Alternative salary packages and contract forms
AON notes that young people especially value cash and a company car, while group insurance is more important to baby boomers.
They advocate more flexible packages that are adapted to individual expectations and situations.
AG Insurance introduced a cafeteria plan and Axis Group emphasized the possibility for employees to customize their pay package. The new generation, especially Generation Z, places more importance on flexibility and freedom, but an indefinite contract and an appropriate salary package remain essential.
