Retaining great employees is an ongoing challenge for business leaders – one that has only grown more difficult in today's uncertain economic climate and competitive job market. Recent data from Workhuman shows that more than a third (36%) of U.S. employees plan on leaving their jobs within the next year. Today, employees have more options to choose from, increasing their likelihood of leaving their current positions in search of better opportunities. What's more, the emotional and mental strains of the pandemic have caused employees to question the purpose of work and their role within an organization. "Is the time and effort I'm putting into my job worth it? Does my company appreciate me? Do I share in its mission and purpose?"

In an ever-evolving environment, how can companies better retain top talent and maintain a strong and stable workforce so they can continue to grow and succeed in the long term? With proper thought and planning, one powerful, proven solution is employee ownership.

Cultivating an owner's mindset

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.