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Benefits for a Multigenerational Workforce


Today’s workforce is comprised of five generations: The Silent Generation, Baby Boomers, Generation X, Millennials and Generation Z. Employees in different life stages want and need different benefits.

While employers cannot afford to offer the best of every benefit, they can ill afford to under-invest in the benefits that are most important to their employees. Most employers understand they must be creative in allocating resources toward those benefits that have the greatest impact on each employee and complementing high-cost benefits with low-cost offerings that appeal to employees with a variety of needs.

SHRM Resources

Targeted Benefits Help Baby Boomers Stay at Work, Prepare to Retire
SHRM | Nov 2019

Benefit Mix Can Help Financially Stressed Generation X
SHRM | Apr 2019

Generation Z and Millennials Seek Recognition at Work
SHRM | Sep 2019

Younger Workers Put Student Loan Aid Near Top of Desired Benefits
SHRM | Jun 2019

Welcome, Generation Z: Here’s Your Benefits Package
SHRM | Jul 2018

Tailoring the Benefit Mix to Engage Millennials
SHRM | Aug 2016

Millennials in the Dark About Their Benefits
SHRM | Jan 2016

Welcome, Generation Z: Here's Your Benefits Package
SHRM | Jul 2018

2019 Employee Benefits Survey

How to Design an Employee Benefits Program
SHRM How-to-Guide

                          Please complete the brief survey near the bottom of this page.

Additional Resources

Benefits offerings for a Multigenerational Workforce
Lockton | 2019

Meeting the Benefits Needs of Five Generations
WorldatWork | Sep 2019

The keys to a 5-generation workforce? Fringe benefits and personalized options
BenefitsPro | Mar 2019

Offering Benefits to a Multigenerational Workforce
Navigate PEO | Feb 2019

The Most Important Benefits to Employees, by Generation
The Benefits Guide | Nov 2018

How to Create Employee Benefits for a Multigenerational Workplace
Lindsey Pollack | Oct 2018

Related Reading

Single vs. Married Employees' Benefits Aren't Equal
SHRM | Dec 2019

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