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Benefits for Millennials

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Attracting and retaining Millennials is a pain-point many of us know all too well. Here are some tips on the types of benefits your company can provide in order to attract and retain top talent.

Published in: Recruiting & HR
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Benefits for Millennials

  1. 1. Every generation has unique characteristics that define how they’re viewed historically
  2. 2. Millennials are no different
  3. 3. Millennials are sometimes described as:
  4. 4. MULTITASKERS
  5. 5. TECHNOLOGY-OBSESSED
  6. 6. ANXIOUS
  7. 7. ENTITLED
  8. 8. But they are also…
  9. 9. CONNECTED
  10. 10. VOCAL
  11. 11. DRIVEN
  12. 12. DETERMINED
  13. 13. HARD-WORKING
  14. 14. TRANSPARENT
  15. 15. COLLABORATIVE
  16. 16. Each generation has a slew of labels slapped on them, but what it comes down to is recognizing that each generation is unique and brings different skills to the table.
  17. 17. Accurate or not, Millennials have a set of characteristics associated with their generation that can be viewed as positive or negative – it is up to your company to decide which way to spin it.
  18. 18. And it is critical for employers to understand the characteristics of Millennials in order to find ways to attract and retain them
  19. 19.  
  20. 20. For example, offering on-site doctors, haircuts, and even massages can increase employee’s productivity
  21. 21. However, not all of us can afford to provide these amenities, so work with what you have!
  22. 22. - Free tickets to local events - Free access to car services - Grocery shopping sprees - Intramural sport teams Some new and popular benefits include:
  23. 23. These extra perks can motivate your Millennials to work to the best of their abilities
  24. 24. While these fun and unique benefits do a good job attracting Millennials, don’t forget that they also rely on traditional health benefits like health and dental.
  25. 25. Remember, great benefits keep your turnover rate low and set your business apart from the rest of the pack!

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