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Five ways employers can develop their workplace for younger employees

Experiences from the pandemic are challenging people of all ages to rethink where and how they work, whom they work for, and why. 

Younger workers are seeking out new jobs at a rapid pace with 79% of working adults younger than 30 consider finding a new job as one of their long-term financial goals1. Meanwhile, nearly half of multinational employers say recruitment and retention is a top priority2.

Employers must better understand the needs of their workforce to achieve their objectives. While many younger employees are pursuing higher compensation, they also want employers to focus on their well-being, offer more flexibility, and provide work that gives them a sense of purpose and belonging.

The relationship between employers and employees is shifting, challenging employers to engage and support their entire workforce in new ways. With more generations of employees in the workforce than ever before, this is no easy feat.

In this report we’ve outlined five ways employers can create a workplace that’s ready for the next generation of workers and potentially improve attraction, retention, and support of younger employees.

1The Fidelity Global Sentiment Survey, 2022
2The Fidelity Global Employer Survey, 2022

This information is designed for scheme sponsors’, trustees’, their advisers’ and consultants’ use only and should not be relied upon by individual investors.

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