EXECUTIVE SUMMARY
Most companies lose nearly a quarter of all new employees within a year, which makes attracting and retaining talent a top business priority. In an attempt to skirt the costs associated with turnover, businesses are constantly testing new strategies to differentiate their company. Many are turning to workplace perks as a way to motivate employees. But as perks become more elaborate, it’s difficult to choose which to offer— or to know if perks even matter for retention.
This whitepaper examines the importance of perks for talent acquisition and employee retention as highlighted by industry research, and provides tips for building a successful program.