Nearly every business prides itself on being an Employer of Choice, but we all know that isn’t the case. I’m sure the muckity-mucks at Radio Shack (owned by the Tandy Corp.) have spoken about being an “Employer of Choice” … but we know otherwise.
In a recent BusinessWeek column (sub. req’d), Jack and Suzy Welch gave wise advice for companies wanting to become a preferred employer. Here’s the gist of their advice.
Setup: “… when you build a company where people really want to work, you’ve got your hands on one of the most powerful competitive advantages in the game: the ability to hire and field the best team.”
The Preferred Employer Checklist:
#1 | Preferred employers continuously offer their employees personal and professional growth opportunities from in-house leadership/educational seminars to outside training programs.
#2 | Preferred employers consistently appraise the performances of employees and reward accordingly with merit increases and promotions.
#3 | Preferred employers foster environments where employees are encouraged to take risks and be innovative even though they may fail.
#4 | Preferred employers are enlightened and respect the need to be diverse, globally aware, and sensitive to social matters.
#5 | Preferred employers have rigid criteria for hiring the right people. These companies know that when they hire the right person, they will in turn, will hire the right people.
#6 | Preferred employers are healthy businesses that are growing in size, stature, and profits.
SOURCE: BusinessWeek | “How to be a Talent Magnet” | Sept. 11, 2006