You Are What They Think: How Companies Invest and Measure...
Transcript of You Are What They Think: How Companies Invest and Measure...
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May 7, 2019
PeopleScout: Your Global Talent Partner From Now to Next
You Are What They Think: How Companies Invest and Measure the Impact of Employer Branding
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© 2019 PeopleScout – A TrueBlue Company | Confidential and Proprietary 2
Introduction
Employer branding has a significant
impact on hiring, says 72% of
worldwide recruiting leaders in a
LinkedIn report
Q4 2018 Gartner research put talent
shortages as the top risk up, from 3rd in
Q3
The same report states only 1 in 4
HR leaders use analytics to
understand why people choose
their company.
85% say that the impact of
employer brand extends way
beyond the hiring process
Mercer’s Global Talent Trends 2019 highlights the need to create a brand
proposition that attracts the talent you want.
Employer
Branding
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What is the impact for the business? Organizations with
an actively
managed value
proposition are able
to reach 50%
deeper into
the labor market to
attract passive
candidates
Employers with an
attractive value
proposition have to
pay 11% less in
salary premiums
in order to hire
talent than those
with an unattractive
EVP
Employees joining
organizations with a
best practice EVP
are 38% more
committed than
those joining an
organization with a
poorly articulated
proposition
Employees
joining an
organization
with a clear
EVP are twice
as likely to be
advocates of
the brand
Organizations
with an
embedded EVP
across the
employee
lifecycle have
seen up to a 28%
reduction in
turnover
Businesses
with strong
employer
brands have
seen up to a
43% decrease
in cost-per-
hire
Sources: Gartner, PeopleScout, LinkedIn, Cornell University, Glassdoor
Companies with
evolved EVPs are
twice as likely to
deliver financial
performance
substantially above
that of their peers
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The Employer Brand Landscape
Referral Scheme
Social Network
Blog
Internal
Communication
Intranet
Welcome/
Induction Pack
ATS
One-to-One
Engagement
Website
Website
Interviews
Social Ads
Social Media
PPC
Radio and Print
Ads on Generic
On and Offline
Platforms
Referral Scheme
PR
Trade Shows
Word of Mouth
Strangers Visitors Candidates Employees Advocates Onboarding Application Engagement Attraction
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The Elements of a Successful EVP
EVP
The articulation of the value offered to your employees
PILLARS NARRATIVE STRAPLINE
DEFINES RELEVANCE DEFINES CONSISTENCY DEFINES FOCUS
Core components of your
proposition, informed by
insights into your cultural
DNA and your audience’s
motivations
Usually a single,
manifesto-style paragraph
– it’s the emotive “sell” of
what you offer
A concise phrase which
summarises your overall
offering – memorable
rather than detailed
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High Priority Indicators
03
Underlying effort
to differentiate
from competitors
but a sense of
mixed results
04
Increased
budget and more
often a specific
EB budget
05
Encourage
employee
advocacy through
internal
communications
01
HR, TA &
Marketing share
responsibility
06
Measurement is
important to share
success and focus
efforts
02
Double the
activity to help
manage the
brand
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Differentiation
Extent Employer Brand Distinguishes Companies Among Competitors
An astonishing 87% of respondents do not believe that their
employer brand completely distinguishes them in the talent market
Completely
13%
Somewhat
64% Neutral
16%
Very little
5%
Differentiation
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Measurement
Despite the priority of employer branding and the growing investment from many organizations
only 20% have established metrics
Measuring the Impact of Employer Branding Activities
91%
82%
Social engagement
rates
64%
45%
Quality of applicants
Career site traffic
Creating goals around inbound
referrals
27% Outbound recruiter
response rate
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Talent Acquisition
≫0% unimportant!
≫Careers website analytics also provides
insight into brand impact
≫Successful employer branding will unlock
the power of referrals
≫91% see social media engagement as a
key measure of impact
≫Drives quality of hire (82%) 46%
43%
11%
0%
Very important
Important
Neither important nor unimportant
Unimportant
Importance of Employer Brand in TA Strategy
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Brand Building Activity Undertaken by High Priority Organizations
Ways Companies Have Invested
Internal investment areas are deemed as important as many external activities.
71% 71% 67%
63% 58%
54%
Implemented
strategy to
increase followers
on social
networking
Expanded
internal
communication
promoting brand
to employees
Encouraged
employees to
take active role in
promoting
employer
brand/brand
ambassadors
Increased budget
for employer
brand
Expanded
campus recruiting
Launched formal
employee
recognition
programs
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Employer Branding Priorities
Social Media
Over 70% invest
in building a social
media strategy
Rank
Many organizations
see their campus
activity as an
important audience
to amplify their
employer brand
Candidate Experience Website Activity
The higher
organizations rank
the priority of
employer branding,
the more they
allocate investment
Ensuring the
candidate
experience is
representative of the
employer brand is a
key investment area
for more than half of
the respondents
Surprisingly few
organizations see
their website as
an opportunity to
share their brand
ethos
Promotion
There is strong
focus on
promoting the
employer brand to
the internal
audience
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Embedding the EVP across every employee touchpoint
Deploy
Awareness
Attraction
Recruitment
Engagement
& Retention
Careers website Social media channels
(LinkedIn, Twitter, etc.)
Third-party review sites
(i.e. Glassdoor)
Campus and
events collateral
Role profile/preview materials
Recruitment
marketing toolkit
Recruitment agency
briefings and toolkit
Talent network and communication
keep warm materials
Hiring manager briefing
and toolkit
Candidate management
communications and experience
Assessment and interview
materials and assets
Offer pack
Onboarding portal and assets
Orientation/induction
program and collateral
Employee referral program and assets
Learning, development and talent
management programs and materials
Internal mobility platform
Performance management
program and materials
Reward and benefits portal
Wellbeing program and
assets
HR services communications
(PR for HR)
Intranet / collaboration
platform
Culture and engagement
program
Employee recognition
scheme/program
Alumni program and marketing
Employee advocacy platform
EVP
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www.peoplescout.com
© 2019 PeopleScout – A TrueBlue Company | Confidential and Proprietary
For more information please visit www.peoplescout.com.
PeopleScout, a TrueBlue company, is the world’s largest RPO provider
managing talent solutions that span the global economy, with end-to-
end MSP and talent advisory capabilities supporting total workforce
needs. PeopleScout boasts 98 percent client retention managing the
most complex programs in the industry. The company’s thousands of
forward-looking talent professionals provide clients with the edge in the
people business by consistently delivering now while anticipating
what’s next. Affinix™, PeopleScout’s proprietary talent acquisition
platform, empowers faster engagement with the best talent through an
AI-driven, consumer-like candidate experience with one point ATS and
VMS integration and single sign-on. Leveraging the power of data
gleaned from engaging millions of candidates and contingent
associates every year, PeopleScout enhances talent intelligence for
clients across more than 70 countries with headquarters in Chicago,
London and Sydney and global delivery centers in Charlotte, Toronto,
Montreal, Bristol, Krakow, Gurgaon and Bangalore.
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