2022 TIAA Employee Retention Survey

One in three employees are considering leaving their jobs this year.
Communicating about retirement benefits could retain them.

More than 30% of employees say it is at least possible they will leave their job in 2022

Data illustrated in graphs may not equal 100% due to rounding.

Employee insights
Importance of benefits when deciding whether to leave current employer
77% of employees say that they are extremely or very likely to consider retirement benefits when leaving an employer
Nearly 7 in 10 employees would like more
information about their retirement plan or savings and think educational
resources would be extremely or very helpful.

Top four helpful participant resources
% extremely/very helpful

Approximately 70% of employees think that educational resources would be extremely or very helpful.
Opportunity
Employers are missing key opportunities to educate their benefits offerings

Most only communicate the retirement benefit to new hires and at annual open enrollment periods.

Employer communication around retirement benefits

More effort can be made by employers in communicating benefits as a tool to help with recruitment and retention challenges.
Take the next step

Communicating about retirement benefits could retain employees.

We can help.

Request Contact Request Contact

Or call your TIAA relationship manager or the Administrator Telephone Center, 888-842-7782, weekdays, 8 A.M. – 8 P.M. (ET)

Download the full report and put the insights to work for you and your employees. Opens pdf

2022 TIAA Employee Retention Survey conducted by Greenwald Research on behalf of TIAA.

This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances.

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