Employers looking to retain their younger employees, listen up: Offer voluntary benefits.
A MetLife survey finds younger employees appreciate robust benefit offerings more than their boomer counterparts, even if it means paying all the cost for those voluntary benefits themselves.
The Gen X and Y generations, who comprised 56 percent of the small business work force in the survey, say they recognize their goal of more financial security can entail a cost, and as a group they're willing to do their part, despite the financial strains some of them are feeling. Two-thirds of those younger workers say they'd be willing to pay more of the cost of benefits rather than lose them.
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