20
Harvard Business Review
March 2022
FULL FUNNEL FINTECH
Employee Experience has a new way for clients
to lead to position their employer brand in the
marketplace
Adopt marketing tactics, typically used to reach consumers, to
attract and compel a wide swath of candidates to join your ranks.
USING PERFORMANCE MARKETING TOOLS TO ATTRACT
TOP TALENT
THE CHALLENGE
Hard-to-find fintech talent left Citadel struggling to deliver on
their growth strategy.
CORE INSIGHT
Use performance marketing tools to identify rare talent and then
to create direct connections between Citadel engineers (instead
of HR Recruiting) and talent prospects, disproportionately driving
awareness & consideration of career opportunities.
PROGRAM APPROACH
Edelman continues to advise Citadel, a leading investor in the
world’s financial markets, and Citadel Securities, a leading
global market maker, on how to use performance marketing
tools to leverage their employees’ authentic voices to raise their
employer brands online and in-person, in service of attracting the
best and brightest talent.
We stood up this innovative program to user sophisticated
performance marketing tools to a) find rare talent and b) make
direct connections between Citadel’s employee influencers -
35 handpicked Brand Captains across Software Engineering,
Trading and Quantitative Research -- to connect directly with
candidates. These employee influencers shared their own stories
about working at the firms, participated in digital engagement
and campus recruitment events, and served as points of contact
for select recruits through recruitment touchpoints and social
media channels.
EDELMAN EMPLOYEE EXPERIENCE SUPPORT INCLUDES:
- Continuously optimized performance analytics to enable
precision talent targeting. - Social Content Development to ensure each Brand Captain’s
voice is connecting to this rare talent; then the firm’s owned
content is amplified, and posts are authentic while still
abiding by the firms’ strict social media policies. - Creation of Content Development Tools such as social
content calendar and an EVP thematic to ensure Brand
Captain outreach is strategic and aligns with the firm’s larger
marketing and communications goals.
“I’m sorry,” Prisha said. “I
don’t want to abandon you all, but
Ishan seems so much happier and
has the potential to make more
money. It’s really tempting to
follow his lead. I have to think of
my own interests.”
So much for family, Diya
thought.
“I see where you’re coming
from,” Diya said, “but let me
present the counterargument.”
She shared all the reasons to stay:
the security, the benefits, the
company’s growth potential, and
yes, the close-knit culture.
But as she was talking, Diya
realized that she wasn’t sure
those upsides were convincing
enough. Would retention bonuses
or pay increases be more compel-
ling? Or was it time to intensify
the downsides of leaving by
instituting a no-working-with-
former-employees rule and
inserting language to the same
effect and noncompetes in all
future employment contracts?
Would carrots or sticks be more
persuasive?
RAKESH BOHRA is the senior VP
and head of projects at Pioneer
Urban Land & Infrastructure Ltd. and
a doctoral student in organizational
behavior and human resources
management at the Management
Development Institute in Gurgaon,
India. JYOTSNA BHATNAGAR is a
professor of organizational behavior
and human resources manage -
ment and dean of research at the
Manage ment Development Institute
in Gurgaon, India.
It’s time for Blackbird to
lean into 21 st-century
management, embrace the
gig economy, and let more
employees go freelance.
Diya and Veer made the right decision
with Ishan, and they’ll attract more
talent, foster greater loyalty, build a bet-
ter culture, and produce more-creative
work by letting others follow suit.
To keep pace with societal and
technological change, companies today
need to be flexible with—and offer
flexibility to—their workforces. Young
people, particularly creatives, want the
autonomy and variety that gig work
offers. And companies like Blackbird
can greatly benefit—first, by reducing
the danger of having people they can’t
keep busy on the payroll and, second,
by serving clients with curated teams
designed for their specific needs. If
your employees are almost exclusively
full-time, you’re stuck with their skills;
How should Diya handle all the
employees who want to follow
Ishan? The exper ts respond.
JOHN H. CHUANG is
the cofounder, chairman,
and CEO of Aquent.
152
Harvard Business Review
March–April 2022
Experience