The #1 Influence in Candidates Accepting a Position is Compensation

If you want to land a good employee in 2021, be ready to pay for it.

According to the 2021 Job Seeker Nation Report, the top influence in accepting a job offer was overall compensation, with 38% of job seekers naming it as the #1 priority.

Here are some key takeaways from the report for employers seeking to improve their recruitment and hiring.

Make Compensation a Selling Point

Raising your pay rates is a good start to recruiting top talent. However, paying higher salaries won’t bring in new people unless you make it a clear selling point.

Advertise perks like high starting pay, signing bonuses, and annual raises in your job postings. By being transparent about compensation, you’ll increase your choice of candidates.

Be Prepared for Negotiation

In a business climate that is favorable for job seekers, employers need to be prepared for negotiations when making an offer.

According to the report, 65% of workers say they are “very comfortable” or “somewhat comfortable” with negotiating salaries. This marks a rise of 14 percentage points since 2018.

Invest in the Workplace Environment

Besides increasing pay, one of the most effective ways that companies can improve their hiring prospects is by improving the quality of their offices.

After compensation, the most important factor for candidates considering a position is the company’s location and facilities, including its accessibility. Out of those surveyed, 34% named this a top influence.

…But Be Ready for Remote Work Requests

Even with a well-kept, convenient work location, your company may be able to secure more new hires by offering a remote work option.

74% of workers say remote work is “very important” or “somewhat important” in making the decision of whether to accept a job.

The next time you’re seeking someone to fill a position that was previously office-only, consider whether it would be possible to make it a remote job.

Culture Still Matters

While the material conditions of a job top the list of priorities for candidates when deciding whether to accept an offer, they aren’t the only things that matter. Company values and culture rank as the third most important influence.

For this reason, it’s important that your business maintains a focus on creating and nurturing a positive work environment that aligns with its principles.

Want to Get Started Hiring Top Talent?

To find out how OneSource Staffing can recruit the best candidate to fill your open position in Middletown, NY, contact us today.

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