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Want to stand out among candidates in your job listings? Make sure to advertise your employee benefits offerings. According to The Society of Human Resource Managers (SHRM), more employers are heeding that advice. Listing benefits in job postings is a worthwhile practice to attract and retain employees. Although this strategy applies to all benefits, listing health care coverage, retirement, and paid time off is essential. Law firms are increasingly challenged with attracting and retaining talent and see the value of offering comprehensive benefits as a critical component of their people strategy.
Non-Traditional Employee Benefits
Numerous surveys have found that employees are looking for a variety of benefits. A study by Ovia Health, a family healthcare provider, revealed that 73 percent of employees said they would leave their jobs for better family benefits. Examples of non-traditional benefits companies include in their job postings are mental health support programs, wellness stipends, professional development opportunities, childcare assistance, flexible work arrangements, subsidized gym memberships, student loan assistance, and diversity and inclusion initiatives.
Specific tactics and strategies that companies can employ to advertise their benefits in job postings include:
- Writing detailed and compelling benefit descriptions.
- Highlighting unique and non-traditional benefits.
- Integrating benefits information into the company’s overall branding and messaging.
- Utilizing visual elements such as infographics or videos to make employee benefits clear and understandable.
Why Employee Benefits Matter
The drive and dedication to becoming a successful lawyer can cause stress and burnout. Success in the legal industry is often determined by billable hours. Therefore, because working excessively is part of the norm, this makes the profession ripe for turnover. In today’s modern workplace, firms that can reduce stress are better positioned to thrive. Employee benefits are one place to start.
Employee benefits are no longer just an added perk. They are essential in attracting and retaining top legal talent in the highly competitive legal industry. Within the next three years, the demand for specialization is expected to rise, and with that, the decline of generalist legal work. With this evolving landscape, it’s clear that law firms need to provide comprehensive benefits packages that show their commitment to their people’s well-being and help create a positive and supportive work environment.
Benefits as a Competitive Advantage
Law firms offering comprehensive compensation/benefits packages succeed at attracting and retaining top legal talent. Also, when companies invest time and money to ensure attorneys and support staff feel supported and valued, everyone wins.
Finally, in addition to compensation (which typically include bonuses, profit-sharing, or stock options), additional benefits could also include:
- Robust health and wellness packages
- Insurance benefits
- Work-life balance benefits
- Professional development opportunities
- Financial planning support
Strategic Recruitment Solutions has been at the forefront of connecting top-tier Legal and IT talent with leading companies for a decade. Moreover, our success is rooted in our executive recruiters offering unparalleled industry insight and guidance, facilitating growth for companies and careers. At SRS, we go beyond traditional headhunting. Finally, we match employers with direct-hire positions that align perfectly with employee skills, talents, and career objectives. Contact us today at (888) 366-6508 or message us to get started.