becoming an employer of choice marc anderberg career development resources
TRANSCRIPT
BECOMING ANEMPLOYER OF CHOICE
Marc AnderbergCareer Development Resources
• Define
• Rationale
• Characteristics and Practices
• Exemplary Case Study
• Role of the Texas Workforce Network
Defining “employer of choice”
A firm that succeeds in increasing itsprofitablility and/or market share througheffective human resource managementpractices.
Notice two things implied in this definition
What is in it for employers?
It is the employees who are makingimportant choices
Nothing really new -
Call for a return to the old notion ofa “social contract” between the employer and the employee
A mutually beneficial relationship basedon “reciprocity.”
Optimal productivity in exchange for fair treatment
RATIONALE
Productivity, profitability and growth
Link between skills and productivity
Scarcity gives highly skilled workers widerlatitude in their choices regarding wherethey work and under what conditions
A “happy” worker is more likely to comeon board, be productive and remain loyal
What is in it for the employer?
Reduced cost of turnover
Downtime or costly alternativesRecruitmentKnow-how
Increased productivity
Decreased absenteeismProficiency gains with timeIntangibles -- like dedication
What’s in it for the employee?
Employment retention Profitable firms less likey to downsize When firms downsize, the most productive workers are the least likely to get cutCareer progressionEarnings gainsIntangibles
Sense of securitySense of satisfaction
Characteristics and Practices
Above average wages and benefitsWork-styleInternal career ladderCommitment to skill upgradesAmenities
example - employer-arranged on-site child care
Case Study -- SAS Corporation
Practices
Results
Role of the Texas Workforce Network
Labor market information
Job development
Incumbent worker training
Technical assistance & auditsExit interview feedbackPromoting the conceptRecognizing employers of choice
What’s in it for the Texas Workforce Network?
Obligation to employers under WIA
Building relationships with employersbased on an understanding of their“bottom-line” requirements
Becoming the provider of choice
Serving the needs of the job-seekers
Note that I put serving the job-seekersat the end of the list
Change in the paradigm of workforcedevelopment under WIA
for practical reasons and philosophical reasons
Without productivity there areno profits. Without profits, there is nogrowth. Without growth, there aren’tenough jobs to absorb your job-seekers
