The Disparity in Benefit Preferences of Male And Female Employees

A growing number of young employees and job seekers are drawn to companies that offer the ideal work-life balance benefits. Marketing Strategist firm Fractl published their 2017 study, covering several aspects of benefit considerations among the employed and job-seekers. One noteworthy aspect of their study is the result of the top preferences of male and female employees. And as expected, the result showed distinct choices of 2,000 respondents.

Competition among businesses in attracting and retaining the best talents possible is tight, and offering a wide array of benefit packages is a sure way of getting the right people in the team. As women continue to penetrate to once male-exclusive workplaces, companies adjust to the needs of their increasing female employees. Plus with the growing health concerns of the population, investing on the best bargain of insurance and fitness programs is becoming a must. These only show that other than the compensation, people want to have the best bargain by getting a good pay and enjoyable perks.

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The Top Choices

Free fitness or yoga classes top the preference chart of women, while men prefer team bonding activities, company-wide retreats and weekly free employee outings. We could somehow infer that female employees are more conscious of their well-being compared to men. However, a similar perk comes in fourth on the list for men. On-site gym facilities are also getting more common as staying fit and healthy is encouraged. Fitness tracking or calorie-measuring apps and devices are provided to reinforce health programs.

Perhaps bonding with colleagues is more preferred by men because this is how they unwind, say after a day’s work. Whereas women’s way of distressing is through workouts and meditation. Regardless of the reasons, these benefits are nonetheless low-cost, though costly health care insurance still tops as the most desirable and attractive benefit to employees and job seekers.

Paid Parental Leave

This turns out to be a surprise when paid parental leave is highly preferred by women but not by men, for a growing number of companies offer paid paternal leave. We suppose women rely on the generosity and discretion of their employers when it comes to this issue, as the government is yet to legalize paid parental leave this year through the Family and Medical Leave Act. While there are those who already enjoy this entitlement, this is still deemed as something exclusive to corporate workers.

In line with this, women would also want their companies to provide free day care services. In fact, day care services is a growing industry in the United States, since both parents often work and this allows them to save compared to getting a nanny to look after their children.

With the gig economy, people are now into flexible hours or work-from-home options to have more time for themselves. Their entering the ranking is not much of a surprise as women are more burdened by the affairs of their household compared to men.

Vacation Allowances

As we can see, vacation-related benefits are mostly preferred by women but are undeniably desirable to the general public. Conforming to the work-life balance principle of this generation, this benefit has been adapted to promote a guilt-free time off.

Extended vacation periods are being implemented by a few small and medium-sized companies. Unlimited vacation time went under the spotlight when media giants Netflix and LinkedIn adapted this. However, this works best given in a controlled premise and open communication between the employee and employer.

Many still raise their brows when long vacation breaks are made to become the answer to decreasing productivity and burnouts. Although many would contest the benefits of extended time offs, there are also companies that express their satisfaction seeing their employees produce better results after. There may be some promising results brought about by this policy, but surveys continue to show that not all workers avail this, especially women.

In a survey conducted by Glassdoor, only 44% of the female respondents claim they’ve used up their vacation time, compared to last year’s 46%. According to some respondents, several reasons like dedication, guilt, and fear of being replaced hold them back from availing all their vacation time and this thinking is more common among millennial women.

Educational Assistance

Financial loans and assistance for employees are becoming widespread in various sectors to encourage further studies and pursue higher degrees, other than to retain employees. Furthermore, it also gives the company an advantage with the workforce’s increasing knowledge and expertise through continuous education. While this is clearly ideal for everybody as tuition fees unceasingly increase, only the female respondents heavily considered these grants in the study. Moreover, the study further stated that while many companies offer this benefit, less than 5% of employees take advantage of it.

A total of 40% of female respondents find these perks appealing and could draw them to apply to companies that offer these even if they’d be compensated lower compared to other prospects.

What are the 5 Major Advantages Of Hiring Engineering Job Consultants?

Mechanical, electrical, civil and chemical engineering are the 4 major branches of engineering, and there is no dearth in such jobs. However, for engineering companies and organizations, it is tough to find qualified engineers who are hirable and skilled enough to serve business needs for the long term. This is where Engineering job consultants Kolkata come in. With their experience and expertise, these professionals are able to close the gap between skills and vacancies, and attract the right talents to the right jobs. Find out about 5 of the top advantages of hiring these agencies.

Best screening and recruitment processes

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Engineering placement consultants in Kolkata use proper tests, tools and interviews to assess whether candidates can understand the job responsibilities expected of them and the requirements of the business. It is well known that consultants follow a stepwise process of calling, screening and choosing skilled candidates who are qualified and capable of satisfying the needs of companies.

Management of human capital

HR consulting firms possess the expertise and experience to know how workers can be retained, and attrition rate can be minimized. HR consultants are experienced in maintaining human capital for almost any type of business. These professionals have full knowledge about how to attract the best talents and retain them on board. They can urge you to boost the employee management process and talent acquisition process other using employee rewards programs to motivate your workforce.

Using trial workshops

Consultants also offer methodical workshops to train new or even existing engineers and improve their skills. For example, employees and new recruits can get training from mechanical engineering job consultancy in Kolkata in analysis, designing, diagnosing and operating various mechanical systems, thermodynamics, fluid flow dynamics, mechanics and more, and even get the ability to use CAD and other high quality software for making assessments and making mechanical assemblies on the same. This can help them add to their skills and be able to groom themselves to fit into your organization.

Full negotiation

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Experienced HR professionals can negotiate on your behalf, when it comes to salary package, perks etc. They can maintain a full list of appropriate candidates, and consider the work location, job description etc in order to decide the salary package, perks etc that can be awarded to specific employees. Rather than following a cookie-cutter approach, they can use an industry specific approach to motivate the right candidates with the right things and retain them for your organization.

Gut instinct

Gut feel or gut instinct plays a big role when it comes to recruitment. Whether it comes to chemical or mechanical engineering job consultancy in Kolkata, firms that are long-timers in the industry have consultants who have years of experience behind them in finding candidates for various national and international clients. They develop the eye and instinct to understand which candidates can be the best fit for a position, despite slightly lower scores or inability to answer every question properly in an interview. Thus, you can benefit with their instinct and get qualified professionals who might have been otherwise ignored by an in-house consultant in your organization.

Way To Secure A Dream Job Through Networking

Not what you know but who you know

As all selection process is made by humans and there is scope for behind the scene activites such as lobbying and influence in your favor.

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In a job hunting setting, it may pose more critical since that can be the key disparity between an job offer or a letter of regret.

But the traditional job seeking approach of broadcasting out your resumes like job portal listing is relevant for you; you may shift your focus to have your next bright career.

Expand Your Friend Circle

The vital point in making this in your favor to ensure each one of your action is intentional. You need a specific role and require more weight or persons you can group to support your pursuit.

For example to easily understand this, suppose you are an accountant and you want to switch this position to start your career in sales field. It would certainly be hard time to succeed even after sending hundreds of application.

Keep cool! Just turn yourself to LinkedIn and have close look for profiles were who were accountant before and now they are in Sales and Marketing field.

Here it is how to start it, make a list of a keyword related with accounting under the Title field (e.g. Accountant) and filter to Sales under Function.

You will find list of people who was working as Accountant but now they are working in Sales field.

Other way that you can adopt (keep the sample size significant enough) and look at targets who are holding hiring manager position.

So if your target is to join as Sales Manager position, you have to prioritize your targets who are designated as Sales Director.

Get Advice and Request For Job

LinkedIn is a useful portal where you usually get two category of request – a recruiter offering you to think for a new job, or some job applicant requires one.

We believe that the previous one would be able to fetch a better job for you with good salary.

Do I Require to modify Each Offer?

It is quite possible that your anticipated one is not regular user of LinkedIn. They may come eventually and see numerous new invitation requests.

Suppose if his portal has a chunk of pending invites then the chances of his reply is dim.

So be playful and visit to your target profiles. By this action, they will receive a specific notification and hopefully it would be not so packed.

You can also automate the visits on portal. By using plug-ins like AutoPilot in case with LinkedIn where it would copy a human and successively visit the results page where you have your profiles.

So it would be better option to run notification in background instead of clicking each one manually.

Fine! They Noticed Me. What Next?

You can get between 40% – 60% conversions with the “ask for advice” approach. So the next step is to meet them and just listen them carefully and attentively.

Try to know how they started this line of business and how they opine about the role and industry. What they expect someone like you to do to make the first step.

This narration would certainly prove to be helpful to authenticate your set impression and facilitate you to decide if this is finally the correct direction.

At the end of the conversation, always try to ask – “In what way I can assist you with?”

Why Do This?

If they find a strong impression from you, and placed you on preference over other candidates (in the future) is always easier to call you.

Now you have connection deposits. You will have an advantage by having these connections at the time of vacancy you have targeted.

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Just think how much it would be easier to face a person in interview whom you know before.

Conclusion

It seems unusual that you are not receiving any reply even after sending a huge number of resumes but if you are able to get only one to talk, you are going to be benefitted in big way.