Business process outsourcing firm Telus is calling on fellow employers to upgrade their benefits and rewards packages for their employees to attract younger workers—Gen Z and millennials—who put a premium on work-life balance.
"In these changing times, we should be deliberate about giving team members the support they need and allowing them to have a rewarding journey," said Anne Muñoz, vice president and country manager at Telus International Philippines.
"Now more than ever, companies need to focus on tailoring their rewards and benefits to their employees’ needs to help them realize their aspirations, ultimately making work more meaningful," according to the Telus executive. "We also have various Special Interest Groups where they can bond over different interests," she said.
The survey by Deloitte also found that cost of living was the top concern among Gen Z and millennials, as respondents said they would feel less anxious about their financial situation if their employer offered financial wellness benefits.
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