Millennial, Baby Boomer investors think salary is most crucial benefit

Millennial, Baby Boomer investors think salary is most crucial benefitMillennial, Baby Boomer investors think salary is most crucial benefitRecent data from TD Ameritrade shows that 72% of Millennial and Baby Boomer investors, respectively, think base salary is the most crucial benefit when deciding on a job offer.Among full-time and part-time workers, 58% of Millennials, 56% of Generation X and 47% of Baby Boomers say that they expect additional work benefits and perks due to low unemployment levels.This data welches released before todays job report, which revealed that the percentage of people who are out of work in this country- 3.7%- is reportedly the lowest its been since the year 1969.True North Market Insights polled 1,110 adult investors in the United States who each have at least $10,000 in investable assets for TD Ameritrades research. Millennials were defined as those born between1977 and 1989, Generation X-ers were born between 1965 and 1976, and Baby Boomers were born between 1946 and 1964.For Baby Boomers and Millennials, these benefits have an impact when deciding on a job offerHeres what people in these two generations say would impact their decision when considering a job offerBase salary 72% Baby Boomers, 72% MillennialsVacation time 68%Baby Boomers, 63% MillennialsHealth insurance 66%Baby Boomers, 69% MillennialsRetirement savings account with company match 65%Baby Boomers, 63% MillennialsFlexible schedule 56%Baby Boomers, 60% MillennialsBonus incentives 48%Baby Boomers, 56% MillennialsCompany culture 43%Baby Boomers, 51% MillennialsEmployee stock ownership plan 35%Baby Boomers, 36% MillennialsTuition assistance to cover further education 5%Baby Boomers, 18% MillennialsStudent loan repayment program 2%Baby Boomers, 14% MillennialsTwenty-three percent of working Millennials, 19% of Generation X and 17% of Baby Boomers say that their employer enhanced their work benefits/perks within the last year.Here are the top five most popular benefits a ll generations surveyed say would impact them when deciding on a job offerBase salary 73%Health insurance 67%Vacation time 67%Retirement savings account with company match 65%Flexible schedule 56%The least popular choice among all of the respondents was a student loan repayment program at five percent.