Generation Z (or Gen Z) is often forgotten about in the workplace. They are confused for Millenials, the younger side of which are in their 20s, and instead mistaken for children below the working age. However, older members of Gen Z are present in the workplace.
Now in their mid-20s, you’ll find that they are taking a stand and trying to change the atmosphere in the workplace for the better. When hiring these young and upcoming employees, what are the kind of benefits that you can offer them?
Many people claim that Gen Z comes to the workplace with short-term goals and high expectations – that they feel entitled to more than they are worth. The truth is, they have long-term goals and we should all have higher expectations. Gen Z is looking for a workplace that will treat them well and offer them the benefits they deserve in exchange for hard work.
What to Offer Generation Z
When looking at employee benefits for Generation Z, there are so many places to start. Health insurance is an absolute must. Workers of all ages are concerned about their health and knowing they are covered if something happens brings great peace of mind.
Sometimes, simple things can make a big difference as well. A day off on your birthday, having free hot drinks available at the workplace, and flexible hours that work with their life to create a better work-life balance so that they aren’t overwhelmed all the time.
Paid volunteering has also become popular among younger millennials and members of Gen Z that are in the workplace. They have the opportunity to give back to the community without having to take unpaid leave from work, allowing for a better balance in their lives.
Professional development opportunities are also critical for their progression and success. It helps them to learn more about the company, the line of work, and to pursue new career goals so that they are able to aspire to greater things.
What’s the Point?
Employee benefits are essential for a variety of reasons, but most of all it is about employee retention and ensuring that you are creating a safe and stable environment for them to work in. Here are some of the key reasons why you should offer Gen Z employee benefits:
- It improves employee morale
- It increases productivity and motivation
- It creates a better workplace environment and culture
- It improves employee engagement
- It reduces the number of absences
- It increases staff retention and reduces staff turnover
- It leads to employees who are happier and harder working
Gen Z is not to be underestimated. Their young and fresh perspective is changing the way we work for the better. They are smart, talented, and have so many ideas that can improve the face of business. They don’t ask for much in the big scheme of things, so why not offer them great benefits when they join your company?