According to recent research, 71% of recruiting decision-makers say it’s hard to provide all of the perks that employees desire right now, owing to a tight labor market.
However, according to a Harris Poll poll for Express Employment Professionals, 80% of decision-makers are “taking initiatives to make recruiting easier,” which include:
- Increasing beginning pay (33%).
- Bonuses for hiring (29%)
- Providing remote employment (27%)
- Providing more perks (27%)
- expanding the regions where they post job openings (21%).
- More internships are being offered (19%).
- lowering qualifying requirements (19%)
Furthermore, 71% of companies stated that they “changed” their perks, such as increasing:
- Paid vacation (32%).
- Sickness (31%)
- Other healthcare incentives, such as gym memberships and mental health services (28%), are available.
Employers reported higher employee turnover as a result of greater compensation or perks available elsewhere (31%). They also anticipate that lack of competitive pay and benefits will be their largest hiring difficulty during the coming year.
