July 07, 2017

in Benefits & Health

Do Employees From Different Generations Want Completely Different Benefits?

A Generational Perspective

Employee populations age, new generations join the work-force, and desires around wellness programs and benefits can change as a result. Each generation has a set of unique stereotypes that could lead to plan sponsors making assumptions about what's important to them in their benefits plans.

As a part of our 2017 report entitled Fresh Perspectives on Group Benefits: The Latest Thinking From Plan Sponsors, Members, and Insurers, Accompass reported on the real generational differences when it comes to wellness.

What We Found

Here’s what we found from a generational perspective:

• A gym membership was the top pick of every generation.

• A games room was ranked as least favoured by millennials (ages 25 to 34) and Boomers (age 55 and older)—and was ranked either last or second last by every generation.

• An onsite health assessment was least favoured by Gen Z (ages 18 to 24) and Gen X (ages 35 to 54).

From Boomers to Millennials

generational wellness

Don't Assume, Measure

Generational perspectives are not so different when it comes to what plan members want for their wellness. Before choosing a new benefits plan, consult with employees and determine if there are generational differences in wellness wants. Gain more insight into individual perspectives before planning based on assumptions.

Get More Information

Click here to download the full free 2017 Report Fresh Perspectives on Group Benefits: The Latest Thinking From Plan Sponsors, Members, and Insurers.