Are you winning the War for Talent? Are you using the right weapons? It’s not just about ££
We visited AR Hine Associates’ Alan Hine at his bright and airy office in Bicester this month where he talked with passion about how he saw the current employment market.
“There has been much talk of wages in recent months particularly in the election campaign but as the candidates I talk to will tell you, it’s not all about the money when seeking out future opportunities.
I work with candidates from a variety of sectors. While each group will have its own idiosyncrasies pertinent to industry or location, one thing I am seeing across the board is a changing emphasis on what candidates consider motivators when looking for a new job.
Just over a decade ago, the salary would have topped a list of factors most important when considering a job move. However, in today’s environment I am seeing a much wider variety of options with factors such as work/life balance and training and development becoming equally important.
This reflects the environment in which I now work and employers have to adapt their recruitment and retention strategies accordingly. Being able to identify a remuneration package that conveys the value of an individual is critical in not only securing new talent, but also in being able to retain employees.
Once such factor is training and development.
Candidates working in fast changing environments such as IT and marketing have to respond to the way technology is altering their industries, the new job roles being created and the ongoing need for revised skill sets. As a result, I see a number of candidates in these sectors looking closely at the level of training and development content on offer by future employers.
For others, the adventure and challenge of a new role can be just as important, with candidates requiring detailed information on how flexible their careers will be. But no one would say that their salary didn’t matter – it does, but is now a constituent element of a candidate’s decision rather than the whole. For many candidates it provides an initial benchmark to spark interest. But in isolation, it no longer carries the same degree of importance. Candidates need to understand more of the role being offered and how it will contribute to their career opportunities in the future.”
For advice on winning the war based on 30+ years’ recruitment experience contact Alan…