Corporate social responsibility
Corporate Social Responsibility (CSR) in Recruitment
Definition of CSR in Recruitment
- Stands for Corporate Social Responsibility.
- Refers to a company’s initiatives to take responsibility for its effects on environmental and social wellbeing.
- It’s about ethical standards that the company follows when dealing with all its stakeholders.
Importance of CSR in Recruitment
- Enhances a company’s reputation in the job market, making it more attractive to potential candidates.
- By showcasing responsible corporate behaviour, companies can attract and retain high-quality employees.
- CSR initiatives can significantly improve employee engagement and motivation.
- Showcasing CSR can build better relationships with customers, suppliers, and the local community which indirectly benefits the recruitment process.
Impact of CSR on Recruitment Strategy
- A strong CSR reputation can help attract candidates who align with a company’s values.
- Candidates today, particularly millennials and Gen Z, prioritise working for companies that care about their impact on society and the environment.
- CSR involvement can also enhance a company’s Employer Value Proposition (EVP), which forms a key part of a recruitment strategy.
CSR Activities in Recruitment
- Ensuring fair and ethical treatment of all candidates during the recruitment process.
- Implementing sustainable practices in the operation of the business, such as paperless processes.
- Offering equal opportunities to all candidates, regardless of their background, gender, age, or ethnicity.
- Encouraging employee volunteering and contribution to the local community.
Now that you understand the concept of CSR in recruitment and its impact, you can appreciate its influence on attracting and retaining top talent in the industry.