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What Do Millennial Workers Want? A Raise.

Brendan Duke discusses the important steps that are required to level the playing field for Millennial workers.

The business press is full of articles telling companies “what Millennials want” and “how to manage Millennials.” Here’s a simple hint: We want a raise.

My recent research shows that median compensation — wages plus the value of benefits from employers such as health-care premiums and 401(k) contributions — for a 30-year-old in 2014 was below that of a 30-year-old ten years earlier, after inflation. In fact, 30-year-olds today make around the same amount of money that 30-year-olds made in 1984.

The above excerpt was originally published in RealClearPolicy. Click here to view the full article.

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Authors

Brendan Duke

Senior Director, Economic Policy

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