Date Added: Apr 2011
Retaining talent is one of the leading strategic benefits objectives identified among employers, but a decline in the percentage of employees who feel a strong loyalty toward their employer is undermining that effort. Other top benefits objectives among employers are to control costs and also improve employee productivity. Achieving all three benefits objectives is a skillful juggling act, but an effective balance can be found. One voluntary benefit that can contribute to meeting all three objectives, and also reap corporate goodwill, is a group legal plan to help time-challenged employees who are facing greater personal difficulties tied to a sluggish economy.