Anyone looking to grow their team in today’s world has a lot of hurdles to jump over. It’s a fiercely competitive market. Millennials aren’t staying in one job for long due to the never-ending opportunity today has to offer. Here’s a handful of smart strategies to consider when wanting to win over top talent.
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ATTRACTING TOP TALENT | HOW TO RETAIN & IMPRESS THE BEST IN A COMPETITIVE MARKET
1. IMPRESSING TOP TALENTH O W T O A T T R A C T , E N T I C E A N D K E E P T H E B E S T .
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2. “Anyone looking to grow their team in today’s world has a lot
of hurdles to jump over. It’s a fiercely competitive market.
Millennials aren’t staying in one job for long due new
opportunities constantly arising.
The
greatest
wastes are
unused
talents and
untried
ideas
HEY, THERE!
- The Compass Crew
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3. 57% of candidates report benefits and perks being
among their top considerations before accepting a job?
D I D Y O U K N O W
4. 80% of employees say they would prefer new perks
over a pay rise?
O R T H A T
5. Here’s a handful of smart strategies to consider when
battling to win over top talent…
6. Travel opportunities themselves are a huge incentive. In an
age of adventure, people now more than ever want to travel
as much as they can. Allowing your workers to become mini
“road warriors” boosts morale and confidence within your
team.
What many companies fail to see is the importance
of time FLEXIBILITY…not just its OPPORTUNITY.
TRAVEL FLEXIBILITY
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7. So, what do we mean by flexibility?
Let’s say there’s a 5-day business trip. It’s very common for
business travelers to extend their trip, bring their families, and
make the most of travel opportunities when they come up.
Travel experiences, growth, and family togetherness is a great offer
for anyone. Being open to this kind of flexibility will create a
constant excitement and appreciation within your company,
especially from top talent.
TRAVEL FLEXIBILITY
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8. We’ve covered travel. Now, it’s time to talk accommodations.
You need to be different. Allowing your team to have more comfortable
and realistic travel experiences is how you make a statement. Setting
up stays in furnished apartments (instead of overpriced, cramped hotel
rooms) differentiates you from competition, sets your team up for
success, and tells your employees that you value them as a person, not
just as a worker.
UNDENIABLY BETTER
ACCOMMODATIONS
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9. CAREER DEVELOPMENT OPPORTUNITIES
People want to work in welcoming environments that allow them to be successful and fulfilled, right?
Make sure they know your investment in them as an individual. They are more than just their role. You need to show
them that you’ll give them all they need and then some. If there’s a conference or event coming up that will help them
grow professionally, buy them a ticket! Helping a prospect (or current employee) develop through coaching, mentor
programs, and one-on-one meetings will let your company stand out.
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10. “GIVE BACK” MENTALITY
What’s something about your company that’s different from the rest?
Passion? Sense of togetherness? Good snacks?
As a company, you’re in a position to connect people and
belong to something bigger. Whether you give days off for
volunteer work or start fundraising for certain causes, showing
the compassion behind the brand builds trust.
Yes, they’ll be starting a new job, but they’ll also have the
opportunity to give back in a way they never did before.
Did you know: When a crew member donates money to a charity, Compass matches up
to $200. These small, “giving back” initiatives connect our team on another level, way
beyond business!
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11. ANIMAL FRIENDLY
WORKPLACE
ABOUT US
Some situations are unavoidable. When you have a
pet and something goes wrong, schedules misalign,
etc., the last thing you want is to be stuck in a
tough situation with work. You don’t want (or
sometimes can’t have) your animal alone inside all
day. Having an animal friendly workplace will put
prospective employees priorities in line. Your
company is willing to fit their lifestyle’s needs better
than others would.
(Besides, having a pet in the office boosts morale!)
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12. When people relocate, they have a million things to worry about.
Where will I move? Am I responsible for finding a place? How do I get my
kids enrolled into a new school system? I didn’t know I had to do
anything with my visa or get vaccines…how do I do that? What do I
need to do at the DMV?
Relocating gets very stressful, very quickly.
Being partnered with a relocation company or having set relocation
services in place is vital if your top talent needs to move in order to join
your team.
RELOCATION SERVICES
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13. Not many people know all that goes into relocating. Once
adding the stress of starting a new job, it’s even more
overwhelming!
Remember: You might not be the first offer they’re receiving. Maybe
there’s another company NOT willing to help with their family’s
relocation. Or, maybe another business wants them, but your
relocation opportunity, along with the seamless process and guided
assistance you provide the prospect with [while they move] is the
reason they decide to take the risk!
RELOCATION SERVICES
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14. Here are some extra statistics and added stressors employers
tend to overlook when it comes to relocation services…
15. The cost of an unsuccessful relocation can cost a company over
$65,000.
Yikes.
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16. 75%of failed relocations are due to the family not settling in and
adapting to their new environment.
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17. 65%of people say that their spouse’s employment nearly always directly
affects their decision whether or not to relocate.
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18. Show top talent that you invest in work-life-balance.
Offer a stipend for a gym membership or even set up remote work
options to accommodate parents or attract talent from a wider
area. Fun perks like happy hours or office-wide contests may
attract great talent and cultivate office culture, but lifestyle perks
make the job more compatible with life outside of work.
While they do require more initial investment, the cost of implementing
a few lifestyle perks is far less than the cost of a high rate of
turnover…or poor office morale. Don’t you agree?
LIFESTYLE PERKS
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19. Let’s not forget the obvious. Things like health insurance, 401(k)
plans, schedule flexibility (like being able to pick up kids from
school or work from home if needed), and PTO (that is actually
PTO, with no expectations to still check and respond to emails), is
what top talent wants.
The
greatest
wastes are
unused
talents and
untried
ideas
BENEFITS
Knowing your next (possible) job not only understands, but
implements and appreciates work/life balance, flexibility, and
offers holidays off is still more valuable than you think.
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20. G O O D L U C K !
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YOU GOT THIS!