Answered Essay: I need help with the the following discussion (minimum 250 words with references). Thank you in

I need help with the the following discussion (minimum 250 words with references). Thank you in advance!

Discussion: Let’s consider further the role that benefits play in recruiting. Put yourself in the role of your organization’s recruiter. What benefits might you use to attract Generation X and Y employees (less than 45 years of age)? How do these benefits differ from those that you might use to attract workers who belong to the baby boom generation (45+ years of age)?

Expert Answer

Benefits play the most important role in recruiting. Benefits can have different meaning to various age group but to all of them it is the most important part in recruiting.

Benefits to attract Generation X and Y employees (less than 45 years of age):

Benefits Elements:

  • Compensation: It should form the most important part of benefit program. This is the monthly salary paid to employee.
  • Social Security: Facilities like insurance for family including parents should be provided free of cost to employees. This act as mental peace and satisfaction to employees.
  • Challenging work environment to provide them a chance to show caliber and grow in the organization at a rapid pace.
  • Extracurricular facilities: It includes having infrastructure to engage in indoor and outdoor games like Gym, Swimming Pool, Playing ground, Squash etc.
  • Coupons: In order to make reward program tax efficient, coupons as salary component can also be considered.

Benefits to attract workers who belong to the baby boom generation (45+ years of age):

  • Compensation: It forms the most important part of benefit irrespective of age group.
  • Social Security: It is important to have a social security at such age.
  • Retirement benefits: Workers at this age group will look for a good retirement benefit plan from the organization.
  • Work Life balance: Facilities like work from home, flexible timings aid employees to maintain a good work life balance.
  • Decision making roles: With good amount of corporate experience people like to be in positions where they can make managerial decisions and create an impact in the organization.
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