Our first report of 2024, Transforming Talent Retention: The Benefits and Wellness Report, is here. In today’s competitive business environment, the financial impact of losing top talent cannot be overstated. Our mission is to help companies stop the costly cycle of investing time and money into team members only to see them leave within a year. This turnover not only affects your bottom line, but also disrupts team dynamics and hinders long-term growth.
Our report reveals several key statistics highlighting the importance of comprehensive wellness programs and meaningful benefits. To see what you can expect, take a look:
- 80.6% of young professionals prefer a healthy work-life balance.
- 85.5% prioritize paid time off as a top benefit.
- 72.3% value health insurance, while 66.4% look for a 401k match.
These findings underscore the necessity for businesses to understand and cater to the diverse mental health needs and benefit desires of all generations.
What You Can Expect:
This report dives into the specific drivers and motivators of top young professional talent today, providing actionable insights to help you build a workplace where all generations can thrive. By identifying the drivers of your entire workforce, you can foster a more committed and productive team.
When leaders create a culture that emphasizes wellness, they can attract and retain top talent, leading to higher engagement, profitability, and credibility as an organization. The report outlines wellness pillars in the workplace, noting that American working professionals dedicate over 54% of their time to work or work-related activities. This substantial investment of time and energy highlights the critical role of workplace environment, culture, and support systems in shaping employee well-being.
With our latest study, we encourage you to leverage this information and proactively empower your leaders to implement these insights in your workplace. By focusing on comprehensive wellness programs, robust mental health support, and meaningful benefits, your organization can create a thriving work environment that retains top talent and drives long-term success.
