A decent salary may seem the answer to all your hiring problems. However, in today’s highly competitive job market, it takes a sweet offering in additional employee benefits to sway that top-tier candidate into the safe confines of your employment.
Companies of all sizes have to look beyond their generous paycheck package and focus on the comprehensive benefits that promote a company’s stance on the well-being of employees. Think health insurance, retirement plans – and, above all else, rewards of recognition and growth.
At Imperium, we don’t just dedicate our efforts to sourcing the best candidates for financial sector businesses – we work with the business owners and board-level employees to improve their chances of securing top talent by streamlining their recruitment process and helping them to recognise the vital pieces of the puzzle that gets the candidates to say yes to your offer.
Here are some items to include in an appealing benefits package for critical hires – and why it is essential to include them.
What Should a Benefits Package Include?
A small level of incentives may sway and appease lower-level employees into taking employment. For those candidates with incredible demand in the financial sector, it is all in the benefits you put on the table.
Offering discounts on activities and services is a first step in showing you recognise and reward employees. However, highly sought candidates will want dental care, eye care, life insurance, and mental health support to support their quality of life and reduce stress. A benefits package that supports insurance, free or discounted gym memberships, stress management, and mindfulness apps that can positively impact employee morale is practically expected within any serious offer by organisations.
That can also be supported by remote working and flexible hours to attract a diverse talent pool. Adding the appeal of personal and professional growth with training, online learning, and courses that will enhance their skills will make them realise they are not locked in the same position once they accept the offer.
Offering paid holidays, parental leave, sick days, and flexible bank holiday policies can significantly improve their work-life balance, and the more generous your pension scheme, the more loyalty and reassurance they will bring to the position.
Negotiating the Right Package
Each of these may seem like the perfect package, but during the hiring phase, you may need to customise them to land the ideal hire away from the competition. A financial recruitment agency can help negotiate between both parties to find common ground that makes accepting your offer the best deal they can find.
If you require help with your recruiting team in appealing to the highest-qualified talent in the financial sector, schedule a meeting with the team at Imperium today.
