New Business Resources for Improving Employee Retention
With 9 in 10 small and midsize businesses (SMBs) reporting retention as their top business issue,1 keeping hard-working employees is a must for continued success and growth. To help businesses do that, three guides provide steps and strategies—from offering company perks and employee benefits, to mental health support and a hybrid work culture.
Guide to retaining employees and other tips
71% of SMBs said offering more employee benefits helps improve retention.2 This guide offers ideas for retaining employees in five key areas:
- Pay/compensation
- Company culture
- Flexibility/hybrid work
- Employee benefits for all
- Key employee benefits
Download and share retention guide
Employee mental health guide
42% of U.S. adults reported symptoms of anxiety or depression in 2021.3 This guide helps businesses make a difference in employee mental health—and business productivity—in five main categories.
Download and share employee mental health guide
Hybrid work culture guide
While 48% of jobs are done in a hybrid capacity, 73% of businesses plan on permanent remote and hybrid work.4 This six-step guide can help businesses build a work culture plan for all employees.
Download and share hybrid work culture guide
Webinar replay
Principal Small Business Connect: Balancing flexibility in the workplace. If you weren’t able to join us recently, you can listen to the replay to hear a discussion about the impact of workplace flexibility on recruitment and retention, employer versus employee sentiment on flexibility, work/life balance, and employer burnout.
1 2022 Principal Sentiment survey of small and midsize employer customers (128), non-customers (128) and employees (128) conducted between May 4 and May 9, 2022.
2 2022 Principal Financial Group® Business Owner Check-in, conducted by Dynata.
3 Centers for Disease Control and Prevention, April 2021.
4 Principal Financial Well-Being IndexTM 2022.