All posts tagged: employee benefits

Image of a magnifying glass hovering over the words "Dream Job." Surrounding the magnifying glass are clouds, an arrow and target, a CV resume, and a briefcase. - What Do Executive Candidates Look For In Employers?

In today’s job market, employers are competing to attract quality candidates into their companies. Because candidates have more opportunities available to them, it is important for employers to understand what they can do to be distinguished as a viable choice of employment.

Bristol recently posted the results to last year’s Casino Gaming Executive Satisfaction Survey Results, which received a total of 1,363 respondents. Executives were asked to rank six factors from highest to lowest priorities when it came down to choosing their employers. The six factors include: Career Opportunity and Growth; Compensation (i.e. base, bonus, stock, grants, and options); Corporate Culture (i.e. receiving recognition in job, relationship with co-workers and immediate supervisor, company values); Job Security; Location; and Weather and Lifestyle.

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Company Culture illustrated with cityscape superimposed over businessman's torso.

By Kristina Paudler, Director of Hospital & Healthcare Recruitment

Two years ago, “Culture” was Time Magazine’s “Word of the Year.” Today, the term “Company Culture” is pervasive when describing enterprises worldwide.

There are various definitions of Company Culture but most agree on several points: that Company Culture refers to the philosophies, values and behavior that define how a company operates. The company culture can define how a company handles clients, employee benefits, hiring decisions, even the office setup and dress code.

Company culture is extremely important to prospective job seekers. A person’s decision to work for a specific organization usually entails whether or not the company has a vested interest in prioritizing its employees’ long-term goals over immediate success.

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Bristol Associates Employee Benefits Satisfied Employee

Sure, free food, “bring your dog to work day,” and a gym membership may sound like great perks but for most employees, it’s the more traditional benefits that count.

According to a recent Glassdoor Employee Confidence survey, 4 in 5 employees are looking for benefits or perquisites (perks) more than they are looking for a pay raise. The Society of Human Resource Management (SHRM) documented how employee benefits and perks had evolved in the last 20 years in their SHRM 2016 Report on Employee Benefits. While the report states, “Compared with five years ago, more organizations are offering monetary bonus benefits such as employee referral bonuses, spot/bonus awards, sign-on bonuses for executives and nonexecutives, as well as retention bonuses for nonexecutives,” it’s still the non-monetary perks that employees seek.

Bristol Associates reached out to four of their executive recruiters: Jenae Nordman, Peter Stern, Steven Kessler and Kelly Nelson, to get their feedback.

 

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