Executive Summary
- Compensation and benefits remain the top factors candidates weigh when accepting a job offer, even as post-pandemic hiring norms continue to shift.
- Isolved surveyed more than 1,000 full-time U.S. employees across industries to gauge what today's job seekers expect from employers, citing the shift toward remote work and the "Great Resignation" as key drivers of change.
Compensation and employee benefits still take the forefront of what potential candidates for your business look for in a job offer, but what else plays a role in their decision to accept a new position?
How to Attract Job Applicants
We are living in the “new normal” that everyone talked about back when COVID-19 first caused disruption. Employment practices, hiring strategies, and simply running a business will never be the same. In order to continue to attract job applicants, companies need to know what they should be including in job offers and job descriptions.
What to Include in Job Offers
Although this new normal varies based on what industry your business thrives in, where it resides, and the actual nature of your business, everyone has experienced a change in their day-to-day routines. Leadership teams and managers have had little choice but to shift their focus from maintaining the business to improving the employee experience.
What the Research Says
Research indicates that the focus on employee engagement is a result of the increasingly common trend of remote work environments, as well as efforts to improve retention rates and combat the Great Resignation.
While a modern hiring and onboarding solution is a great starting point to improve employee attraction and retention, employers need to know what potential new hires are looking for in their job search.
Isolved surveyed more than 1,000 full-time employees working across a variety of industries and regions in the United States, in order to help employers gain a better grasp of the expectations that lie in the talent pool.
To learn more about how Payday HCM is helping countless businesses help hire and build top-performing workforces, contact us today.
Frequently Asked Questions (FAQs)
Q: What do job candidates look for most when evaluating a job offer?
Compensation and employee benefits remain the top factors candidates weigh, though the article notes other elements of the "new normal"—like flexibility and employee experience—increasingly play a role too.
Q: Why has employee engagement become a bigger focus for employers recently?
It's largely tied to the rise of remote work environments, along with efforts to improve retention and counteract the Great Resignation.
Q: What's a good starting point for improving hiring and retention?
A modern hiring and onboarding solution is called out as a solid starting point, paired with actually understanding what today's candidates expect from a job search.
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