As unemployment drops, employers get creative with benefits offerings

National unemployment, on the decline as the economy recovers from the recession, dropped to 5 percent in September and with less competition for each job opening, potential employees are earning back their leveraging power.

In order to attract employees, companies are getting creative with benefits packages, often targeted at Millennials, who surpassed Generation X to become the most represented generation in the workforce in 2015.

“Millennials are looking to connect their personal and professional lives in a way that’s dynamic,” says Jim Conti, director of talent at Sprout Social in Chicago, told Inc. “They want to feel at home and a company can achieve that with more than breakfast on site, flex hours, and stand-up work stations.” READ MORE.

Advertisements