Attracting the top talent in the finance industry is an excellent way to ensure your business stands head and shoulders above the competition, but how do you do it? While there are a range of successful methods, using several options together is likely to achieve the best results.
Here are our top five suggestions:
Build your employer brand
The top candidates on the market want to be part of a company that they can trust and feel proud of. Itโs not enough to simply state your companyโs values, you have to build your employer brand by sharing them on your social channels. Whether thatโs using renewable resources and promoting environmental protection, or focusing on helping the local communities.
This kind of transparency is hugely attractive to candidates, as it allows them to see exactly what type of business you are, and if your values match. Ensuring your values match is also integral to long-term employee tenure, as an employee who feels aligned with your business is far more likely to stay.
Offer competitive pay and benefits
A high salary isnโt enough to attract the top talent. In fact, many candidates place more value on a range of perks and benefits. For instance, some surveys rank flexible working higher than salary as a key benefit, which should highlight its importance to your people.
By showing an employee youโre invested in them, theyโll also be more invested in your business.
Focus on skills, not just degrees
Limiting your applicants to those who have degrees can prevent you from accessing some truly incredible talent. The best person for your business isnโt always a university graduate, and many suitable employees can easily learn on the job or are self-taught.
Instead of focusing on applicants with degrees, look for those who have the skills and personality traits that match your company and culture. Those who do will be motivated to work harder and may even produce better results than those with degrees.
Work with a recruitment agency
Recruitment can be a long and expensive process, itโs only natural to want to shorten it as much as possible. Rather than hiring the first suitable candidate, working with a specialised finance recruitment agency can give you instant access to the top candidates in your field.
These recruitment specialists are also aware of how to refine your recruitment strategy so that you find the right person for the job.
Use the right tech
Another way to accelerate the process and keep your candidates engaged is by using the right tools.
If you have a large number of applicants, youโll need a way to filter them to a more manageable level. Certain AI screening tools can help sift through the data, looking for specific and relevant skills key to your open position.
Additionally, you can use an automated interview booking system to ensure applicants can interview at their earliest convenience. This can dramatically shorten the process, and means that youโre much more likely to keep a candidate engaged through to completion than if they had to wait for months on end.
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