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The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

Hppy

Research by Glassdoor showed that 63% of employees look for new or additional benefits over a pay raise when scoping out job listings, highlighting the increasing value placed on non-monetary aspects of employment contracts. They are strategically designed to meet the diverse needs and desires of a varied workforce.

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How to Design an Employee Benefits Program Effectively

Empuls

According to Glassdoor’s Employment Confidence Survey , about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise.

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

Tangible rewards, such as bonuses or pay raises, can complement non-monetary incentives like public recognition, additional vacation days, or opportunities to attend conferences and seminars. But beyond the basic salary, comprehensive benefits can be the deciding factor for many professionals.