In today's job market, young talent is seeking more than just a paycheck. They want to feel part of something bigger and contribute to a positive work environment. Employers have realised that offering innovative benefits is key to attracting and retaining top talent.
One of the benefits that employers are offering is flexibility in terms of office/home days. This allows employees to have greater control over their work-life balance, which is increasingly important to young professionals. Work-from-home options are also becoming crucial, especially for students who may need to balance schoolwork and a part-time job.
In addition to flexibility, employers are prioritising employee wellness benefits. While medical coverage and annual leave are still important, companies are recognising the importance of mental health and offering benefits like gym memberships and counselling services. By prioritising employee wellness, companies are showing that they value their employees as people, not just as workers.
For students, feeling included in the team and connected with superiors is just as important as gaining experience in their field. Autonomy, innovation, and sustainability are also priorities for many young professionals. Employers who provide a positive work culture, project choice, and work flexibility are attractive to interns.
Overall, it's clear that employers are going the extra mile to attract and retain top talent. By offering innovative benefits and prioritising employee wellness, companies are making a long-term investment in their success. Young professionals are looking for more than just a job - they want to be part of a positive work environment that values their contributions and well-being. By offering these benefits, companies can attract and retain the best talent and build a robust and sustainable workforce.
This article was written with insights based on discussions that took place during the Bloomberg & GradConnection Campus Recruitment Round Table Event on 9 March 2023. If you are interested in finding out more about this topic please reach out to your account manager Bonnie Chan ([email protected]) or Robert Muresan ([email protected])