Financial protections for businesses during the COVID-19 pandemic caused a standstill in employment across all industries. While unintended, the effects of these public policies strained employers’ ability to hire and retain the best talent. As those financial protections come to an end, employers must be ready to provide differentiation in the marketplace to recruit the best talent. While compensation, benefits and culture all combine to help attract the most talented employees, an emphasis on certain new and existing benefits is required to win the hiring game for exceptional talent.
According to a recent employee survey, financial security tops their list of concerns. Financial benefits can take many forms, including everything from salary to employer-matched 401(k) plans. To win the recruiting game, the savviest employers should emphasize the following three perks that allow businesses of all sizes to highlight a distinctive sparkle of financial security to employees during a challenging hiring era.
