New projects, investments, acquisitions... With organisations quickly recovering from the recession, a war for talent is raging. Especially mid-level and senior finance professionals are hard to recruit. How do you ensure that talent joins your organisation? Offering a higher salary will unfortunately not be enough. Finance professionals currently have a lot of job opportunities and more than half of employers saw some of their top talent leaving in the past year.
No less than 85% of employers are seriously concerned about the shortage of talent. They indicate that finding people with good knowledge of languages, with the right soft skills and specific technical skills are the main challenges. But don't let your exact wish list be a reason to reject a candidate. Invest time and money in creating learning & development opportunities and look at the person in front of you: who are they, what drives them, and what do they want to learn? Where do you see potential?
A lack of career development opportunities proved to be the main reason why talent chose to leave their employer in the past year. It’s important to speak with your current employees, especially in those teams where you’re fighting skills shortages. Set up clear and individual career plans and offer the tools and resources your teams need to be successful. Giving your people the opportunity to develop, to change roles or transfer to another department will keep people loyal to your organisation.
Candidates find corporate responsibility increasingly important when choosing their new employer. Work on a sustainability policy and invest in a renewable and environmentally friendly office. Organise an annual volunteer or charity day to give your staff the opportunity to make a positive impact. Because nowadays, you don't attract talent by just offering a competitive salary.