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Attract and keep young workers with ‘Portable’ benefits

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in Employee Benefits Program,Hiring,Human Resources

Your organization’s youngest workers learned an important lesson about the workplace from their parents: You can’t count on keeping the same job for your whole career.

That realization dawned decades ago, when companies started laying off employees and replacing them with contractors and consultants who didn’t require benefits—or a long-term commitment. Now that commitment gap has widened to the point that today’s young employees don’t want to make a long-term commitment to their employers. They have no faith that companies will return the favor of loyalty.

So young employees come, and they go.

If you want your talented Gen Y employees to stick around, you’re going to have to change the way you look at employee benefits. Here are three things they want that might surprise you:

1. “Portable” benefits
An employee who expects to change jobs frequently wants benefits such as health insurance and retirement savings...(register to read more)

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