Keep up with the latest hiring trends!
How your current employees feel now, reflects how potential candidates will feel about your company when you come looking for them to join you. So, determining how engaged your employees are now, will be quite a good reflection of how your company’s culture shapes up in the minds of all potential candidates!
But be warned, you may not like what you find initially (but as with most things, working from the inside out is the best way to go!):
- 88% of employees don’t feel passionate about the work they do. This is a huge statistic. It’s very easy to notice the difference between employees that are genuinely passionate about the work they do, and employees that are there simply to collect a pay check. If an employee doesn’t feel passionate about what they do, not only will they not complete their day-to-day work to the best of their best ability or with pride, they won’t speak about their job or your company in a positive manner to their friends and family either. Referrals are the number one source of hire across the globe, accounting for 24.5% of all hires, so for even one employee to bad mouth your company can hit your talent pool very hard. How does your company motivate their employees? Are those ways successful? Check how major companies motivate their employees here.
- 83% don’t feel they have a compelling and engaging employer brand. This is quite disturbing when you consider that a massive 57% of candidates say a company’s reputation as a great place to work is the most important consideration for a new job, and 91% believe employer branding plays a key role in whether or not they express interest in working with a company. What does this mean for you? It means that your Employer Branding efforts need to be on point if you are to attract top talent.An honest/transparent company that gives back to both their employees and the wider community is of high importance to employees, according to talent management technology reviewer Software Advice’s research, so investing in a strong employer brand is imperative to the happiness of both your current employees and potential employees. If you are unsure how to do this, please read this post, it could be the answer to all of your retention and engagement woes. (No joke.)
- 80% of employees would like to work fewer hours. That stat begs the question “Would reduced hours increase engagement and productivity?” or would other options like working from home quench employees thirst for more down time? Some studies are already indicating that alternative options such as offering telecommuting and work from home options are the way forward. In the IT sector for example, roles offering telecommuting opportunities received 3-6 times more applicants than those that didn’t, and 33% of IT workers said they would take a 10% pay cut for the chance to work remotely.