Attracting and retaining talent with employee benefits {infographic}

shutterstock_156723653 (1) It can cost up to 5x an annual salary to replace a departing employee, but the reasons people leave may be different than we think.

The assumption is they’re going in the pursuit of more money, but research shows employees who are happy with their current compensation will move on for comparable wages if other factors are met elsewhere.

Today’s worker is shopping around for an offer that gives them reasons to join an organisation – and reasons to stay. Above and beyond an attractive salary, a business’ competitive advantage in the attraction and retention of talent could be a compelling employee benefits range.

Attracting and Retaining Talent with Employee Benefits

Attracting and Retaining Talent with Employee Benefits from accumulate

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Sources: Member Advantage, The Importance of Employee Benefits Programs, Integral Talent Systems, Inc. The Reasons Employees Stay are Not the Same as Why They Leave http://www.itsinc.net/retention-research.htm