So, how can you make sure your attracting and retaining talent?
Now, the obvious first step (according to most) would be to offer people bigger salaries. And yes, money is certainly an important factor at the moment. But it’s far from the only thing you can offer as an employer.
Greater flexibility and broader career opportunities often come out on top when candidates are asked about what matters most to them in a new role. While flexible/at-home work may have been seen as a big perk or bonus just a few years ago, it’s become a rather standard working practice in today’s market.
Flexible hours Hybrid working Career opportunity Holidays that can be flexed up or built upon with additional years of service Company related bonuses Days off for birthdays Free fruit Subsidised gym memberships Cycle-to-work schemes Eye care Annual personal development vouchers Duvet days Rewards such as high street vouchers Childcare vouchers Time off (fully paid) to complete charity work
An often-missed “benefit” is the working culture in an organisation, and yet it’s one of the most important factors a candidate considers when choosing between numerous offers.
Culture is a tricky thing to quantify, but interviewers who present their company most positively (by explaining the benefits, career opportunities, and ways of working) and conduct the interview more conversationally and naturally tend to have the greatest success when hiring.
If you would like more detailed feedback on how your salaries and benefits compare with the rest of the market, please get in touch.