Employee Benefits Watch: Preventing An 'I Quit' Culture

The Great Resignation continues, with workers across the globe quitting their jobs in droves, mainly in response to the raft of drastic changes that were implemented because of the COVID-19 pandemic. For firms struggling to hang on to their talent or attract new staff, offering the right mix of employee benefits significantly helps both stem the churn and position them as a company that people want to work for.

Darren Perkins
Sales Director
Employee Benefits Watch: Preventing An 'I Quit' Culture
Darren Perkins
Sales Director
News
Business
January 20, 2022
  |  
Read time: 
2
 minutes

The Great Resignation continues, with workers across the globe quitting their jobs in droves, mainly in response to the raft of drastic changes that were implemented because of the COVID-19 pandemic. For firms struggling to hang on to their talent or attract new staff, offering the right mix of employee benefits significantly helps both stem the churn and position them as a company that people want to work for.

Three Quarters Of Office Workers Are Considering Quitting

Research has revealed a large proportion of UK white collar workers are considering quitting their jobs or changing careers because of burnout, a poor work-life balance and toxic workplace environments.

According to a nationwide survey of people working in homes and offices, conducted by Censuswide, 57% of professional, desk, managerial or administrative workers are suffering from low morale. Moreover, nearly one-fifth said their workplace environment was ‘toxic’, while just under a fifth (18%) indicated that their employers didn’t care about their mental wellbeing.

The increased pressure added by the COVID-19 pandemic has meant that, despite working from home for the majority of the time, many workers are actually putting in longer hours and neglecting their personal needs.

It’s clear that while financial remuneration is a consideration for workers, culture, employee benefits that work for the individual and work-life balance are more important.

Related Reading: Supporting Employee Health & Wellbeing In 2022

Workplace Stress Causes 49% Of Legal Workers To Job Hunt

Meanwhile, separate research from Legal technology firm Exizent reveals that nearly half of legal professionals have looked at new jobs because of workplace stress.

According to the Exizent research, 49% of legal workers admitted to actively searching for different employment because of challenges and stresses at work. Furthermore, 56% of those polled said pandemic-related stress at work has caused them to make mistakes.

The survey also discovered that two in five (40%) legal professionals are seeing their home and family lives negatively impacted by workplace stress. Moreover, 44% said they have experienced poor mental health as a result, while 38% said it had impacted their physical health. One five admitted to having to take time off work as a result.

What do legal professionals want? Well, according to 16% of those polled, it would help if their employer offered mental health support. But more interesting is the revelation that more than half (58%) said their working lives and wellbeing would be improved if their companies hired more staff to ease the workload burden and relieve stress.

More than two in five (44%) said improved working practices and processes are needed, while 35% wanted to see improved software.

Related Reading: Organisations Risk Losing Employees Unless They Get Benefits Right

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Taking both these pieces of research into account, employers need to be doing everything they can to support their employees, particularly when it comes to their health and wellbeing. One of the best ways organisations can support their staff is through employee benefits which are geared towards providing workforces with what they need in dramatically changing times.

If you would like to find out more about what employee benefits are available and how the right package could facilitate your business and its employees, contact Premier Choice today.

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