Market Insights

82% of organizations have already invested in AI, with another 33% saying they will increase investment in AI by more than 50% in the coming year.

In the previous three years, price per employee was the top benefit consideration for employers, however this year it dropped by 22%, landing in third place.

Retirement plan design is moving away from a one-size-fits-all environment to emphasize individuals' unique needs and improve participant access, however, employers must be sure not to confuse participants with too many options.

Job-hopping and fearless quitting have created a retention crisis, but today's digital native workers have a hidden passion for loyalty that employers can capture through effective training.

Only 10% of organizations expect in-person work all of the time.

A troublesome 2 in 3 employees would change their jobs for better benefits, and 46% of workers are actively considering a job change in 2024.

A combined 61% of the workforce say they do not receive regular appreciation from their supervisors.

With the new independent contractor standard, the U.S. Department of Labor is "essentially putting their thumb on the scale to encourage a finding of employment," Baker & Hostetler partner Todd Lebowitz said.