Employer Branding Flashcards
Question: Why is employer branding important and how does it impact talent acquisition and retention?
Answer: Employer branding is important because it promotes the company as an attractive place to work, enhancing its reputation among current and potential employees. A strong employer brand helps attract and retain top talent by creating a positive image and a compelling Employee Value Proposition (EVP).
Question: What role do mission, culture, and values play in recruitment and retention?
Answer: Mission, culture, and values attract and retain talent who are inspired by the company’s vision. They provide a clear direction, especially during times of change or uncertainty, and help guide the organization’s response, ensuring alignment with the company’s strategic goals.
Question: What elements should be included in a strong Employee Value Proposition (EVP)?
Answer: A strong EVP should include competitive compensation, benefits, career development opportunities, work-life balance, a positive work environment, and alignment with the company’s mission and values.
Question: How can a company’s internal reputation affect its external employer brand?
Answer: A company’s internal reputation, reflected through employee satisfaction and engagement, can enhance or damage its external employer brand. Positive internal perceptions can attract external talent, while negative internal experiences can deter potential candidates.