This is what an employer should offer you

Looking for a new or first job? In many sectors there are currently more vacancies than job seekers, which gives you the luxury of being critical in your choice (CBS, 2024). Of course, you are looking in a sector that interests you and matches your experience or education. It is also important to be well informed about what you can expect from a new employer. In this blog we explain how you can find an employer who not only focuses on your current situation, but also on your future.

How do you recognize a good employer?

The youngest generation of employees is having a hard time financially due to the enormous increase in inflation since 2020 (18%). House prices have risen so much that it is virtually impossible for a starter to buy a house. In addition, the pensions provided by employers are a lot lower than, for example, 20 years ago. It is therefore crucial to look not only at the starting salary when looking for a new job, but also at the long-term benefits that an employer offers. A competitive salary is the minimum; look for an employer who is actively involved in your financial future. An employer can offer you this in different ways. For example, employers can pay your pension, or invest in financial education or conversations. If you are confident about how to plan your finances, you can for example draw up a plan to buy a house, or start investing.

Financial security as a priority

A recent study by PwC (2023) made clear what the new generation (18 to 35 year olds) expected from their prospective or current employers. The research concluded as well that it is mainly based on financial security. Financial security is considered more important than personal satisfaction: they are looking for a high base salary, in combination with a permanent contract and the possibility of an annual salary increase. Another important must is receiving a decent pension through the employer. These are all additional financial guarantees that ensure your future is financially secure. Pay close attention to what secondary employment conditions an employer offers. In recent years, there has been an increasing focus on social impact and sustainability. Find out what priority the associated benefits have (i.e., a cycling plan or development courses), and whether financial education or planning options are also offered. In principle, an employer always invests in such benefits for you, in addition to your income. Ideally, this fits in with what you want to get out of your money.

Involved employers offer financial security

After all, if all employees are confident about their financial situation, they do not have to worry about it during their working hours. Offering financial security support through, for example, a financial planning platform such as Equip can help with this. All employees have access to a financial planner to discuss their personal situation and set goals. You can also gain insight into your finances and learn about topics that were not covered at school.

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Are you interested in more tips about financial well-being support, or financial tips in the Netherlands? Check out our Money Tips page!

Curious how to start the conversation with your employer about financial well-being support? Contact us and we will help you along the way.