Blog
Five engagement facts about Generation Y
Posted on: Monday January 01, 2018
What are the best methods to engage the Gen Y aspect of your workforce
- Gen Y are the least engaged members of the workplace, with only 28.9% saying that they are engaged at work. With the lure of attractive offering from other talent-seeking firms, employers need to work harder to keep Gen Y on board, satisfied and productive. (Source Gallup 2015 www.gallup.com/poll/181289/majority-employees-not-engaged-despite-gains-2014.aspx)
- Gen Y are digital natives who are completely at ease with the modern wireless, connected world. As a result, they ‘expect the technologies that empower their personal lives to also drive communication and innovation in the workplace.’ (Source PwC www.pwc.com/m1/en/services/consulting/documents/millennials-at-work.pdf)
- Good communication between management and employees is key to engagement, and Gen Y want communication from the boss more frequently than any other generation in the workforce. (Source: Best Companies http://bestplacestoworkmillennials.com/UserFiles/File/Unlocking%20Millennial%20Talent%202015.pdf)
- Work life flexibility and greater choice in terms of where and when people can work is a top employee engagement perk. Globally it is Gen Y above other generations who are likely to put a premium on being able to telecommute one or two days a week. (Source EY www.ey.com/US/en/About-us/Our-people-and-culture/EY-study-highlights-people-want-flexibility)
- While they have been described by managers as needing more support and guidance in the workplace and being more difficult to manage than any other generation of workers, Gen Y are also cited as the generation most incentivised by reward and praise. (Source Cascade HR http://www.hrreview.co.uk/hr-news/strategy-news/millennials-are-the-most-demanding-workforce-according-to-uk-bosses/61106)
Protecting and Connecting the UK Workforce for 40 Years
This year marks a significant milestone for Personal Group as we celebrate our 40th anniversary. Reflecting on the last four decades, we’ve witnessed societal changes, technological advancements, and historical events all the while steadily supporting the wellbeing of the UK workforce.
Posted on: 13 September 2024
Q&A with Mike Laird, Head of Risk: Steering a Path for Consumer Duty and Addressing Vulnerable Customers' Needs
Earlier this year, Personal Group proudly received the prestigious Leadership in Addressing Vulnerable Customers’ Needs award at the inaugural Consumer Duty Leadership Awards. This recognition highlights our unwavering commitment to customer-centric practices and exceptional service, particularly for those who are most vulnerable.
Posted on: 29 August 2024 by Mike Laird, Head of Risk
The rise of digital health services and how these are changing employers’ approach to health insurance
How can employers blend digital health services with insurance provision to get the most value from their benefits budget?
Posted on: 22 August 2024 by Zach Berwick, New Business Development Director