How to attract top performers in finance?

The finance department is playing an increasingly important role in defining the business strategy of the company. Especially the more senior-level employees and managers will be heavily involved in the decisions on which investments and financial planning options would maximise growth and profitability.

Companies that are able to recruit good finance professionals who can help to drive up revenue, have a competitive advantage. However, good Financial Accountants, Tax Specialists and other financial specialists are not easy to find.

It is essential to realise that a good salary is important, but not the main driver for talented candidate. You need to offer them more than a job. You need to offer them the next step in their career.

What should companies do if they want to attract the best candidates? We´ve listed the most important

Offer flexible ways of working

If it´s up job candidates remote working will become the new normal. According to research by PageGroup the majority would like to have the possibility to work remotely. But this also brings new challenges.

Invest in your company culture

Aside from salary and pension schemes, employees have become increasingly interested in company that respond to their personal circumstances or family situation. Especially younger generations tend to look for companies that are socially responsible. Many companies therefore also offer candidates the possibility to participate in volunteering projects to give back to society.

Offer development opportunities

As an employer it´s important offer up a personal development plan, tailor made to the needs of the candidate. If candidates can’t see room for progression with a company, they are unlikely to choose your company over the competition. Training & development is also key if you want to retain you best people. Ensure your employees are able to attend training courses and gain more skills whilst working with you, they will feel fulfilled in their role and are less likely to look for employment elsewhere

Implement a flat hierarchy

According to many studies among millennials (those who reached adulthood around the turn of the century), the absolute majority prefer a flat, transparent and flexible way of working. That´s why it´s important to offer future employees a high level of autonomy. You´ll just align on the results, and how they get there, is up to him or her. That way you make clear you fully trust the candidate is going to do a great job.