Why a Strong Employer Brand Will Help You Win the Talent
War
Author: Michael Palmer Executive Director, Talent Acquisition Practice Ceridian
Canada Ltd.
March 2006
The facts are alarming. Research shows that this year, for every one person
entering the workforce, two workers will leave. By 2020, The Conference Board
of Canada predicts there will be a shortage of 1 million skilled workers. By
2020, The Conference Board of Canada predicts there will be a shortage of 1
million skilled workers. The Conference Board of Canada also reports that "the
war for talent is fierce, and is likely to become more so with the massive number
of employees retiring in the next five years. Top organizations are moving beyond
the vanilla 'employer of choice' concept to a more rigorous strategy of attracting
and retaining the right employees through branding." High performance companies
understand that the key to attracting and retaining talent is to be recognized
as a first-tier employer that can meet the needs of high potential/high performance
employees. There is a direct link between recruitment practices and high performance.
According to a 2005 Watson Wyatt study, companies with superior recruiting practices
financially outperform those with less effective recruitment programs. To be
effective, traditional marketing practices must be applied to recruitment. After
all, every candidate is a potential employee whether it's now, or in the future,
and every candidate is a potential referral source for future hiring needs.
By creating a strong employment brand, employers get the edge they need in attracting,
recruiting and retaining top talent.
Less than 1% of companies notify candidates of their status if they are not
selected for an interview. Frequently referred to as the "Black Hole"
of recruiting, correcting this situation is by far the simplest way to set yourself
apart from your competition. Finding a way to keep all your candidates informed
of their progression, or lack thereof, through the recruitment process may require
the use of some technology, but the impact this simple enhancement brings to
your recruitment process will pay off in spades.
Leverage your Talent Pool
Through the effective use of an Applicant Tracking System (ATS), Customer Relationship
Management (CRM) software, or a creative manual system to track qualified candidates,
you will find there is already a pool of qualified, interested and, more often
than not, available talent, at your fingertips. If, for every employment advertisement
that you place you receive 50 candidates, and 49 of those candidates are not
hired, you've just created a pool of 49 candidates. In the world of recruiting,
this is often referred to as Talent Pool management. This concept has received
much media attention over the past few years, though few companies truly leverage
the networking opportunity that each employment advertisement creates. To illustrate
this point, the Ceridian Talent Acquisition Practice has attracted more than
50,000 candidates for positions within Ceridian and/or within its recruitment
customers in the last 12 months alone. Every single one of those candidates
is potentially a perfect match for one of the many postings that are open at
any given time. Effectively marketing to, and mining from, this database of
interested and networked candidates is more efficient and effective than re-advertising,
and far less expensive. In addition, many applicants will not apply twice for
a similar role unless personally invited to do so, as they make the assumption
that once a company has their résumé, there is no need to re-apply.
This is a great opportunity to enhance your brand. Imagine you are a financial
institution and hire Accountants on a regular basis. Imagine that you could
reach out to the 1,500 Accountants who applied to your company in the past,
personally inviting them to re-apply, or to refer someone they know each time
a new role opened up. Imagine you had a mechanism to allow candidates to come
back and update their profile every time they gained new experience, every time
they completed a new assignment, every time they moved or changed their e-mail
address. Imagine the marketing power in taking this approach to recruiting top
talent.
Train Hiring Managers to be Effective Interviewers
Many managers who make hiring decisions are not highly effective interviewers.
This, of course, is not for lack of capability or desire; it is a result of
a lack of training, coaching and ongoing support. The interview or series of
interviews for candidates is a way for them to judge and assess their potential
future employer and Manager. If there are significant issues with the interview
and its process, you the employer could be setting unrealistic expectations,
hiring candidates based on emotion as opposed to "best fit" and therefore
contributing to unnecessary turnover. Most importantly, you could be missing
the best candidates. There are many interviewing methodologies, the most popular
being behavioural. A behavioural interview is designed to ascertain a candidate's
skills in relation to the required competencies to perform the role for which
he/she is being interviewed. When done effectively, this interview will help
the hiring manager select the best candidate for the position, based on competency
as well as cultural fit.
However, the effect of poorly conducted interviews can have a negative impact
on the company, as candidates will tell people they know about their experiences,
resulting in a "knock" against your brand. Conversely, properly conducted
interviews leave candidates with a positive perception and are more likely to
attract a candidate that will be a good fit. A good interview experience can
also help candidates accept a rejection when they are not the best fit. The
interview, and the process surrounding it, is an incredible opportunity to maximize
your company's brand.
Build and Use Consistent
Employment Messaging - Internally and Externally
Your employment brand is far more than just what you're "messaging"
to the outside (and inside) world about what your organization represents, and
what your employment experience is all about. That being said, consistently
and repeatedly messaging why your company is a great place to work is the way
to begin your branding initiatives. Try soliciting an honest portrayal of the
employment experience from your employees. To start, you need to truly understand
why your company is an enterprising place to work. Try soliciting an honest
portrayal of the employment experience from your employees. They will gladly
tell you, not only that your company is a great place to work, but more importantly,
why it is so. If your own employees have difficulty articulating this value
proposition, this indicates that there are some areas of focus for future Human
Resources programs and initiatives. However, there will always be aspects of
the employment experience that are extremely positive; these are the areas that
your brand message should focus on. Much like a "vision" or "mission"
statement, the articulated employment brand message for your organization is
not all that makes up your employment brand. Ultimately it comes down to the
employee experience - how much they enjoy working for the company and how engaged
they are.
Have a "Great Start" Program
Probably the single most significant opportunity to affect employee retention
is during the first month of employment of your new employee. A "Great
Start" program goes far beyond orientation classes, or even on-boarding,
as both of these processes tend to be event driven, not experiential. Filling
out forms and signing up for benefits (orientation sessions) and ensuring the
right tools and equipment are in place (onboarding) are important. However,
the best programs include all of the above and help to create a welcoming environment
to your new employee. Brand-focused companies are quick to realize that new
employees' first experiences form the foundation of their affiliation with their
new company and, as your employees represent your employment brand, isn't it
better to start them off on the right path?
Conclusion
There is little doubt that recruitment over the next decade will have its challenges.
We can mitigate some of these challenges by embracing our employment brands
as our "raison d'être" and living "best of breed"
recruitment practices. At the most fundamental level, how we recruit, manage
the hiring process and bring new employees into our organizations is what will
set us apart from our competition. It will involve significant change management
to view every résumé as a person with skills, knowledge and experiences
and to regard that person as either a candidate for today's need, tomorrow's
opportunity or a potential source for the next great employee.
Michael Palmer
Executive Director,
Ceridian Talent Acquisition Practice
As Executive Director of Ceridian's Talent Acquisition Practice, Michael Palmer
is responsible for the overall business strategy, growth and development of
Ceridian's staffing and recruitment solutions business across Canada. He led
the successful launch of Ceridian's Talent Practice in 2003. Michael's 15-year
career in Human Resources has primarily been focused on recruiting and staffing
in challenging, high demand environments where his passion and accomplishments
in this field have established him as a knowledge expert. His breadth of experience
includes re-engineering the recruiting processes for a large IT outsourcing
organization in Canada and the United States, as well as developing the recruiting
process model for EDS' entry into the HR BPO market in the U.S. While at EDS,
Michael created and implemented the U.S. West Region Recruiting Organization,
which managed more than 2,000 new hires annually across EDS' four business units.
About Ceridian
A trusted partner to more than 40,000 Canadian customers, Ceridian is a global
corporation that delivers best-practice Human Resource solutions that maximize
the value of people. Ceridian is the only company in Canada that has all the
solutions to help customers acquire the best talent, pay their staff accurately
and on time, improve HR decision-making and reporting, and drive employee engagement
and wellbeing. The only HR solutions company that has been recognized as both
a 50 Best Employer and one of the Top 100 Companies in Canada, Ceridian provides
customers the freedom to focus on their core business by relieving them of the
burden of transactional HR processes resulting in improved efficiency and cost
savings. For more information call 1-877-CERIDIAN or visit our website at www.ceridian.ca.