This article is based on research for our recent eGuide, How to hire amazing managers.
We’ve said it before: finding great candidates is only half the battle. You then need to get them to accept your job offer. And when it comes to hiring managers, it’s especially important to get your top pick to sign on the dotted line.
But what can you do to entice an amazing manager to join your team? It’s simple. Include these three elements:
Competitive compensation
While this is a crucial component to an attractive offer, it shouldn’t be the only component. “There’s no question – it’s got to be competitive. But I don’t think that always wins the day,” says John Wright, president of the Canadian Management Centre. “And I’d even go so far as to say that if you’re attracting someone just purely based on the compensation package, I bet you it’s not going to work out.”
Meaningful work at a responsible company
Top candidates are attracted to companies with better reputations – it’s as simple as that. They also want to know that the work they’ll be doing will mean something.
“They want to know that the role they’re playing is important, that whatever they’re going to contribute is important and that their opinions will be heard,” says Wright.
Rewards
Any top candidate will want to know how their hard work will be rewarded and acknowledged. But it’s important to keep in mind that rewards can mean many things. “Sometimes they can be financial rewards, but it doesn’t always have to be. Sometimes it can be recognition, sometimes it can be progression,” says Wright.
Need a little help remembering? Here’s an infographic to keep this formula top of mind:
Remember: to find your next star manager, download our free eGuide: How to hire amazing managers.
See also:
3 signs you need to hire a manager
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