Despite grappling with an average student loan balance exceeding $24,000, Gen Z workers prioritize time off over employer assistance with loan repayments.A recent survey by Handshake found a clear preference for benefits that foster work-life balance, even amidst significant financial burdens from education debt.
Beyond just competitive salaries, the survey said that companies should consider how they can facilitate a better work-life balance through flexible work arrangements and ample time off, acknowledging the benefits as key to attracting the new generation of workers.The younger generation is increasingly concerned with retirement as well. Sixty-five percent of respondents said that retirement benefits from their employer are essential.