Recruiting and retaining staff in an applicant’s market

Vertical-Recruitment-Salary-Survey-Wellbeing-Blog

Our recent salary review highlighted some interesting trends in the benefits employees consider most important.

Work-life balance, the daily commute and variety of work ranked highly, above a bonus and benefits for many, suggesting a new focus on lifestyle factors and wellbeing. Five of the nine disciplines we surveyed also placed flexible working in their three most important benefits yet, interestingly, only two out of the nine disciplines are given the option to work flexibly.

We have observed, first hand, this shift in candidate expectations and often see how some of the traditionally ‘softer’ benefits are key to recruiting and retaining staff. With the property and construction industry experiencing an applicants market, companies increasingly find themselves looking for creative ways to attract staff.

We have selected some of Britain’s best companies* to work for and look at the interesting ways in which they take care of their staff.

Commercial Interiors, Fourfront Group’s aim is to employ the best people in the industry and they work hard to attract and retain them. Employee benefits include a training budget three times the national average, a ‘Women in Fourfront’ initiative, which supports female career progression and an annual two-day paid trip abroad for the whole company.

Engineering Consultants, Hydrock, offer staff a £200 annual healthy living bonus to go towards health and fitness activities whilst Tony Gee and Partners LLP allow their staff to buy and sell up to five days leave through their holiday scheme.

Construction and development firm, Lindum Group is the only Construction company listed in the Sunday Times Best 100 Companies. The family run organisation promotes work-life balance through flexible working and wellbeing initiatives and rewards employees with a staff share scheme which sees them receive 10% of the company profits each year.

Simply Business is the Sunday Times number one company to work for. They take what they call an agile approach to business with employee benefits and experiences designed to suit the individual. ‘Pick n Mix’ benefits, flexible working, tailored career paths and autonomy mean that 90% of their staff would not leave for another job.

As the links between employee happiness, wellbeing and productivity grow stronger, we expect to see many more companies taking action to become a go-to employer.

You can download the full salary review here.

Are you a North West Property and Construction company offering unique employee benefits, why not tweet us @VerticalRec

*The Sunday Times Best 100 Companies