Philadelphia, PA – November 6, 2017 – SharedXpertise, publisher of HRO Today, has announced the release of their annual Cost of a Bad Reputation Report for 2017 in conjunction with Cielo, the world’s leading strategic Recruitment Process Outsourcing (RPO) partner.
Within this report, companies are presented with findings related to the impacts of an organization’s reputation on talent acquisition. Respondent demographics are used to reveal important trends among diverse groups as they relate to their willingness to work for a company with a bad reputation.
In addition, exclusive data is provided on the impact of an organization’s reputation on candidates accepting job offers, how quickly employees will look for a new job in light of a scandal, and which behaviors create the most harm to culture and to overarching recruiting efforts.
“Less than three-quarters of those under 35 years of age would be willing to accept a job offer from a company with a bad reputation, but 91-percent would take a job from an organization with a good reputation,” said Larry Basinait, vice president of market research at SharedXpertise. “Further, as candidate age increases, proportionately fewer would be willing to work for a company with a bad reputation. So, age does play a factor in our findings, and overall, candidates of all ages are considering an organization’s reputation before accepting job offers.”
“In our experience, and as bolstered by SharedXpertise’s research, company reputation is a key factor in recruiting and retaining the best talent,” said Sue Marks, founder and CEO of Cielo. “Workers across all age groups are less likely to leave organizations with good reputations, but if they do, it is to join an organization of equal or better reputation.”
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