Businesses must recognise relevance of employee benefits
Wednesday, 27 June 2012
Businesses need to recognise that the
employee benefits offered to younger members of their workforce need to be relevant, it has been claimed.
Deloitte partner Mark Groom has told Workplace Savings and Benefits that the majority of young staff do not want to consider retirement or healthcare because they tend to be fit and healthy.
"They want to have a good time, go off on holiday, not work too hard, and get their work/life balance right. Employers have to recognise that they have a completely different set of values to older generations," Mr Groom continued.
He added that young workers are searching for perks that can increase their flexibility and "beef up" the return they get for their work.
Businesses should realise that different types of workers will want contrasting perks.
If they cater their benefits to the individual needs of staff, it could lead to improved morale and motivation.
