Pentegra Releases Millennial Benefit Trends Report
According to
The report includes advice from HR pros for millennials about the job interview process, as well as guidance from millennials themselves for handling benefits questions at a job interview. Examples from millennials in the report: "Do your homework on benefits, know what benefits are being offered and make sure you understand what is being offered." "Negotiate benefits! They are almost always more flexible than they make it seem." "If insurance options are really confusing to you, seek help!"
Rausser says, "The HR pros in the report have great advice, but hearing millennials share their advice from their own experiences for others to learn is very encouraging."
Report highlights include:
- Millennials rated five general benefits categories in order of importance: 401(k) retirement savings outpaced the others, with 38.98% rating it extremely important. Tying for runner-up were health insurance and pension plans.
- Over half – 53.85% – of HR respondents said they had noticed an increase in millennial job-seekers asking specifically about benefits. Typically, those discussions took place during the interview process (46.15%) or when offered the position (38.46%).
- HR pros report that telecommuting and flex-time are important benefits for this generation and state that companies are becoming more accommodating on that front.
- While HR respondents said that health insurance was a top benefit that millennial job seekers ask about, they also said that millennials are not particularly savvy when it comes to signing up for coverage.
For the full report click HERE.
Pentegra is a leading provider of retirement planning and fiduciary outsourcing solutions to organizations nationwide. Founded by the
Media Contact:
View original content with multimedia:http://www.prnewswire.com/news-releases/pentegra-releases-millennial-benefit-trends-report-300589257.html
SOURCE Pentegra Retirement Services
Democrats Eager To Make Health Care A Key Campaign Topic
Blueprint Healthcare Real Estate Advisors Names Torey Riso President & Chief Executive Officer
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News