Millennials — born between 1981 and 1996­ — have different priorities in the workplace than their predecessors. While money is desirable and a driving factor, having a life outside of work, freedom to work flexible hours, and an environment that fosters teamwork is equally important.

Work/life balance, particularly working remote and with a flexible work week, rates high when choosing and staying with a career, as does the ability to remain connected whether on-the-road, working from home, or in the office. And catering to these different demands will be paramount for companies who want to hire and retain millennial talent, which will soon be the dominant generation in the workforce.

According to Ernst & Young’s Global Generations Research survey of nearly 10,000 full-time employees across generations in eight countries including the US, millennials are more likely to take a pay decrease, move, or pass on a promotion to manage work/life demands better.