From Baby Boomers to graduate job holders, the value of benefits packages to different generations has been revealed in a new survey by Barclays.
Talking About My Generation: Exploring the Benefits Engagement Challenge surveyed over 1,200 employees about their financial aspirations, concerns and priorities.
The three generations of respondents – Baby Boomers, Generation X and Generation Y – disagreed most on the importance of help with a mortgage deposit within a benefits package.
This is most important to 42% of Gen Y – with graduate jobbers trying to get a foot on the property ladder – but important to only 15% of Baby Boomers.
The wavering importance of certain benefits according to life stage was echoed across other areas. Large proportions of Gen X (77%) and the Baby Boomers (71%) valued a company pension, compared with 59% of the graduate job set in Gen Y.
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