NOT ALL BRANDS ARE THE SAME
In classical brand theory, we distinguish between corporate brand and the product or service brand of a company. Anyone who also manages to build a strong employer brand makes himself more attractive for existing/potential employees, can counteract the lack of skilled workers and gains inner strength, e.g. by building up knowledge thanks to low employee turnover.
Employer Branding
ADVANTAGES OF THE EMPLOYER BRAND
RECRUITMENT OF PERSONNEL
IIncreasing attractiveness as an employer, reducing recruitment costs,
Finding more suitable applicants
EMPLOYEE RETENTION
Increase of loyalty, reduction of the turnover rate
Identification with the employer, higher ROI
Retention of know-how
CORPORATE BRAND
Increased market presence, improved corporate image
Increased competitiveness
CORPORATE CULTURE
Increased productivity, better working atmosphere
Reduction of sick days, visibility/living values
RESULT
Employee commitment, cost reduction, increase in the quality of work
MOTIVATION
Retain current employees, attract potential employees
SUCCESS
Economic benefits through low employee turnover, low sickness rates and higher performance and productivity of employees
DIFFERENTIATION
Compared to competitors who address potential employees with bland formulations (”Lleading company is looking for passionate employees with team spirit”)
ATTRACTION
A strong employer brand can have a positive influence on the image of the corporate brand
CORPORATE CULTURE
Positive impact on company size, employee retention and performance motivation