Retirement and healthcare benefits have dominated the discussion on total rewards lately as public employee benefits have been scrutinized. But benefits aren’t the only component of a total rewards program that is significantly impacting the workforce right now.
Employee engagement surveys have revealed that employees don’t feel appreciated in their current roles. In fact, as many as two thirds of employees are actively looking for a new position right now, and one of the primary contributors to the discontent is a lack of appreciation. More than half of respondents in an Aon Hewitt survey said being appreciated would motivate them to stay at their organization.