5 Things Candidates Want From Employers.
Feb 4, 2019
In a job market where the unemployment rate is practically zero, it is now, more than ever, a candidate’s market. What does that mean?
Traditionally, candidates made career decisions based off their interest in good pay and benefit programs. Now, these things are offered by many employers, so candidates need more incentive and information to make the decision of who to work for. Once the decision is made, that company must work harder than ever to retain that employee long-term.
Offering additional benefits and incentives is essential in the retention of top talent in a candidate’s market. This is advantageous for both the company and the employee, who tend to be happier and thus, more productive during their tenure. So, what do candidates want from their Employer of Choice, in addition to good pay and benefits? According to recent research, below are some innovative programs, benefits, and incentives companies are implementing to entice and retain employees.
Employers will need to re-evaluate their competitive advantage when it comes to recruiting and retaining top talent. Competitive pay and medical benefits are now an expectation. The goal of most companies is to have positive employee engagement, improved retention, and extended tenure. Companies need to focus on being the Employer of Choice by being more innovative and creative in their benefit programs. A willingness to customize your benefit packages and negotiate on pay will put you on the right path to attract and retain top talent in the candidate’s market. How are you going to upgrade your benefit package in 2019 to be more desired?
At HireLevel, we have implemented several of the programs, initiatives, and benefits offerings within our organization. For advice on upgrading your benefit offerings or implementing changes and promoting any programs mentioned above, please reach out to our HR Manager, Samantha Loucks.