What benefits do young employees value most?

Five Job Benefits Millennials Actually Care About

• Flexibility, Flexibility, Flexibility. 97\% of employees want flexibility.
• Financial Wellness Benefits.
• Job Training and Development Benefits.
• Wellness Programs.
• Adulting Benefits.

Are employee benefit Plans valuable?

Offering benefits to your employees is important because it shows them you are invested in not only their overall health, but their future. A solid employee benefits package can help to attract and retain talent. Benefits can help you differentiate your business from competitors.

Do employers have to offer the same benefits to all employees?

There are no federal laws requiring plans to provide the same benefit coverage to all employees. Thus, generally employers have discretion when structuring their benefits plans and are able to make distinctions among employee populations regarding access to and the level of benefits offered.

What do millennials need to consider to get the compensation and benefits package they want?

Here are three perks to include in a compensation package, and big surprise: it isn’t free food or beanbags.

• 401(k) Plan With Matching Benefits. Their retirement and savings plans aren’t just for them.
• Financial Counseling. According to the data, Gen Z and Millennials don’t know how to financially plan.
• Tuition Support.

Which working benefits do millennials value most?

Here’s a look into the most important benefits for millennials.

• Flexible work schedule.
• Healthcare plans.
• Student loan repayment assistance.
• A great company culture.

What is the number one benefit employees want?

It comes as no surprise that the number one most valued benefit by employees is health, dental, and vision insurance. Unfortunately, health insurance is also the most expensive benefit to offer, averaging around $6,435 per employee with individual coverage, and $18,142 for family coverage.