Remember when all you expected to do with your phone was make calls? Now, you expect your smartphone to give you driving directions, recommend nearby restaurants, track your favorite politician's tweets, and take great selfies to boot.
Likewise, expectations for employee benefits have changed — especially for millennials and Gen Zers. Standard benefits, like medical and dental insurance and paid vacation, only scratch the surface of what younger employees care about today. Now, employers need to offer the same types of perks we've all come to expect from our smartphones: convenience, choice, connection and more.
That means flip-phone era benefits won't cut it if your clients want to recruit and retain top millennial and Gen Z talent. To attract the best of these generations, employers must upgrade employee benefits for the smartphone generation.
Convenience and immediacy
Over the past two decades, exponential technological advancement has radically changed every facet of how we work and play. We live in a world where you can binge-watch any show you want while ordering groceries and simultaneously tweeting about both. Millennials and Gen Zers expect benefits that conform to their lifestyle—quick, easy, painless.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.