Exploring the Importance of Rewards as a Talent Management Tool for Generation Y Employees

Authors

  • Nicolene Barkhuizen

Abstract

The attraction and retention of talented Generation Y employees are becoming central management challenges as these workers’ careers appear to be short-lived in many organisations. The main objective of this research was to determine the reward and remuneration preferences of prospective Generation Y employees (N=209). The results showed that Generation Y employees prefer base salary, work-life balance and career development as the most important reward and remuneration practices. Savings and perks appeared to be the least important practice. Emphasis was also placed on a good working relationship with managers. Recommendations are made.

DOI: 10.5901/mjss.2014.v5n27p1100

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Published

2014-12-10

How to Cite

Barkhuizen, N. (2014). Exploring the Importance of Rewards as a Talent Management Tool for Generation Y Employees. Mediterranean Journal of Social Sciences, 5(27 P2), 1100. Retrieved from https://www.richtmann.org/journal/index.php/mjss/article/view/5185

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