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The 9 Ways a Diverse Workplace Will Enable Your Team to Thrive

  • October 1, 2020

Before we look at ways to build a diverse workplace for your team, it’s worth thinking about what exactly we mean by a ‘diverse workplace’. There are so many buzz words around at the moment that it’s hard to know what they all mean – and if they communicate the same thing to everyone.

The ‘company culture’ that diversity and inclusion bring have gained momentum as de rigour in the world of work for candidates looking for employment. A recent workplace study found that 56% of employees valued a good company culture fit over salary.

Workplace diversity means employing people with a wide range of diverse characteristics. These could include age, gender, race, religion, cultural background, language, sexual orientation, education, ability, etc…the list goes on.

But it’s not just a fad – there are tangible benefits from offering a diverse workplace in the form of achieving higher productivity and profits for those who embrace workplace diversity in their business. And workplace diversity was one of the key trends last year – with no signs of stopping as we head towards 2020.

So, how will building a diverse workplace for your team encourage them to flourish? Here are 9 ways diversity can help your business achieve success:

1. Increases Creativity

Diversity is one of the critical ingredients for creativity. Diverse solutions come from having multiple options that are provided when you have a group of individuals with different thought patterns, world views and ideas.

In your team, having employees who are all very similar in terms of mindset and life experience inevitably leads to a smaller viewpoint overall.

Conversely, harnessing the personal creativity-diversity techniques of a group of people who recognise that everything can be viewed in multiple ways can lead to the generation of more creative ideas. If your Fee Earners and Solicitors come from diverse backgrounds and experiences, they will inevitably have a wider pot of knowledge from which to draw fresh ideas and solutions.

2. Allows Different Perspectives

Different perspectives are beneficial when it comes to strategic planning.

The ability to see things from alternative points of view will allow your business to better judge which direction it should take in goal planning. Having varied options, and a clear idea of results from those options will enable your business to decide which is the best route to take to achieve the required overall result.

3. Makes Problem-Solving Easier

Again, the scope provided by a diverse team makes it quicker to problem-solve. Because different individuals think in different ways, it’s possible to quickly come up with various potential solutions to a problem, from which a final decision can be made.

This Harvard Business Review report confirms that diverse teams solve problems faster than cognitively similar groups.

4. Encourages Innovation

A melting pot of novel world views can open doors to innovation. It can be inspiring to be part of a group that sees things in a different way and can come up with creative innovation that otherwise may not have been considered. The ability to think outside the box and from a different angle can enable diversity of ideas to come to light.

Additionally, in an environment where diversity and inclusion are nurtured, it’s likely that individuals are more inclined to voice their ideas without fear of reprisal or ridicule. For example, junior members are more enabled to come forward with ideas if they believe they will be listened to and encouraged to contribute.

In a forward-thinking workplace, you are more likely to achieve innovation through group participation – you never know what ideas your team may hit upon!

5. Engages Employees

The link between diversity and engagement is an obvious one. Where employees experience inclusivity they automatically feel engaged and loyal to their business.

Businesses that has engaged employees will benefit from a strong team with shared values. Along with diverse and inclusive traits comes a nimble and agile team who can turn things around quickly, achieving more in less time and with access to multiple possible solutions – driving your business forwards.

6. Improves Company Reputation

Your Employer Brand is how you are perceived by the outside world. To ensure your business is seen in a positive light as knowledgeable, reliable and at the top of your game, it’s essential to ensure that your employer brand is truly reflecting your worth and achievements.

Having happy and motivated employees helps your business retain its status and reputation. In addition to the better service they will inevitably provide your clients, their online chat and information – formal and informal – alongside word of mouth and personal recommendation to friends and family, will help position you as the go-to business.

7. Achieves Better Retention

A business who offer a diverse and inclusive workplace is going to make their employees feel valued and appreciated as individuals. Happiness in work leads to better retention levels, with staff showing loyalty to a fair employer and staying with them to build their career. Employee turnover can be costly, so investing in your diverse team is pivotal in achieving better retention rates.

8. Attracts New Talent

Ultimately, a business with a great reputation for diversity and inclusion, who has engaged employees, good profit margins, innovative ideas, a superb reputation and high retention levels is bound to attract new talent to want to work there.

And if that isn’t enough to convince you…

9. Increases Profits

McKinsey & Co found that where companies had more diverse teams, they also performed better financially.

Diverse teams are better able to win new talent to the business. This, in turn, helps to improve client service, employee satisfaction and make decision-making faster.

All this gives a forward-thinking, diverse business an advantage over competitors and enables them to achieve more profit as a result: a cycle of increasing returns.

Conclusion

Bringing a mix of skills and experiences to the workplace is good for business, providing an admirable company culture for your business. It’s worth noting that this starts at the top, too. Diversity at senior level is more likely to introduce new product innovations than are those with homogeneous “top teams.”

In the millennial age, offering diversity and a great company culture means harbouring an environment where all employees are respected and valued, where there is a vision shared and worked towards by everyone, and where communication, transparency and teamwork are paramount.

While I’m not suggesting that achieving excellent diversity across your business will be easy, it’s something to consider working towards. The benefits are multiple, and your employees will thank you for it – as will your Senior Partners when they see the benefits reflected in the business’s reputation and profit margins.

About Clayton Recruitment

Clayton Recruitment has been partnering with organisations across thecountry since 1989, and during that time has built up an excellent reputation for trust and reliability. With specialist divisions covering Commercial, Financial, and Engineering appointments, on a permanent basis.

If you are looking for your next career move, we can help. Call us on 01772 259 121.

If you would like to access our free guides, view them all here.

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How to Attract The Right Accountancy Candidates With Your Employer Brand

  • September 21, 2019

Is your company paying attention to its employees, as well as your customers?

Your employer brand might be the silent reason between attracting the accountancy candidates you want and being left wondering ‘where are all the great candidates?’

Currently, three in four employers state that they find it hard to fill vacancies. It is a candidate-driven market, and the best candidates invariably flock to the ‘best’ companies.

Your employer brand is a tool which you can use to attract the kind of people who will enrich your company and who will be good for business – so what exactly is an employer brand? And how can you use it to your advantage? This article will show you how.

What Does Your Employer Brand Say About You?

Before you can decide how your employer brand needs to be tweaked (or overhauled), you first need to understand what kind of employer brand you currently have.

When you think of a company – take Google, for example – what is the kind of ethos that you associate with this brand? They’re forward-thinking, have a famous reputation for their incredible workspaces and are at the cutting edge of most software technologies.

What do you think would be the first things that pop into potential candidates’ minds when they think about your company? Do you have a strong market presence? Are you active on social media? What kind of people works for you?

You can create an audit using a variety of sources – ask your current employees to take part in surveys, hold stakeholder interviews with key figures, and send questionnaires to people who have rejected your job offers.

When you have compiled an analysis of your current employer brand, you can start to see where you might like to improve.

Size Up The Competition

In your quest to win the best candidates, your main barrier is your direct competitors.

When you are based in a big city, there can be several firms all competing for the best talent, but over a smaller area, the numbers can get uncomfortably close. You might even personally know the accountants working for other firms – you might have lost out to them previously.

If you have one, or a few, direct competitors (be that geographically or in your sector specialism) how does your firm measure up?

I’m not suggesting you copy mission statements or logos from your competitors, but you can take inspiration from organisations you admire. Has a rival firm recently upped their marketing with physical and online adverts? What are their job descriptions like? These are places where you can take inspiration from.

Create a Plan

Once you have identified the issues with your current employer brand, how would you like these to improve?

If you are attracting X kind of candidates, but you want Y candidates, how can you get these candidates to interact with your business more?

It is here that you can develop your ‘Employer Value Proposition’. Your EVP describes the salary, compensation and benefits that you provide to your employees.

In today’s job market, EVP’s are becoming increasingly competitive. Driven by a younger workforce (millennials are set to make up a third of the global workforce by 2020), employers are increasingly offering health insurance, dental plans, childcare, and health and wellbeing programmes.

Recent research from the United States shows that 80% of employees think that workplace benefits are more important than salary, and it’s a similar picture in the UK too. Get your benefits package right, and the great candidates will follow.

Review your candidate avatar and direct your online presence toward the kind of candidate you want – starting with your online content.

Upgrade Your Online Presence

Updating your online profile is a great way to cultivate your employer brand. Gone are the days of dry finance websites full of blocks of monochrome text.

While accountancy might have once had a reputation for being a sector which operates strictly behind the scenes, this is now changing.

A desire for transparency in all areas of the workplace has meant that companies are now more forthcoming with information which was previously only ‘behind the scenes’. An example of this is CEOs of companies getting involved in online videos that can be shared as advertising – think of Amazon’s Jeff Bezos. Twenty years ago we never knew the directors of large multinational companies: now they are never out of the news.

Some of the biggest news stories in the last few years have included accountancy – there is rarely a week where the global financial powers are not in the news.

Adapting your online presence is an easy way of remodelling your employer brand. Most job seekers will now check your website as their first port of call before applying to your firm, and they have certain expectations. They will be looking for active social media accounts, a modern and informative website containing blogs and other forms of content.

Encourage Advocates

Thanks to our hyper-connected world, review culture have made it possible to ‘try before you buy’ for almost anything and everything.

Your current employees should be involved in your employer branding strategy, and this is an opportunity to build the kind of team you want.

LinkedIn is a great way to involve your current employees to act as advocates for your firm.

Use your company’s LinkedIn company page to share articles, give company updates and engage with your staff and other companies whose values align with your own.

A company with a robust online presence with actively engaged employees is a crucial way to impress prospective candidates. Job seekers are far more likely to apply to a company that has provided them with some credible information and can demonstrate a good employee experience.

Remember – you can’t make your employees engage with you on social media, but they are far more likely to if you are providing them with a great employee experience!

About Clayton Recruitment

Clayton Recruitment has been partnering with organisations across the country since 1989 and during that time has built up an excellent reputation for trust and reliability.

With specialist divisions covering Commercial, Financial, Industrial, and Engineering appointments, on both a permanent and temporary basis. If you are looking for your next career move, we can help. Call us on 01772 259 121 or email us here.

If you would like to download our latest interview checklist, you can do so here.

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How to Build an Employer Brand that Attracts Great Talent

  • June 10, 2019

In today’s hyper-connected world, every company has a reputation, whether they actively cultivate it or not.

In a similar way that a commercial brand can affect the way a consumer feels about you, so too can your employer brand impact a candidate’s decision on whether to work with your company. That’s why leaders across every sector are now investing more time and money into effective employer branding exercises.

For example, your employer brand image can play a key role in getting the right kind of candidates for your organisation. The best candidates will naturally gravitate towards organisations that put their best face forward both online, and offline.

So, how can you create an employer brand that attracts the talent that’s right for your company?

1. Evaluate Your Current Reputation

Before you can begin making changes to your employer brand, you need to know where you stand. A survey or poll of key employees can help you build a foundation for your future employer brand.

Finding out what your current staff think about your organisation will help you identify the gap between where you are and where you want your employer brand to be.

2. Personalise Employee Experiences

You’ll also want to establish your Employer Value Proposition, by determining what you (can) offer your team that no-one else in your industry does.

In order to stay competitive, finance companies need to offer their employees an employment experience unlike any other. The key to attracting the best talent is being able to demonstrate that you have a healthy company culture and that you understand and accommodate modern needs.

For instance, as well as offering exceptional support and development opportunities to your employees, you can also promote work/life balance through remote-working or flexible scheduling and offer employee wellness programmes that include family days and partner events.

Find what makes you unique to the specific types of talent you want to attract, then keep those features in mind when you start working with a specialist recruitment agency.

3. Celebrate (And Market) Your Company Culture

Make sure that you’re continually demonstrating your value to top-tier talent.

Today’s professionals begin the search for the ideal position online. If you’re looking for a great accountant for your team, then you need to make sure you’re posting ads on all of your social media channels as well as the specialist job listing sites where prospective finance professionals are looking.

In addition to your presence on social media, your website also needs to be packed full of useful information about what your business does for both employees, and the industry overall. At the same time, your recruitment agency can help you to develop job specifications that highlight the most attractive parts of working for your company.

Though a great listing is a great way to inspire top-performing talent, showcasing your company culture doesn’t have to stop there. Demonstrate what applicants can expect when they come to you by publishing blog posts, recording videos to share on social media, and generating case studies about your recent projects.

The more information you make available to your candidates, the more confident they’ll feel applying for your position.

4. Develop an Advocacy Programme

If you’re hoping to use your online presence to share information about your employer brand with possible future recruits, then the best things you can do to showcase your value is through your existing employees.

Advocates among your staff can share stories about their experiences with your company in videos, case studies, review websites like Glassdoor, and across your organisation’s social media platforms. This primarily involves asking your existing staff to share their thoughts, opinions, and experiences related to working for you with their social networks.

Advocacy is a powerful way of building your brand because the words of your team are far more believable than the messages your business creates to attract new talent. Therefore, make it as easy as possible for people to join your advocacy programme and offer rewards for the professionals who get involved.

5. Make the Hiring Experience Count

In our highly-connected social world, it’s important to make sure that the conversations you inspire are as positive as possible. This means that every aspect of your recruitment process, from your job specs to your hiring interviews and onboarding process, must support your image.

While a specialist recruiter like Clayton Recruitment can make it easier for you to track down the perfect candidates for your team, it’s up to you to convince the talent you speak to that they should want to work for you. Personalise the questions you ask potential hires according to the roles they’ve applied for, and make sure that they know how you’ll be keeping in touch with them when the interview is over.

Once you’ve brought someone new into your company, make sure that you nurture the relationship you’ve begun to build by offering plenty of clear communication and recognition. Providing a stress-free onboarding process with regular feedback will improve morale within your company while motivating your employees to continuously give their best work.

6. Ask for Feedback and Adapt

If you want to know how you can convince a new fees administrator or purchasing coordinator to join your team, why not simply ask for guidance from an existing professional on your staff? If you can figure out what compels your most valuable hires to stick with your brand, then you can draw more attention to those features the next time you advertise a role, or conduct an interview.

Avoid the mistake of not listening to your team; asking for feedback doesn’t necessarily mean listening to all the good things your employees have to say about your business and ignoring the rest. Consider sending out surveys to find out more about what’s working well for your company, and what you might need to change.

While it’s a good idea to stick to your core values and vision, it’s always important to be flexible if it means attracting the best skills for your team. Maybe you need to give your finance professionals more options for remote working, or invest in new tools for your engineers? A simple change can make a big difference.

7. Monitor Your Reputation

The most important thing you can understand about your employer brand is that it will continue to change and grow with time – regardless of whether you’re refining it or not.

Employer brands are organic things. They require frequent attention to ensure that they don’t veer off in the wrong direction. The best companies know how to manage the perceptions they build around their business as it grows, carefully monitoring their reputation on everything from social media to satisfaction surveys.

There are always going to be people out there talking about your company, and being aware of the conversation ensures that you can start to steer it in the right direction. Failing to monitor your efforts may mean that you miss out on some of the best talent on the market the next time you need to fill a gap in your team.

Maintaining a great employer brand takes a lot of effort and focus, but it can be the key to building a high-performing team.

About Clayton Recruitment

Clayton Recruitment has been partnering with organisations across the country since 1989 and during that time has built up an enviable reputation for trust and reliability.

With specialist divisions covering Commercial, Financial, Industrial, and Engineering appointments, on both a permanent and temporary basis. If you are looking for your next career move, we can help. Call us on 01772 259 121 or email us here.

If you would like to download our latest interview checklist, you can do so here.

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Talent drought: how to attract the best against the odds

  • April 24, 2018

Commercial talent; often it feels as though there isn’t any! And it’s not just a feeling either; in January, the British Chamber of Commerce published findings that skills shortages in both service and manufacturing industries were reaching ‘critical levels’. The headlines make for sobering reading, although it’s not all doom and gloom. Businesses can take specific steps to give themselves a much better chance of attracting, and retaining, the very best talent: a strong employer brand and a reliable recruitment partner could make the difference your company needs.

Building a brand: need to know

If asked to name a famous brand, there’s probably half a dozen or more that you could name off the top of your head. We’ve all heard of consumer brands like Coca-Cola, but what about employer brands?

An employer brand should be to your potential employees what your market branding is to the people that buy your products and services. It should be appealing and should essentially portray your business as a desirable place to work – as it is, no doubt. An employer brand might showcase the following aspects of your company:

  • Success stories – what kind of achievements have your staff made since working in your company?
  • Culture – is it work hard, play hard, or do you encourage staff to pursue a healthy work/life balance?
  • Quality of work – is the work varied, challenging and interesting?
  • Training and development – what opportunities are there to enhance skills, and how might a candidate grow their career with you?
  • Benefits – apart from salary and financial reward, what are the benefits of working for your business over and above another?

Reassurance

Post-recession and post-Brexit, those on the lookout for a new job want to know that the company they decide to work for is a solid investment of their professional time and skills. Businesses need to reassure potential candidates that their prospects are good and that the company offers a good fit in terms of values.

A strong employer brand shouldn’t just work to attract new talent, it should help to retain existing talent. In fact, one of the most effective ways to devise a strategy for creating an employer brand is to communicate with your existing staff. Find out what motivates them, what they would like to see more or less of, and how their experience could be improved upon and you’ll have a good idea of what potential employees are looking for.

Getting the right support for your employer brand

Having an employer brand is valuable and should pay dividends in the long term. A great employer brand, however, takes time to create, establish and maintain. And all the while the war for talent rages on. The very best talent work hard and it’s hard work to attract them to your company too!

A recruitment partner that works in the background while you concentrate on your own brand-building activity can be incredibly beneficial. An established recruitment agency will already have their own brand and a good reputation, which reflects well on your business and provides reassurance to the candidate. What’s more, a recruitment agency, especially one with a broad spectrum of commercial experience, will have their ear to the ground and be able to keep you informed of candidate feedback and motivations to be aware of when establishing and maintaining an employer brand.

Not just a helping hand

Clayton Recruitment’s regional analysis of recruitment trends in the North West found that vacancies are on the increase across all industries from commercial finance to logistics: it doesn’t appear that the skills shortage will be coming to an end any time soon. The benefit of working with a recruitment partner is that while you’re busy building up your employer brand, the agent can access their existing pool of talent to find you the best candidate.

An agency that understands and has plenty of experience in commercial recruitment is key too. They can use their extensive and wide-ranging sector knowledge to filter out the very best talent that matches up with your needs. And while the skills shortage isn’t likely to disappear overnight, it can take a weight off your shoulders knowing that a professional is handling your company’s recruitment.

If you’re thinking of creating an employer brand or think that your existing brand needs re-developing, then why not get in touch with Clayton Recruitment? We’d be happy to chat about employer branding or help with finding the best talent for your business.

If you’d like to find out more about building an Employer Brand, please download our guide here.

If you’d like to find out more about the benefits of using a specialised recruitment company, have a look at our blog on how to get the best out of your recruitment company.

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