cbi low-carbon business event: lewis campbell (reed global)

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Is being ‘green’ vital to attracting talented employees? 3 rd Jun 2010 Lewis Campbell Head of Research & Development

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Presentation by Lewis Campbell, head of research and development, Reed Global on the theme "is being green vital to attracting talented employees?" at the CBI's third low-carbon business breakfast event. London, June 2010.

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Page 1: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?

3rd Jun 2010Lewis CampbellHead of Research & Development

Page 2: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?

Page 3: CBI low-carbon business event: Lewis Campbell (Reed Global)

41% more inclined to accept a job if company has green credentials

B&C, 2007

80% of workers would prefer working for an organisation with a good environmental reputation

Ipsos Mori, 2007

36% of adults would be more inclined to work for a green company

Harris Interactive, 2008

Is being ‘green’ vital to attracting talented employees?

Two thirds (67%) of workers would choose the green organisation

REED, 2010

17% of people would not want to work for a company with good environmental credentials

REED, 2010

Page 4: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?

Four out of five graduates ‘always’ (25%) or ‘sometimes’ (55%) consider environmental credentials before applying to an organisation.

REED, 2010

71% of graduates actively seek employers with CSR values that reflect their own

PricewaterhouseCoopers, 2008

92% of young graduates would prefer to work for companies with good environmental practices

YouGov, 2009

76% of graduates would consider leaving a firm that changed its CSR policies for the worse

PricewaterhouseCoopers, 2008

Page 5: CBI low-carbon business event: Lewis Campbell (Reed Global)

“Perceptions of a company’s community responsibility positively influences commitment to that organisation”

Centre for Business Organisations & Society, University of Bath School of Management

Is being ‘green’ vital to attracting talented employees?

88% of employees feel it is ‘important’ or ‘very important’ for companies to take social and environmental governance seriously

One Poll, 2008

75% of staff in the Sunday Times Best Companies 2009 believe that their company is committed to environmental issues

58% of employees think the social and environmental responsibilities of their organisation are important

Ipsos Mori, 2006

30% of recruits identified their CSR stance as a reason for joiningBT, 2006

Page 6: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?

More than a third of young professionals feel that working for a caring and responsible employer is more important than salary

BT, 2006

46% of people would chose the environmentally responsible organisation even if the salary was lower

REED, 2010

The salary was 5% lower

The salary was 10% lower

The salary was more than 20% lower

“If there were two identical jobs, I would choose the environmentally responsible organisation, even if…”

28%

14%

4%

Page 7: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?

47% of CIPD members believe employees prefer to work for organisations with strong environmental credentials

46% of CIPD members believe external recruits would prefer to work for organisations with strong environmental credentials

Labour Market Outlook Survey, CIPD 2008

78% of 198 multinational companies describe CSR (inc. environmental practices) as ‘very’ or ‘extremely’ important in recruitment and retention

The Conference Board, 2006

Page 8: CBI low-carbon business event: Lewis Campbell (Reed Global)

London School of Hygiene and Tropical Medicine (2009) secretly monitored 200,000

toilet goers across UK Petrol stations

Percentage of women who washed with soap and water:

Percentage of men who washed with soap and water:

Is being ‘green’ vital to attracting talented employees?

of people say they always wash their hands after using public toilets.95%

32%

64%

Page 9: CBI low-carbon business event: Lewis Campbell (Reed Global)

Accenture, 2006

Employer Characteristic Priorities of Job Seekers

% of Respondents Selecting Employer

Characteristic Priority

1. Challenging and interesting work 60%

2. Recognises and rewards accomplishments 58%

3. Provides an opportunity for fast career growth and advancement 44%

4. Financially strong/will prosper in the long run 42%

5. People-orientated 42%

Is being ‘green’ vital to attracting talented employees?

Top 5 ‘organisation characteristics’ for job seekers % of respondents selecting

1. Opportunities for progression 71%

2. Opportunities for learning and development 67%

3. Good reputation 61%

4. Competitive pay and benefits 64%

5. Strong position in the market 38%

REED, 2009

Page 10: CBI low-carbon business event: Lewis Campbell (Reed Global)

Is being ‘green’ vital to attracting talented employees?