GENZInsight Blog
How do I reward GenZ?
Key takeaways when rewarding GenZ employees
1. Focus on pay and be able to justify it in terms of the market, skills and experience.
2. Ensure core benefits such as pensions and healthcare are, at a minimum, aligned to your competitor market.
3. Recognition programmes can be effective if aligned to goal achievement and need not be financial. Rewarding success with opportunities for development will be appreciated.
4. Wherever possible, individualise reward programmes e.g. flexible benefits and allow GenZers to personalise their package to suit their lifestyle and specific needs.
When it comes to reward, GenZers want to be paid fairly, with an organisational purpose, and core benefits that they can individualise to suit their needs.
