1) Make it relevant to the job
What will this job require of the employee? If it requires an employee to be on the field, offer fuel allowance. Offer flextime if the job requires the employee to work at odd hours. Think about the demands of the job and what benefits you can offer to make the job easier and more manageable.
2) Customize it to the candidate’s priorities
You’re offering a free gym membership to all your employees but not everyone is utilizing it. Some employees might be too busy with their families to go to the gym. It’s best to ask your candidates and employees what are their current priorities. Then, customize their packages accordingly.
For example, if you have a candidate that is a single parent, offer more parental leave or flextime. You can also offer a health plan for their child.
3) Think about the candidate’s career path
You will have employees that are ambitious and want to continuously expand or improve their skillset. By providing more opportunities for growth, they are least likely to seek it elsewhere. Offer training programs, seminars or workshop to all your employees.
4) Offer unique perks
Nowadays, companies are offering one-of-a-kind perks for their employees. For example, Airbnb gives its employees an annual stipend of $2,000 to travel and stay in an Airbnb listing of their choice. Most retail companies give their employees a special discount on their products or first dibs on sale items. Be creative. Brainstorm with your team on what you could offer candidates that they could not get from other companies.
5) Include the benefits in your job advertisements
Don’t wait until the job interview to inform candidates of the benefits that your company offers. You don’t need to list all of them in the job description but having a summary will attract more candidates. Be sure to include the best aspects of the employment package.
Benefits don’t only attract candidates but improve company loyalty. 60% of employees say benefits affect their loyalty to their employer and 36% say that improving their benefits package can stop them from resigning. Goes to show that salary isn’t everything.