The needs of a multigenerational workforce influence how employees manage work-life balance outside the workplace, presenting organizations with an opportunity to re-evaluate their total rewards strategies to address varying life stages. Nonetheless, in the current macroeconomic environment, financial stress remains a concern shared by all generations.
In this article, Stephanie Doherty, Chief People Officer at Purchasing Power, shares how employers can reimagine their total rewards strategy to meet the employees' needs.
Organizations must reimagine how to support employees at every life stage, from early career professionals to mid-career employees to those nearing retirement.
Read the full article, Crafting a Total Rewards Strategy for the Multigenerational Workforce on BenefitsPro here.