COMPANY CULTURE / FEB. 09, 2016
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5 Company Perks That Attract Millennials

Millennials are now the largest generation in the workforce, this fact is not lost on employers who wish to see their business succeed. 53 percent of employers out there have said that finding and retaining millennials is difficult. Employers are not in the wrong as 58 percent of millennials expect to leave their jobs in three years or less.

See Also: 4 Skills Essential for Millennials in 2015

Attracting millennials to your company is not an easy task. A good compensation package is simply not enough to attract the best talent. And if you are a business owner determined to see their business succeed you need to attract millennial talent to your company. Millennials are a generation determined to solve any problem presented to them, and in the workplace this comes in handy. Millennials will use technology you may have never heard before to solve the problem presented to them, and if the technology is not good enough, they’ll come up with something new.

But the problem is that in order to get the most out of these creative individuals you need to get them to your company. So, how do you attract millennial talent? Well, you offer them cool perks.

1. Build a Community

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Millennials are not a generation interested in working for faceless corporations. They need to feel like they are part of a community; it suits their entrepreneurial hippie spirit. So, make sure that you build a company where people are encouraged to interact with each other and where they are allowed to be themselves. Don’t shut millennials in grey cubicles and restrict their liberties at work, because they’ll hop right out of there. Simply make them feel like they are part of a greater community that’s working to make a positive impact on the world.

2. Flexible Work Hours

The new generation is saying its farewells to the traditional 9 to 5. Flexible work schedules allow people to effectively manage both their work lives and their after-work lives, but employers are failing to understand this millennial need; it’s actually been reported that only 6 percent of job ads offer this perk. It’s a no brainer, if you want to attract millennials offer them flexible work schedules.

3. Remote Working

Another perk that will make your business what honey is to bees is the possibility to work remotely. 50 percent of workers support that they are more productive when they are working from home rather than at the office. But what is a truly surprising number is that only 14 percent of the workforce believes that the office is the ideal location to complete important tasks.

If you feel uncomfortable with remote working on a full-time basis, millennials will still see occasional remote working as a perk, so consider allowing your employees to work for a fixed number of days remotely. This provision in their contract will make millennials never want to leave you.

4. On-Site Fitness Facilities

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Never before was a generation so determined to be healthy. So, while millennials appreciate the importance of exercising, they don’t have many opportunities to do that. Millennials are not afraid to clock in long hours if they believe that their work will benefit from that, but this leaves them with limited time to go to the gym. By offering millennials the opportunity to do their work out before, during or after work you’re basically claiming them for life.

5. Support Further Education

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While you can use a myriad of lifestyle perks to attract millennials: free breakfast, limited work hours during the summer or paid days off on their birthdays, there’s one thing that’s certain to get them in your boat: supporting further education. Most millennials want to continue learning after college, but they rarely have the time or the means to continue their education. If you are an employer interested in the improvement of their employees and their work, supporting continuing education may also benefit you. 75 percent of employers who offer this perk find it to be a valuable investment.

See Also: Gen Z vs. Millennials: Differences in the Workplace [Infographic]

Millennials are often labeled lazy and entitled, but the truth is that they are simply innovative in all aspects of their lives and they want their work to be accommodating to their nature.

Are you a millennial? What other perks would you like to see on this list? Share with us in the comment section below.

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