Aflac | Workforces Report | 2013 - page 25

The Aflac report also found that benefits play a role in keeping work-
ers from leaving in the first place. In fact, 74 percent of workers
are extremely/very satisfied with their job if they are extremely/
very satisfied with their benefits plan. Furthermore, workers who
are extremely to very satisfied with their benefits program are three
times more likely to stay with their employer, compared to those
workers who are dissatisfied with their benefits program. Moreover,
69 percent of workers who are not satisfied with their current
benefits package indicated that by improving their benefits pack-
age, their employer could entice them to stay.
The Aflac WorkForces Report also found that employee percep-
tions of the degree to which their employers care about them
weighs heavily on their loyalty or lack thereof. More than 4-in-10
(44 percent) of workers who disagree that their employer takes
care of its employees are at least somewhat likely to leave in the
next year, compared to only eight percent of those who at least
somewhat agree their employer takes care of its employees.
Employers risk losing workers to competitors if they don’t offer flex-
ible benefits plans that employees believe meet their needs. In fact,
the Aflac report found that 59 percent of workers would be at least
somewhat likely to accept a job with a more robust benefits pack-
age, but lower compensation.
As the job market improves, companies are looking for more
ways to combat turnover. Many of these solutions may be closer
than they think. Making benefits offerings part of the retention
effort is often forgotten, but an essential factor contributing to
job satisfaction, and creating the perception that an employer
truly cares about the well-being of its workforce.
Job
satisfaction
2012
2013
Loyalty
to employer
Willingness
to refer
a friend
Work
productivity
Decision
to leave
company
Workers Agree that
Benefits
Influence:
100
50
0
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