Adapting reward strategies to millennials’ pay preferences (CROSBI ID 630710)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Galetić, Lovorka ; Načinović Braje, Ivana ; Klindžić, Maja
engleski
Adapting reward strategies to millennials’ pay preferences
Millennials (Generation Y) are known for their different views, work values and motivational needs compared to generations before them. The paper analyses reward preferences of millennials in Croatia. Empirical findings, using data for 249 members of generation Y, revealed that respondents generally assign more importance to non-material rewards. Furthermore, we show that Generation Y is not necessarily a homogenous group. It was shown that women assign greater importance than men to recognition, job security, high-quality leadership, work-life balance and feedback information. Therefore, HRM managers should adapt reward strategies not only with respect to generational preferences, but individual characteristics as well.
generation Y ; reward strategy ; transactional reward ; relational reward ; motivation
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Podaci o prilogu
1-14.
2015.
objavljeno
Podaci o matičnoj publikaciji
5th European reward management conference (RMC 2015) : proceedinngs
Podaci o skupu
5th European reward management conference
predavanje
10.12.2015-11.12.2015
Bruxelles, Belgija