Illustration of businessmen with one removing tie and leaving Basketball coach, pilot, retirement advisor? What career opportunity could lure benefits brokers away from the industry? 

We asked our readers, "how is the Great Resignation affecting the benefits industry? If you were to ever leave the industry, what career would you pursue instead?" Here's what you said:

In the crosshairs

Yes, the benefits industry has been affected by the Great Resignation, just as much as any other industry. Specifically as a smaller agency, we are targeted by headhunters quite a bit as they know that some of the larger and more metropolitan agencies can pay more than I can. And the impact to me of losing just one person is that I lose 20% of my workforce in one fell swoop. Despite the fact that we offer "Amazon level" benefits, we can't always compete on straight compensation alone and that seems to be more of a deciding factor than ever.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Practice Management
C-Suite