Unveiling Insights: 2023-2024 Attraction and Retention Employee Pulse Survey

Unveiling Insights: 2023-2024 Attraction and Retention Employee Pulse Survey

BenePro BenePro

BenePro

We specialize in Building Benefits Better – customizing to meet the unique needs of modern businesses.

发布日期: 2024年2月8日
+ 关注

In the dynamic landscape of workforce management, understanding the pulse of employees and employers alike is paramount. In November 2023, Zywave embarked on a mission to unravel the intricacies of attraction and retention challenges prevailing in workplaces across the United States. The culmination of this endeavor resulted in the comprehensive 2023 Attraction and Retention Employee Pulse Survey.

Gathering insights from over 130 employers representing diverse sectors, including finance, insurance, manufacturing, healthcare, nonprofit, construction, and retail, Zywave delved deep into the core challenges and strategies shaping the contemporary workplace.

Demographics:

The survey encapsulated a spectrum of organizational sizes, ranging from fewer than 10 employees to over 1,000, with the majority employing between 50 and 99 individuals. This broad spectrum ensured a holistic representation of workforce dynamics, allowing for nuanced observations and analysis.

Industries:

Finance, insurance, and real estate emerged as significant contributors, constituting nearly 28% of the respondents, followed by manufacturing, healthcare, nonprofit, construction, and retail. This diversified participation enriched the survey's findings, offering insights applicable across various sectors.

领英推荐

Key Insights:

At the heart of the survey lay a quest to unravel the efficacy of voluntary benefits programs in addressing attraction and retention challenges. Amidst a backdrop of evolving workforce expectations and demands, employers increasingly recognize the pivotal role of voluntary benefits in fortifying their talent retention strategies.

The survey underscored a prevailing sentiment among employers towards the expansion and enhancement of voluntary benefits programs in 2024. With many organizations grappling to align with their workforce's escalating compensation expectations, voluntary benefits emerge as a strategic lever to bolster attraction and retention efforts.

The 2023/2024 Attraction and Retention Employee Pulse Survey encapsulates a mosaic of insights illuminating the contemporary dynamics of workforce management. From the burgeoning significance of voluntary benefits to the nuanced challenges faced across industries, this survey serves as a compass guiding employers towards informed decision-making.

Together, let us navigate the evolving terrain of attraction and retention, empowering organizations to cultivate thriving and resilient workplaces.

The responses to the 2023 Attraction and Retention Employer Pulse Survey suggest that even though the labor market may be softening, employers’ attraction and retention struggles will continue through 2024. Since attracting and retaining talent continues to be a primary challenge for organizations, employers are searching for effective ways to address this issue while remaining competitive. As survey results reveal, many employers view offering or expanding voluntary benefits programs as an effective strategy for addressing attraction and retention struggles. Implementing impactful benefits programs that meet employee demands and needs may not only deliver valuable benefits to employees but also help employers stand out in today’s competitive labor market.


要查看或添加评论，请登录

BenePro的更多文章

社区洞察

其他会员也浏览了