28 February 2022
6 Ways to Diversify Benefits to Attract Top Talent
These concerns, plus the added weight of the pandemic, has led employees to reevaluate their choices, and for many prompted the question, “What place does work have in my life?”
With a significant percent of Americans leaving their jobs, many are left wondering why open positions are remaining hard to fill. The truth is, people aren’t rushing back to work. Companies desperately need to hire, yet they no longer hold the power. Employees can get higher wages at the next company, plus signing bonuses, tuition assistance and flexible work-from-home schedules. Put simply, those looking for jobs have much more leverage and room for negotiation than in the not so recent past.
While some speculate that the power will tilt back to employers as people burn through their savings, companies that want to stay ahead of the curve should use “The Big Quit” as a catalyst for a new approach to hiring. Here are six ways HR teams and corporate leadership can provide more diverse benefits to attract top talent.