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bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Rusty Lindquist
Vice President of Thought Leadership
at BambooHR
Lydia Frank
Vice President of Content Strategy
at PayScale
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Innovation:
The keystone
of differentiation
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Competitive Abundance
GLOBALIZATION
has shrunk the world
TECHNOLOGY
has leveled the playing field
LOW ENTRY BARRIER
has increased startups
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
The Commoditization
of Innovation
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Differentiation decay
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Value Entropy
TIME
PERCEIVED VALUE
of INNOVATION
Remarkable
Expected
L
H
Expected
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Focus on Who YouAre
PEOPLE
Relentlessly attracting, inspiring,
and empowering great people.
CULTURE
Creating a great place to work,
so great work can take place.
–Bersin by Deloitte
Ram Charan
Best-selling Author, Business Advisor
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
This is Employer Brand
Culture
(How you behave)
Story
(What they say about
how you behave)
HOW
WHAT
WHY
Mission
Values
Beliefs
(who you are)
OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
Start With Why
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Start With Why
Culture
(Behaviors: including
how you pay)
Story
(Including what they say about
how you pay)
This is PayBrand
HOW
WHAT
WHY
Mission
Values
Beliefs
(who you are)
OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
So Much of Your Employer Brand Comes Down
to Pay Brand
Attracting / retaining talent is about reputation – what would your
employees tell others about what the org values?
• What you pay
• How you pay
• Why you pay the way you do
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Your Employees Have QuestionsAbout Pay
Am I getting a good
deal?
How does my pay
compare to that of
my peers?
Does my company
care about addressing
gender pay issues?
Does my company
provide equal access
to opportunities?
Why am I paid the
way I am?
What can I do to
earn more?
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Only 1 in 5 Employees Feel Fairly Paid
43%
of employers say their
employees are paid fairly
21%
of workers think they
are paid fairly
64%
of workers paid the
market rate and
35%
of overpaid workers
think they are underpaid
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
74% of Orgs Say a Mgr/Function Leader Has a Hand
in Communicating Pay Decisions
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
There’s a DisconnectAround Pay Communication
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Employee Pay Perception Is 5x More Impactful Than
How You Pay vs. Market
0%
20%
40%
60%
80%
100%
Low Medium High
Perceived Pay Fairness Perceived Pay Transparency
% Who intend to leave % High employer satisfaction
0%
50%
100%
Low Medium High
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Orgs Who Demonstrate a Commitment to
Gender Equity Retain Their Talent
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Culture
(How you behave)
Story
(What they say about
how you behave)
HOW
WHAT
WHY
Mission
Values
Beliefs
(who you are)
OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
Start With Why
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
WHY
Your employer brand acts as
gravitational waves, reaching
out and drawing candidates
in… inviting them into the orbit
of your organization.
ee
ee
ee
ee ee
ee
ee
ee
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
WHY
WHY
WHY
ee
ee
ee
ee ee
ee
ee
ee
ee
ee
But you’re not the only
one drawing them in.
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
WHY
ee
The orbit of employee engagement
Peak
Engagement
(Flow)
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
WHY
ee
The orbit of employee engagement
Departure Trigger
Emotional Distancing
Galvanizing Resolve
Maximum Emotional
Sensitivity (lowest
gravitational pull)
Crystallization of
Discontent
Escape
Velocity
Decision to
Re-engage
Re-Entry
(emotional refueling)
Peak
Engagement
(Flow)
Optimal Orbit
Intervention
Opportunities
Journey of Disengagement
Journey of Re-engagement
Organizational Waste
(20% Productive Power)
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
WHY
ee
Departure Trigger
Emotional Distancing Galvanizing Resolve
Maximum Emotional
Sensitivity (lowest
gravitational pull)
Crystallization of
Discontent
Escape
Velocity
Decision to
Re-engage
Re-Entry
(emotional refueling)
Peak
Engagement
(Flow)
Optimal Orbit
Intervention
Opportunities
Organizational Waste
(20% Productive Power)
COMP
(the story of how much we are valued)
tends to be one of the most common departure
triggers, throwing an employee into a cycle of
emotional distancing.
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Companies With Strong Pay Brands
“Fair/Competitive” “Equitable” “Transparent”
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Top-Performing Orgs
Build Their Pay Brand
With Intention
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
They Have a Compensation Strategy
Talent market /
competition
Data sources
Alignment to
business goals
Communication
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
They Understand the Value of Pay Transparency
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
They Treat Pay as an Ongoing Dialogue
• 56% of top performing orgs have
completed a market study within last 12
months.
• 31% of top performing orgs give bonuses
or incentives at least quarterly
• 37% of top performing orgs get market
data for individual jobs at least monthly
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
They Involve
Their Managers
Top-performing orgs trust their
managers to be a more integral
part of the pay process.
*Agree or Strongly Agree
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Recap on Pay Brand
1. Employees and managers form their own perceptions, so it’s
better that you drive the conversation
2. Pay brand impacts talent acquisition, engagement, retention,
your reputation in the market, and your bottom line.
3. Think about your pay brand in terms of what you pay, how
you pay, and why you pay the way you do.
4. Make pay an ongoing dialogue, not one-off events.
5. Manager involvement & effective communication are critical
to building a pay brand.
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
BambooHR
Receive a free job posting on our ATS and full HRIS for one week.
We will contact everyone within the next few days to set this up.
PayScale
Questions?
Check out our resources on compensation
www.payscale.com/compensation-today
bamboohr.com
Crafting Your Employer Brand: Why It Matters and How to Do it Well
payscale.com
Follow BambooHR and PayScale on social media:
bamboohr.com/blog | payscale.com
Thank you!

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Crafting Your Employer Brand

  • 1.
  • 2. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Rusty Lindquist Vice President of Thought Leadership at BambooHR Lydia Frank Vice President of Content Strategy at PayScale
  • 3. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Innovation: The keystone of differentiation
  • 4. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Competitive Abundance GLOBALIZATION has shrunk the world TECHNOLOGY has leveled the playing field LOW ENTRY BARRIER has increased startups
  • 5. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com The Commoditization of Innovation
  • 6. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Differentiation decay
  • 7. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Value Entropy TIME PERCEIVED VALUE of INNOVATION Remarkable Expected L H Expected
  • 8.
  • 9. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Focus on Who YouAre PEOPLE Relentlessly attracting, inspiring, and empowering great people. CULTURE Creating a great place to work, so great work can take place.
  • 12.
  • 13. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com This is Employer Brand Culture (How you behave) Story (What they say about how you behave) HOW WHAT WHY Mission Values Beliefs (who you are) OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE) Start With Why
  • 14. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Start With Why Culture (Behaviors: including how you pay) Story (Including what they say about how you pay) This is PayBrand HOW WHAT WHY Mission Values Beliefs (who you are) OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)
  • 15. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com So Much of Your Employer Brand Comes Down to Pay Brand Attracting / retaining talent is about reputation – what would your employees tell others about what the org values? • What you pay • How you pay • Why you pay the way you do
  • 16. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Your Employees Have QuestionsAbout Pay Am I getting a good deal? How does my pay compare to that of my peers? Does my company care about addressing gender pay issues? Does my company provide equal access to opportunities? Why am I paid the way I am? What can I do to earn more?
  • 17. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Only 1 in 5 Employees Feel Fairly Paid 43% of employers say their employees are paid fairly 21% of workers think they are paid fairly 64% of workers paid the market rate and 35% of overpaid workers think they are underpaid
  • 18. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com 74% of Orgs Say a Mgr/Function Leader Has a Hand in Communicating Pay Decisions
  • 19. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com There’s a DisconnectAround Pay Communication
  • 20. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Employee Pay Perception Is 5x More Impactful Than How You Pay vs. Market 0% 20% 40% 60% 80% 100% Low Medium High Perceived Pay Fairness Perceived Pay Transparency % Who intend to leave % High employer satisfaction 0% 50% 100% Low Medium High
  • 21. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Orgs Who Demonstrate a Commitment to Gender Equity Retain Their Talent
  • 22. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Culture (How you behave) Story (What they say about how you behave) HOW WHAT WHY Mission Values Beliefs (who you are) OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE) Start With Why
  • 23. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com WHY Your employer brand acts as gravitational waves, reaching out and drawing candidates in… inviting them into the orbit of your organization. ee ee ee ee ee ee ee ee
  • 24. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com WHY WHY WHY ee ee ee ee ee ee ee ee ee ee But you’re not the only one drawing them in.
  • 25. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com WHY ee The orbit of employee engagement Peak Engagement (Flow)
  • 26. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com WHY ee The orbit of employee engagement Departure Trigger Emotional Distancing Galvanizing Resolve Maximum Emotional Sensitivity (lowest gravitational pull) Crystallization of Discontent Escape Velocity Decision to Re-engage Re-Entry (emotional refueling) Peak Engagement (Flow) Optimal Orbit Intervention Opportunities Journey of Disengagement Journey of Re-engagement Organizational Waste (20% Productive Power)
  • 27. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com
  • 28. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com WHY ee Departure Trigger Emotional Distancing Galvanizing Resolve Maximum Emotional Sensitivity (lowest gravitational pull) Crystallization of Discontent Escape Velocity Decision to Re-engage Re-Entry (emotional refueling) Peak Engagement (Flow) Optimal Orbit Intervention Opportunities Organizational Waste (20% Productive Power) COMP (the story of how much we are valued) tends to be one of the most common departure triggers, throwing an employee into a cycle of emotional distancing.
  • 29. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Companies With Strong Pay Brands “Fair/Competitive” “Equitable” “Transparent”
  • 30. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Top-Performing Orgs Build Their Pay Brand With Intention
  • 31. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com They Have a Compensation Strategy Talent market / competition Data sources Alignment to business goals Communication
  • 32. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com They Understand the Value of Pay Transparency
  • 33. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com They Treat Pay as an Ongoing Dialogue • 56% of top performing orgs have completed a market study within last 12 months. • 31% of top performing orgs give bonuses or incentives at least quarterly • 37% of top performing orgs get market data for individual jobs at least monthly
  • 34. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com They Involve Their Managers Top-performing orgs trust their managers to be a more integral part of the pay process. *Agree or Strongly Agree
  • 35. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Recap on Pay Brand 1. Employees and managers form their own perceptions, so it’s better that you drive the conversation 2. Pay brand impacts talent acquisition, engagement, retention, your reputation in the market, and your bottom line. 3. Think about your pay brand in terms of what you pay, how you pay, and why you pay the way you do. 4. Make pay an ongoing dialogue, not one-off events. 5. Manager involvement & effective communication are critical to building a pay brand.
  • 36. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com BambooHR Receive a free job posting on our ATS and full HRIS for one week. We will contact everyone within the next few days to set this up. PayScale Questions? Check out our resources on compensation www.payscale.com/compensation-today
  • 37. bamboohr.com Crafting Your Employer Brand: Why It Matters and How to Do it Well payscale.com Follow BambooHR and PayScale on social media: bamboohr.com/blog | payscale.com Thank you!