Candidate Rewards
- Angelina Playter (Unlicensed)
This tool has solely been researched by the WilsonHCG Innovation team.
Summary
Develop a rich web-based experience to show your best candidates the true value of their total compensation, including an interactive benefits tool and stock option value presentation. Along with the monetary value of the job, promote your company’s values, mission and culture. This will help your candidates choose your company as the perfect employment choice.
Communicate Full Monetary Value of Your Job Offer
Usually, many of your best candidates will only consider the monetary value of your job offer. Often they don’t consider the huge investment made by your company in the form of employee benefits.
The full compensation value includes benefits, incentives, bonuses, stock, time-off values, cash, and retirement contributions. Communicate the true, full value of the job offer to your candidates and slack your counter offer rates by using this cloud recruitment software.
Convey Your Employer Brand
We know that your employer brand plays an important role in attracting talent to your organization. It enlightens and aligns candidates with your culture, purpose, and business goals and objectives.The Candidate Rewards platform is customizable to present your brand, your colors, your images, and your story alongside the compensation value proposition.
Model Benefit and Retirement Elections
Our staff recruitment software allows dynamically shows candidates their total compensation value based on the real costs of the benefit packages you offer. We capture both the employee costs giving your candidate transparency, and the employer costs allowing you to communicate your invest in the employee benefits.
Additional Resources
Technology Demo Notes
9.11.2018 Call Notes
TOTAL REWARDS Solution
Marketing piece for HR teams to retain their employees by allowing them to see the value in their role
Reinforce internal brand
*Did not look at this product
CANDIDATE REWARDS Solution (new product)
Claim the tool helps solve two problems:
Candidate Engagement/Experience
Claim the offer process is underwhelming with an email/pdf documents
Claim a lack of true compensation presented to candidates
Claim improved ROI on candidates that would previously have declined an offer for compensation
Most organizations only advise on salary/bonuses in the offer stages
Claim they exclude other costs such as benefits
Recruiters create a personalized web experience for a candidate at offer stage with this tool
Implementation
Information built into here at implementation
Claim 3-4 hours at most (I can imagine a big hold-up in this process is the creation/gathering of the marketing/hr content necessary for the build outs for each role)
Healthcare field is a big field for them as this tool helps to differentiate a this company
Mobile optimized
Process - Recruiter Perspective
Create candidate button
Input multiple data points (60 seconds to complete)
Name, Email, Roles, Locale, Currency, Address, Additional Comp, Comp
Positions - decided at implementation; we would need to consult with their team to add; A certain # of positions are determined within contract
Candidate Process (17 min; 2 ½ interactions)
Video provided to the candidate
Welcome Letter with a call out of what this site is for
LinkedIn API - Pop-up showing some in the org they could connect with
Rewards summary: Cash compensation, Benefits, Estimated Tax Savings
Benefit election
*All seen before an offer
*All of the elections thus far are only visible by the candidate
How is this portal utilized in partnership with conversation?
Sent at a counter offer
Same offer process, send this first before the offer letter
Offer accept is not a feature yet
Docusign function not available
Graphics appear simple
Ability to see time spent on each stage
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