Just like a good cheese is always made better when paired with a bottle of good wine, voluntary benefits can also be made better by the right pairing. And this refreshed offering may be just what you need to meet your clients' evolving needs.
The latest case for pairing benefits
The COVID-19 pandemic and the Great Resignation have delivered a real-life gut check to more and more employers who are recognizing the need to put extra work into talent retention. After a record 4.4 million resignations in September, October was not far behind, at 4.2 million.
A recent Prudential survey reports that 46% of workers are either actively looking for a new job or are considering a new job search; that number grows to 6 in 10 among millennials. What's the top driver of this movement? For nearly half, it's the opportunity for better compensation and benefits. So, there's a greater urgency for employers to enhance total compensation with a benefit portfolio that's customizable to individual needs.
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