Whiteboard strategy sketch Always be prepared to have an open dialogue with employees so that they don’t feel caught off-guard by sudden developments in the company. (Image: Chris Nicholls)

Initially, the freedom of remote work kept many workers out of the office, but work/life balance eventually became muddled, causing these same employees to look elsewhere for employment with greater benefits. Turnover among millennials alone has cost U.S. businesses $30.5 billion per year. People want more than competitive pay, and companies will need to get creative and innovative to attract and retain employees.

Related: Why employers must rethink benefits strategies if they want to win the war for talent

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.