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It’s all about the money…or is it?

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It’s all about the money…or is it?

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Recent press articles suggest that employers in the UK are now open for hiring with recruitment activity near to pre-2008 levels. For those businesses looking to recruit in and around London, the competition to hire high calibre staff is about to get much harder.

How can you stand out from the crowd?

It’s well known that most people do not move to a new employer on the basis of the cash compensation alone. Whilst offering a competitive salary, bonus and benefits is really important, the whole package needs to be right before the candidate decides whether or not to accept the job offer. If you are looking to recruit, you need to be clear about what you can offer in order to gain the extra attention from the best candidates.

How do you score for non-financial benefits?

Many of the non-financial benefits tend to be key to making the work experience more enjoyable and enhance the employee’s resume. Here is a selection of the most popular:

About the business

The Brand
Employer of choice
Culture and values
Work location

About the Present

Flexible working
Quality management
Variety of work
The commute

About the Future

More responsibility
Opportunities to progress
New challenges
Develop personal skills

Keeping it fresh & relevant

Of course it’s not just about recruitment, it’s well known that employers who focus on these areas for existing employees will earn the recognition as an employer of choice. Regular reviews of the competition and introducing new ideas will ensure that you maintain a happy, productive and stable workforce.

If you would like any help with positioning your business for successful recruitment, or even a review of your current compensation and benefits, please contact us

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