This perspective has accelerated the move to open-office to attract talented, young workers, despite compelling research they lower face-to-face collaboration and are disliked by employees. Many companies align “unpleasant offices” with cubicles, old furniture, and other trappings of the traditional office. Other deal breakers include unpleasant offices (44.6%), inflexible work environments (28.8%), and poor work-life balance (28.2%).Ħ1% of Millennials prefer to work remotely, followed by private office as their most desirable office environment. One of Millennials biggest deal-breakers when it comes to selecting a job is a long commute. It is no surprise with medical debt keeping many Millennials from achieving life goals, 40% of Millennials cited health insurance as a most desired benefit - more than any other generation.Īs Millennials continue to age, good health insurance is likely to remain a priority in the job hunt.Ĥ5.2% of Millennials say a long commute would keep them from accepting a job. Millennials have the greatest amount of medical debt.Īccording to a study conducted by Health Affairs, Millennials have more medical debt than any other age group. Ultimately, to drawn in the majority of Millennial candidates, HR’s best tool is a strong portfolio of benefits that appeal to all workers. Overwhelmingly, survey respondents showed that bread and butter benefits like healthcare and 401(k)s are the most desired benefits of workers of all ages. There is a perception that Millennials are attracted to flashy benefits, such as free food, fun offices, and other atypical benefits. When surveyed, Millennial’s most desired benefits are healthcare (41%), remote work (31%), and 401k/retirement benefits (30%). However, a strong benefit package (consisting of benefits job seekers value) can make attracting talented workers easier. According to our survey, Millenials care much more about pay than the fact their office was missing a foosball table. What Millennials Want: Most Desirable Benefits, Deal Breakers, And Dream Office Environmentģ0% of Millennials left their last job due to pay.īenefits are no substitute for competitive pay when recruiting workers. Millennials experience more stress from organization and job changes than every other generationĢ0% of Millennials believe staying at a job for less than a year is acceptable, compared to only 14% of Gen Xġ-in-2 Millennials have quit their job for mental health, including anxiety. Millennials leave jobs sooner than desired due to poor pay and lack of advancement opportunities Millennials rely heavily on job sites for job hunting, but rely on social media more than any generation other than Gen ZĦ2% of Millennials would consider turning down a job offer after an unwelcoming interview Millennials are more likely than any other generation to turn down a job offer due to poor PTOĦ1% of Millennials believe “good PTO” is more than 2 weeks Millennial workers are most likely to turn down a job due to a long commute, unpleasant office, or inflexible work environmentĢ8% of Millennials say poor work-life-balance is a deal breaker when it comes to accepting a job Only 13% of Millennials say they prefer to work in cubicles Millennials desire health insurance more than any other generationĦ1% of Millennials prefer to work remotely, rather than in traditional office spaces Millennials three most desired benefits are health insurance (41%), remote work (31%), and 401k/retirement benefits (30%) 2020 Millennial Job Seeker Report: A Generation That Wants More, But Settles For Less Key Findings on Millennials in the Workplace:
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