Building an employer brand
that is strong is much more important nowadays that too when
companies are putting all their concentration to increase their
visibility online and followers, tweets, shares and likes are known
to be of utmost importance. As per reports companies having a strong
employer brands tend to reduce their hiring cost by over 43% on a
long run. Another study by CEB has revealed that a strong EVP could
raise the hire quality by 9% as well as the applicant base by over
54%.
These days the question of EVP
development is a common in all board discussions in organizations and
companies. This has been useful to some extent but on the flip side
has given rise to lot of confusion and complexities around the
employer brand creation. Apparently, employers who think that EVP is
something that needs to be created then they are treading the wrong
path for sure. The fact is that employee proposition always exists in
an organization naturally enough so trying to create one could
actually backfire and lead to a disconnect within the employees who
are adjusted to the natural EVP.
Again trying to portray
yourself differently than what you are as an organization also does
not work well or help. Instead if you portray the organizations
culture as it is, it could help rather. It’s not about being
creative but it’s about being true.
Many organizations do not
consider EVP much because they think that it could involve a high
budget or finances. Apparently, it ain’t and it’s not even a very
time taking process and its there in every organization. The only
thing that needs to be done is to bring it to life or activate it in
a way that there is optimum employee / target audience engagement.
Well, EVP is about staying
away from the myths like the ones mentioned above because they do
affect the brand negatively and fostering your EVP without much of a
spend or money spend. You could choose your methods like surveys or
meetings but the tip of the ice berg is being honest and communicate
with your employees honestly.
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