Candidate Bounce: Addressing Expectations and Reality for Long-Term Retention
Dennis Theodorou
Executive Search Firm Managing Director - Manufacturing | Supply Chain | Technology
At JMJ Phillip Group, our firm has unmatched insights into workforce and labor market dynamics – especially as they relate to the manufacturing, supply chain, and technology sectors. If you have any hiring needs or have any questions regarding insights shared in these articles, I invite you to reach out to me at?[email protected] ?or via Direct Message here on LinkedIn. ?
?
Building great workforces is challenge and once an organization finds the right individual to join them, employee retention then becomes a critical factor in organizational success. As we all know, tenure – especially among more mature workers – has been falling for years. As such, businesses are constantly seeking ways to attract, engage, and retain top talent, but a persistent challenge arises from a phenomenon known as "candidate bounce." This term, borrowed from digital marketing, refers to the situation where new employees leave their positions prematurely, often due to unmet expectations.
?
The Root Causes of Candidate Bounce
?
The reasons for employee bounce are multifaceted, often stemming from a misalignment between an employee's expectations and the realities of their work experience. This misalignment can occur in various aspects of the employment journey, from the initial hiring process to the ongoing work environment.
?
?
“The company culture piece is important when it comes to candidate bounce and we see it often with companies we work with,” says Kane Carpenter, Managing Director at Daggerfinn, a boutique employer branding and company culture consulting firm. “Too many companies have oversold their culture over the last few years, in an attempt to attract candidates in an increasingly-competitive hiring landscape, and the ramifications of this is not only candidate bounce but also a failing of culture internally. No one knows what the company’s value proposition is anymore because they live and breathe one thing, and all of their marketing speaks to a different reality.”
?
The Consequences of Employee Bounce
?
Employee bounce can have significant consequences for both employers and employees. For businesses, it can lead to:
领英推荐
?
?
For employees, the consequences of bounce include:
?
?
Strategies to Mitigate Employee Bounce
?
To address the issue of employee bounce and foster long-term employee retention, organizations need to adopt proactive strategies to align expectations with reality. Here are some key measures to consider:
?
?
Candidate bounce is a costly issue for businesses, as it can lead to wasted time and resources spent on recruiting, onboarding, and training new employees. By taking steps to align expectations with reality, organizations can minimize candidate bounce and attract, retain, and develop top talent. By prioritizing transparency, honesty, and a positive work environment, businesses can create a workplace that attracts and motivates employees, ultimately contributing to their long-term success.
?