#1nlab16: the talent triathlon - excersizing company, employer and talent brand
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NOV 2-4, 2016
The Bottom Line
Risks
§ Cost of turnover
§ Employers will need to spend the equivalent of six to nine months of an employee’s salary in order to find and train his replacement
Rewards
§ Companies with engaged employees outperform those who don’t by 202%
§ Organizations with a high level of engagement report 22% higher productivity
NOV 2-4, 2016
“A highly engaged workforce means the difference between a company that outperforms its competitors and
one that fails to grow.” – Gallup
NOV 2-4, 2016
Labor Market Changes
5%Unemployment dipped to
in September
Largest segment of the workforce is
Millennials
5.8million
open jobs this past July
Millennials will make up
70%of the workforce in 7-10 years
NOV 2-4, 2016
Impact of a Strong Talent Brand
28-31%Overall turnover is
less than those with a weak brand
Increase in
quality
43%decrease in cost per hire
Recruiters are
2xas likely to get a response from
passive candidates
NOV 2-4, 2016
Assess, Then Build
§ Audit your touchpoints
§ Partner with HR and recruiting
§ Meet with top performers
§ Perform exit interviews
§ Equip your internal team
§ Take advantage of established networks and external brand ambassadors
§ Create a strategy and enforce that plan
NOV 2-4, 2016
Mission Statement
§ To provide the best financial advice and service to our clients and be the best place to work for our associates
NOV 2-4, 2016
Careers Site
§ Sell the commitment to growing their employees’ career
§ They want their employees to succeed, starting with the interview process
NOV 2-4, 2016
Job Boards - LinkedIn
Careers at Baird - A Great Place Built On True PartnershipAt Baird, our employees are our shareholders. Because we share a meaningful stake in our firm’s success, being a great place to work is a priority because we know it enhances our workplace culture and strengthens our business. Our deep expertise, teamwork and genuine passion for great outcomes also ensure that all of us are not just shareholders in our business, but in providing the best service to our clients worldwide.
For More Information…
§ http://www.gallup.com/topic/employee_engagement.aspx
§ http://www.careerarc.com/blog/2015/09/15-employer-branding-stats-every-hr-pro-must-know/
§ http://www.huffingtonpost.com/julie-kantor/high-turnover-costs-way-more-than-you-think_b_9197238.html
§ http://www.brand-taxi.com/differentiation-key-challenge-professional-service-firms/
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