After having a difficult time financially for quite some time, I realized that part of my problem was my personal housing costs. I really began evaluating what I wanted out of a home, and I realized that I needed to shop for a place that would work better for what I needed. I started paying more and more attention to real estate risks, and it occurred to me that I hadn't invested in a smart property. After talking with my real estate agent, I started focusing on changing my ways, and it was incredible to see how much brighter my future became.
As the owner or manager of a business, you understand the difficulty in the process of locating talented recruits. This process takes a lot of time, effort, and money. Well, there may be one particular aspect of the recruiting process that you could be overlooking. You may be looking too hard for top talent in your immediate area. Truth be told, the talent that you are searching for may be outside of your geographical area, which means that this talent may need to relocate in order to become a part of your company's team.
Therefore, you need to consider incorporating corporate housing into your overall recruitment process. In doing so, there is a good chance that you may see a boost in the number of individuals (with the appropriate amount of talent) that are interested in applying for the open positions within your company, and the corporate housing will help make their overall transition easier and assist in building stronger relationships. Read on to learn more.
Attract Top Talent
When it comes to drawing talent to your company, it is all about your workplace atmosphere, corporate culture, compensation and benefits package, and more. However, one of the primary drawbacks is the individual having to relocate themselves and their family to a brand-new city that they may or may not have visited previously.
Due to the numerous potential unknowns, some individuals may be anxious and fearful of a move. However, if you have fully-furnished corporate housing setup, it will help ease any fears that the recruit has and turn their uncertainty around so that they are more interested in becoming a new hire for your company.
Ease the Overall Transition
There are many recruits that are not single; instead, they have a family, whether this is just a spouse, or a spouse and children (or pets), and if they have a family, you must understand that their family is their main concern and their top priority. Sure, moving to work for your company may be the best financial decision, it can be extremely stressful to transition from their current city and home to a brand-new city and home.
Luckily, you can ease that transition with corporate housing. You can provide them with a safe and secure home, which will allow them to settle into their surroundings (including their new job) and find a home of their own without rushing too quickly. You can assist them in learning the city, neighborhoods, etc. After all, with a family, no one wants to buy a home in a bad neighborhood, with a high crime rate and a terrible school district simply because they weren't familiar with the area and didn't have time to do their research.
Build Stronger Relationships
While you may be one of the best managers or owners in the world who treats their employees with the utmost respect—professionally and personally—a new recruit is not going to be aware of something like this. Therefore, from the first moment you contact them through the time they spend with the company, you must show them how committed you are to them and their involvement with the company.
By providing your new employees with corporate housing, you are showing them that you are willing to go the extra mile to ensure that your staff is well taken care of—even before they are fully involved with the company. This step shows them that you are truly value them and that you want them to be comfortable as they make their transition.
For additional information on corporate housing, contact companies like Corporate Relocation Inc.