Britains unemployment levels are at the lowest they have been since 1975, and with this rise in jobs, employers are seeing a palette change from candidates. For people wishing to recruit a new member to their team, be aware the ball is no longer in your court.
Today hopeful employees hold the bargaining power, “candidates are king” in today’s current market. So In 2020 to offer them a less than favourable work package could see you at a loss.
Business advice has teamed up Lee Briggins founder and CEO of CV-Library, who has this to say “it’s important to understand what makes the employee tick and inevitably, how this will impact their decision on joining, or staying in, your company ”
Below he has provided us with an exclusive checklist to help you obtain the candidate of your dreams.
1) Did you write a clear job advert?
This is key.
A staggering 91.6% of candidates scan job descriptions with a strict criteria in mind and 51.7% wouldn’t even apply if the job advert doesn’t include the location, salary, job title or working hours.
2) Do you offer the right workplace perks?
Free tea and coffee do not cut it anymore. As two-thirds of the British public do not receive workplace perks and benefits!
When asked what they’d like to receive, 60% said paid sick leave, 56.6% said the ability to work from home and 41.1% said health insurance.
3) Are you paying fair salaries?
The minimum wage is set to go up. And imaginably a staggering 81.6% of professionals say salary is the most important factor when it comes to finding a new job.
What’s more, is that 74.9% of Brits haven’t even had a formal pay review meeting in the past year.
4) Are you ensuring your employees strike the right work-life balance?
Despite 97.9% of Brits believing that work-life balance is important, over a third of the nation’s professionals admit that they don’t have a good work-life balance.
Allowing your employees to detach themselves from work is important. And this is a step that can be as simple as not contacting them outside of office hours.
5) Have you considered the introduction of flexible working?
Today 27% of people have flexible working options and this is a trend that is set to increase as we enter the next decade.
Over half of professionals (53%) think set 9-5 working hours should be banned and 40.4% would be more likely to apply for a job if it offered flexible working
6) Do you understand what your employees truly want?
Over half (55.6%) of Brits aren’t happy in their current jobs.
And the most common reason is linked strongly to the fact that they are not being paid enough. In addition to these factors such as lack of progression (38.7%) and the poor company culture (33.4%) make for unfilled employees also.
7) Have you focussed on career development?
When asked what their top career priority is right now, 44.6% Brits said that they want to learn new skills.
This beat both securing a pay rise and changing jobs. This reveal in employee trends is a positive one. Your team don’t want to move on to a different company, but instead, be challenged in their current one.
8) Do you consciously tackle workplace stress?
Two-thirds of Brits say their job makes them feel stressed and employees in the social care recruitment and sales industries are most likely to suffer from workplace stress.
And don’t forget to address mental health
74.2% of professionals claim that work is damaging their mental health and a further 52.6% state that their workplace doesn’t do enough to support employees.
Putting the groundwork in to ensure you have a well-cared-for team, is an enticing factor for any new hopeful candidate.
Sign up to our newsletter to get the latest from Business Advice.