5 reasons for investing in your talent brand
TRANSCRIPT
How we define Talent Brand
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Talent Brand n.
• The highly social, totally public version of your employer brand incorporating what talent thinks, feels, and shares about your company as a place to work.
• A significant asset for both hiring/retaining great talent and promoting your corporate image to the market.
1. Strong talent + consumer brand lead to better stock performance
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Lin
ked
In T
alen
t B
ran
d I
nd
ex
Lippincott Customer BrandView Index
Cumulative change in stock price over 5 year period
36%
28%-6%
10%
HighLow
Hig
hL
ow
Source: Lippincott BrandView survey of 30,000 respondents and LinkedIn’s Talent Brand Index data for 150+ publicly traded companies in the US
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2. A strong Talent Brand is associated with lower cost per hire
Source: LinkedIn July 2012 survey of over 4,700 talent acquisition decision-makers across 15 countries. See: What’s the value of your employer brand? http://talent.linkedin.com/blog/index.php/author/eda-gultekin/
Up to
50% savings in per cost hire is associated with a
strong employer brand
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3. A strong Talent Brand increases response rates to recruiter messages
Based on analysis of 2.6 million messages, engaging your audience can double your InMail response rates on LinkedIn
NO PREVIOUS ENGAGEMENT
1X 2X
ENGAGED AT ALL TOUCHPOINTS
Relative response rate
4. Companies with a strong talent brand attract 50% more applicants to their jobs
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2X 3XRelative
applications
per
job
WEAK TALENT BRAND STRONG TALENT BRAND
5. Companies with a strong talent brand find 3X as many of their hires through LinkedIn
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NO PREVIOUS ENGAGEMENT ENGAGED AT ALL TOUCHPOINTS
1X 3XRelative % of hires influenced by LinkedIn