Part of the ongoing issue of high turnover among employees may have to do with a disconnect between employers and their workers about what workers value most in the way of compensation, a new study suggests.
The report by Franklin Templeton found that employees prioritize increased pay (56%) and 401(k) matches (42%), but employers surveyed said they would emphasize an increase in health and dental insurance (32%) as their top priority.
The survey, called the "Voice of the American Workplace," found other areas where employer efforts are not matching up to employee needs. The report noted that workers reported employee stress with work/life balance issues and current economic challenges such as inflation.
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