How Work-Life Balance Impacts Recruitment
Improving work-life balance has been a trending topic for the past few years in HR and recruitment, especially with the introduction of millennials and Gen Z into the workforce – generations that tend to prioritise a healthy work environment over salary.
Whether you are a low-level employee or the CEO of a company, achieving a healthy work-life balance is essential. While many recruiters are now using recruiting software to simplify the recruitment process, this advance in technology needs to be paired with having policies that support work-life balance. The specialist recruiters at GCS Malta discuss how promoting and implementing work-life balance can heavily impact your recruitment process.
How does Work-Life Balance Impact Recruitment?
- Boosts your chances of hiring remote workers
One way of offering more flexibility is by implementing a hybrid work model and allowing employees the option to work remotely. In addition, enabling employees to work from home reduces office costs while promoting your company’s flexibility.
This will give you a competitive advantage since you have widened your candidate pool to remote workers tackling geographical boundaries and enticing workers that prioritise having a good work-life balance.
- Increases employee referrals
Hiring through employee referrals is the most efficient recruiting technique. By offering flexibility and cultivating a rich work culture, employees will spread the word guaranteeing a higher referral and retention rate.
- Improves your employer brand
Fostering a solid workplace culture prioritising work-life balance is a gift to any marketer. Promoting this culture will put your company at the top of millennials and Gen Z candidates’ lists, allowing you to attract and retain top talent. By cultivating a healthy work-life balance, you directly improve your employer brand value.
- Attracts a more diverse candidate pool
Flexibility does not only attract millennials and Gen Z but even working parents, working students and workers who prefer hybrid/remote and flexible hours. Once you have built this reputation, candidates will automatically list your company as their first pick since they will recognise you as a supportive company.
- Boosts overall employee productivity
The main benefit of helping employees achieve their preferred work-life balance is that it will have a great global impact on your entire organisation. A good work-life balance will improve the daily productivity of your workforce while also increasing your employee retention rate since each employee feels refreshed and not overwhelmed with stress.
Why GCS Malta?
At GCS Malta, we value the importance of having a healthy work-life balance. Our exceptional team of recruiters can help you find your ideal job and assist any company with various recruiting matters. Contact us today for more information.
Article by Sarah Jane Gauci