Benefits and the Coming Employee Retention Crisis

Recent surveys show that an extraordinary number of American workers are dissatisfied and would like to leave their employers. However, they feel stuck due to the weak economy. That means extraordinary turnover is likely to occur when the economy finally recovers. Notably, the research indicates that employee benefits are playing a significant role in this dissatisfaction. Companies are having to work harder to balance the costs of employee benefits against the payouts in terms of productivity and reduced turnover. What are the primary trends in play today? How do we see this evolving over time? What are the implications for employees, management, and society? We’ll provide the answers.

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