• Home
  • Blog
    • Business Partner Magazine Archive
  • Free Contests and Giveaways
  • Resources
  • About Us
    • Cookie Policy
    • Disclosure Policy
    • Privacy Policy
    • Terms of Website Use
  • Contacts

Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

  • Business Success
  • Marketing
  • Finance
  • Employees
  • Technology
  • Start-up
  • Productivity
  • Communication

Work Perks That Your Millennial Employees Will Appreciate

August 30, 2018 by BPM Team

Click here to get this post in PDF

Too long to read? Enter your email to download this post as a PDF. We will also send you our best business tips every 2 weeks in our newsletter. You can unsubscribe anytime.

Enter your NameEnter your Email Address
Work Perks That Your Millennial Employees Will Appreciate - Two men in office space playing ping pong

By the year 2020, millennials will make up around 50% of the global workforce, which is why in order for a business to attract and retain key talent from this group, you must know exactly what makes them tick.

What motivates this group of people is very different from the generations which came before them. Millennials are less focused on traditional work benefits like higher pay, pension schemes and company cars, favouring modern workplaces, development opportunities and healthy social life instead.

We examine the sorts of perks your business can introduce in order to effectively tap into this generation’s wants and needs.

Flexible, modern workplaces

Millennials describe a good work-life balance and flexibility amongst their top priorities when deciding where to work, which is why it’s important to create a modern, accessible workplace over a dull, rigid 9-5.

Flexible working hours, increased holiday allowances, and the ability to work from home, are all popular perks amongst millennials. Many progressive businesses are also now open to the idea of incorporating a BYOD policy, appealing to the tech-savviness of the younger generations.

Moreover, when it comes to kitting out your office, the more you think outside the box, the better. Open-plan offices, modern break-out areas, complete with high-quality commercial coffee machines bean bag seating and ping pong tables, are just a few examples of the simple ways you can modernise your workspace to appeal to the younger crowd.

Professional development

As a driven and ambitious group, another important workplace value that appeals to millennials is the opportunities they are given for professional development, such as employee training schemes, mentoring and budgets for higher qualifications.

As such, the businesses which actively encourage their younger talent to continue learning and improving their skillsets, will not only attract and retain people from this generation but will also reap the benefits from their professional development within the workforce.

Social life

Millennials are team-oriented, which, when coupled with their incentive of achieving a good work-life balance, means that adopting a company culture that inspires healthy employee relationships and active social life is important.

Introducing regular team building days and workplace socials will give your staff the opportunity to bond with their colleagues, helping to boost overall morale and support a happy workforce.

Health and well-being

Millennials are more health-conscious than their older counterparts and are, as a result, more willing to pursue activities that take care of their physical and mental wellbeing. Employers who demonstrate that they take the health of their staff seriously might, therefore, positively resonate with the younger crowd. Work perks such as gym membership discounts, cycle to work schemes and corporate wellness retreats are all great places to start.

Similarly, mental health awareness is on the rise and is now being discussed more than ever, particularly amongst the socially conscious millennial crowd. As such, now might be the perfect time to consider introducing workplace self-care schemes, like morning team yoga sessions or chill-out spaces within the office.

Do you have any top tips on how to effectively appeal to the millennial workforce? Comment below!

You may also like: Why Hiring an Apprentice Could Be the Boost Your Business Needs

Filed Under: Employees, Workplace Tagged With: employees, Professional development, workplace

Comments

  1. Alex says

    May 2, 2019 at 6:39 pm

    Love the content here. If anyone is looking for more information I’d highly recommend checking out FreeAxez’ website at https://freeaxez.com/?raisedfloor

Trackbacks

  1. 5 Budget-Friendly Ways to Keep Your Millennial Employees Happy - Business Partner Magazine says:
    January 31, 2020 at 2:21 pm

    […] You may also like: Work Perks That Your Millennial Employees Will Appreciate […]

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Disclosure

We earn commissions if you shop through the links on this page.

Recent Posts

  • Emergency Funds: How Quick Loans Can Save the Day in the Philippines
  • What Can You Do With An Education In Marketing
  • How Your Business Can Manage an Increase in Customer Demand
  • Used Toys & The Circular Economy – How Pre-Loved Toys Help Us Save Money & The Environment
  • Reasons to Hire a Corporate Attorney for Mergers and Acquisitions

Categories

Archives

Make Money Online – Free Course

  • Discover All The Shortcuts To Affiliate Marketing Success
  • Find Out How To Fill Your Site With New Leads And Customers
  • Discover How To Turn Your Passion Into Profits
  • Learn How To Write Copy That Gets Results Fast!
  • Discover How To Create Promote & Sell Your Own Products Online
  • Everything You Need To Know About Marketing Money Online
  • Strategies For Successful Web Entrepreneurs Inside
  • Discover How To Invest Smarter Grow Faster And Retire Rich
  • Email Marketing Strategies For Marketers And Entrepreneurs
  • Free training reveals how to build a successful six figure income online
  • Discover The Mindset Hacks You Need To Succeed
  • Free Marketing Memberships – Make Money Online

    Make money online free marketing memberships

    Tags

    Accounting apps bitcoin brand business growth business skills business success communication cryptocurrency Customer Service Data design Digital marketing ecommerce Efficiency employees Featured Article finance finances Health and Safety infographic insurance Investing investment legal legal tips Management Marketing marketing strategy Outsourcing productivity property Real estate sales security SEO Social Media software starting a business startup Technology Trading Training website workplace

    Disclosure

    We earn commissions if you shop through the links on this page.

    Digital Marketing Agency

    ReachMore Banner

    Business Partner Magazine

    Business Partner Magazine provides business tips for small business owners (SME). We are your business partner helping you on your road to business success.

    Have a look around the site to discover a wealth of business-focused content.

    Here’s to your business success!

    Copyright © 2023 - Business Partner Magazine·