Topic > Generation Millennials. Meanwhile, an often overlooked Generation X feels less financially secure than Millennials or Baby Boomers (Miller, 2019). According to Stephen Miller's article "Benefit Mix Can Help Financially Struggling Gen employees warn. According to him, Generation X suffers from financial difficulties more than the generation immediately before or after it. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayGeneration X can be defined as the generation of people born between 1965 and the early 1980s. Generation X grew up in a time of uncertainty in the United States and around the world, but they also experienced an explosion of technological progress. It was this generation that lived through the fall of the Berlin Wall, the Challenger disaster, the energy crisis, the Watergate scandal, the decline of the stock market, Operation Desert Storm, but also lived through the rise of the personal computer. It's no wonder that growing up surrounded by such social, political and financial unrest, more Generation their current employers. a job so valuable and representing 1/3 of the workforce in the United States, only 68% of Gen Xers are satisfied with their jobs. Providing a comprehensive benefits package may be the best tool an employer has to improve the job satisfaction of Generation X employees. HR professionals should be able to offer their employees more than just benefits packages. basic benefits to be competitive in today's job market. When they understand how employee benefits impact things like bottom line costs and employee retention, they can make better decisions about benefits packages and help negotiate job offers that make both employees and senior management happy (Recuirter. com, 2019). In this journal I will look at some of the interesting benefits that a Human Recourse Benefits Manager could offer their employees to help alleviate the stress that Generation X employees are currently experiencing. According to Miller's article, the cost of daily living is the main obstacle preventing Generation X workers from saving what they need for retirement; Having a retirement savings plan is an important element of financial stability that Generation X workers may feel they are missing out on. Access to a basic retirement savings plan is standard in most companies, but this isn't enough to truly educate and help employees maintain their savings. Providing in-depth advice, free banking services, education and learning tools to simplify the retirement saving process and keep employees on track financially can significantly reduce the stress surrounding their 401Ks. Miller's article also states that the cost of insuring growing children and aging spouses, along with the importance of pre-existing health conditions, represent a.
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