Advertising
Advertising

10 Awesome Job Perks That Attract Millennials

10 Awesome Job Perks That Attract Millennials

Millennials are either avoided or highly sought out by employers. They’ve earned negative stereotypes such as lazy, apathetic, and social- media obsessed, which sometimes prevent employers from hiring them. However, despite this, many companies need the skills of Millennials. Known for their highly creative, innovative ideas, and mastery in technology, Millennials will occupy the largest workforce demographic and shape the corporate world in the years to come.

One thing that makes Millennials stand out among other generations is their work styles. For one, Millennials doesn’t seem to be motivated by the same things that motivated the generations before them. That’s why luring them and making them stay in your company can be more hard work than you’ve previously thought.

Understanding Millennials is the first step in attracting them into your workplace. You have to know what motivates them in their careers. You have to tap into their mindsets to understand their wants and needs. “Millennials view the workplace through the same lens of new technology as any other aspect of their lives: instant, open, and limitless” said Adam Miller, president and CEO of Cornerstone on Demand. So what can companies do to attract and retain top millennial talents? Here are 10 awesome job perks that might give you some ideas.

Advertising

1. Travel Perks

Forget about buying fancy homes and cars. According to a study led by Harris Group – 72% of Millennials prefer spending money on travel and social events. Companies who offer travel perks will attract many Millennials during their hiring season. Allowing your employees to travel for vacation will make them love working in your company. They will also feel less stressed after their relaxing out of town tour.

Airbnb is one example of company who has an envious travel perk for its employees. The company offers a travel credit program that encourages employees to travel four times a year. The system works by giving each employees travel credit at the beginning of each quarter which expires if they don’t use it.

2. Flexible Work Hours

Millennials value personal time. According to a recent study on The Cost of Millennial Retention, 45% of Millennials chose flexibility over higher pay. They’re not so much of a fan of 9-5 work hours and like to be out of the office after the end of the shift. They’re also fan of work from home options which allows them to juggle personal and work schedules efficiently.

Advertising

3. Free Food

You don’t have to share the world your sad desk lunches anymore.  Many companies from startups and small business to big giants like Google, Pixar and Drop box are offering free catered food for their employees. Other companies also found that free food during meetings and Fridays encouraged more employee productivity and attendance.

4. Trainings and Team Building Courses

Millennials are proud to describe themselves as life-long learners. Companies that offer trainings and team building courses earn a lot of good points for this generation. Team building activities are wonderful ways to relieve stress and keep work relationships strong and positive.

5. Game Rooms

Who doesn’t love game time?! Games are the best stress relievers. It’s a good way to have fun and bring people close together. From video games to classic games like Ping-Pong, foosball and darts, game rooms will surely excite your otherwise boring office environment. It will improve company culture, and even retain your best millennial employees.

Advertising

6. Pet Insurance

Pets in the office are the new cool. And one in every three fortune 500 companies now offers Veterinary Pet Insurance (VPI). These companies believe that bringing pets in the workplace can actually increase workplace morale and decrease stress and work fatigue. What a great treat for many millennial animal lovers!

7. Gym Membership, Spa, or Yoga

A healthy employee is a happy employee – and happy employees get the job done. Millennials are one of the most health-conscious generations. If you want to keep them in your company, wellness programs are going to make them stick around.

8. Offsite Charity Events

Grow your company and give back something good to the world. Millennials believe companies should contribute towards a good cause; it should be able to give them jobs which create exciting new experiences and make life more meaningful. It could be as simple as serving lunch at a food bank or cleaning up local beaches. If your company hosts offsite charity events from time to time, you’ll likely attract a lot of Millennials.

Advertising

9. Freebies

Free Netflix subscription, magazine, gadgets, or whatever the company is selling are small but effective incentives to earn employee loyalty and attract new hires, especially Millennials. Millennials are the best budget savvy people who will do anything to get something for less – or free!

10. Commute Allowance

Commuting to work can be stressful and gas and metro passes can be expensive.  Show your employees you care by giving them their monthly commute allowance. This will not only be a form of a kind gesture but also help keep your best and brightest Millennial around for longer.

Featured photo credit: Steven Lewis via unsplash.com

More by this author

Armela Escalona

Freelance Writer

9 Beautiful Journals for People Who Love To Take Notes 7 Ways To Fix Damaged Hair and Get Your Healthy Hair Back How To Design Your Bedroom the Feng Shui Way 5 Tools to Create a Professional Website for Free 5 Best Professional E-commerce Store Builders

Trending in Career Advice

1 What to Do When You Hate Your Job and Need a Change 2 The Lifehack Show: Standing Out in Today’s Job Market with Dr. Julia Ivy 3 Clueless On Your Career? Sabbatical vs. Career Break 4 10 Essential Career Change Questions To Ask Yourself This Year 5 10 Job Search Tools Every Jobseekers Need To Know About

Read Next

Advertising
Advertising
Advertising

Last Updated on November 5, 2020

Why You Have the Fear of Failure (And How to Overcome It)

Why You Have the Fear of Failure (And How to Overcome It)

Nobody enjoys failing. Fear of failure can be so strong that avoiding failure eclipses the motivation to succeed. Insecurity about doing things incorrectly causes many people to unconsciously sabotage their chances for success.

Fear is part of human nature. As an entrepreneur, I faced this same fear. My ego and identity became intertwined with my work, and when things didn’t go as planned, I completely shut down. I overcame this unhealthy relationship with fear, and I believe that you can, too.

Together we’ll examine how you can use failure to your advantage instead of letting it run your life. We’ll also look at how to overcome fear of failure so that you can enjoy success in your work and life.

What Is Fear of Failure?

If you are afraid of failure, it will cause you to avoid potentially harmful situations.

Fear of failure keeps you from trying, creates self-doubt, stalls progress, and may lead you to go against your morals.

What causes a fear of failure? Here are the main reasons why fear of failing exists:

Patterns From Childhood

Hyper-critical adults cause children to internalize damaging mindsets.[1] They establish ultimatums and fear-based rules. This causes children to feel the constant need to ask for permission and reassurance. They carry this need for validation into adulthood.

Perfectionism

Perfectionism is often at the root of a fear of failure.[2] For perfectionists, failure is so terrible and humiliating that they don’t try. Stepping outside your comfort zone becomes terrifying.

Over-Personalization

The ego may lead us to over-identify with failures. It’s hard to look beyond failure at things like the quality of the effort, extenuating circumstances, or growth opportunities.[3]

False Self-Confidence

People with true confidence know they won’t always succeed. A person with fragile self-confidence avoids risks. They’d rather play it safe than try something new.[4]

How the Fear of Failure Holds You Back

Unhealthy Organization Culture

Too many organizations today have cultures of perfection: a set of organizational beliefs that any failure is unacceptable. Only pure, untainted success will do.

Imagine the stress and terror in an organization like that. The constant covering up of the smallest blemishes. The wild finger-pointing as everyone tries to shift the blame for the inevitable messes onto someone else. The lying, cheating, falsification of data, and hiding of problems—until they become crises that defy being hidden any longer.

Advertising

Miss out on Valuable Opportunities

If some people fail to reach a complete answer because of the lure of some early success, many more fail because of their ego-driven commitment to what worked in the past. You often see this with senior people, especially those who made their names by introducing some critical change years ago.

They shy away from further innovation, afraid that this time they might fail, diminishing the luster they try to keep around their names from past triumph.

Besides, they reason, the success of something new might even prove that those achievements they made in the past weren’t so great after all. Why take the risk when you can hang on to your reputation by doing nothing?

Such people are so deeply invested in their egos and the glories of their past that they prefer to set aside opportunities for future glory rather than risk even the possibility of failure.

High Achievers Become Losers

Every talent contains an opposite that sometimes turns it into a problem. Successful people like to win and achieve high standards. This can make them so terrified of failure that it ruins their lives. When a positive trait, like achievement, becomes too strong in someone’s life, it’s on the way to becoming a major obstacle.

Achievement is a powerful value for many successful people. They’ve built their lives on it. They achieve at everything they do: school, college, sports, the arts, hobbies, work. Each fresh achievement adds to the power of the value in their lives.

Gradually, failure becomes unthinkable. Maybe they’ve never failed yet in anything that they’ve done, so they have no experience of rising above it. Failure becomes the supreme nightmare: a frightful horror they must avoid at any cost.

The simplest way to do this is never to take a risk, stick rigidly to what you know you can do, protect yourself, work the longest hours, double and triple check everything, and be the most conscientious and conservative person in the universe.

If constant hard work, diligence, brutal working schedules and harrying subordinates won’t ward off the possibility of failing, use every other possible means to to keep it away. Falsify numbers, hide anything negative, conceal errors, avoid customer feedback, constantly shift the blame for errors onto anyone too weak to fight back.

Loss of Creativity

Over-achievers destroy their own peace of mind and the lives of those who work for them. People too attached to “goodness” and morality become self-righteous bigots. Those whose values for building close relationships become unbalanced slide into smothering their friends and family with constant expressions of affection and demands for love in return.

Everyone likes to succeed. The problem comes when fear of failure is dominant, when you can no longer accept the inevitability of making mistakes, nor recognize the importance of trial and error in finding the most creative solution.

The more creative you are, the more errors you are going to make. Deciding to avoid the errors will destroy your creativity, too.

Advertising

Balance counts more than you think. Some tartness must season the sweetest dish. A little selfishness is valuable even in the most caring person. And a little failure is essential to preserve everyone’s perspective on success.

We hear a lot about being positive. Maybe we also need to recognize that the negative parts of our lives and experience have just as important a role to play in finding success, in work, and in life.

How to Overcome Fear of Failure (Step-by-Step)

1. Figure out Where the Fear Comes From

Ask yourself what the root cause of your negative belief could be.[5] When you look at the four main causes for a fear of failure, which ones resonate with you?

Write down where you think the fear comes from, and try to understand it as an outsider.

If it helps, imagine you’re trying to help one of your best friends. Perhaps your fear stems from something that happened in your childhood, or a deep-seated insecurity.

Naming the source of the fear takes away some of its power.

2. Reframe Beliefs About Your Goal

Having an all or nothing mentality leaves you with nothing sometimes. Have a clear vision for what you’d like to accomplish but include learning something new in your goal.

If you always aim for improvement and learning, you are much less likely to fail.[6]

At Pixar, people are actually encouraged to “fail early and fail fast.”[7] They encourage experimentation and innovation so that they can stay on the cutting edge. That mindset involves failure, but as long as they achieve their vision of telling great stories, all the stumbling blocks are just opportunities to grow.

3. Learn to Think Positive

In many cases, you believe what you tell yourself. Your internal dialogue affects how you react and behave.

Our society is obsessed with success, but it’s important to recognize that even the most successful people encounter failure.

Walt Disney was once fired from a newspaper because they thought he lacked creativity. He went on to found an animation studio that failed. He never gave up, and now Disney is a household name.

Advertising

Steve Jobs was also once fired from Apple before returning as the face of the company for many years. [8]

If Disney and Jobs had believed the negative feedback, they wouldn’t have made it.

It’s up to you to notice your negative self talk and identify triggers[9]. Replace negative thoughts with positive facts about yourself and the situation. You’ll be able to create a new mental scripts that you can reach for when you feel negativity creeping in. The voice inside your head has a great effect on what you do.

How To Be A Positive Thinker: Positivity Exercises, Affirmations, & Quotes

    4. Visualize all Potential Outcomes

    Uncertainty about what will happen next is terrifying. Take time to visualize the possible outcomes of your decision. Think about the best and worst-case scenarios. You’ll feel better if you’ve already had a chance to mentally prepare for what could happen.

    Fear of the unknown might keep you from taking a new job. Weigh the pros and cons, and imagine potential successes and failures in making such a life-altering decision. Knowing how things could turn out might help you get unstuck.

    5. Look at the Worst-Case Scenario

    There are times when the worst case could be absolutely devastating. In many cases, if something bad happens, it won’t be the end of the world.

    It’s important to define how bad the worst case scenario is in the grand scheme of your life. Sometimes, we give situations more power than they deserve. In most cases, a failure is not permanent.

    For example, when you start a new business, it’s bound to be a learning experience. You’ll make decisions that don’t pan out, but often that discomfort is temporary. You can change your strategy and rebound. Even in the worst case scenario, if the perceived failure led to the end of that business, it might be the launching point for something new.

    6. Have a Backup Plan

    It never hurts to have a backup plan. The last thing you want to do is scramble for a solution when the worst has happened. The old adage is solid wisdom:

    “Hope for the best, prepare for the worst.”

    Having a backup plan gives you more confidence to move forward and take calculated risks.

    Advertising

    Perhaps you’ve applied for a grant to fund an initiative at work. In the worst-case scenario, if you don’t get the grant, are there other ways you could get the funds?

    There are usually multiple ways to tackle a problem, so having a backup is a great way to reduce anxiety about possible failure.

    7. Learn From Whatever Happens

    Things may not go the way you planned, but that doesn’t automatically mean you’ve failed. Learn from whatever arises.[10] Even a less than ideal situation can be a great opportunity to make changes and grow.

    “Sometimes you win, sometimes you learn.”

    Dig deep enough, and you’re bound to find the silver lining. When you’ve learned that “failure” is an opportunity for growth instead of a death sentence, you conquer the fear of failure.

    For more tips on how to overcome fear of failure, check out the video below:

    Final Thoughts

    To overcome fear of failure, we can start by figuring out where it comes from and reframing the way we feel about failure. When failure is a chance for growth, and you’ve looked at all possible outcomes, it’s easier to overcome fear.

    Stay positive, have a backup plan, and learn from whatever happens. Your failures will be sources of education and inspiration rather than humiliation.

    “I have not failed. I’ve just found 10,000 ways that won’t work.” -Thomas A. Edison

    Failures can be blessings in disguise. Go boldly in the direction of your dreams and long-term goals.

    More Tips for Conquering Fear

    Featured photo credit: Patrick Hendry via unsplash.com

    Reference

    Read Next