{"id":20877,"date":"2018-11-26T14:15:00","date_gmt":"2018-11-26T14:15:00","guid":{"rendered":"https:\/\/benefex-dev.local\/en\/2018\/11\/26\/top-5-employee-benefits-for-millennials-in-the-workplace-tech-sector\/"},"modified":"2018-11-26T14:15:00","modified_gmt":"2018-11-26T14:15:00","slug":"top-5-employee-benefits-for-millennials-in-the-workplace-tech-sector","status":"publish","type":"post","link":"https:\/\/benifex.com\/en\/top-5-employee-benefits-for-millennials-in-the-workplace-tech-sector\/","title":{"rendered":"Top 5 employee benefits for millennials in the workplace"},"content":{"rendered":"

Want to attract and recruit today\u2019s tech graduates? Then, it\u2019s imperative to offer flexibility and an attractive benefits package exciting enough to attract the attention of millennials and Generation Z.<\/span><\/h2>\n

<\/p>\n

So, what do millennials want in the workplace?<\/span><\/h3>\n

At Benify, we recently conducted a survey to find out the top employee benefits for recent IT graduates. To do this, we interviewed hundreds of tech graduates and undergraduates and asked them which workplace perks they ranked as most important.<\/p>\n

Can benefits help to attract and recruit IT professionals?<\/h3>\n

Tech graduates pose a huge challenge for today\u2019s talent managers and recruiters with one of the biggest challenges being able to find out what they want.<\/p>\n

Today\u2019s graduates belong to a demographic which includes qualified and highly skilled professionals such as engineers, analysts, developers, and programmers. Their unique nature can make knowing what they want hard to predict especially when it comes to employee compensation and benefits.<\/p>\n

Why is it so difficult to recruit graduates and millennials in the tech sector?<\/h3>\n

In the 2017 Tech Nation survey (Tech City), over half of the UK\u2019s tech companies revealed that they were experiencing a shortage of highly skilled employees.<\/p>\n

This shortage of skilled employees is not restricted to just tech companies; this shortage appears to extend to all industries. As shown in the 2018 Harvey Nash\/KPMG CIO Survey, many organisations are falling short when it comes to finding employees with internal cybersecurity and data science skills.<\/p>\n

Last year\u2019s GDPR appears to have also highlighted this increased demand for professionals specializing in cybersecurity and data protection. This can also be attributed to a growing dependency on cloud computing across most of today\u2019s workplaces. According to Microsoft UK, as many as 96% of today\u2019s enterprises now use some form of cloud technology.<\/p>\n

So, what are the top employee benefits for today\u2019s IT graduates and millennials?<\/h3>\n

The 5th most popular benefit for millennials is the office dog<\/em><\/h3>\n

Who would have thought that bringing the dog to work would be rank so high on the wish list for millennials? Forget ping pong tables, having a pet-friendly workplace is one of the best ways to attract millennials and man’s best friend may yet be the answer how you can build a strong employer brand and attract younger talent. Consider implementing an office doggy daycare booking system within your benefits portal.<\/p>\n

At number 4 is the home office<\/em><\/h3>\n

Being allowed to work from home requires both confidence and trust between the employer and the employee, and if this exists (along with discipline from the employee), the home office has many advantages. One thing is for sure is that it\u2019s clear that modern employers seeking to attract millennials must be willing to embrace the working-from-home option.<\/p>\n

Technology has also made it easier for employers to allow employees to work from home and research shows that home working can increase productivity and reduce business overheads.<\/p>\n

As an employee, in addition to the luxury of not having to brush your hair in the morning, working from home offers you the ability to work in peace, without disruptions or distractions, which is especially valuable when working on focus-intensive tasks such as Excel sheets.<\/p>\n

\"popular<\/p>\n

Coming in at number 3 is the freedom to roam…and return<\/em><\/h4>\n

A sabbatical year or long leave of absence is third on the wish list of what millennials want from their employer. Millennials don\u2019t want to wait until they retire to travel and many employees today reach a dilemma where they want to take a \u201ctimeout\u201d to travel and discover both their inner and outer worlds, but they don\u2019t necessarily want to leave their current place of employment.<\/p>\n

As stated in an article in Fortune<\/a>, \u201cemployers need to create business models that support their employees\u2019 desire to take time off, have a positive work-life balance, or work longer and retire later.\u201d<\/p>\n

It may seem ironic but the best way to retain talent is to offer them the freedom to go\u2026and then return.<\/p>\n

At number 2 is the ongoing development and the thirst for knowledge<\/em><\/h4>\n

Millennials have an unquenchable thirst for knowledge and a desire to constantly learn and develop both personally and professionally. They want to be coached by mentors and offered further education and development in the form of workshops and seminars. So, why not take advantage of Benify’s benefits platform<\/a> and enable employees to enroll in employer-approved courses or workshops?<\/p>\n

The number 1 for millennials is…flexible working hours<\/em><\/h4>\n

If there\u2019s just one benefit millennials desire more than anything else, it\u2019s flexible working hours. As the line between work time and free time becomes more blurred, it\u2019s important to offer younger generations the ability to work flexible hours and work hours that suit their lifestyle.<\/p>\n

From the employer\u2019s perspective, it\u2019s, of course, important to have frameworks in place so that the flexibility offered is not misused. Once the framework is established, flexible working hours will lead to happier, more engaged employees, which means better results for the company. It\u2019s a win-win situation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Want to attract and recruit today\u2019s tech graduates? Then, it\u2019s imperative to offer flexibility and an attractive benefits package exciting enough to attract the attention of millennials and Generation Z.<\/p>\n","protected":false},"author":17,"featured_media":20878,"comment_status":"closed","ping_status":"open","sticky":false,"template":"tpl.news-post.php","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[728,724],"tags":[732,726],"class_list":["post-20877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-benefits","category-employee-experience","tag-employee-benefits","tag-employee-experience"],"acf":[],"yoast_head":"\nTop 5 Employee Benefits for Millennials in The Workplace |\u00a0Benify<\/title>\n<meta name=\"description\" content=\"Want to attract and recruit today\u2019s tech graduates? 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