Do you ever wonder why you always hear about certain companies attracting the best talent in their industry, and wonder why your company isn’t doing as well? There are a few key attributes, qualities and processes that companies who attract the best employees have.
1. A strong search and selection strategy
You should have a strategy in place to be able to find the talent you want to attract. They will not always come to you. Dedicate internal resources to search for talent using resources such as online databases together with print and online advertising. Utilise social media. Also consider the use of specialist agencies who know where to find the talent you are looking for.
2. Attractive salary packages
The number one motivator for the majority of employees is salary. This is an undisputed fact. Use salary surveys to determine market rates for positions and make sure you are competitive. Mercer general market remuneration is a solid reference.
3. Work-life balance and flexible work arrangements
The number two motivator in the majority of employee engagement surveys is work-life balance and flexibility. Driving your employees on results rather than hours worked is more attractive to employees and the bottom line.
4. Induction programs and mentoring arrangements
These are not only critical in engagement but also attraction. Companies build reputations as an employer of choice, and first impressions count highly. They are also two of the most commonly discussed offerings on company workplace review websites like Glassdoor.
5. Training and development opportunities
Top talent wants to grow, develop and progress. To do that, they will seek out companies that can foster progression to the top.
6. A positive brand and business reputation
PR and brand awareness is your organic and natural attraction tool in local, international and social media communities. One of the first steps is to see how you are perceived. You can do this by internal employee engagement surveys or by referencing websites such as Glassdoor.
7. A strong leadership team
Create a tribe. One of the best books I have read is Tribes by Seth Godin.
Want to benchmark your employee value proposition against Sydney market leaders? Get in touch with Byron Thomas Recruitment and we can help you attract the talent your business needs.