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Joanna Evans Shares Insights with WorldatWork on Forward-Thinking Benefits to Drive Employee Retention
Joanna Evans Shares Insights with WorldatWork on Forward-Thinking Benefits to Drive Employee Retention
According to a study by Preply, employers that invest in innovative benefits programs are more likely to see a positive impact on employee retention with lower turnover rates.
Companies like Spotify, Johnson & Johnson, and Meta have garnered attention by providing more personalized benefits than typical plans. In an era where employees increasingly seek to feel valued and supported, offering tailored perks has become crucial for employers.
Recognizing that traditional benefits packages may not address the evolving needs of today’s workforce, Joanna Evans, Sr. Benefits Consultant at OneDigital, recently shared her thoughts on the current trend shifting toward personalized benefits with WorldatWork:
It’s even more important for younger generations entering the workforce to feel like the benefits are meeting their specific needs and not generalized. Therefore, benefits like baby milk shipping or family-forming benefits that cater to specific individualized needs are highly valued and effective.”
— Joanna Evans, Senior Benefits Consultant
As employers adopt more nontraditional benefits into packages, these perks must stand out and offer personalized value to the employee. Offering a full-scope package can retain top talent and give a company a competitive edge, thus setting a new standard for workplace benefits that demonstrates commitment to employee wellbeing and success.
To read the full article on nontraditional benefits, click here.
Interested in learning more about what matters most to your employees? Check out OneDigital’s 2024 Employee Value Perception Study.