Three-quarters of young workers willing to jump ship for better benefits

July 11, 2022

Canadian workers are ready to walk out the door for better benefits.

Nearly three-quarters (73 per cent) of 13- to 34-year-olds and 69 per cent of 35- to 44-year-olds in particular are prepared to leave their current employer for another that is offering what they would consider to be better benefits, reports RBC Insurance.

The top three desired benefits are ones that provide support for mental health (88 per cent), a health spending account (80 per cent) and options to add additional coverage (79 per cent) to better meet personal or financial objectives.

Nearly one-third (31 per cent) of workers said they are currently looking or plan to look for a new role in the second half of 2022, up from 28 per cent six months ago, finds a separate report from Robert Half.

“Given our collective experience since March of 2020, it’s not surprising to see a range of worries and stressors reported by working Canadians” says Julie Gaudry, head of group benefits at RBC Insurance.

“The knock-on impacts of a tightening labour market have made flexible and tailored employer-provided benefits desired by many – and clearly a draw, particularly for younger generations.”

Source: HR Reporter