According to the study data, 72 percent of global recruitment leaders believe that company branding significantly influences hiring.
Fremont, CA: Employer branding is important for businesses to maintain the value they have on their employees. It includes everything necessary to advertise the organization as an appealing employer. The employer's reputation is managed and shaped via branding.
According to the study data, 72 percent of global recruitment leaders believe that company branding significantly influences hiring. It also claims that 55 percent of global recruitment executives utilize a proactive corporate branding strategy. In addition, companies with strong employer brands saw a 20percentage increase in revenue and a 12percentage increase in workforce growth.
Immaculate Employer Branding Reduces Cost and Time per Hire to Stabilize ROI
Employer branding helps build a strong talent pipeline of competent and varied applicants, allowing recruiters to locate the best candidates for every potential employer at any time. In addition, the steady flow of applications from exceptional people creates a database of people who may not be suited for a given job function but could get considered for future positions.
Owning such a pool of talent is a valuable advantage for any organization. In addition, this skill pool ensures consistent output and advancement.
An Effective Employer Brand increases Employee Morale
Employee morale is not just because employees get highly paid but also because of the business culture. Employee morale gets raised when treated properly, and their contribution to the company's goal is respected and recognized.
Employee morale rises, which leads to improved output. Employee productivity increases when employees believe in the firm's goals and see themselves developing in their careers with the organization. It results in fewer absenteeism and improved retention rates.
Motivated employees deliver customer service and are therefore more innovative and imaginative.
Employer Brand Image Consistency Increases Retention
Positive corporate culture and an excellent employer brand promote higher staff retention, leading to increased employee loyalty and lower turnover. Overall, this leads to a reduction in hiring expenses. Furthermore, the company may have a highly trained crew by having fewer personnel swaps.
Employee morale correlates with employer reputation, and employee retention rates correlate with employer reputation. Therefore, give workers a reason to like coming to work, and the user will see a significant decrease in attrition.