The unemployment rate is low, labor shortages have emerged in many areas, and skilled workers are in high demand. Employers can’t afford to neglect millennials, the largest living generation in the U.S. With more than 75 million members, millennials (who currently range in age between 17 and 37) are expected to be the workforce's largest generation by 2020.
Born between 1980 and 2000, millennials grew up during a time of unprecedented technological and global change. Contrary to popular opinion, the majority of millennials prefer full time work at a company rather than independent freelance work. Research also shows millennials have unique values and financial concerns that impact their work decisions. Want to attract and keep the best and brightest millennials? Keep reading to learn why money-saving work perks may be particularly tempting to the millennial generation and which perks are likely to appeal to everyone in the workforce.