3 recruitment tips for hiring the candidates your firm needs right now

As financial planners, people are at the heart of what you do.

Your loyal clients return to you time and again because of the skills, expertise, and support you offer. And it’s most likely your reputation for exceptional service that brings new clients through your doors.

So, attracting and retaining candidates who meet your immediate and long-term business needs is key to the success of your firm.

Yet, in today’s competitive job market, this might be easier said than done.

You need an impactful hiring strategy and an awesome value proposition to ensure that the top talent you’re after chooses you as their number-one employer.

That’s why we’ve put our heads together and come up with three powerful recruitment tips to help you hire the key candidates your business needs right now.

1. Define your employer value proposition

The best place to start is defining what sets your firm apart from other employers – your employer value proposition (EVP).

It might help to ask yourself the following questions:

• What makes your company unique?
• How does the compensation you offer compare to that of your competitors?
• What employee benefits do you offer?
• Does your company culture support wellbeing and work-life balance?
• What do your employees value most about the business?
• How do you support career development?
• What are your firm’s goals and values, and how can you align these with your EVP?
• How do you contribute to the local and global community?

This may sound like A LOT. But it’s really just tying together everything you already know about your business – and why you and your team love it!

Remember, attracting the right people isn’t just about the money you offer.

Research published by HR Review found that 88% of UK employees say wellbeing is more important than salary.

So, the key to creating a winning EVP is taking the time to understand what people are looking for from you as an employer.

2. Write clear job descriptions that reflect your hiring needs

With 101 other demands on your time, you might be tempted to dust off an old job description, maybe tweaking the wording here and there.

However, the job adverts you post are often the first impression potential candidates have of your business. So, if you want to attract high-quality applicants, it’s crucial that you get the wording and tone just right.

Crafting a job description that accurately describes the responsibilities and requirements of the role will help you target people who fit your current recruitment needs.

And don’t forget to big up your awesome workplace culture, employee benefits package, and company values. Remember that people buy into the culture and personality of an organisation as much as the nuts and bolts of what their role might be and how much they’re paid.

Keeping your hiring objectives and EVP front of mind could help you create compelling job descriptions that send all the right people your way.

3. Team up with an experienced recruitment partner

As a business owner, the chances are you spend your days spinning lots of plates. From working with clients and keeping on top of admin, to overseeing marketing and business development. Your time is precious – and limited.

Even the multi-billionaire business magnate, Sir Richard Branson, admits to needing a little help from time to time. In a 2015 article published by his company, Virgin, Branson advised fellow entrepreneurs, “You need to learn to delegate so that you can focus on the big picture”.

We agree!

So, teaming up with an experienced recruitment partner could help your firm deliver a consistently excellent recruitment experience. One that will make candidates shout “yes!” when you put an offer on the table.

With this peace of mind, you can focus on other aspects of your business and continue driving towards your “big picture” goals.

The Melo team has a huge amount of experience in recruitment for financial planning firms. We can use our powerful GC Index profiling tool to help you highlight any gaps in your team and target your hiring campaign to attract the talent you need.

What’s more, we’ll be by your side to ensure successful candidates have an outstanding onboarding experience and feel welcomed into the team during their first six months and beyond.

After all our hard work hiring the right people for your firm, we want them to become long-standing, loyal employees!

Read more: Top tips for retaining superstar employees for years to come

Get in touch

If your hiring strategy needs an upgrade, but you’re not sure where to start, we can help.

Drop us an email at hello@melo.co.uk or call us for a chat on 0113 4656 111.