1.) Health Insurance
Unsurprisingly, health insurance still tops the list as the most desired employee benefit. However, millennials want more than just a mediocre health plan. Instead, they want choices and decision support to help them make the most informed decision. Working with a benefits provider that makes it easy to compare plans and access on-demand education is critical to engaging and retaining your top-millennial talent.
2.) Student Loan Repayment Assistance
Student loan repayment assistance is a hot employee benefit option that is growing in popularity. Companies like Tuition.io offer a full suite of assistance, ranging from financial wellness and educational support to full repayment assistance programs. It’s no secret that recent graduates are struggling with student loan debt. In fact, student loan debt is the second highest consumer debt, falling just short of mortgages. Give your millennial employees the help they need to manage their debt and build a strong financial foundation.
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