Making Sense of Record-High Unemployment for Finding Your Next Superstar

Sep 25, 2021

Sean Dowling, Vice President, KBW Financial Staffing & Recruiting

KBWFinancial Team sean dowlingDuring this time of high unemployment due to COVID-19, you may be wondering why few candidates are responding to your job postings for a finance role. Some may be concerned about exposure to the coronavirus through an onsite interview. Other candidates may not want to leave their homes to go to work. Or, they may be putting off their job search until more opportunities open up. Because you need qualified candidates to apply for your finance positions, show that your company prioritizes health and safety and rewards employees for being part of the organization.  

Consider using one of these methods to find your next finance superstar.

Increase Salary and Bonuses 

Include a bump in salary, a signing bonus, and employee referral bonuses with each job offer. Being able to earn a greater income than previously offered is attractive. Seeing that your company puts its employees first creates a positive work culture.  

Share Your COVID-19 Plan   

Mention in your job postings your company’s action to minimize the risk of exposure to COVID-19. These procedures may include reminding everyone to stay 6 feet apart, staggering the days that team members are in the office, enforcing a face mask policy, and increasing deep cleaning procedures. Your interview process and onboarding may be completely remote or have limited in-person interaction. If you require onsite interviews, explain how you enforce social distance requirements, avoid handshakes, ask candidates to fill out a symptom questionnaire, and require temperature checks. If part of your onboarding is in the office, mention how you maintain at least 6 feet of space between employees and typically communicate by phone, email, or text.   

Focus on Perks  

Show your commitment to employee well-being by providing perks that support employees’ mental, physical, and emotional health. These may include access to online therapy sessions, telemedicine services, or increased paid sick leave. Consider offering financial wellness programs, childcare assistance, or meditation apps. Or, provide grocery delivery stipends, memberships to Spotify or another streaming service, or subscriptions to online fitness classes. 

Emphasize Career Opportunities 

Point out career paths available throughout your organization. Mention how there is plenty of room for advancement and salary increases. Share how you prefer to hire internally for certain roles, especially those higher up in the organization.   

Work with a Leading Staffing Firm 

Find your next finance superstar by partnering with KBW Financial Staffing & Recruiting. We match you with candidates with the right mix of skills and experience to reach your business goals. Learn more today. 

About KBW Financial Staffing & Recruiting

KBW Financial Staffing & Recruiting is the leading provider of staffing and recruiting services in the areas of finance and accounting. Since 2005, KBW has provided thousands of clients with temporary and direct-hire staffing services throughout Greater Boston, New Hampshire, and Maine.

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