What is known as the Great Resignation, Americans are continuing to quit their jobs at the fastest rate ever.

But why?

Well, it depends on who you ask. Was Covid-19 that much of an eye-opener that 30 million Americans decided to peace out and go do hot yoga somewhere on an island? I don’t think so. Did it exploit the lack of leadership in organizations across the US? Maybe. Did it just bring perspective to people where they finally realized that life is much more than work and instead of commuting an hour and a half round trip five days a week, dealing with Joe Blow at the quarterly potluck, missing their kids recital, they realized it wasn’t worth it. Yea, that’s a real possibility.

But mostly it’s because the times have changed and corporate America’s approach has stayed the same. There are upwards of five generations working in an organization at this point and time. What use to work in recruiting employees back in the 80’s & 90’s and even the early 2000’s were standard benefits. But these days, workers are holding their employers feet to the fire when it comes to benefits and equality. They want diversity and they want the employer to meet them where they’re at, not the other way around. Value, Flexibility, and Cost are all major deciding factors for employees when joining an organization or as we’ve seen over the past year, leaving it.

“Now more than ever, employee benefits are among the most critical elements of a company’s recruitment strategy. Benefits can not only attract workers, they also can foster workplace equity and a sense of belonging.”- CNBC

 

Read more in the link below! https://www.cnbc.com/2022/03/17/to-attract-workers-make-sure-benefits-reflect-what-employees-want.html