7 Most Wanted Work Benefits to Attract Millennials.
- 1. Learning and career development. Millennials are at the earlier stages of their journey, where they want to learn and grow as much as possible, ...
- 2. Social and off-site events.
- 3. Flexible working hours.
- 4. Student loan repayment assistance.
- 5. More holiday time-off.
- Debt Repayment. As one of the most debt-saddled generations since experts began tracking such things, millennials shoulder a huge financial. ...
- Opportunities for Advancement. ...
- Affordable Health Care. ...
- Work Life Balance. ...
- Workplace Collaboration.
What are millennials really looking for in a job?
Story Highlights
- Millennials most likely generation to switch jobs
- Six in 10 millennials are open to new job opportunities
- Millennials are the least engaged generation in the workplace
What do employers really want from millennials?
What do Millennials really want?
- Desire for career progression. A recent study by professional recruitment consultancy Robert Walters found that the prospect of career progression is something that really makes a Millennial professional tick. ...
- Millennials are social beings. ...
- Commitment to CSR and organisational ethics. ...
What are the best careers for millennials?
Top jobs for Millennials
- Web developer. Top cities hiring: New York City, Atlanta, San Francisco, Chicago, Washington, D.C. ...
- Dental hygienist. Find dental hygienist jobs on Monster.
- Software developer. ...
- Computer systems analyst. ...
- Mechanical engineer. ...
- Interpreter and translator. ...
- Radiation therapist. ...
- Insurance sales agent. ...
- Cartographer. ...
- Massage therapist. ...
What do you need to know about hiring millennials?
Millennials heavily research a company before accepting a job, so a focus on employer branding is just one of the many changes your organization needs to make if you want to attract millennials. Akansha Agrawal article, “What You Need to Know to Hire Millennials”, provides insights on millennial’s job hunting habits as well as the perks ...
What do millennials want most in a job?
By analyzing confidential employee surveys, Great Place to Work® has found what millennials want in the workplace right now. More than any other generation, they're seeking equity, transparency, flexibility and purpose. And they're not afraid to quit if an employer doesn't meet their needs.
What are the benefits of millennials?
As previous generations begin to retire, that number will only increase.They're Highly Educated. The Millennial generation is a highly educated one. ... They're Trainable. Younger employees are, compared to older employees, more trainable. ... They Bring New Perspectives. ... They Embrace Technology. ... They're Loyal.
What millennials want in the workplace 2020?
Gen Z and younger millennials want leaders who support a diverse and inclusive workplace. Younger generations grew up in a world that was far more diverse than previous generations. They demand respect, equity and inclusion -- and they are voting with their consumer and employment choices.
What strengths do millennials bring to the workplace?
Millennials strengthsTech-savvy. It is in Millennials' nature to understand technology. ... Collaborative. Millennials' desire to connect drives them into workplaces that encourage teamwork. ... Innovative. ... Connected. ... Resourceful. ... Innovations. ... Higher productivity. ... Recruiting through their network.More items...
What kinds of benefits should employers provide to meet the needs of Gen Z and millennials?
Financial tools, training, and opportunities Reports say that good health insurance policies and 401k plans are top of Gen Z's top benefits list. To increase your chances of hiring, consider offering comprehensive health plans and other types of financial resources.
What are millennials looking for in a job?
Having a strong company brand and culture helps attract millennials and will keep them engaged. A job that helps cultivate, develop, and grow skillset drives this generation. Millennials are more apt to accept a job that they don't necessarily like if they believe it will allow them to enhance their skills.
How do you motivate millennials in the workforce?
Here are their top tips.Prioritize Transparency: Be Honest and Open with Millennial Employees. ... Flexibility Is a Perk Sure to Motivate Millennials. ... Set out Clear Paths for Millennials' Career Progression. ... Hold Regular Performance Discussions. ... Motivate with Time Off. ... Encourage a Sense of Teamwork.More items...•
What millennials care about?
What Do Millennials Care About? 11 Things to Highlight in Your Digital Marketing StrategyExperiences. Millennials want to experience something genuine and incredible. ... Values. ... Purpose. ... Budget-friendliness. ... Keeping Up With Their Connections. ... Having Choices. ... Eco-friendliness. ... Diversity and Equality.More items...
Learning and Career Development
- Millennials are at the earlier stages of their journey, where they want to learn and grow as much as possible, which is why training and career development is a top desire when seeking a new job. By implementing training programs, mentorships, and team building courses, with the scope for pro…
Flexible Working Hours
- Millennials value the control over their daily life. The rigid constraints of 9-5 doesn’t resonate as well with a generation who champion freedom and individualism. Allowing flexible working times gives employees the ownership of their own time and schedule, offering the choice to avoid mundane commutes during peak hours that add to the daily, banal, run of the mill routine. It als…
Student Loan Repayment Assistance
- With soaring student fees, and thousands of young people saddled with student debt, it’s no surprise that student loan repayment assistance is a hot benefit. To attract millennials some companies are offering to reduce student debt quicker, and unsurprisingly millennials are lured to the call. According to the American Student Assistance survey, 76% revealed that student debt a…
More Holiday Time-Off
- Millennials in particular have a zest for adventure, and as such they value a healthy work-life balance. Offering a good amount of time off to allow employees to pursue their own hobbies and adventures will appeal to the younger generation. Most companies have a set number of paid holidays, but you can remain competitive by offering a more generous holiday allowance, or eve…
The Ping-Pong Table
- So not necessarily a ping-pong table per se, but the ping-pong table epitomises how fun spaces have taken over rigid, conventional business environments, which is important to young people – It’s about work-life integration. Millennials want to work in a positive social environment that blends the professional with the personal. A space that encourages movement, flexibility, and b…
Health and Well-Being Support
- Healthy employees are happy employees, regardless of age. However millennials in particular are a more health conscious generation, as they place an increasing interest in preventative health measures. Free or subsidised gym membership are the most common health perk, but some companies go further to offer health insurance, paid fitness classes, or even hand out healthcar…