Naslov
Adapting reward strategies to millennials’ pay preferences

Autori
Galetić, Lovorka ; Načinović Braje, Ivana ; Klindžić, Maja

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
5th European reward management conference (RMC 2015) : proceedinngs / - , 2015, 1-14

Skup
5th European reward management conference

Mjesto i datum
Bruxelles, Belgija, 10.12.2015. - 11.12.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
generation Y ; reward strategy ; transactional reward ; relational reward ; motivation

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA