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WE WON THE BATTLE, BUT NOT THE WAR
Competing For Staff

Be careful what you wish for, it’s commonly said, because you may get it.

OK, so you’ve gotten a booming economy, and your tribe of clients is increasing beyond your wildest dreams. But the catch, like the philosopher’s nightmare, is that you can’t get the people to help you service the business. The competition for lawyers is keeping managing partners awake at night. The financial services industry is hiring accountants at considerably more than you can afford to pay them. You got what you wished for, but …

One need only look at the Help Wanted pages of the newspapers and trade journals. CPAs needed. Openings for Associates. Not very appealing in today’s competitive market. Nothing much to distinguish your firm from others. Not much to give the applicant who knows he can get the best an exciting feeling of desire to join your firm.

It’s a highly competitive labor market for professionals, and one in which you can’t always compete in dollars. What’s to be done?

The key lies in the word competitive. If you’re competing for staff – whether it’s for professional or support staff -- then you compete as you do for clients. You use the tools of marketing.

As with all marketing, it begins with the customer – in this case, the prospects you want to come work for you. In attracting them to your firm, it’s not a function of what you want, it’s what they want. Why would anyone come to work for you?

Money, obviously. It’s always been at least that. But if you can’t afford to match salaries being offered by others, or if there’s some other reason that precludes money (such as unfavorable geographic location), what are the other possibilities? What do employees really want?

Abraham Maslow, the humanistic psychologist, spoke of an hierarchy of needs that employees have for job satisfaction. At the base, of course, are the physiological needs, including salary, health coverage, and so forth. Then come safety needs – security in both the employment and in the workplace. Next are the belongingness and love needs – the feeling that one is part of something, such as a team. And finally – and for many people the most important – are the esteem needs. The esteem of others and the opportunity for self-esteem.

While most such analysis tends to be superficial and glib, at least Maslow’s hierarchy tells us that money isn’t always everything in job satisfaction. Other values have substance as well. This is a good foundation to understand how to compete for employees in a tight market, when you can’t compete with money.

There have been a great many books and studies on what motivates employees, but because every firm is different, you learn best from within your own firm. Look at your own people. Why are they here? What do they like and dislike about your firm?

Unless you have a particularly happy place to work, you may have difficulty getting useful answers by asking directly, but a few staff meetings to brainstorm with the partners and staff on recruiting methods will tell you more than you might expect. It’s a simple device, in which you get sound contributions and ideas from people just by asking for their help. And as in any marketing context, defining what you have that best answers the needs of your target audience is the foundation for delineating a position – a presentation of your firm or your services that best responds to the needs of your target audience. The position, which must be an accurate representation of what you really are, is the foundation for advertising, for public relations, and for aggressive recruiting.

An ad campaign uses a position as a foundation for appealing to those desires of prospects that go beyond money. Some basics …

The following is an actual ad (names changed, of course) that was written from a delineated position. The firm is located in a particularly competitive city for attorneys. What were the three things that the foregoing process showed that distinguished this firm from others? The answer was access, responsibility, and partner path. This is how it came out (this is an actual ad, and may not be used without permission) …

IF GROWTH IS IN YOUR FUTURE, COME GROW WITH US

ACCESS

Access to clients and client matters makes you a part of the process -- not an outsider waiting for your turn to get off the bench. As an associate at Smith & Dale, you are hands-on from virtually your first day with us.

RESPONSIBILITY

We assume that you are a responsible attorney -- and we give you responsibility. Responsibility with clients, responsibility with the firm, responsibility with the legal process.

PARTNER PATH

Your partnership path begins on the day you join us. And if you decide that you don't want to be a partner, or we decide (after a reasonable period of time) that we can serve each other's needs without partnership, we may still value your skills well enough to warrant your staying with us under a different arrangement.

INVESTMENT IN YOU

When you join Smith & Dale, we invest in you -- in your training, in your opportunities, in your skills, in your future. We want you to succeed and prosper, and we'll do everything we can to make that happen.

We assume that with 2 to 5 years of experience in your specialty, you're qualified to join us -- and to participate in our very rapid growth.

Currently, we need...

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If our needs match your experience, come talk to us. You'll find we have a lot in common.

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Recruiting good people must be done as assiduously as prospecting for new clients. It’s best done with a concentrated and well planned marketing campaign.

Will it win the superior candidate from the firm offering 30% more money than you can afford? Probably not. Sometimes yes. But it will certainly give you the edge over firms that recruit the old fashioned way.

 

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