Maggie Overfelt — The new generation of employees would take less pay for these job perks

Millennials work for the cash and good health insurance — just like everybody else. More than half of millennials (53 percent) say compensation is more important to a job offer than corporate mission (34 percent). And 91 percent of millennials say they are most attracted to a new job by salary and benefits. But there are some job perks that will make millennials consider working for less, by as much as 12 percent....

According to the survey, 77 percent of millennials would be willing to take a salary cut of at least 3 percent in exchange for long-term job security. Roughly 76 percent of millennials would take a pay cut of at least 3 percent to work for a company that offers flexible office hours, and 67 percent would be willing to take a pay cut of at least 3 percent to work at a
company that offers good mentorship opportunities.

I would take a salary cut of 6 percent to 12 percent to work for a firm that ...

• Offers long-term job security (38 percent of millennials)

• Offers flexible hours (37 percent)

• Offers good mentorship opportunities (30 percent)

• Is growing very rapidly (30 percent)

• Only employs extremely talented and smart people (26 percent) 

CNBC
The new generation of employees would take less pay for these job perks
Maggie Overfelt, special to CNBC.com