Multigenerational Workforce Do's & Don'ts
Many organizations operate under the assumption that a traditional benefits approach is an acceptable strategy. But with 5 generations in the workforce, the continued adoption of conventional benefits strategy can negatively impact employee engagement and drive up organizational costs.
In fact, only 28% of employees believe the one-size-fits-all benefits approach is valuable. By maintaining a traditional benefits approach, you put 72% of your workforce at risk for voluntary attrition. In this episode, we tackle how to effectively navigate your multigenerational workforce, focusing on the do's and don'ts as well as how these workforces are impacting benefits and the trends we are seeing across organizations.
Related News & Updates
1 min read
Today’s business leaders spend much of their time figuring out how to reduce organizational costs while attempting to maximize benefits offerings for employees. It’s an important consideration seeing as rising…
Better Benefits, Lower Costs
5 min read
The primary objective of any strategic plan, specifically an employee benefits strategic plan, is to address internal and external factors that will impact the development of an effective benefits program…
Better Benefits, No Headaches, Vibe
6 min read
On April 3rd, HR, benefits and business experts from across the country logged on to Virtual FutureCast 2019, a digital summit designed to deliver impactful yet practical ways to take…
Better Benefits, No Headaches
2 min read
You’ve spent time implementing your company’s new benefits package, worked alongside your benefits administrator to create an excellent communications plan, but 3 to 6 months into the plan year, you…