Leveraging Employee Benefits to Attract Skilled Professionals
The job market is so competitive right now it’s harder than ever to find skilled workers. Pay is still important, but it’s not the only thing people look at when they are looking for a new job. Employee perks are now one of the most important things people look for in a job. Offering perks that are both appealing and useful can help your business stand out and help you hire the best people.
The Power of Employee Benefits
Benefits for employees aren’t just nice to have; they can make or break a hire decision. This day and age, skilled workers want more than just a paycheck. They want things that improve their lives, help them grow personally and professionally, and give them a good work-life balance. Companies compete for the same employees, so a strong perks package can help your business stand out.
Key Benefits That Attract Skilled Talent
Here are some benefits that skilled professionals are increasingly prioritizing:
Programs for health and wellness
Health perks are something that most people will not settle for. Full health insurance with dental and eye benefits can help you hire the best people.
A Glassdoor study found that 88% of workers value an excellent health benefits package. This shows that companies that spend on their employees’ health have higher employee retention rates and happiness.
Options for flexible work
The days of strict 9-to-5 working hours are coming to an end. Giving skilled workers flexible work choices, like working from home or setting their hours, is becoming increasingly important. Flexible scheduling lets workers choose when and where they do their best work, which can be a big plus.
Owl Labs did a study in 2022 that found that 59% of workers would rather work for companies that let them work from home. Flexibility is a big factor in many job choices.
Opportunities for professional growth
Skilled people want to get better. A big reason companies want to hire the best people is to offer mentoring programs, leadership training, or access to online classes that help people advance in their careers. If you help your employees grow, they will stay with your company and do well there.
LinkedIn’s 2023 Workplace Learning Report found that companies that offer professional development have 50% lower dropout rates. This is because workers value continuing to learn and grow.
Planning for retirement and money
Benefits for retirement, like a 401(k) sharing plan, can make a big difference. Professionals are thinking not only about their present job but also about what they want to do in the future. Another way to attract people who care about money is to offer tools for financial planning or help with student loans.
Balancing work and life and time off
Paid time off (PTO), family leave, and even sabbaticals are signs that a company cares about the personal lives of its workers. Offering a lot of paid time off and programs to help people handle work and personal life can be the deciding factor for workers looking for a supportive workplace.
A Society for Human Resource Management (SHRM) study found that 70% of workers choose a job based on its paid time off (PTO) policy, especially if it puts mental health and healing first.
Conclusion
Employee benefits are strong ways to attract skilled workers to your company. Health benefits, flexible work schedules, professional growth, financial planning, and a good balance between work and life are all important ways to attract and keep good employees. Your company can stand out in a crowded market and attract the skilled workers you need to succeed by giving them a careful, all-around benefits package.
Our recruiters can help you navigate the complexities of hiring, ensuring you find the right fit for your team quickly and efficiently. They provide personalized support, valuable insights, and effective strategies tailored to your needs. Don’t miss out on securing top talent; contact us at info@sperton.com for professional hiring assistance today!