Benefits and Compensation, Recruiting

Family/lifestyle benefits make greatest impact on Millennial Retention

While salary is important when considering a new job offer or whether to stay with a current employer, according to a Care.com Workplace Solutions Better Benefits Survey, better family lifestyle benefits such as family-care assistance, flexible work schedules, and paid parental leave, directly impact an employee’s decision to make that final move.

The survey results show a direct correlation between family-care benefits and employee recruitment and retention, says Donna Levin, co-founder and vice president of Care.com Global Workplace Solutions, adding that the lack of these benefits is impacting companies through reduced employee retention.

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