'Cash is top priority for Gen-Yers'

16-09-2008

'Cash is top priority for Gen-Yers'
Cash is the main interest for most of the younger job seekers in the UK, new research by Personnel Today has found.

The Generation-Y employees, who are mostly under 28 years old, said that salary, bonuses and annual leave were top of their list of priorities, with over 85 per cent saying cash would be a performance incentive.

It was previously thought the Gen-Yers cared about flexible working, opportunities to travel and corporate social responsibility, according to Personnel Today.

A pension was "very important" to just one in five of 265 people asked.

Alan Warner, director or people and property at Hertfordshire County Council, said: "In the current climate, the prominence of money is not surprising,"

Earlier this year about a survey conducted by Incomes Data Services found that businesses were still offering pay rises to their employees, despite the credit crunch and the rate of inflation.

Related categories: HR / Recruitment.


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