How Mobfox Leverages CSR To Engage Tech Talent
Corporate social responsibility is nothing new. The concept of CSR first came into vogue midcentury. What is new is the true commitment to social justice that millennials have brought to the workforce. Motivated by a desire to work in jobs that allow them to make a positive impact on the world, this generation expects its employers to act as responsible stewards of society, turning CSR from a nice-to-have to a must-have.
While CSR activities often show what is important to the company’s management and audiences, it can serve another purpose, too – while doing good. Finding and keeping top talent for technology firms is fiercely competitive, and today’s hot fields like blockchain, autonomous vehicles, and IoT dominate headlines and scoop up the top-flight experts. CSR, on the other hand, can make a difference for other tech companies as they position themselves to attract skilled employees.
As the Brookings Institution notes, millennials will account for more than one third of the American adult population by 2020, and will comprise 75 percent of the workforce by 2025. Eight in 10 millennials expectbrands to make public declarations of their “corporate citizenship,” and recent attention to gender discrimination and other social inequalities has magnified their focus on how companies integrate social consciousness and action into their corporate cultures.