Employer branding for recruitment and retention of talented employees belonging to the new generation of millennials

Abstract

Employers are increasingly faced with the need to identify, attract, hire and retain the best talent from the labor market in order to survive in the condition of fierce competition. As talents are in a position to choose an employer, successful companies seek to position themselves as ideal and desirable employers through the establishment of a strong employer brand. In the process of brand establishing, by applying the knowledge from the field of marketing and human resources, employers tend to position themselves to labor market candidates as unique and desirable with ideal working conditions, while at the same time trying to increase the level of satisfaction and dedication of existing employees. A modern approach to the process of branding an employer implies taking into account the needs and desires of different generation of employees. A generation that takes an important position in society and labor market - millennium generation (also known as the generation Y) has specific needs, demands and desires when it comes to selecting an employer. In this paper are point out the key specifics of establishing employer brand in order to position it as an ideal place for talents that belong to the generation of millennials.

Keywords

• talents
• employer
• human resources
• millennials
• brand