HR Resources » Human Resource Advice » Employer Branding » Preparing for a challenging future.
Preparing for a challenging future. |
|
Employers everywhere face a challenging set of variables regarding the workforce of the future. Boomers are leaving the workplace and the following generation is not large enough to replace the lost talent. By 2020, there will be 14 million fewer workers than jobs in the U.S. Within the available pool of talent, the number of college-educated individuals will remain essentially the same over the next two decades, leaving a significant talent gap.
Therefore, the smaller pool of talent remaining will have many more choices. Also, this group is much more diverse than any previous generation, which creates its own set of challenges in attracting, retaining and managing it.
What is the best way to win the war for talent? By establishing an employment brand.
This is not a radical concept. Branding has been with us for many years and has proven to be one of the most powerful tools for communicating with the public. Marketing brands help consumers identify their desires and express who they are. People want to be associated with the brands that mean the most and that fit them best.
The concept of branding can be readily applied to employment communications. Careers are a highly significant aspect of people’s perception of themselves – they want to work for the organizations that mean the most to them and express who they are. The value of employment branding is obvious.