The U.S. added 211,000 jobs in April, dropping the unemployment rate to only 4.4%, the lowest level since May of 2007. That means hiring will be more difficult and turnover more costly, since practices will be struggling to fill vacant positions. As a result, attracting and retaining your top performing employees is more important than ever.

Practices will have to get creative to attract and retain the best employees. Undoubtedly, practices will be paying more, with wages expected to rise almost 3% this year, up from 2.5% in 2015.

Growing Appreciation of Benefits

Yet surprisingly, most employees now value benefits more than a pay raise. A recent survey by Glassdoor revealed that 80% of workers...