Job seekers want to know what your values are
A survey stated that 54% of employees said they would be willing to forgo a pay raise to work for an organization that shares their values. And 56% said they wouldn’t even consider applying for a job at a company whose values they disagree with.
Today, job seekers look for more than just pay and benefits from their employers. Work values contribute to the overall job satisfaction and success of a company. Why all the emphasis on company values? We’ll explain!
Companies that hire talented people have realized that the skills they express on paper don’t necessarily get delivered. Businesses are now increasingly seeking candidates who show interest beyond paychecks. It’s all about VBR now—value-based recruitment. Here, recruiters exclusively unlock their values to see which candidates’ values overlap with theirs. They believe that candidates will have a reason to engage with them.
If we hire you based on your skills, we’ll get a skilled employee. If we hire you based on your skills, your enduring passions, and your distinct experiences and perspectives, we’ll get a Googler. That’s what we want.”
Why is expressing your organizational culture important?
Brings about positivity:
Companies must translate their values to make hiring easier and more effective. Every organization has a set of core values. For instance: make a difference in the community. integrity and honesty or humiliating growth and learning. These clear sets of values, give job seekers a motive to work for you. When their values relate to the company, they get more inspired and motivated, hence creating a positive atmosphere at the workplace.
An improved retention rate:
Employees get motivated to work toward a company’s advancement when they share its basic values and mission. They try to preserve and enhance its robust culture out of respect for it. Their level of job satisfaction inevitably rises as a result, aiding in retention.
Rise in productivity:
The structure of the workplace is influenced by an organization’s culture. When hiring decisions are made based on a company’s values, it brings together individuals with like-minded interests and qualifications. resulting in the creation of a more favorable and effective environment.
Brand awareness:
Strong fundamental values help businesses project a better public image. Consumers support the brand’s mission and identify with it. A positive company culture attracts additional employees and companies to collaborate with them by spreading the word about it.
Instills better values in new hires:
Companies with good work cultures retain top performers, giving them the right leadership qualities. They help propagate the culture, instill better values in new hires, and foster a healthy work environment.
It’s time organizations created value-aligned jobs. This method helps increase diversity and inclusion and results in recruits that are effective in the long run and contribute to a better work-life balance, which enhances performance, job satisfaction, and a sense of personal fulfillment.
To discuss how communicating your company’s values could help you achieve your hiring objectives, get in touch with AMBC.