Each quarter, the Attraction and Retention Newsletter offers statistics about the employment market, suggestions on securing top talent and insight to attract and retain workers.
The fourth quarter edition explores:
- the competitive labor market as employers address high inflation;
- trending employee benefits that strengthen attraction and retention efforts; and
- university and college recruitment strategies.
Current trends indicate that despite the inflow of more people entering the workforce, there is still a considerable shortage of workers for available positions. In addition, employee quits continue to trend higher than historical standards. While employers deal with the realities of high inflation rates, competitive compensation has become increasingly more important for workers. With market uncertainty though, many employers are exploring strategies to cut costs, including layoff options.
Attraction and retention challenges remain and employers need to continue exploring strategies to better meet the desires of today’s workforce. Download your copy of the newsletter today to stay up-to-date on trends, challenges and tips to stay competitive.
For more information about employee benefits, our services and products, contact HANYS Benefit Services by email or call 800.388.1963.
This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2022 Zywave, Inc. All rights reserved.