Sandy K. Baruah President and Chief Executive Officer at Detroit Regional Chamber | Official website
Sandy K. Baruah President and Chief Executive Officer at Detroit Regional Chamber | Official website
A company's reputation as a desirable employer plays a crucial role in attracting and retaining top talent. A significant majority, 75%, of job seekers investigate a company's reputation before considering employment opportunities, emphasizing the importance of an employer brand.
A strong employer brand not only attracts high-caliber candidates but also encourages employee loyalty. Key steps to building such a brand include focusing on company reputation, defining an employer value proposition (EVP), aligning company policies with stated values, fostering employee belonging, leveraging social media, creating a solid onboarding process, and valuing employee feedback.
Timely reputation management involves illustrating career growth opportunities, cultivating a positive company culture, and demonstrating the organizational value to society. Additionally, defining an EVP helps differentiate a company in the competitive job market, detailing what employees can expect in return for their work.
Company values and policies significantly impact job-seeking behavior, with 80% of applicants reviewing corporate missions and purposes before applying. Proper alignment and practical implementation of these values are vital. Melanie Kelly, VP of Marketing at Pivot Energy, remarked on the importance of inclusion, emphasizing that employees who feel valued are more engaged and motivated. This inclusivity not only enhances employee retention but also bolsters the organization's community reputation.
Social media serves as a powerful tool in promoting employer brands, providing platforms to showcase employee achievements and the company culture. A well-executed social media strategy can highlight growth opportunities and recognition within the organization.
An effective onboarding process smoothly integrates new employees, presenting them with a positive first impression and acquainting them with the company values. A poor onboarding experience is linked to higher employee turnover, whereas a meaningful one can affirm their decision to join.
Lastly, engaging current employees in brand discussions reaffirms the brand's authenticity. Renata Black, Co-Founder of EBY, advised viewing employees as "thought partners" to ensure their input is considered in the branding process. Black stressed the value of employee involvement, stating, "Make them feel like they are a part of the business."