Workers looking for better pay and benefits

(2 minutes to read)

Robert Half: ‘It’s clear that candidates are very aware that they hold the power. Employers are going to need to seriously rethink their attraction and retention strategies to contend with the changing wants and needs of today’s workforce without breaking the bank’.

A new survey has revealed that job seeker confidence is at an all-time high with nearly half of workers looking for a new job.

The Robert Half Candidate Sentiment Survey found that 43% of those job hunting are doing so for a better salary. Other motivations include better benefits and more flexibility.

Twenty-eight per cent said that their current employer’s benefits system wasn’t competitive with others in their field, while 72% believe that companies need to offer more flexible working arrangements in order to retain them.

Matt Weston, Senior Managing Director UK & Ireland, at Robert Half, commented, “Candidate confidence is at an all-time high which, in a recession, is unheard of. However, following a year of skills shortages that have yet to be rectified and with a cost-of-living crisis a key concern for workers, it’s clear that candidates are very aware that they hold the power.

“And with so many people looking for a new job with better pay, employers are going to need to seriously rethink their attraction and retention strategies to contend with the changing wants and needs of today’s workforce without breaking the bank.

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“This should include reviewing training & development offerings, ensuring there are tangible career development opportunities and that Diversity, Equality and Inclusion and ESG strategies are appealing to today’s workers.

“Employers are already facing a mass talent exodus and to avoid this worsening, more needs to be done to ensure existing staff are retained. And while we know from our Salary Guide data that counter offers are seen as a short-term fix to retain talent, simply throwing money at a problem is never going to help employers’ talent woes long term.

“The Candidate Sentiment Survey clearly shows that, while salary is king for candidates in the current climate, flexibility and other benefits are also important for workers and must be an integral part of companies’ retention strategies in what will be a tough hiring landscape this year.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £105 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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