Attracting and retaining talent during 'The Great Resignation': Retirement solutions that support both employers and employees
Today's workplace complexities may feel even greater when retirement plans are handled by more than one recordkeeper.
By Renee Schaaf|November 15, 2021 at 11:23 AM
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Employers are facing new challenges in today’s pandemic-impacted economy. In today’s “Great Resignation”, workers are leaving jobs in record numbers in search of better pay, more flexibility—and greater happiness. As a result, businesses and organizations are finding it harder to attract and retain talent.
Principal’s research echoes the headlines, noting that three-fourths of American employers and retirement plan sponsors are concerned about increased competition for staffing candidates and are struggling to fill open positions.
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