Benefits Insights from 2024: Key Data, Statistics, and Takeaways
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Employee benefits help employees feel valued and supported, balance work and personal life, boost mental and physical wellness, and provide support during times of need.
Benefits for 2024 trended toward what is termed “The Big Stay” or “The Great Stay.” This means fewer employees voluntarily left their jobs in 2024, with the quit rate in the United States standing at 1.9%, compared to The Great Resignation at the beginning of the pandemic when the quit rate stood at about 4.5 million employees leaving their jobs monthly.
This article examines key employee benefits statistics from 2024, breaking down what these numbers reveal about employee needs and organizational priorities. Read more