A cafeteria plan is an employer-sponsored program that lets employees choose between cash wages and qualified benefits paid before taxes. Section 125 of the Internal Revenue Code sets two conditions: every participant must be an employee, and each must be able to pick among two or more options made up of cash and qualified benefits.
Experience and instinct can help leaders recognize when something feels off. But instinct alone can’t show the full picture. Workforce data can help leaders identify issues before they become larger problems and make more informed decisions about where their teams need support, before top talent walks out the door.
Construction has one of the highest employee turnover rates of any major industry, and the resulting productivity losses hit project timelines directly, but the number itself gets misused constantly. Many construction companies still rely on a single blended figure that hides where the real problem sits
