To attract and retain top talent, you should expect to compensate them accordingly. In a study by MetLife, 72% of employees said customised benefits increase their loyalty to their employer
. This is a big deal because employees who feel valued and appreciated are more likely to be engaged at work, which leads to higher productivity.
With the dawn of the new age, your workforce will most likely be full of millennials. These millennials are more likely to be tech-savvy, innovative, enthusiastic, and confident. By 2030, 75% of millennials will likely make up the workforce. According to a study from Forbes, 89% of Millennials said they would stay longer at their jobs if provided with more benefits. In addition, 83% said a robust benefits package is essential when considering whether to accept an offer from another company..