IN THE TIME OF THE GREAT RESIGNATION, HOW CAN YOU BECOME AN EMPLOYER OF CHOICE?

It seems there’s a day for celebrating everything, but for those of us at MJ who are self-professed insurance geeks, we admit a little extra enthusiasm for National Employee Benefits Day, which falls on April 5th this year.  

If you’re not as excited as we are, we urge you to rethink the value of employee benefits to your organization’s long-term success—particularly in the midst of the Great Resignation, which doesn’t appear to be letting up. In fact, another 4.4 million Americans quit their jobs in February 2022, and there are now a staggering 11.3 million active job openings in the U.S. 

Not only has the Great Resignation left companies short-staffed, but it’s created new levels of stress for the employees left behind who’ve had to pick up the slack. Even if your organization has sidestepped some of these struggles, don’t discount the impact on your long-term retention and recruitment. The truth is that employee expectations have changed, and the competition for qualified talent has reached a fevered pitch.  

Are you doing all you can to be an employer of choice?  

The key to lasting success will be finding ways to encourage, empower and reward your team. This makes a comprehensive total rewards strategy particularly crucial—one that incorporates more than traditional compensation and benefits.  

MJ’s integrated approach to Total Rewards may be just the solution you need. Powered by our proprietary data analytics platform, APERTURE®, MJ provides specialized consulting services to help you develop an employee rewards program that blends compensation, benefits, retirement and wellbeing programs into a completely unique offering. It’s never the same recommendation for every client because we mix and match rewards to suit your own organization’s culture, talent, budget and strategic priorities. The result is something that captures attention and demonstrates your appreciation. 

At MJ, we’ll help you create a Total Rewards program unique to your needs. 

  • Using leading-age analytical tools, we’ll forecast how your employee benefits package may impact your bottom line and help you design a program that best fits your organization’s, and your employees’, needs. 
  • Compensation and rewards programs, including market-competitive salaries, recognition or performance bonuses, PTO and leave packages, tenure and anniversary awards, sales incentives, company swag and more.  
  • Ideas for work-life integration, workspace and workplace flexibility, and mental, physical and spiritual wellness 
  • Retirement plans and financial wellness support 
  • Community and connection programs, such as volunteer time-off, donation matches, team building and corporate events 

Ready to start the conversation on how to become an employer of choice? If you’d like to learn more about MJ Total Rewards, there’s no better occasion to get started than National Employee Benefits Day!