The recent tightening of the labor market has continued to increase competition among employers trying to attract and retain workers—particularly skilled workers. As the Baby Boomer generation retires, the competition is expected to intensify further, leaving the proportionally smaller succeeding generations (the worker supply) to meet the growing demand for workers.
As employers seek ways to refine their recruitment and retention strategies to better compete for skilled workers, many will look to retune their compensation plans for a workforce with different expectations of work and benefits.
This Monster Intelligence research report is designed to help employers better understand the significance of employee benefits as part of an overall compensation package. It explores the value that workers place on what is considered traditional benefits versus new, emerging benefits, or “benefits of the future.” Based on findings, the report draws conclusions on which benefits can most greatly impact an employer’s recruiting and retention strategies.
Click here to view the Benefits of the Future: What you can expect your employees to value most report and gain a better understanding of the value workers place on specific types of benefits.
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