Thinkstock
valueblocks.jpg

Study Examines What Millennials Value in the Workplace

April 11, 2017
For millennials, researchers are finding that a sufficient work-life balance isn’t the only thing they consider while searching for employment.

Millennials switch jobs an average of four times within the first decade out of college, according to social media platform LinkedIn.

While previous research has determined that work-life balance is at the top of what a millennial values, a new study from Fit Small Business indicates the other benefits that are important to them.

"When you're taking on a new hire, you are pitching your company to them as much as the candidate is pitching themselves to you,” says Christy Hopkins, human resources consultant at Fit Small Business. “This research lends itself to companies who are taking on millennials helping them to gain a greater understanding of what is the best way to get them on board.”

The study asked more than 600 Americans between the ages of 18 and 65 questions as “Which benefits are important to you,” and “What characteristics of your boss would make you consider changing your job,” to help determine how millennials prioritize workplace perks.

According to Fit Small Business, the results showed many of the preconceptions are not accurate.

For instance, millennials who participated were not interested in equity stakes in their company. About 34 percent of them selected healthcare as their top priority.

In addition, they were willing to travel for the perfect job. About 43 percent of participants answered that a longer commute was no issue for them.

Lastly, millennials take criticism better than other demographics, with only 17.6 percent indicating that a “mean boss” would make them consider searching for a new job. In contrast, 19.3 percent of those 35 and older said they would quit their job because of poor management, according to the survey results.

Sponsored Recommendations

Free Webinar: ISO 45001 – A Commitment to Occupational Health, Safety & Personal Wellness

May 30, 2024
Secure a safer and more productive workplace using proven Management Systems ISO 45001 and ISO 45003.

ISO 45003 – Psychological Health and Safety at Work

May 30, 2024
ISO 45003 offers a comprehensive framework to expand your existing occupational health and safety program, helping you mitigate psychosocial risks and promote overall employee...

DH Pace, national door and dock provider, reduces TRIR and claims with EHS solution

May 29, 2024
Find out how DH Pace moved from paper/email/excel to an EHS platform, changing their culture. They reduced TRIR from 4.8 to 1.46 and improved their ability to bid on and win contracts...

Case Study: Improve TRIR from 4+ to 1 with EHS Solution and Safety Training

May 29, 2024
Safety training and EHS solutions improve TRIR for Complete Mechanical Services, leading to increased business. Moving incidents, training, and other EHS procedures into the digital...

Voice your opinion!

To join the conversation, and become an exclusive member of EHS Today, create an account today!