What American job candidates think about when accepting a job is different from what they consider when deciding to stay or move on, according to new data from Brand Finance, a leading brand valuation consultancy.
The research shows that in the U.S., prospective talent places highest consideration on whether a company has a prestigious brand and inspiring vision. Once employed, priorities shift—when considering whether to stay in a job, employees prioritize whether the work is enjoyable and rewarding, as well as the perception of excellent remuneration and salaries. For retention, brand prestige drops from most important to least important, and the previously important perception that an employer brand has an inspiring vision drops to fourth.
U.S. candidates consider Nike to be the top employer brand, followed by PepsiCo and Apple. Nike’s high Employer Brand Index score is driven by strong consideration and familiarity—the research indicates that potential candidates perceive that the company offers great internal culture, excellent work-life balance, commitment to social sustainability, support for staff at all stages of life, and flexibility.
“The Brand Finance 2024 Employer Brand Index provides valuable insights for talent strategies by revealing U.S. employee and candidate perceptions of sectors and specific brands as workplaces,” says Laurence Newell, managing director of Brand Finance Americas. “The top 10 strong employer brands in the country span diverse sectiors, prominently featuring tech and media brands. Despite Walmart’s status as the world’s and country’s largest employer, with a staggering 2.1 million employees globally, it notably ranks only 141st nationwide, scoring high for familiarity but lower for factors like excellent salaries and internal culture. Among fellow supermarket brands, Costco leads, followed by Whole Foods and Sam’s Club.”
Other key highlights include the following.
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