Are you looking for top talent but worried you can’t pay top salary? There are other ways to attract and retain employees beyond offering the highest salary.
More and more employees are looking for things like work-life balance, benefit plans and other “perks” of the job. This is what’s referred to as Total Compensation and it goes beyond just the dollar amount you can offer potential employees.
When putting together your compensation package, you need to start thinking creatively. Do you sell products or services that you can offer your employees at discounted rates? Or do you have working relationships that you can leverage to get your employees deals? Are you in a position to offer flexible working hours or work from home arrangements? All these things can help give your company a competitive edge when recruiting your dream team.
Did you know, GET Payroll Solutions offers compensation reviews and can help you with your total rewards package? Contact us for more info and to set up your free consultation today!