No matter what economic conditions may be, recruiting financial professionals is always a challenge. Their skills and experience are in demand and that demand is only growing. The US Bureau of Labor Statistics predicts employment in finance to grow 5 percent from 2019 to 2029. You’ll need a strategic and targeted approach to identify and attract the right talent to your organization.
What recruitment strategies can you employ to compete for top accounting and finance talent?
Become an Employer of Choice
Establishing and communicating a brand that shows your organization is a place where people want to work can go a long way toward attracting candidates who will be the right fit. Update your website with images and copy that shows the diverse array of people who work there and communicates your mission, vision and goals. Participate in community events to get to know people on an informal basis and demonstrate your commitment to the areas you serve. Offer perks such as remote work or flexible hours if possible. Leverage your brand in your communication strategies.
Encourage Employee Referrals
Current employees are often your best source of new candidates. If they are happy working for your company, they can share their enthusiasm with friends or professional colleagues. Referrals are often the most reliable source of talent. It’s in current employees’ best interest to refer reliable, experienced people when they’ll be sharing the workload.
Grab Candidate Interest With Intriguing Job Posts
Too many employers simply cut and paste job descriptions into their job boards rather than using engaging language. Remember that job posts are advertisements first. Use them to market your company and the position to your ideal financial candidates.
Recruit for Soft Skills for Best Fit
Not all financial jobs, or financial professionals, are the same. Be clear in your advertising and your recruiting efforts to attract those most likely to succeed. Will they be working in a team environment or independently? Will they be expected to thrive in a fast-paced environment? Do they need strong communication skills or to adapt to cutting-edge technology? Expectations and environment should never be a surprise.
Focus on Retention
The best strategy is holding onto the people you have. Retention can prevent institutional knowledge loss, boost productivity and save money. Focus your efforts on keeping your current financial employees happy and soliciting referrals from your best people.
Add Diversity To Your Recruiting Strategies
Increasing diversity can also improve your company’s success. It gives you a broader base to recruit from and can help to prove your company and contribute to your position and a preferred employer. Increase recruiting diversity by joining organizations such as the National Minority Supplier Development Council or National Association of Black Accountants, Inc., or partnering with Historically Black Colleges and Universities.
Work With A Specialized Recruiter
Generalists often employ one-size-fits–all strategies and don’t understand the nuance of the finance field. A specialist will understand the terminology, have industry connections and know how to find you the right talent even in a competitive market.
Partner With The Panther Group
As experts in finance recruiting, Panther knows what it takes to compete for top talent. Let us help you find and attract finance professionals who will thrive in your organization and have a positive impact on your organization. Contact us today.
Call 855-899-JOBS (5627)