Table of Contents Introduction .............................................................................................................................................3 Current Benefits Landscape Overview ............................................................................................4 Legal Considerations .......................................................................................................................4 Generational Overviews .......................................................................................................................5 The Silent Generation (1928-1945) .............................................................................................5 Baby Boomers (1946-1964) ..........................................................................................................5 Generation X (1965-1980) ..............................................................................................................6 Millennials (1981-1996) ...................................................................................................................6 Generation Z (1997-2012) ..............................................................................................................6 Preferred Benefits Across Generations ...........................................................................................7 Caregiving Benefits ..........................................................................................................................7 Flexible Scheduling ...........................................................................................................................9 Remote Work Opportunities ..........................................................................................................9 Ongoing Learning and Development .........................................................................................9 Traditional Core Benefits ................................................................................................................9 Creating a Multigenerational Benefits Plan ................................................................................. 10 Determining the Goal .................................................................................................................... 10 Assessing Employee Demographics....................................................................................... 10 Deciding on a Budget .................................................................................................................... 10 Choosing the Benefits .................................................................................................................. 11 Communicating the Offerings .................................................................................................... 11 Conclusion ............................................................................................................................................ 12 Appendix ............................................................................................................................................... 13 Benefits by Generation Infographic ......................................................................................... 14 Employee Benefits Survey .......................................................................................................... 15 Benefits Assessment .................................................................................................................... 16 Multigenerational Benefits Plan Assessment ....................................................................... 17 2
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