#HR Trends and Insights

How to avoid the “Great Resignation” with better benefits

November 02, 2021

Increase employee retention by offering better benefits

Are you taking part in the Great Resignation? Microsoft research shows that more than 40 percent of workers across the world are thinking about leaving their jobs. That has put an enormous amount of pressure on companies to find ways to keep those employees. Employees are burned out and reconsidering their lives following the pandemic.

One thing that may help employees think twice about leaving is the company benefits package. The value of the benefits, including having the right offers for employees, can make all the difference.

Some benefits matter more than others

A survey was conducted earlier this year where it asked 1,000 workers in the United States about their attitudes toward work in the pandemic era. Whether workers were satisfied with their employer’s response during the pandemic was correlated to how much the company either increased benefits offerings or adjusted what was offered to match employee’s needs.

The new top benefits are flexible work schedules (including remote), retirement plans, home office expense reimbursements, health savings accounts, wellness plans, and mental health offerings.

Benefits that are attractive to employees

Edenred offers many attractive benefits to your employees while also being cost-effective and easy for you to manage.

Our Lifestyle Spending Accounts offer employees several different options for health and wellness programs, including:

  • Exercise programs and activities
  • Nutrition education
  • Stress reduction and resilience programs
  • Weight loss programs
  • Smoking cessation programs

You can customize the program based on whether your company has employees working at home, in the office, or in a hybrid setup. We also make it easy to set spending controls and ensure the money is spent how it is supposed to be allocated. We’ll also help you get full reimbursement wherever possible. Finally, we have many partners we work with to help keep costs down.

If you’re looking for a benefit that will help retain your top talent, our wellness programs can be a good fit for you and your employees. Schedule a meeting today and we’ll be happy to review all your options with you.

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