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Benefit Landscape

“The benefits and perks that employees truly care about are those that offer them greater flexibility, autonomy and the ability to lead a better life.” – Gallup State of Work Report, 2017

“Many small companies are focusing on benefits and perks that are a bit more manageable financially but also represent their culture and accommodate their employees’ lifestyles. They are offering employees the flexibility, autonomy and development they want and establishing work environments that feel less like traditional, inflexible corporate cultures.’ – Gallup State of Work Report, 2017

“89% of millennial parents prioritize benefits over pay raises.” Glassdoor Employment Confidence Survey, 2015

“83% of women would change jobs for better benefits.” Care.com Workplace Solutions Survey, 2015

“A few of the most common benefits and perks organizations offer are not on the previous list. These include wellness programs, reimbursement of fees to attend professional conferences, professional development programs, employee assistance programs, free or subsidized parking, and company perks such as discounts and paid memberships. Between 20% and 29% of employees say they would change jobs for these items.” – Gallup State of Work Report, 2017

“Millennials want benefits and perks that directly impact their lives and the lives of their family members, and they show a greater willingness to switch jobs to secure these elements. Millennials are more likely than older generations to be planning families and to have young children at home.” – Gallup State of Work Report, 2017

Impact on Employers

“The cost of a new hire can range to up to 200% of the departing employee’s salary.” Americanprogress.org

Of the 34% of organizations that increased benefits offerings in the last 12 months, 72% cited retention as a reason for doing so and over one-half to attract new talent (58%) and/or respond to employee feedback (54%). – SHRM

Retaining Mothers

34% of women do not return to their job after maternity leave. Motherhood in America, 2017 Report

Moms treated to a maternity concierge are 25% more likely to keep working. – Working Mother

“Working women who are becoming mothers today are a flight-risk; they’re open to change and actively pursue it. If employers fail to become female- and family-friendly by making deliberate and thoughtful changes to their policies, practices, and culture, they will lose the top talent they already have and risk undermining their recruitment of new talent.” -- Motherhood in America, 2017 Report

“43% of women who left their job after pregnancy felt that their employer could have done things differently to keep them in the workforce.” -- Motherhood in America, 2017 Report

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