More than two-thirds (68 per cent) of U.S. employees say they plan to stay with their current employer, up from 64 per cent in 2022 but down from 72 per cent in 2021, according to a new survey by Mercer.

The survey, which polled more than 4,500 employees, found three-quarters (74 per cent) said they feel their benefits are as good or better than those offered elsewhere. It also found employees who believe they’re paid fairly were also 85 per cent more engaged and 62 per cent more committed to their organization.

Two-fifths (38 per cent) of employees said they still prefer to work fully remotely, down slightly from 42 per cent in 2022. The survey found hybrid employees were the most engaged and satisfied, particularly among employees who work onsite four days per week.

Read: 57% of employees considering quitting jobs for roles with more well-being support: survey

Respondents cited mental health as one of their top concerns and called more time off (33 per cent) the No. 1 method that employers could use to prevent burnout. This was followed by reduced workloads (24 per cent), better resources (22 per cent), more flexibility (21 per cent), enhanced employee assistance programs (19 per cent), access to mental-health apps (18 per cent), modified work practices (17 per cent), enhanced access to mental-health providers (16 per cent), more support from management (15 per cent) and on-demand access to virtual mental health (13 per cent).

“While employers have slightly more bargaining power in this economy compared to last year, the job market is still tight and employers should not become complacent,” said Lauren Mason, a senior principal at Mercer, in a press release. “Employees today have shifting needs and expectations about work — and employers that acknowledge those needs and address critical gaps to support employees’ lives, both inside and outside of work, will become an employer of choice for the long term.”

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