Ingredients For Attracting Top Talent In 2022
14 September 2022
5 Mins Read
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Regardless of the industry, business managers worldwide discuss the same subject: attracting top talent. The pandemic triggered a shift in employee behavior, and companies struggle to hire specialists.
People search for remote work opportunities these days and require their future employers to share the same values with them. The growing gap between the demand and supply of talent impacts businesses’ revenues and competitive advantage.
The market is more competitive than ever, and let’s face it, talent has the upper hand when it comes to hiring. Candidates know what they’re looking for in a job and aren’t willing to compromise on salary, flexibility, benefits, and the things they find important in a job.
Checkout Six Ingredients For Attracting Top Talent In 2022:
The good news for employers is there is no secret formula to attracting top talent; they only have to adapt to the changing times and come up with retention tactics once they have them.
Here are the ingredients that make an employer stand out when hiring.
1. Trustworthy brand
The brand is the identity your company presents to prospective candidates, employees, and the public. It should communicate your company’s values, vision, mission, and culture to prospective clients and employees. Your employer’s brand is the market’s overall perception of your company.
It’s paramount to transmit the right message when attracting top talent and communicate what your company does, how it serves the community and public, and its goals beyond making a profit.
LinkedIn reveals that companies with strong employer brands are 50% more likely to attract qualified talent and cut down their hiring costs by 43%.
2. Transparency
Young talent values transparency more than other aspects when evaluating a company’s potential to provide a proper work environment. Honesty in job expectations and requirements, clarity, and detail are crucial in attracting qualified and young talent.
Create a detailed job description that shows your candidates that your company has nothing to hide. Also, ensure it doesn’t sound too good because it can trigger suspicion and make the candidates run in the opposite direction.
Share with them information about the company culture, salary, and corporate benefits, so they can determine if it fits their needs. Job applicants speak out, and they can damage your company’s credibility if they tell others your job description offers false information.
3. Social proof
Encourage current employees and candidates to review their recruitment experience on social platforms and review sites to let prospective talent know what to expect.
Publish employee success stories on your blog and social media pages to encourage talent to apply for your position. If you don’t know how to attract talent, hire a Human Resources team to help you build social proof that you care for your employees.
A great way to attract millennials is to publish your company’s social, environmental, and governance initiatives on your website. Let them know what your plans for the future are, how you want to cut down your carbon footprint, and how you promote equity, diversity, and inclusion.
4. Clean online reputation
Besides building a trustworthy employer brand, you also need to manage your company’s reputation online. Candidates nowadays research employers before applying for a job, and you need to ensure there are no complaints or bad reviews to repel valuable candidates.
A PR specialist can help you explain tactfully why some people review your company negatively.
5. Safe and agile work settings
People want safety, autonomy, and flexibility in their jobs. Create a safe, flexible, and adaptive work setting and provide your employees with the necessary tools to complete their jobs. Suppose you fail to protect your employees from accidents.
In that case, your reputation might suffer irremediable damage because no one wants to work for an employer that doesn’t value its workforce’s safety. It’s easy nowadays for an employee experiencing work-related injuries to claim compensation as they have access to tools like compensationcalculatoruk.co.uk that provide all the information they need to build a case. The last thing you need is a prospective candidate to find your company is held liable for a workplace accident.
The secret to retaining top talent is to build policies that help people be more flexible and efficient in their jobs. The pandemic taught people to adopt the You Only Live Once philosophy, so they prefer to work for companies that allow them to have a work-life balance.
6. Professional development opportunities
Studies show that professional development and advancement opportunities are significant factors in attracting qualified talent. 59% of candidates decide to work for an employer if it provides them with professional development opportunities.
78% of workers also state that they’d stay with their current company longer if it would enable them to create a career path.
Therefore, you should encourage your human resources team to create professional development for your employees to help them achieve their career goals.
Here are some recommendations on how to promote a learning culture within your company:
- Host regular training sessions
- Subscribe to an online learning platform and offer your employees access to free classes
- Reward learning champions
- Develop in-person learning opportunities
- Discuss professional development with each employee
Continuous Learning
We discussed earlier that training and learning opportunities could help your company retain and attract talent. But it’s crucial to highlight it more because often, employees stop learning once the onboarding process is complete.
Technology is changing at a rapid pace, and it’s crucial to help your employees develop new skills and aptitudes to complete their jobs more efficiently.
If you provide your team with learning opportunities, you do more than retain existing talent, you also become more attractive to future applicants.
Continuous learning keeps your employees competent and encourages them to adapt to the latest chances so they can advance in their careers.
Final Thoughts
In the present job market, you must show your company is a first-rate employer to attract top talent. Establish your reputation as the ideal company to work for by sharing your values and company culture.
Attracting and retaining employees becomes easier if you ensure your company has the ingredients to portray a strong employer brand.
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