Nearly 4 in 10 experienced turnover of 15% or more in 2020. Actual turnover defied early expectations, with 13% instead of 4% of employers experiencing a rate of 30% or more. An additional 26% had turnover of 15%–29%, including 12% in the 15%–19% range, 9% in the 20%–24% range and 5% in the 25%–29% range.

As work environments evolve, success depends on investments and decisions driven by workforce preferences. This can keep dispersed employees interconnected, engaged in shared teamgoals and working toward a common mission. Considerations should include  cultural impact, engagement, inclusivity, communication transparency and change management strategies.

Seventy-two percent (72%) of employers enhanced base salary, and 39% enhanced variable pay orcbonus programs. Medical was the top benefits category for enhancement (55%), followed by leave policies (43%), voluntary or supplemental benefits (41%) and retirement (38%).Seventy-two percent (72%) of employers enhanced base salary, and 39% enhanced variable pay or bonus programs. Medical was the top benefits category for enhancement (55%), followed by leave policies (43%), voluntary or supplemental benefits (41%) and retirement (38%).