14 August, 2024

Sealing the Deal: Mastering Post-Offer Engagement to Win Top Campus Talent

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Elton Ron Nathan

Head – L&OD-Apollo Health and Lifestyle
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They say hiring is like dating. You spend time wooing the perfect candidate, planning the perfect offer, and envisioning a long, fruitful relationship. But just like in dating, sometimes you’re left standing at the altar, clutching an unsigned offer letter, wondering where it all went wrong. From your perspective, it may seem that you had a great role, compensation package, and culture for startups but the candidate says no and walks away — making sure to start fresh on the search all over.

This is the recruiters worst nightmare. We need to ensure that the hiring journey has a fairy-tale ending instead of drifting towards one which can opposed a plot twist from Tragic job offers. Around half of the workers would turn down a job offer if the salary didnt appeal to them, found 58% in Robert Halfs survey of 1,000 people this week. This just reinforces the importance of aligning your offer packages with the actual things people want.
Unfortunately, this is a stark reality: despite going through painstaking recruitment efforts to communicate the specific details that come with a position you have available and attract top talent, many offers made to strong fits are just falling flat. This disrupts hiring plans but also slows down growth and productivity of the organization.

I would like to quote Richard Branson, founder of the Virgin Group, “Hiring the right people takes time, the right questions, and a healthy dose of curiosity.” His words are a powerful reminder in today’s hiring landscape about the need for a well-rounded approach to recruitment and engagement. We know how Branson is known for his engagement. He once dressed like a female cabin crew just to prove a point when he lost a bet to Tony Fernandes, CEO of Air Asia. This well-rounded approach improves the curiosity of prospective employees to work for a fun company like Virgin.

However, once the offer letter is signed, how do companies make sure their top picks don’t slip through their fingers? What would guarantee their joining and ease off the pressure every HR personnel has while he awaits his prospective new joiner? The post-offer period is like the final lap in a marathon—crucial, exhilarating, and yes, sometimes the most nerve-wracking part. Its the time when candidates get to peek behind the curtain at the organization they’re about to join, and companies have the perfect chance to make a memorable impression. By now, the candidate is already searching Glass Door reviews, and calling mentors and acquaintances, to find out if this is the best choice he is making.
But for the organization, they should think of it as rolling out the red carpet—not just metaphorically, but with real actions that spotlight the company’s culture, vision, and the nitty-gritty of the job. This is the moment to dazzle prospective new joiners with your company’s charm and make them feel like they’ve just won the golden ticket!

In todays hybrid work environment, companies are already using a variety of tools to enhance the candidate experience. From the magic of asynchronous video interviews and chatbots to job-fit assessments and engagement touchpoints post-shortlisting, technology has transformed recruitment. Despite these advancements, the TA team often find themselves grappling with an unpredictable offer-to-join ratio. Some recruitment leaders report an offer-to-drop-out ratio as high as 50%, turning the post-offer period into a nerve-wracking waiting game. Now you see him, Now you don’t! And there is no spray invented to make the candidate disappear (as seen in the 1972 movie starring Kurt Russel…) – If the candidate doesn’t want to join – you just don’t see him!

Candidates are no longer a commodity. They’re your partners in building your business and you need to make them feel it with everything you do! To ensure your post-offer engagements hit the mark, here are seven strategies that can help turn those tentative “maybes” into enthusiastic “yeses” :


1. Addressing Students Perceptions of Roles Let’s face it:

Sales roles can sometimes get a bad rap. Many students imagine them as pressure cookers with relentless quotas and endless cold calls. But here’s the twist – sales positions are actually the backbone of business growth and offer incredible career trajectories. The trick? Changing the narrative! Deloitte does this brilliantly. They dont just talk the talk; they walk the walk. During their campus engagements, Deloitte uses captivating case studies and inspiring success stories to showcase the vibrant career growth in sales roles. They highlight how these positions can fast-track graduates to leadership roles. They’ve got mentorship programs that are as supportive as a best friend, guiding newbies through the sales landscape. And guess what? It’s working! In 2022, Deloitte found that 85% of their campus hires felt more upbeat about sales roles after their engaging programs. It’s all about turning those misconceptions on their heads and showing the true potential of a sales career.


2. Transparency About Corporate Constraints (Keep it Real):

Do you ever picture big corporations as having endless cash and perks? Well, it’s not quite that simple. Behind the shiny façade, there are budget limits and rules that sometimes feel like a maze. Candidates might think these giants have it all, but the truth is, they’re navigating some tricky waters. So, how do we keep it real? Be honest about these constraints while showing off the cool perks and growth opportunities that come with the ride. This kind of transparency not only builds trust but also sets the stage for a more grounded and exciting journey with your company. I agree, that being explicit will sometimes scare or chase the candidate away. But think about it, you rather have a person who fits in than one who joins and then runs away!


3. Showcasing Opportunities in Startups:

Startups are like the wild, adventurous cousins of big corporations—full of excitement and unexpected twists! Graduates (Especially the Gen Alpha) are drawn to these dynamic environments because they offer a chance to jump right into the action and make a real impact. So, how do you get candidates pumped about these opportunities? Show them the perks of startup life, like the chance to juggle multiple roles and be part of strategic decisions. Why not team up with some cool startup founders and invite them to your campus events? Picture this: a lively panel where these trailblazers share their stories, and answer questions like, “What’s it like to wear so many hats?” or “How did you navigate your startup through its wildest challenges?” This not only showcases the thrilling potential of startup careers but also gives students a sneak peek into a world where they can truly shape their journey.


4. Communicating the Reality of Early Career Work-Life Balance:

When new candidates step into the workforce, they’re not just looking for a paycheck—they want to keep their work and life in harmony. In fact, a study by Jabra in the UK shows that 81% of Gen-Alphas prioritize happiness and flexibility over salary. And guess what? 62% of them would jump ship for better benefits if they felt their current job wasn’t cutting it. Today’s candidates aren’t about to trade their personal lives for professional success. They want work to fit seamlessly into their lives, not the other way around. So, how can companies show they get it? Be upfront about your work-life balance policies. Talk about flexible hours, remote work options, and mental health support, if available. Entice with what they want, not what you are looking for! Take a page from KPMG’s playbook—they’re rocking it with their wellness programs and flexible arrangements. They even showcase real stories from recent grads who’ve nailed their work-life balance at the company. It’s like having a backstage pass to how great it can be, and it’s sure to boost those offer acceptance rates!


5. Emphasizing the Benefits of Five-Day Working Weeks:

Who doesn’t love a long weekend? Traditional companies often offer the classic five-day workweek, which is a big win for many new candidates. It’s like having a regular ticket to a mini-vacation every weekend! Compared to the extended hours and hustle in startups, this structured week can seriously boost work-life balance. So, how do you highlight this during post-offer chats? Flaunt those Friday feels by spotlighting your companys leave policies, wellness programs, and any other perks that make life sweeter. Imagine sharing stories of team members enjoying their weekends, or showcasing how your wellness programs help everyone stay their best selves. It’s all about showing that while you’re working hard, you’re also enjoying the ride—weekends included!


6. Addressing Peer Follow Syndrome:

Ever noticed how students can be swayed by their friends’ choices like it’s the latest reel trend? That’s “peer follow syndrome” in action. To stand out and win over these candidates, make them feel like VIPs with a personalized engagement plan. Imagine sending them a fun, tailored message from their future team or hosting exclusive virtual meetups where they get to chat with potential colleagues. It’s all about making them feel valued and connected to your company, so they’re not just following the crowd. Encourage them to make choices based on their own career dreams rather than just jumping on the bandwagon. Consider setting up a mentorship program where new hires get paired with experienced pros who can share their wisdom and help guide them through the decision-making maze. Adding a buddy system, where current employees act as friendly guides, can also work wonders. These buddies can answer questions, share insider tips, and make new hires feel right at home even before their official start. This personal touch can be the game-changer in turning those “maybe” responses into enthusiastic “yeses”!


7. Engaging Through Continuous Communication:

So, you’ve got a new hire’s signature on the offer letter—awesome! But don’t let the conversation fizzle out like a soda left open too long. To keep that excitement bubbling, you’ve got to keep the dialogue going. Think of it as hosting a mini “welcome party” that lasts until their first day. Send them cool updates about the company’s latest wins, upcoming projects, and industry buzz. A little personal touch goes a long way too—drop them a handwritten card or a heartfelt email letting them know how thrilled you are they’re joining. These are happening in many hotels today, and don’t we feel great when we receive those handwritten notes from the housekeeping staff? Anticipate their concerns and answer their questions before they even have to ask. Hook them up with a “buddy” from the team who can be their go-to person for all things work-related and beyond. And don’t forget to connect on LinkedIn and engage with their posts—show them you’re genuinely interested in their thoughts and achievements. The trick? Just don’t go silent! - Regular check-ins will remind them they’re already part of something exciting and make their transition smoother. Overcoming Roadblocks to Engagement Even with the best plans, sometimes you hit roadblocks in keeping candidates engaged. But don’t worry; there are ways to navigate these bumps and keep the excitement alive! Conclusion: 81% of Gen-Alphas prioritize happiness and flexibility over salary. And guess what? 62% of them would jump ship for better benefits if they felt their current job wasn’t cutting it.

Today’s candidates aren’t about to trade their personal lives for professional success. They want work to fit seamlessly into their lives, not the other way around. So, how can companies show they get it? Be upfront about your work-life balance policies. Talk about flexible hours, remote work options, and mental health support, if available. Entice with what they want, not what you are looking for!


Take a page from KPMG’s playbook—they’re rocking it with their wellness programs and flexible arrangements. They even showcase real stories from recent grads who’ve nailed their work-life balance at the company. It’s like having a backstage pass to how great it can be, and it’s sure to boost those offer acceptance rates!


Conclusion:

And there you have it! You are completely capable of transforming post-offer engagement (from a nervous racking wait to a roller coaster journey. Roll out the red carpet and make those future stars feel like the VIPs they are. Lean into the enthusiasm of onboarding someone new—write those personal notes, post that ridiculous office tour video, and never stop posting memes.


Your candidates aren’t just future employees; they’re the next stars in your company’s show. So, let’s toss aside the old playbook and get creative with how we engage. Make them feel like rockstars from the moment they receive that offer letter until they step into your office (or log into their first Zoom call). With these strategies, you’ll not only reduce offer declines but also generate a buzz that makes your organization the place everyone wants to be.
So, let’s make your hiring journey more than just a process—turn it into a memorable experience. When it comes to attracting top campus talent, the post-offer period isn’t the end of the road; it’s the exciting start of a new adventure.
Happy hiring!
 

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