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Review the best practices in the Table below for becoming an employer of choice. What are some potential drawbacks to each practice? Rank the eight practices in terms of their importance.
Key Principles of Employers of Choice
Principle
Explanation
Organizational reputation
Employees desire to work in an organization that maintains a good reputation among stakeholders
Organizational culture
Employees want to work in an ethical organizational culture that maintains integrity and encourages employee contribution
Strong leadership
Employees want to work in an environment that has strong ethical leaders who care passionately about the company
Interesting work
Employees want their jobs to be challenging and rewarding, not mundane or too difficult
Opportunities for Growth
Employees want to work in a job or industry where there are significant opportunities for career advancement.
Employee recognition
Employees appreciate being recognized for their contributions to the company and are encouraged to continue serving.
Employee well-being
Employees expect fair compensation, appropriate benefits, and an adequate work/life balance from their employers
Social Responsibility
Studies have demonstrated that employees enjoy working for a company that considers the needs of stakeholders and contributes toward improving society.
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