Long story short: Why should your employees stay?

The great resignation has put employees in the driver’s seat when it comes to the battle for talent. Organizations are willing to offer unique benefits to attract new workers, but existing employees who remain with their employer want to know what they’re getting in return for their loyalty.

Fifty-eight percent of the organizations surveyed by SHRM say that beyond normal yearly wage increases, they are offering higher starting salaries than last year. Forty-two percent of HR professionals who said their organization has seen higher turnover in the past six months also said their organization has added new remote work options to reduce turnover; 32% have increased employee referral bonuses; and 28% have introduced new or additional merit increases.