introductions...you don’t need to break the bank after health insurance, employees placed the...
TRANSCRIPT
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Introductions
Carrie Desmond, PESenior Engineer
WSP USAMinneapolis, MN
Matthew HibbardSocial Media Communications Manager
Bi-State DevelopmentSt. Louis, MO
Caitlin D’Alton, AICPSenior PlannerCapital Metro
Austin, TX
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Agenda
1. Project Objective2. Research Method3. Key Findings4. Best Practices5. Toolbox
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Setting the Stage
Born in the 1940sAttentive, passive and
respect voices of authority
Born in the 1950sOccasionally
questioning but open to being convinced
Born in the 1960sEither suckers or
skeptics
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A Shifting Landscape
Born in the 1940sAttentive, passive and
respect voices of authority
Born in the 1970sLooking for simple
narratives
Born in the 1980sRestless
Born in the 1990sAnywhere, anytime –
more likely on a mobile device
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What’s at Stake?
Yes, 26%
No, 74%
Have you ever left a company and taken a job elsewhere because of benefits offered?
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Pile on the Perks
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Methodology
11
286
Feb. 26 - Mar. 16
Respondents
Questions
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Transportation32%
Public Transit
56%
Other 12%
INDUSTRY
Female53%
Male45%
Prefer not to answer
2%
GENDER
Gen X 1965-197928%Millennials
1980-199459%
Baby Boomers 1946-1964
13%
GENERATION
Public52%
Private27%
Non Profit12%
Non-Transportation
Industry9%
TRANSPORTATION SECTOR
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You Don’t Need to Break the Bank
After health insurance, employees placed the
highest value on benefits that are
relatively low-cost to employers: flexible
hours and paid time off.
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If It Works, Keep Doing It
The top-3 benefits respondents wished their
employer offered were wellness/fitness benefits, teleworking options and
parental leave.
Wellness and Fitness
Parental Leave
Teleworking
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Our Industry Is Not Unique
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Professional Development
Bonus Structure
PTO
Sabbatical
Childcare
Stock Options
Paid Volunteer Time
Ergonomic Workstations
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Steps to Take Today!
Recognition Relaxed Dress Code
Volunteer Activities
Break Room Amenities
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Steps to Consider Next Fiscal Year
• Ergonomic Workstations
• Teleworking
• Flexible Schedules
• Privacy Rooms
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Long Range Opportunities
Parental Leave
Childcare
PTO
Healthcare
Bonus
Wellness
Professional Development
Sabbatical
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Vacancy Costs
• Team Burden• Recruitment• Resume Reviews• Interviews• Pre-Hire Preparation• Onboarding• Training
50% – 150%Annual Salary
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Where Do You Want to Invest?
RecruitmentRetention
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Questions?
Carrie Desmond, PESenior Engineer
Matthew HibbardSocial Media Communications Manager
Caitlin D’Alton, AICPSenior Planner
caitlin.d'[email protected]
Final Report Available Upon Request