How will the ‘Great Resignation’ change employees’ attitudes to employee benefits?
After almost two years of pent-up frustration among employees, as a result of a stagnant jobs market throughout the Covid-19 (Coronavirus) pandemic, the so-called ‘Great Resignation’ is underway.
And, although pay is an important consideration in any job move, it is not the only driver. When seeking a new role, for some the choice about time and place of work is now seen as almost as important.
Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer.
Simon Belcher, Partner at Secondsight commented “This is also filtering through into pensions”. Simon reports seeing an increase in requests from younger employees for access to ethical and sustainable fund options.
Read all of Simon’s comments in the full article on Employee Benefits here.