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Inside the Employee MindsetWhat Differentiates What Rewards
TOP
3 Differentiators
Expectations
• Fun place to work• Flexible work environment• Innovative
• Communicates completely and honestly• Recognizes strong achievements
or performance• Collaborative and encourages teamwork
42%
PAY = (retirement + health)
PAY & BENEFITS
Most Desired Improvement Areas
Generation Differences
What Communicates
Least Understood
Gender Differences
would like to see improvements in
RECOGNITIONand
COMMUNICATION
1 in 4
WOMEN are more likely than men to want improvements in workplace communication and flexibility
MEN are more likely than women to want more fun in the workplace
MILLENNIALS are more likely to expect good career and development opportunities
BOOMERS are more likely to see career development as a di�erentiator and an area for improvement
Employees who feelencouraged to shareideas & opinions are
MORE ENGAGED3.5x
most preferred workplacecommunication channel
Biggest ImprovementAreas for Communication• Career development
opportunities
• Work/life programs
• Incentive/bonus pay
1 in 2 employees say they get
TOO LITTLERECOGNITION
Employees who view senior leadership as open& honest are nearly
ENGAGED5x MORE
ENGAGED3x MORE
Employees whosemanagers share information & provide input are more than
FOR NEARLY EVERY TOPIC, employees want to receive at least some communication from their managers
more engaged when
are viewed as competitiveTOTAL REWARDS2x
NEARLY 1⁄3 of employees view their base pay and benefits as below market
Hourly/Salaried Differences
• are less likely to feel they receive the right amount of communication
• prefer more variety in communication, including meetings and print
HOURLY EMPLOYEES
• are more likely to prefer communication from senior leaders
SALARIED EMPLOYEES
when career development programs are viewed as competitive
MOREENGAGED
3x
more engaged when
is viewed as competitiveBASE PAY
2.5x
Risk. Reinsurance. Human Resources.
Aon Hewitt
Employees are...
Relative value of...
• Work/life balance programs
• Career development/training programs
• Bonus
BENEFITS