It is well documented that companies are struggling to hire, with some reports suggesting that over 50% of companies globally are reporting talent shortages. If you are searching for Accounting & Finance talent, a highly in demand skillset, the likelihood of you having difficulty filling an open position is high.
So, what can you do to better attract candidates?
Your Company Mission
A study by Washington State University reported that 83% of Gen Z employees want to work for an organization where they can make a positive impact in the world. Making sure that your company has a strong mission statement that demonstrates the constructive influence that your company, and in turn they as employees, will have can be helpful if when attracting and retaining talent. This does not need to mean the direct product/service your company makes or does (something you have little control over), but could be something your company is doing to have a positive impact on society, or something your team is doing to give back to the community, for example volunteer work.
Offer Flexibility/Hybrid Work
A study by EY found that 54% of employees would consider leaving their job post-pandemic if they are not provided some form of flexibility. Even if you have had a traditionally in-office culture, it is going to be very hard retaining talent and staying competitive in today’s market if you are not offering a hybrid working environment option. Throughout the pandemic, Accounting & Finance professionals have shown that they are able to work remotely and get the job done, so these days it is hard to argue that being in-office is a direct requirement of the job.
Additionally, when offering a hybrid work environment, it is best to come up with a well-laid and clear plan outlining specifically what is acceptable and what is not, rather than just a generic “we have flexibility” statement. This sets boundaries from the outset, so that there is not a misalignment of expectations.
Reviews
Your current employees have opinions about working for you, and there are platforms on which to share those opinions. The rise of websites like Glassdoor, where employees give anonymous reviews of companies, has made this information easier to access for all prospective employees. Additionally, potential candidates can use LinkedIn to reach out to your current employees and ask their opinions about working for your company. So, when it comes to attracting talent, you need to make sure you are getting good press from your current workforce and creating a culture of care that people are proud to talk about and share with their networks. When we are used to Googling everything in the modern world, the experience of working for your company is also something that will be searched and this information is used in the decision-making process. Do you know what is being written about you online? It is worth investing the time to find out.
The above three factors are just some of the ways that you can ensure you are giving yourself the best chance in attracting and retaining the talent you want in today’s competitive market. For more individualized strategies, please reach out to our Dallas Recruiting Firm or 214-501-1040 to discuss your specific needs.
About Ascension Search Partners
Boasting more than 50 years of combined recruitment experience, we know what it takes to deliver the right talent. Ascension Search Partners was founded on the belief that talent acquisition is a true business partnership, and we believe search partners should offer extensive market and functional knowledge, with an in-depth, consultative approach.
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It is well documented that companies are struggling to hire, with some reports suggesting that over 50% of companies globally are reporting talent shortages. If you are searching for Accounting & Finance talent, a highly in demand skillset, the likelihood of you having difficulty filling an open position is high.
So, what can you do to better attract candidates?
Your Company Mission
A study by Washington State University reported that 83% of Gen Z employees want to work for an organization where they can make a positive impact in the world. Making sure that your company has a strong mission statement that demonstrates the constructive influence that your company, and in turn they as employees, will have can be helpful if when attracting and retaining talent. This does not need to mean the direct product/service your company makes or does (something you have little control over), but could be something your company is doing to have a positive impact on society, or something your team is doing to give back to the community, for example volunteer work.
Offer Flexibility/Hybrid Work
A study by EY found that 54% of employees would consider leaving their job post-pandemic if they are not provided some form of flexibility. Even if you have had a traditionally in-office culture, it is going to be very hard retaining talent and staying competitive in today’s market if you are not offering a hybrid working environment option. Throughout the pandemic, Accounting & Finance professionals have shown that they are able to work remotely and get the job done, so these days it is hard to argue that being in-office is a direct requirement of the job.
Additionally, when offering a hybrid work environment, it is best to come up with a well-laid and clear plan outlining specifically what is acceptable and what is not, rather than just a generic “we have flexibility” statement. This sets boundaries from the outset, so that there is not a misalignment of expectations.
Reviews
Your current employees have opinions about working for you, and there are platforms on which to share those opinions. The rise of websites like Glassdoor, where employees give anonymous reviews of companies, has made this information easier to access for all prospective employees. Additionally, potential candidates can use LinkedIn to reach out to your current employees and ask their opinions about working for your company. So, when it comes to attracting talent, you need to make sure you are getting good press from your current workforce and creating a culture of care that people are proud to talk about and share with their networks. When we are used to Googling everything in the modern world, the experience of working for your company is also something that will be searched and this information is used in the decision-making process. Do you know what is being written about you online? It is worth investing the time to find out.
The above three factors are just some of the ways that you can ensure you are giving yourself the best chance in attracting and retaining the talent you want in today’s competitive market. For more individualized strategies, please reach out to our Dallas Recruiting Firm or 214-501-1040 to discuss your specific needs.