In this economic environment, the competition for jobs is at an all-time high. However, job seekers still do have a list of wants, and many will still wait for the perfect position. In a new survey put out by CareerBuilder, job candidates were asked directly what they were looking for most in a company and career. The top answers included:
- Compensation: True, this is a no-brainer. Everyone wants to be rewarded handsomely for the hard work that they do. However, life is getting more expensive. Gas prices are up. Grocery prices are up. Tuition prices are at an all-time high. The dollar doesn’t go as far as it used to. Also, companies are asking for a lot more from employees, while still using old compensation methods. The top companies are recruiting employees that benefit from their generous salary rates.
- Benefits: Health insurance premiums keep rising in America, but that doesn’t mean that your employees have to feel the brunt of it. The cost and availability of health insurance is a large part of what potential employees are looking at. In addition, employees want to know that they have access to ample days off when they need them and security in retirement and life insurance. The era of 10 days of PTO which include sick and personal days are over. Don’t skimp on these, or you will be missing out on prime candidates.
- Work/Life Balance: On the surface, many companies preach flexibility and a proper work-life balance, but their employees are living more of a work hard/play hard mentality, cranking out 60-70 hours a week and attending company happy hours on the weekends. A happy hour is not what these job candidates are looking for. They are looking for flexible hours that allow them to do the best work they can, in an efficient amount of time. They are looking to be involved with their communities, families and further their education. Their work is important, but so are other things in their life.
- Advancement: If you do not offer a career path program, good employees will leave and share this information with others. If an employee gets raises, but is stuck with more responsibility and the same title for five years, they will never feel fulfilled or happy. Empowering your employees with the opportunity to take on new tasks and learn new skills is the best way to keep them interested. Let them know they are doing a great job, by acknowledging their growth.
- Appreciation: Employees want to know that the work they are doing is making a difference, and that they are not just punching a clock. Acknowledgement from management does not have to be costly—it can come in the form of a gift card, recognition lunch, or bonus time off—but it does have to happen in order for retention and a good working environment.
Clark Personnel Service can help match you with the right candidates. Call us today!