The Brutal Truth About Your Employer Brand
And Why It’s Costing You Millions
Imagine this you’re sitting across from a CEO who has everything going for him. Great product. Rising revenue. Margins improving. But he has one massive problem he just cannot solve: Nobody wants to work for him.
“We’re hemorrhaging talent,”
“And the cost of replacing people is killing us.”
Here’s what bothers me with situations like that: Companies like his actually can have an incredible culture. But there’s often a massive disconnect between who they really were and how they try show up to the world.
The Brand Identity Crisis That’s Killing Your Business
Let me paint you a picture of what most companies do:
Post motivational quotes on LinkedIn
Plaster “we’re a family” all over their careers page
Share staged photos of team building events
Write cookie-cutter job descriptions
Meanwhile, their actual employees are telling a completely different story. The gap between who you say you are and who you actually are? That’s where trust dies. And trust is worth more than any ping pong table or free lunch policy.
The real problem with your employer brand?
Your “employer brand” isn’t what you say it is. It’s what your employees say when you’re not in the room. And right now, they’re saying things that are not the same as what you’re saying.
Let’s break down some costs:
Average cost per hire: € 4.494
(number from 2019, so add at least 20% to that)Average time for a mid-level manager to get up to speed: 6.2 months
Total replacement costs of an employee: 1,5– 2x annual salary
Cultural damage from bad fits: Exponential
Ripple effect on team morale: Priceless (and not in a good way)
The Employer Math That Should Keep You Up at Night:
In the EU the average salary in 2023 was a small 40K a year. Now that’s average across the board. Say you’re a tech company and you’re looking at 100K average. If you’re losing just 5 employees a year (at that 100K), that’s easily costing you €750,000 annually. In missed revenue, lost productivity, and replacement costs.
But the secret here, and I took this from Alex Hormozi’s 100M offers:
Make your employer value proposition so good that top talent would feel stupid saying no.
And value goes beyond rewards, bonuses, salary.
Value is about what people value, which is also something like getting clarity on a path of growth.
Going of track, so now let’s call this The Grand Slam Employer Brand Framework:
Find Your Truth
Fictional person, let’s call him Mike. His company isn’t the coolest. They make industrial parts. But you know what? The team is obsessed with precision. They geek out over measurements to the thousandth of a cm.
So, instead of trying to be “fun and dynamic” like every other company, lean into that. Their new employer brand? “For the Perfectionists.” Job posts talking about the satisfaction of achieving microscopic precision. Suddenly, they’re attracting exactly the right people.Amplify Your Reality, Don’t Invent Values
Discover them:Watch what people actually celebrate
Notice what makes them stay late (willingly)
Listen to the stories they tell new hires
Pay attention to what pisses them off
Then turn it up:
If your team loves data, make every decision transparent
If they’re creative, give them blank canvases
If they’re competitive, gamify everything
If they’re nurturing, build mentorship into your DNA
Create Culture-Brand Bridges
Here’s where most companies screw up. They have one face for candidates and another for employees. And forget those are actually the same people. Instead:Let employees tell their unfiltered stories
Show your work-in-progress
Share your struggles openly
Celebrate your peculiarities
Flip the Risk
Instead of making candidates prove themselves, prove yourself to them. Offer paid trial periods (which could go beyond a probationary period). Show them exactly how much they’ll earn in year 1, 2, and 3. Name the specific skills they’ll master.Stack Value, Don’t just offer a salary
Stack it:Base compensation
Performance bonuses
Equity or profit sharing
Skill development worth €X
Career acceleration program
Personal brand building support
Remove the Friction
Kill every obstacle that makes great people hesitate:Flexible work arrangements
Decision-making authority
Clear advancement paths
Rapid feedback loops
Resources to succeed
Most companies think employer branding is about looking good on LinkedIn. But real employer branding is about creating an offer and experience so compelling that when your employees tell their friends about their job, their friends say, “Holy shit, how do I get in?”
The ROI is simple:
Slash hiring time
Cut turnover costs
Boost referral hiring
10x your applicant quality
(not sure about that 10x, but you get my point)
What This Means For You: You have two choices:
Keep playing the old game and watch your best people leave
Create an employer value proposition so good it spreads like wildfire
This works across industries — tech, manufacturing, services, you name it. The results are the same:
✅ More talent.
✅ Less churn.
✅ Better business.
Want to know if your employer brand is actually working?
Ask yourself one question: Are your employees’ friends begging to work for you?
If not, you know what to do.
Average cost per hire source: https://www.dewerknemersmarkt.nl/wervingskosten-personeel#:~:text=De%20gemiddelde%20kosten%20die%20een,(Recruitment%20Kengetallen%20onderzoek%202019).)
Getting up to speed source: https://whatfix.com/blog/cost-of-onboarding/
Replacement costs source: https://www.gallup.com/workplace/247391/fixable-problem-costs-businesses-trillion.aspx