Don’t wait: Benefits considerations employers need to make now to attract and retain talent

Employers can more effectively offer continuous education opportunities by utilizing hybrid delivery methods, interactive modules, scenario exercises, and customized program hubs.

After two years of regular conversations and sentiment surveys with business owners, I continue to hear a common theme – their sights are set on rebuilding their businesses from the impacts of COVID-19. Top of mind for many in this recovery is a new era in employee recruitment and retention. As workforce expectations have evolved, employee benefits can play a key part in differentiating an employer in the competition for talent. According to the latest findings from the Principal Financial Well-Being IndexSM (WBI), businesses plan to boost employee benefits in a proactive response to the ongoing challenges of the pandemic and a competitive labor market.

Related: Strategies to attract and retain talent in 2022’s tight labor market