News Release
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Employers are awakening to the need to position themselves more strongly in
the employment marketplace. Alert leaders realize that competition for top
talent is intensifying. Human resource professionals partner with marketing
colleagues to brand the organization.
Employers are moving more aggressively to make themselves more attractive to
top talent in increasingly turbulent employment market. While many US
companies still lag in this effort, employers elsewhere are very active,
seeking recognition that will garner the attention of workers.
As Canadian employers increase salaries and benefits, there is a clear move
away from cost-cutting measures. In the annual Watson Wyatt Canadian
Strategic Awards Survey, it was obvious that the direction of corporate
policy is changing. Liz Wright, Toronto practice director of Strategic
Rewards at Watson Wyatt, observed that [employers] seek "to strike a balance
between holding the line on costs and holding on to their people."
The survey shows that critical-skill employees---those with skills needed for
organizations to remain competitive---are in demand, while non-critical-skill
employees are most vulnerable to workforce reductions. More than one-third of
organizations surveyed (34 percent) plan to significantly increase their
hiring of critical-skill employees this year, while only 3 percent plan to
make reductions. Thirty-four percent of employers indicate they experience
moderate or great difficulty in attracting critical-skill employees, while 20
percent indicate the same for retaining those employees.
"These results highlight the importance of striving to become an 'employer of
choice,'" said Graham Dodd, practice director of Watson Wyatt's Human Capital
Group. "The best employees are naturally drawn to the most successful
organizations."
England's "Trinity Mirror newspaper reported that "An 'exceptional
understanding' of its workforce's needs helped earn Johnson's Coach Travel,
Henley-in-Arden, a special achievement award from Warwickshire County
Council. The Employer of Choice Award was made in recognition of the firm's
work in helping employees balance their lives inside and outside work."
Similar activities and recognition are underway in other countries like
Australia, New Zealand, and Oman. In the United States, Employer of Choice,
Inc. owns the Registered Trademark for Employer of Choice� and recognizes
qualifying employers with the coveted Employer of Choice� Award.
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From "Herman Trend Alert," by
Roger Herman and Joyce Gioia, Strategic Business Futurists, copyright 2004. (800) 227-3566 or www.hermangroup.com.