Beat the Great Resignation with a Flagship Benefit

The Great Resignation, a.k.a The Big Quit, is the recent trend of workers leaving organizations in droves due to poor benefits, compensation issues, lack of flexibility, toxic work environments, etc. The phrase and the trend behind it took off during the COVID-19 pandemic. It was at an all-time high in November 2021 when 4.5 million people left their jobs searching for something better, ultimately disrupting the operations and outcomes of many organizations nationwide.  

So, what improvements were these millions of workers looking for? It comes as no surprise that as the cost of living has increased, so have demands for better compensation. According to a recent study by PcW, wages/salaries were the number one reason employees have been seeking new roles. However, benefits and better benefits packages were the second most common reason workers left their organizations. 

Even before the COVID-19 pandemic, workers felt uninspired by their benefits package. A 2018 Randstad study found that: 

• only 39% of workers were satisfied with their current benefits  
• 66% said that benefits are the largest determining factor in considering a job offer  
• 61% would take lower pay for a better benefits package 

And in today’s market—hiring crunches that give workers bargaining power to choose the job they want coupled with the ripple effects of The Great Resignation—don’t expect your workers to stick around if they find a better benefits package elsewhere. 

The Quadruple Aim, a better benefit

Instead, consider pivoting away from the shortcomings of the fee-for-service healthcare model and offering a benefit that your workers will love. That benefit—direct primary care—begins with Marathon Health’s Quadruple Aim. 

The Quadruple Aim works like this: 

1. We support our healthcare providers with smaller patient panels, less admin time, and access to meaningful patient data; 

2. Which supports our patients with a more focused and personalized care experience at low to no copay; 

3. Which improves outcomes through better compliance, virtual and in-person support, and robust service offerings; 

4. Which reduces costs for both patients and clients through a preventive model that avoids downstream costs and traumatic health events 

This provider->patient->outcomes->costs cycle lies at the heart of the Marathon difference. It’s why we see strong engagement across our book of business that correlates to clinical outcomes, financial savings, and client retention.

Key benefits include:

• Health plan benefit design

• Client executive partnership

• Digital content and health toolkits

• Virtual and in-person events

• Direct 1:1 patient communication

• Analytics-driven messaging

Engagement improvements speak for their selves:

What’s more, 82% of workers with a Marathon health benefit reported improved health, and three in four said they have an improved opinion of their organization.

Why this matters more than ever

The Great Resignation has highlighted a growing dissatisfaction of organizations by their workers, and the impacts have been far-reaching. As Entrepreneur magazine noted, “[The Great Resignation] led to companies increasingly having open positions, which also caused disruptions in their daily operations...[while] remaining employees needed to compensate for the lack of manpower. Immense workloads drove employee burnout, affecting their overall performance and productivity. Businesses were forced to fill in vacant positions urgently. Mass hiring requires a bigger budget, and in most cases, the quality of the hiring process is compromised.” 

In order to retain top talent, organizations must reevaluate workers’ satisfaction, including reprioritizing benefits, balance, flexibility, and compensation. 

Lead the charge with a competitive solution

Stand out as an organization of choice and an advocate for better healthcare options while reducing costs for everyone.