A Smarter Recruitment Experience for You and Your Candidates
How a Financial Advisor can help you and your candidates!
Changing jobs is a significant life moment, and it’s about more than just a new title or salary, it’s about making the right long-term financial decision. Financial Advice is designed to support both you and your candidates through that transition, offering clear, trusted guidance on how a move can impact pensions, protection cover, and overall financial wellbeing. By providing expert, personalised advice, you’re not just helping candidates navigate change, you’re building lasting relationships, creating trust, and delivering a more meaningful, value-driven experience.
From the candidate’s point of view, when they are changing employer they most likely face a change in “Employer Benefits”, a consultation with Chapter Financial can help them understand how this affects them. Chapter Financial can also advise what benefits from the previous employer can they keep. For example, what to do with their previous pension, and in some cases, they may have the option to retain their protection benefits e.g. life cover or income protection, very few candidates are aware of this.
From the Recruitment Agencies point of view, you are giving the clients additional support whilst adding value to your service. Chapter Financial can also help a candidate weigh up the benefits of the new package versus their current role. One example being; a candidate unsure what he/she should do when the new employer offering is a 5% pension match but a salary increase of €5000, when their current arrangement is 5% employee 7% employer contribution. If we look at the figures here, we can guide the candidate with financial facts.
Currently €45,000 Salary, 5% employee contribution €2250 from their gross pay, which leaves them with €42750. Employer contribution is €3150. Annual Pension contribution €5400
New Role €50,000 Salary, 5% employee contribution €2500 from their gross pay, which leaves them with €47500. Employer contribution is €2500. Annual Pension contribution €5000. So, to have the same pension contribution as their previous role they would only need to do an additional voluntary contribution(AVC) of €400 per year to match the amount they are currently paying into pension.
If you would like to arrange a consultation with Chapter Financial, please contact lorraine@erfireland.com who will arrange this.
Chapter Financial Life and Pensions –
Our story is simple…We are a company built on the ethos that people still want to deal with people when it comes to their Investments and protecting their family or their business. Since 1984 we have worked hard in serving the financial needs of our now 3,500 clients. Chapter Financial will give you access to the best advice and excellent products but how this applies to you, your family or your business – that comes down to listening to you – the client. Contact us on 01 5397277 or email us at info@chapterfinancial.ie
