North America Millennial Pay-for-Perks Survey

The North America Millennial Pay-for-Perks Survey presents how companies are offering, or are considering offering, specific benefits and perks that have been identified as effective attraction and retention incentives for Millenials and Post-Millenials (individuals between 18-34 years old)

Are you curious to see how many of your competitors provide free breakfast or lunch for their employees? What about a company car, group retreats, or business kegerator? These are some of the many benefits and perks gathered in this survey that organizations in the US and Canada are implementing to attract this younger workforce.

This new survey will help you benchmark your benefits solutions so that you can support your total rewards strategy, while considering the business goals of employee attraction, retention, and productivity.

 

This survey collects data for 63 benefits options, gathered from five perks families, including:

  • Comfort
  • Social
  • Personal
  • Amenity
  • Culture
Data Collected

Comfort

  • Chair massages
  • Community Kegerator
  • Free snacks
  • comfort/ privacy rooms
  • Free breakfast and/or lunch every day
  • Paid weekend vacation
  • Sporting event tickets
  • "Employee of the Month" parking space
  • Use of Company car
  • Paid fitness/ gym memberships
  • Office personalization stipend
  • Continuing education or training stipend
  • Tuition reimbursement
  • Housing financial assistance
  • Break area activities (i.e. TV, games, etc.)
  • Standing workstation

Social

  • Employee sports teams
  • Book/ Literature clubs
  • Sponsoship of hobby and activity groups
  • Philanthropic giving programs, including employer contribution match
  • Organized community service efforts
  • Paid leave for volunteering
  • Regularly sponsored networking opportunities
  • Group retreats
  • Kiosk for CDs, DVDs and books for communal sharing
  • Participation in Corporate Challenges (races, basketball games, "escape" challenges, etc.)

Personal

  • Flex hours
  • Telecommuting
  • Clearly defined working hours
  • At work child care
  • Relaxed dress code
  • Healthy lifestyle rewards (i.e. $500 a year for maintaining healthy lifestyle)
  • Summer hours
  • Flexible holidays
  • Paid birthday leave
  • Tolerance of fashion hair colors, tattoos, and/or piercings
  • Tolerance of facial hair
  • Maternity/Paternity/Parental Leave

Amenity

  • Personal postage / shipping
  • Technology discounts
  • Travel discounts
  • Local businesses discounts
  • On-site dry cleaning
  • On-site fitness facilities
  • Use of company equipment for personal achievement
  • Personal cellphone stipend
  • Bike sharing memberships (big cities)
  • Wearable Wellness (Fitbits)
  • Worksite fitness classes (In-Office Yoga and Zumba)
  • Pet Cloud Technology (monitor via web)
  • Pet GPS tracking - real-time movement

Culture

  • Freedom to be creative, take initiative
  • Opportunity for one-on-one time with company executives
  • Lunch with a company executive on your birthday
  • Regular feedback surveys
  • Transparency and open dialougue regarding company inititatives
  • Respectful sharing of ideas and opinions
  • Leadership Mentoring
  • Consistent and transperant feedback
  • Emphasis on "start-up" mentality
  • Transperancy in the decision-making processes
  • Personal time for projects outside of the organization
  • Challenging and rewarding work
 



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