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GEN Z: PAID TIME OFF IS MOST IMPORTANT WHEN CHOOSING A NEW JOB

Alexis Kayser (Email) - Wednesday, June 14th, 2023
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It has been established that Generation Z values flexibility in the workplace
more than previous generations, but new research shows just what kind of freedom
they value most — and indicates that they prioritize it over health insurance. 

Paid time off is the most important benefit when choosing one employer over
another, according to the recent "Young adults and workplace wellness" report
from Bank of America and Georgetown University's McDonough School of Business in
Washington, D.C. The survey fielded Jan. 30 through Feb. 10 asked 1,032
full-time employed respondents between the ages of 24 and 35 about their
workplace attitudes and priorities. 

These benefits are most likely to influence Gen Zers and millennials changing
jobs to choose one employer over another, according to the survey: 

1. PTO — 65 percent of respondents

2. Flexible work schedule —  58 percent

3. Health insurance — 53 percent 

4. Retirement savings plan — 46 percent 

Young adults know what they want, but they do not feel like they have it; only
30 percent are very satisfied with their current benefits package, the survey
indicated.

Subscribe to the following topics: health
insurancesurveyworkplacemillennialsflexibility
Latest articles on Workforce:
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