What is Employer Branding?
When you hear the word “branding” your mind might think of logos, colors and design. While a consistent visual presence certainly plays a part in creating a positive impression to the job candidates that you want to attract, employer branding encompasses a whole lot more than your graphic style. It’s your reputation.
Your Employer Brand is Your Reputation
Your employer brand is your reputation in the minds of your past and current employees, as well as your potential job candidates. Your employer reputation stretches out to include your community and referral network too, and if you’re not actively managing it, it may be costing you money. In fact, a Harvard Business Review study reported that a bad employer reputation costs companies at least 10% more per hire.
Attract, Retain, Engage with Your Employer Brand
The benefits of employer branding are both external and internal. Externally, when the objective is to improve recruiting results, active management of your employer brand can attract a better pool of applicants, resulting in better hires.
Employer brand management can help your company retain and engage your current employees too. Employer branding requires that you focus on what is important to your employees, and then you actually engage them in the process of uncovering and communicating your employer value proposition.
What’s an Employer Value Proposition?
Your Employer Value Proposition (EVP) is the value that employees receive from you apart from salary or wages. Your benefits package and perks may or may not be part of your EVP. It depends on the priority that employees place on them and whether they’re more of an expectation than an option.
Your EVP can include components such as:
- Professional development
- Work environment
- Teamwork and collaboration
- Work-life balance or time off
- Impact on customer success
- Recognition and appreciation
- Opportunities for travel
Recruitment Marketing is How You Manage Your Employer Brand
You can’t own your employer reputation because a reputation is the perception and feelings that people have about you. You can manage it, however, by gathering and distributing the messages that communicate your employer value proposition and position your company as a good employer.
These messages create touchpoints where people can engage with your company, giving you the opportunity to influence their feelings and decisions. Recruitment marketing is the method that you use to create these touchpoints.
Your recruitment marketing plan can include:
- Employee Experience Stories and Testimonials
- Website and Careers Page
- Social Media
- Job Boards and Review Sites
- Internal Communications
Get Started with Employee Experience Storytelling
Your recruitment marketing plan can be very sophisticated or very simple depending on the size, needs and budget of your business. The foundation of anything you do to build your credibility as a good employer, however, is to gather and share employee experience stories.
Contact me to learn how employee storytelling can support what you’re doing with recruiting today, and help you build your employer brand for the future.