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How to Build Employment Value with Better Benefits
TalentCulture #WorkTrends
English - July 16, 2021 10:00 - 23 minutes - 32.2 MB - ★★★★ - 26 ratingsManagement Business Careers business futureofwork humanresources management recruiting interview leadership talent talentculture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The 3 Pillars of Hybrid Workplaces
Next Episode: Building the Future Through Stem
In a tight labor market with rapid job turnover, employees no longer take a job based on salary alone. These days, benefits are just as important as income—and a critical part of the recruitment package.
In fact, 82% of women with kids and 76% of men with kids would prefer better benefits over a salary increase, and 80% of employees overall would opt for better benefits over a better salary. And while 92% of Millennials say money is a major factor in a job, 90% of Millennials say they would prefer benefits over a salary increase.
In other words? Employees are planning for the future, and they know that benefits can help them secure it. Recruiters planning future talent acquisition need to think the same way.