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Quiet quitting and employee frustration has not disappeared by any stretch. At the same time the labor market remains as tight as it has been in decades. In fact Forbes Advisor says 40% of employers believe workers leave their job to find employment that offer better benefits. So attraction and retention with the right benefits remains an important tool in the HR toolbox.
A new Forbes Advisor study shows:
- 32% of workers report they've quit their job for higher pay, while 1 in 5 workers have quit their job to have work-from-home options in a new role.
- 1 in 5 in-office workers want to adopt a 4-day work-week.
- 26% of remote workers are still seeking flexible hours from their employers.
- 1 in 10 workers would take a pay cut to have access to better benefits.
- 22% of workers report their current role does not have adequate professional growth opportunities.
Employees, according to the report, are looking for employer-covered health care, life insurance, pension and retirement plans, mandatory paid time-off, and mental health assistance.
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