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Due to the evolving priorities and demands of younger workers, long-held retention tactics are no longer a guarantee, said Monica Martin, the senior director of integrated and global solutions and a total rewards leader at WTW.

“That speaks to the power that non-financial rewards like job security, benefits and flexible work have in retaining employees,” said Monica Martin, a senior director and total rewards leader at WTW.

For example, amenities like onsite services (i.e. subsidized meals and health clinic access) are part of the appealing in-person work environment that employees are seeking, said Monica Martin, a senior director of integrated and global solutions and total rewards leader at WTW.

“One strategy that’s gaining interest is providing employees more choice in their benefits offering — [for instance,] where employees can have a choice to allocate dollars between their retirement plan or their healthcare savings accounts ,” said Monica Martin, a global total rewards solutions leader at consulting firm WTW.

Access a bonus Workspan Daily article on this subject: Gen Zers and Millennials Are Increasingly Rejecting Corporate Loyalty Provide Career Development Businesses should offer career development growth that is not necessarily “ladder-like,” including through reskilling and upskilling programs , said Monica Martin, the senior director of integrated and global solutions and a total rewards leader at WTW.

In this area, provide rewards offerings that address remote workers’ tendency to work longer hours and their higher risks for feeling isolated and stressed, stated Monica Martin, total rewards solutions global leader at WTW.

Stress and burnout are also driving contention, said Monica Martin, a senior director and total rewards leader at risk management consultancy WTW.

Monica Martin, a senior director of integrated and global solutions and total rewards leader at WTW, said this is all part of considering the WIIFM (“What’s in it for me?”)

Because outputs can be inaccurate or biased, human intervention remains necessary, said Monica Martin, the senior director of integrated and global solutions and a total rewards leader at WTW.