Who doesn’t want to work for one of the top 10 … or even the top 100 companies on the Best Employers in Canada list? But if you’re a senior manager looking to hire top talent and your company’s name isn’t on that list, how do you attract the most qualified applicants for a job opening?
As an employer, you’re probably well aware that your most important corporate resource is your talent pool – recruiting and retaining quality staff and the importance of this will only increase in the years ahead with demographic changes and global shifts in skill sets. In addition, the number of times an individual will change jobs is now estimated by many at more than ten times. So companies need every competitive edge they can get to market effectively to a fluid pool of top talent.
As important as it is to properly brand and market your products and services, it’s equally beneficial to develop your ‘employer brand’. Good employer branding is a powerful tool that will help you attract the right people.
What are your company values, attitudes and strengths? Why do people enjoy working here? You want to let people know why your company is a great place to work and leverage your desirable corporate culture.
Brands like Nike, Apple and Google have clearly distinguished through marketing the uniqueness of their products and services. They’ve also created a strong employer brand that communicates who they are and what their culture is. The appeal of their internal company culture is well known, and their companies have become sought-after places to work. An Aon Hewitt survey of the Best Employers in Canada for 2013 identified 83 per cent of the best employers on the list as having an explicit employer brand. Clearly branding makes a difference.
The first step is to define the employer value proposition for your business. Think about why people like working for your company, what makes your employees happy, what keeps them loyal. If your company is strong on training and development, then promote that. Is your company a fun place to work? Do you have an entrepreneurial spirit that rewards initiative and out-of-the-box thinking? Do you have a culture that believes in work-life balance? How about corporate responsibility or community involvement? Is your company green?
Clearly distinguish your company’s employer brand and then unleash it on the world.
A Career Builder survey found that firms with ‘strong employer brands attract at least 3.5 times more applicants per job post than other firms in the same industry’.
The Corporate Leadership Council showed that firms with strong employer brands could source from up to 60 percent of the labour market, compared to just 40% for those with weaker brands.
For more tips about recruiting top talent, check out our recent post Hire Wisdom: 8 Steps to Successfully Pipeline Talent & Why It’s Important for Your Business. Also check out Bruce Powell’s other blog posts and connect with him on LinkedIn.
IQ PARTNERS is a Recruitment Agency with offices in Toronto, Montreal & Vancouver, We help companies hire better, hire less & retain more. Our recruiters specialize in Marketing, Communications, Consumer Goods & Services, Retail, Sales, Technology, Finance & Accounting, Financial Services, Life Sciences, HR & Operations, and Construction, Property & Real Estate. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Bruce co-founded IQ PARTNERS in 2001 and currently operates as Managing Partner. His personal background includes hands-on management experience in sales, marketing and marketing services. He has built management teams for a wide variety of marketing, communications, media and technology companies. He has also participated in several M&A transactions for service-based companies and is frequently called upon as a resource in the planning and negotiation of such deals.