In this fast-paced digital landscape, tech recruiters face the formidable challenge of recruiting top talent from a competitive market. These recruiters are expected to go beyond traditional methods due to modifying workforce requirements.
The key to resolving these challenges is strategically leveraging innovative marketing techniques and creating a magnetic pull with strong employer branding that resonates with the aspirations and values of today’s generation.
The process of employer branding refers to the company’s reputation or image of itself in the minds of potential and existing employees. In simple terms, it is the way a company presents or promotes itself by highlighting its core principles and communicating with employees.
Employer branding encompasses the collective perception and image that potential candidates hold about a company, including its culture, values, work environment, and employee experience.
By having a strong employer branding strategy, organizations can differentiate themselves, establish credibility, and become an employer of choice.
Research by Glassdoor shows that companies that exhibit robust employer brands are 27% more likely to have increased innovation than those with weaker employer branding. Having strong employer branding can be a valuable method of establishing a brand’s name in the market.
A study by LinkedIn estimated that companies with a strong employer brand witness approximately a 50% decrease in their cost per hire. A compelling employer brand attracts a larger pool of qualified candidates who are genuinely interested in working for the organization. This results in a higher-quality talent pipeline and reduces the cost and effort associated with sourcing and screening candidates.
According to a LinkedIn study, having strong and stable employer branding in recruitment increases a company’s retention rate by 28%. A positive employer brand creates a sense of employee pride and loyalty, fostering higher job satisfaction and engagement. When employees feel a strong connection to their organization, they are more likely to stay for the long term, reducing turnover rates.
A strong employer brand sends a powerful message to investors and stakeholders. It demonstrates that the organization is focused on attracting top talent and committed to creating a positive work culture and employee experience.
One of the best ways to track progress is to conduct employee and candidate surveys. Through detailed surveys, businesses gather feedback about employees' perceptions of the employer brand, why they joined or are staying with the organization, and how well the brand aligns with employees' expectations.
By comparing retention rates before and after implementing employer branding strategies, businesses can assess the positive impact.
Monitor the number of applications received and the conversion rate from applications to job offers. A strong employer brand can lead to an increase in the number of qualified candidates applying for available positions, increasing the acceptance rate of job offers.
Recruitment technology enables organizations to effectively leverage social and digital media platforms for employer branding. It provides tools and integrations that streamline the process of sharing job openings, company news, and employee stories across various social media channels. This helps build a strong online presence, engage with potential candidates, and promote the employer brand to a wider audience.
Recruitment technology allows for the automation of repetitive and time-consuming tasks, such as resume screening, interview scheduling, and follow-up communications. By automating these processes, recruiters can focus more on building relationships with candidates and crafting personalized experiences. Automation ensures a consistent and efficient candidate journey, enhancing the employer brand by showcasing professionalism and attention to detail.
Recruitment technology provides access to data analytics and insights that help measure and optimize employer branding efforts. It allows the business to track and analyze metrics related to candidate engagement, application rates, source of hires, and time-to-fill positions. These insights enable recruiters to identify which channels and strategies are most effective in attracting and engaging candidates, helping refine employer branding initiatives.
Tech recruiters can build a compelling and authentic employer brand that resonates with today’s generation by leveraging marketing strategies and tools. By showcasing vibrant company culture and harnessing the influence of social media and data analytics, tech companies can attract top talent, reduce costs, increase retention, and foster trust with investors by improving employer branding.
To aid the hiring process and present the business as an employer of choice, Mercer | Mettl offers a range of pre-employment assessments. These are a collection of psychometric, aptitude, technical, and cognitive tests. These tests allow an understanding of candidates’ domain knowledge, personality, and behavior, improving hiring decisions and reducing attrition.
Originally published July 28 2023, Updated January 8 2024
Vaishali has been working as a content creator at Mercer | Mettl since 2022. Her deep understanding and hands-on experience in curating content for education and B2B companies help her find innovative solutions for key business content requirements. She uses her expertise, creative writing style, and industry knowledge to improve brand communications.
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