Let's Get Engaged
Being at the coal face of recruitment communications, Barkers people spend the majority of their time helping clients to source the best talent in the most cost effective way. But I can’t help feeling that a great deal of the time and expense taken up by recruitment could be avoided.
Don’t get me wrong, I fully understand the need to have a pipeline of fresh talent entering a business, but it seems sometimes that HR teams are so focused on getting bums on seats, they fail to pay heed to the reasons why they are spending so much time recruiting in the first place.
In my experience, much recruitment activity appears to be a direct reaction to high attrition rates. But rather than questioning the causes of high staff turnover, HR teams seem to just accept it as a fact of life, and plough on with their recruitment drives regardless.
In reality, the effect of high attrition is actually much greater than just the cost of high levels of backfill recruitment. It has a much deeper impact on an organisation’s ability to deliver. A revolving door of talent drives down the quality of knowledge and skill within a business, which has an effect on customer service, delivery ability, reputation and ultimately, productivity.
I really believe that if organisations invested more time into communicating their values, their vision and their corporate mission internally, as well as promoting the benefits of staying and developing within their organisation, they wouldn’t need to spend as much time and expense sourcing replacement talent for those people who have drifted away.
Good, consistent, top-down internal communication not only reduces recruitment costs by reducing attrition, it creates employee engagement. And there’s clear evidence that an engaged employee is not only more likely to stay with a company, but they are also more likely to improve business performance.
Management Consultancy Towers Perrin estimates that for each 1% rise in employee engagement, an organisation should expect to see a 0.1% rise in sales. So, whilst businesses will spend millions on Marketing and Recruitment to improve business performance, it strikes me that very often the same result could be achieved much more simply and cheaply, by creating better internal HR communication.
It would appear that sections of the HR community are cottoning on to this. Many of our more forward-thinking clients are increasing wanting to talk to us not just about their recruitment needs, but also their internal engagement strategies. They want to make sure that that "feel good" engagement a new joiner experiences doesn’t fade and taint over time. They are recognising that internal employer branding is every bit as crucial, and every bit as fruitful, as external employer branding.
So, my advice to any HR professional would be to spend a bit more time creating a "flag to rally around" within you organisation. There’s plenty of evidence to show that if you do it well, the return on investment will be great.
David Thompson, Barkers Bristol