Employers of millennials had best be prepared to provide their young employees with financial planning tools and advice — and they should pay them well enough so they don't worry about their finances.
That's what MetLife's 2016 U.S. Employee Benefit Trends Study found when it polled more than 2,000 decision makers and employees to find out what benefits practices were in place and what expectations were held regarding those benefits by the recipients.
Three-quarters of millennials answered "yes" to the question, "Does your employer have a responsibility for your financial well-being?" Comparatively, 62 percent of all responded "yes" to the question.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
