08/16/2022

Survey Finds Job Stability is Motivating Employees to Stay Put

There are signs the Great Resignation may be slowing

Employee desire for job stability is an underestimated benefit — positive news for employers trying to prevent a talent drain. Although it’s not a guarantee they’ll stick around long-term, it does give employers the opportunity to offer programs, perks and benefits that better align with employee needs, Alison Stevens, Paychex’s director of HR services, noted in a statement.

As “stewards of the workplace,” HR professionals have the knowledge, expertise, tools and support to lead the opportunity to get these needs met, strengthen job stability and improve company value, Johnny Taylor, president and CEO of the Society for Human Resource Management (SHRM), said in an op-ed for HR Dive.

In getting started, HR should take an employee-centric approach to assessing worker needs because different generations place higher value on different benefits, Paychex said. For example, although Baby Boomers, Gen X and Millennials are more likely to say job stability is the most important reason they work at their company, members of Gen Z said they prioritize meaningful work, mental health benefits and company growth.

Please select this link to read the complete article from HR Dive.