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Work perks | Pay still matters, but are benefits becoming the real retention battleground?

Man exiting modern revolving door
Man exiting modern revolving door

Salary may still top the list of reasons employees look elsewhere, but new research suggests employers overlooking benefits could be making a costly mistake.

Among the 56% of employees who applied for a new role in the past year, 59% said higher pay motivated their search – but not far behind, 45% said better benefits were a key reason for wanting to leave. That puts perks and support packages firmly alongside salary as one of the biggest retention levers available to employers.

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