Inside millennials minds: 6 ways to attract, retain
September 9, 2015 12:18 PM
Over the next five years, millennials are expected to begin taking on the majority (70%) of managerial roles in the American workforce, according to a recent survey by Staples Advantage. And as their presence grows, so too will benefits expectations. Here are six nontraditional perks that appeal to this up-and-coming generational powerhouse.
[Image: Fotolia]
[Image: Fotolia]
Salary
Contrary to the popular belief that salary doesn't matter as much to millennials as other benefits, close to a third of those surveyed by Staples Advantage (29%) report higher salary as the leading contributor to employer loyalty, compared to 20% of the broader population.
[Image: Fotolia]
[Image: Fotolia]
Flexibility
More than half of millennials report they continue to work from home even after the standard workday is finished. Millennials say more workplace flexibility would improve their happiness (49%) and their productivity (59%), the study notes.
[Image: Fotolia]
[Image: Fotolia]
Culture
More and more, a strong culture is proving to be an anchoring tool to keep the best employees. Perks such as an on-site gym, a well-stocked break room and free lunches are valuable to millennials. One in five define a good work culture as a place that offers incentives and perks, and 46% say more office perks would improve their happiness.
[Image: Fotolia]
[Image: Fotolia]
Environmentalists
Eco-friendly practices in the workplace can provide benefits not only for the environment, but for recruiting millennials as well. When making an employment decision, half of all millennials say an eco-friendly company is important, compared to only 35% of the broader workforce.
[Image: Fotolia]
[Image: Fotolia]
Encouraged breaks
Over a third of millennials say they feel like they can't take a break, citing guilt, compared to only 22% of all employees. However, over half of millennials (62%) say having a break time to refresh would increase their productivity.
[Image: Fotolia]
[Image: Fotolia]
Trust
Millennials that are not expecting to change jobs note that trust in leadership and trust in their direct boss contributes to their loyalty. In addition, one in five millennials report that their direct boss motivates them to do their best work, and over a third (35%) note that strong leadership defines a good work culture.
[Image: Fotolia]
[Image: Fotolia]
