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The non-financial benefits that help attract IT talent

Posted: 23 Jan 2019

The non-financial benefits that help attract IT talent

Salary is always a key consideration for potential employees, however in the IT sector non-financial benefits are also very important.

For some employees, benefits such as flexible working or the opportunity to advance, can be as motivating as financial rewards. Moreover, non-financial benefits often make for happier employees which, in turn, can help employers improve their staff retention.

Traditionally, non-financial benefits included perks like health insurance, tuition reimbursement, travel compensation, training courses, and the opportunity to gain industry certifications. Today, alongside these benefits, employers also focus on lifestyle enhancing benefits.

Examples of non-financial benefits

Examples of the types of non-financial benefits currently offered by Irish organisations can be found in Ibec’s HR Update Report, 2018. Over eight out of ten respondent companies (81%) provide financial support for education or training. Around two-thirds provide professional institute membership, bonus payments, flexible start/finish times or paid study leave. A very small percentage (2%) contribute towards the cost of childcare for their employees, and 1% provide a dedicated shuttle bus services for commuters to their location.

Flexible working

Ibec found that flexible work location/remote working is currently in place in 44% of respondent companies and is a key element of many companies’ approach to assist recruitment and retention of talented staff.

“From an employee perspective the availability of remote working mitigates both the expense of commuting and the time required to travel between home and office, particularly where distance is an issue. Further underlining the importance of flexibility, flexible start/finish times features strongly in companies (63%) with evidence of companies seeking to improve the availability of this particular benefit,” Ibec’s report states.

In the IT sector, flexible working can open up opportunities for individuals who might not otherwise be able to participate in the workforce.

Other non-financial benefits

Eolas Recruitment experience suggests that employers who provide coaching and mentoring, training and development, and clear career progression paths enjoy an advantage when it comes to recruitment and retention.

Recognition and a good team atmosphere are also important. The ability to get on with co-workers is very important to both employers and employees. No one wants to work in a bad atmosphere so employers needs to nip problems in the bud and focus on maintaining a good team atmosphere. This can help reduce attrition rates.

Opportunities to volunteer and contribute to society, career progression opportunities, formal and informal recognition schemes also appeal to some employees.

How Eolas Recruitment can help

In a dynamic sector like IT, there will always be movement as talented individuals develop their careers. Building a good relationship with a specialist IT recruiter such as Eolas Recruitment can enhance your ability to attract and retain employees. Our knowledge of industry trends and the salaries and non-financial benefits being offered by your competitors can help you enhance your offering for potential hires. The better we get to know your business, the better we understand your current and future requirements.

We know that helping you hire the right person for the right role saves you time and money in the long run. Check out our client testimonials and online reviews or contact us for more information about our services.

 

 

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I had an amazing experience with Eolas Recruitment. Alan Kane and Peter Kirby were a pleasure to work with. They made each step of the recruiting process positive and FAST! I was very impressed with their approach. Alan and Peter were incredibly responsive and gave me great tips to make sure I felt prepared and confident going into my interviews. I'm super excited for my new role and all thanks to Eolas Recruitment for helping me get here with their support and guidance.
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I want to extend my thanks to Alan and Eolas Recruitment for their support and expertise. Alan reached out to me about a potential job I would be interested in, he guided me through the entire process and ensured I was prepared. The level of professionalism and dedication were evident throughout. I am immensely grateful for their help in securing this opportunity. Highly recommend!
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I had a great experience with Eolas Recruitment, especially with my recruiter, Caoimhe Cronin. She was super helpful and professional throughout the whole process. She checked in regularly to see how I was doing and offered any assistance I needed. She also gave me some great tips on how to prepare for interviews. I appreciate her positive attitude and support. Even after I got the job, she was still available to answer any questions. I would definitely recommend Eolas Recruitment to anyone looking for a new job in IT.
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I had an absolutely wonderful experience with Eolas, and I am immensely grateful for the outstanding support and assistance provided by Sean Prendergast. From the moment I engaged with Eolas, Sean has been an incredible resource and advocate, ensuring that my journey with the company was nothing short of exceptional.Throughout the entire recruitment process, Sean's professionalism shone through. His expertise and guidance were invaluable in helping me navigate every step, from the initial interview to securing the position. His attention to detail and commitment to understanding my career aspirations made me feel truly heard and valued as a candidate.I highly recommend Eolas to anyone seeking professional recruitment services. Their commitment to excellence, attention to detail, and genuine care for candidates make them a standout choice in the industry. My experience with Eolas was truly outstanding, and I am confident they will continue to assist many individuals in their pursuit of fulfilling careers.A heartfelt thank you to Jim Ryan, the Managing Director of Eolas, for his exceptional leadership and support.
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Nicola was very helpful and professional throughout the recruitment process. She answered the many questions I had in a clear and concise manner. Overall great communication throughout.
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My dealings with Nicola as a senior recruiter was one of the best experiences I’ve had in my years of engaging with recruitment agencies. Nicola’s professionalism, courtesy and friendly manner was refreshing. I highly recommend Nicola as a recruitment partner. David
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I dealt with Nicola Byrne whom I found to be excellent, particularly in keeping me up to date and staying in contact. I would recommend Nicola and Eolas to anyone seeking a new role.
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I had the pleasure and good fortune of working with Eolas and Peter Kirby in particular. I was matched to a role that is the perfect fit for me. Peter Kirby and Caoimhe Cronin made the recruitment process seamless. Fast, efficient, helpful, courteous and friendly. I have no hesitation in giving Eolas my highest recommendation, definitely deserving of a 5 star!
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