Experts esti­mate that by 2020, mil­len­ni­als will com­prise 35 per­cent of the total work­force. This study is an eye open­er for employ­ers who con­sid­er look­ing down on their mil­len­ni­al employ­ees and ignore their needs. Mil­len­ni­als are often con­sid­ered brash, irre­spon­si­ble, and rebel­lious. The demands of mil­len­ni­al employ­ees are often labeled as absurd and irra­tional. Thanks to the chang­ing work­force dynam­ics, the pre­con­ceived notions is no longer a valid argu­ment to ignore the needs that sev­er­al employ­ers have about their mil­len­ni­al employ­ees. The need of the hour for employ­ers is to build up the bridges with their mil­len­ni­al employees.

At Arrow Ben­e­fits Group, we help you exact­ly do that. We have a deep under­stand­ing of which employ­ee ben­e­fits work and which fall flat. We have helped sev­er­al employ­ee ben­e­fits admin­is­tra­tion teams in the San Fran­cis­co Coun­ty come up with agile and stream­lined strate­gies. You can help your mil­len­ni­al employ­ees main­tain work-life bal­ance by offer­ing employ­ee ben­e­fits. Let’s take a look at some of the benefits:

1. Flex­i­ble Work Hours
Accord­ing to a recent study, 77 per­cent of mil­lenials think that flex­i­ble work tim­ings can make the work place more pro­duc­tive. Many mil­lenials pre­fer flex­i­ble work hours over com­pen­sa­tion. A recent study shows that around 76 per­cent of mil­lenials won’t mind tak­ing a pay­cut of 3 per­cent or more to work with an employ­er offer­ing flex­i­ble work­ing hours. To make it appeal­ing for their mil­len­ni­al employ­ees, employ­ers must bury the 9–5 work cul­ture and look out for ways to cre­ate a flex­i­ble work environment.

2.Supplementary Ben­e­fits and Perks
You don’t need to have a plump bud­get to show­er posh ben­e­fits on your employ­ees. Even small ben­e­fits such as trans­porta­tion pass­es, insur­ance, meal vouch­ers, and employ­ee dis­counts can make a huge dif­fer­ence. Although the val­ue is small, these ben­e­fits make employ­ees feel more special.

3. Skill Devel­op­ment Assistance
Mil­len­ni­al employ­ees con­sid­er knowl­edge and skills as the two rungs of the lad­der to suc­cess. While many mil­lenials expect their employ­ees to help them with their high­er edu­ca­tion and some oth­ers want on-the job train­ing. You can fol­low sev­er­al strate­gies to train your mil­len­ni­al employ­ees. For instance, you can cre­ate two-mem­ber teams com­pris­ing of a millennial(apprentice) and an expe­ri­enced employee(mentor) to work on projects. You can also cross-train your mil­len­ni­al employ­ees by rotat­ing their roles at reg­u­lar inter­vals. Team up your mil­len­ni­al employ­ees with your best per­form­ers in order to cre­ate real learn­ing ambiance.

Mil­len­ni­als love work­ing with an orga­ni­za­tion that helps them to main­tain a healthy work-life bal­ance. As more mil­len­ni­als get into the work­force, employ­ers need to come up with inno­v­a­tive employ­ee ben­e­fit pro­grams that address their con­cerns. At Arrow Ben­e­fits Group, we under­stand how employ­ees think and can help you design a cus­tomiz­able employ­ee ben­e­fits admin­is­tra­tion plan in San Fran­cis­co Coun­ty. To know more con­tact us at 707–992-3780 and we’ll get back to you shortly.