Incentives millennial leaders want

With more millennials moving into the C suite, organizations in every sector must adjust their executive recruitment strategies and adopt unique incentives to entice these ascendant young leaders.

As with most things involving professionals from this unique generation, this is often easier said than done. Fortunately, there are some tried-and-true perks with the potential to turn the heads of millennial job seekers.

If you're looking to bring on young talent, consider looking into these key incentives:

The latest technology
Millennials are digital natives, meaning most grew up with complex technology and have integrated it into their daily lives. You should take this into consideration when recruiting them and offer tech-based perks to fit their innovative lifestyles, the Society For Human Resource Management suggested.

Of course, this doesn't mean you need to hand out tablets or go completely paperless. Review your internal systems to see if you can adopt more streamlined digital productivity platforms. Additionally, when selecting health benefits, look into unique web-based tools like telemedicine solutions or fitness trackers.

The latter are particularly popular among millennials – an estimated 65 percent of this group believe these devices and the service they provide are important, according to recent survey data from the U.K.-based research firm Loudhouse and the wellness company TechnoGym.

Millennial leaders gravitate toward companies that prioritize technology.Millennial leaders gravitate toward companies that prioritize technology.

Family-friendly policies
Millennials are more likely to have working partners than Baby Boomers and Generation Xers, the professional services firm Ernst and Young discovered. As a result, most expect employers to implement family-friendly policies that will allow them to spend time with their significant others. 

With this in mind, roll out workplace codes that prioritize work-life balance. Consider introducing a work-from-home option, or look into expanding your parental leave programs to account for future offspring.

When it comes time to pinpoint young business leaders, reach out to a retained executive search firm like YES Partners. Our executive search consultants can connect you to capable millennial talent with the executive experience and youthful fervor to take your organization to new heights.

To see some of the roles we have already successfully placed, click here.

Finding people is easy, but finding the RIGHT people is not. YES Partners helps companies FIND the right people for all company functions, across many industries.

  • Facebook
  • Twitter
  • Google Plus
  • LinkedIN
  • Pinterest
Tagged in
Leave a reply

© 2017 YES Partners, Inc.