What Competitive Benefits Does Your IT Talent Want? Keep Reading.
Posted March 31st, 2020
Without great tech employees, your company may fail to thrive. By understanding what benefits IT professionals want to find, you can position your business as an employer of choice.
With competitive benefits, you typically will have an easier time recruiting top talent. You can showcase your offerings publicly, making them an enticing part of your value proposition.
Additionally, an excellent benefits package can help you reach your retention goals. If you meet or exceed what the competition has to offer, you’ll be a more attractive long-term employer.
If you don’t know what competitive benefits your IT talent wants, here are a few that need to be a part of your compensation packages.
Health Insurance
Medical, dental, vision, and prescription insurance are one of the most important packages you can offer. In many cases, top talent considers these kinds of coverage essential. If you don’t bring them to the table, they aren’t going to view you as an employer of choice.
Further, your health insurance options need to be more than available; they also need to be affordable. If your program costs more than the competition, that won’t go unnoticed.
Retirement Plan
Another core benefit you need to offer is a retirement plan, such as a 401(k). Most professionals want an easy option to help secure their financial future, making a company-sponsored retirement plan with payroll deduction highly desirable.
Additionally, have some form of company-match is also critical. It isn’t an uncommon benefit, so your IT talent usually expects that to be part of the program.
Flexible Work Arrangements
Today’s tech employees aren’t satisfied with strict schedules or workplace requirements. Instead, they seek out companies that offer at least a degree of flexibility.
In some cases, this means telecommuting options. While you don’t need to let IT pros work from home every day, allowing it at least part of the time works in your favor.
Flexible schedules that allow workers to adjust their hours can achieve similar results. It gives tech employees a degree of control over their day and increases work-life balance.
Education Benefits
Nearly all IT professionals attend college, with the majority earning a degree. Additionally, tech professionals usually have to participate in continuing education courses, ensuring they can make the most of emerging technologies or otherwise remain up-to-date.
As a result, most tech employees appreciate education benefits. This can include student loan assistance, tuition reimbursement, company-paid training, or any other programs that make the cost of their education more manageable.
Relaxed Dress Codes
Most tech professionals shy away from employers that have business professional dress codes. Instead, they seek out companies that are more relaxed, either allowing business casual or entirely casual dress while at work.
When dress codes are more relaxed, many employees feel more at ease. Plus, it can serve as a source of self-expression, allowing them to highlight a bit about who they are through their attire.
Contact Bayside Solutions to Learn More
Ultimately, all of the benefits above can be critical if you want to attract and retain top-quality IT talent. If you’d like to learn more about how you can achieve your workforce goals, the team at Bayside Solutions can help. Contact us today and see how our recruitment and retention expertise can benefit you.
