This guide teaches you why employer branding is critical for your business, and how you can build an employer branding strategy that works.
Recent research on employer branding suggests that “Over 90% of people would consider leaving their job if offered a position in a company with an outstanding corporate reputation.”
90%! This shows just how crucial employer branding is for any company looking to bring top talent on board and keep them.
Excellent branding can absolutely help you in the recruiting and hiring process when done right. From attracting quality candidates to providing a memorable hiring experience, employer branding can make or break the strength of your internal teams and operation overall.
Before we help you build your own branding strategy, let’s explore the definition of an employer branding strategy and why it’s important to improve continually.
Experts say, “At its most basic, employer branding is how you market your company to job seekers and what employees say about your company as a workplace.” An employer branding strategy allows you to shape the conversation about your brand and what it’s like to work for your company into a more positive one that makes you more appealing to potential employees.
An employer branding strategy differs from an employer branding tactic. A strategy is an overall plan to achieve a goal, while a tactic is an action taken to achieve that goal. However, both are vital for a solid employer brand.
Next, let’s explore why an employer brand strategy is worth improving.
An employer branding strategy is worth improving because it directly impacts your ability to attract top talent, bring down hiring costs, and significantly reduce employee turnover.
A strong employer brand can also help you reduce candidate dropoffs in the hiring process and create an experience that candidates remember as positive, low-pressure, and seamless. In addition, you’ll be able to fill your teams with members that are a perfect match for your company’s culture, organisational direction, and preferred experience in candidates.
Furthermore, an employer branding strategy could result in lower spending on recruitment. Recent research on branding revealed that “Having a great brand can bring the expenses related to hiring and training down by as much as 50%.”
Read on for how to build an employer branding strategy that works for your company.
Building an employer branding strategy isn’t as complicated as people believe. By making a few crucial considerations and taking your time drafting the details of your strategy, you can be well on your way to an employer brand that stands out.
Here’s how to build an employer branding strategy:
First, a considerable part of building an employer branding strategy is finetuning exactly what you want your brand to communicate to potential workers. In other words, what makes your company a desirable place to work? Why would someone love going to work every day at your company?
Be sure to polish your employee value proposition so that what’s expected from the company and prospective candidates during the recruiting, hiring, and onboarding processes is out in the open. Ultimately, you want to ensure you’re highlighting your company’s unique culture, mission, vision, and values.
With a clear understanding of what you want your brand to communicate to the outside world, move on to defining your ideal applicants.
Defining your ideal applicants is essential. To bring on team members who are perfect for the company, you must know who they are, how to communicate with them, and what will make your company attractive.
Instead of a buyer persona, create an ideal applicant persona. Map out the details of your perfect applicant and how they would move through their journey with your company, from introduction to hiring to onboarding. This way, you can craft a strategy and content tailored to the people you want to work for your company.
Next, define your employer branding goals.
What do you want to achieve regarding employer branding? For instance, are you looking to reduce your hiring costs? Do you want to decrease candidate dropoff during the application process? Are you hoping to better your employee retention rate?
Whatever employer branding goals you have, write them down and make them visible to the entire HR team. You’ll also want to attach Key Performance Indicators (KPIs) to your goals so that you can easily track your progress toward them.
Choosing suitable tools is next on the list for creating a killer employer branding strategy.
Implement tools and platforms that help you find and hire the best talent out there. This will help free up your HR team’s time so that they can work on more pressing needs. Be sure your tools help keep your branding consistent and streamline your efforts throughout the hiring and recruiting process. They should do things like:
Now it’s time to draft your strategy.
Once you’ve defined your goals, draft your strategy either on paper or digitally. Be sure to include details like what communication channels you’ll use, your budget, who’s in charge of what, deadlines, content calendar, and how you’ll make the strategy visible to everyone in the company.
You’ll also want to address the content you create and employer branding materials necessary to carry out your strategy. For example, you’ll likely need extraordinary brand photography to give people an inside view of the atmosphere and culture in the workplace. Or maybe you’ll need to create employer branding videos to showcase a genuine and exciting side of your company.
Lastly, be sure to track your strategy’s performance.
Implement analytics tools so that you can monitor the performance of your employer branding strategy and pivot when necessary.
Analytics tools can help you take advantage of new opportunities, address weaknesses in your strategy, and ensure you’re still meeting your company’s needs.
Do ample research on any analytics tool you’re considering. Be sure it’s the right fit for what you’re trying to track and the people who will be working with the data. Ultimately, it’s all about refining your approach to ensure your employer brand is the best it can be.
Creating a killer employer branding strategy is one of the best investments your company can make. Not only will you have a better chance at attracting top talent, but you’ll also create a company culture that’s a joy to work in.
The strategies discussed in this guide are made easier when you use the right recruitment technology. Why not get in touch and find out how our recruitment software can help you make better hires with a great employer branding strategy?
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