Benefits Think How advisers can better support the financial needs of working women

Published 5 Min Read

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Fallout from the Great Resignation, or Great Reshuffle if you prefer, continues to be felt, with the most recent data showing that more than 4 million Americans quit their jobs in December. That capped a historic year wherein a record 47.4 million of us headed for the exits.

By a number of accounts, women appear to be leading the charge. A recent survey that Betterment’s 401(k) business conducted found that female employees were almost twice as likely as men to have quit their job in the past 12 months. Not only is it frustrating and bad for morale for businesses to lose employees, it also can have an impact on their bottom line. The Society for Human Resource Management found that it costs companies an average of six to nine months of an employee’s salary to replace them.

Kristen Carlisle
General Manager

Kristen Carlisle is general manager at Betterment at Work.


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