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The Employee Advocate, Part II

As this blog has addressed many times before, there are many ways people demonstrate their advocacy for a company or brand. They talk or act on its behalf and actively spread word of mouth. They may wear their causes on their clothes and discuss them in social networks. They might carry branded products. They will pay a premium price for brands they support. In doing so, these advocates can have a significant impact on a business’ success (or failure if the business does something to damage its advocates’ trust).

Consumers aren’t the only ones with the ability to influence company success. Employees have increasing influence (see my first post on The Employee Advocate) and more opportunities to advocate for their employers. They often set up fan or group pages on Facebook for example. Of growing importance is their ability to “vote” their companies onto acclaimed “best employers” lists. These lists, awards and rankings not only help to recruit more great talent but signify to the world that the company values employees and in turn the valued and proud employees work harder for their customers. A client once told us that her company’s salesforce uses these honors as a sales tool because their customers want to do business with a company that treats its employees well. Happy employees, happy customers.

As close observers of these rankings (Weber Shandwick’s SCOREBOXX™ database includes approximately 900 awards of all kinds, roughly 100 of which recognize companies for its employee satisfaction and/or training and development), we’re seeing the popularity of these rankings growing. Most glaring has been an increase, particularly in the past year, in the number of our clients who want to understand how their strengths can be recognized by their industry, talent prospects and other stakeholders through unbiased third party recognition. Aside from that anecdote, here are just a few facts…

• A Google search of “best companies to work for” generates 661,000 results for the 2009 time period, compared with 190,000 in 2007 and 309,000 in 2008. That’s a stunning 248% increase of the topic’s online visibility.
• 50% of chief communications officers at North American Fortune 500 companies told us in our annual The Rising CCO study that awards and recognition are an important way their company leadership measures communications effectiveness.
• CNBC dedicated a five-minute segment to this week’s release of the the Fortune Best Companies to Work For list. Perhaps one of the most well known of the best employer rankings, this list uses a rigorous method to identify the best place to work in the U.S. with employee ratings accounting for most of the score.
• Glassdoor.com’s annual Employees’ Choice Awards of the 50 Best Places to Work included reviews of 11,000 companies among nearly 75,000 employees in 2008 and 37,000 companies among nearly 100,000 employees in 2009.

Based on facts like those above, and by the growing demand from clients to better understand and leverage these lists, we think that ‘best employer’ awards will take on more significance for promoting and rewarding good corporate cultures. Companies with less than stellar environments may be pressured to listen much more closely to employee opinions.