Digitalization concept

Worker recruitment and retention remain a key focus of employers in the new year. With 4 in 10 employees willing to leave their current job for one with better benefits, more than 60% of businesses have responded by changing their benefit offerings in the past year.

In a Forbes Advisor survey:

  • Forty percent of employers say they believe workers leave their jobs to find employment that offers better benefits.
  • More than half of American workers report being content with the benefits that their current employer offers.
  • One in 10 workers would take a pay cut to have access to better benefits.
  • More than 30% of 18- to 41-year-olds are most concerned with having pet insurance available as a benefit.
  • Nearly 40% of 42– to 57-year-olds are most likely to want mandatory paid time off from their employer.
  • Moe than 80% of employees older than 42 are looking for roles that include employer-covered health care.

The challenge for employers is to align their benefit offering with worker needs and wants.

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