When it comes to recruiting and retention, offering a competitive salary and benefits package is a solid start. But in today’s labor market—where experienced accounting and finance talent is a hot commodity, but not exactly in great supply—don’t assume that generous pay, health benefits and a 401K is ample ammunition to assemble your best workforce. It’s far more complex than that, and it starts with your company’s culture.
Culture is a major contributor to recruiting and retention. A positive culture with happy employees is palpable and rubs off on interviewees—both online and in person. It also cultivates employee health and engagement, and when engagement is high, retention is high. In fact, according to the Hay Group, companies that engage employees can reduce voluntary turnover by 54%!
What’s next? How do you improve your company’s culture? How do you establish a positive environment that attracts and retains talent? Our infographic shows you how with four important steps: