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Third party employment branding : human capital inflows and outflows following 'best places to work' certifications

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Dineen, Brian R. and Allen, David G. (2015) Third party employment branding : human capital inflows and outflows following 'best places to work' certifications. Academy of Management Journal, 59 (Issue 1). pp. 90-112. doi:10.5465/amj.2013.1091

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Official URL: http://dx.doi.org/10.5465/amj.2013.1091

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Abstract

"Best Places to Work" (BPTW) and similar competitions are a proliferating form of third party employment branding. Little is known, however, about how single or repeated third party employment branding occurrences relate to key human capital outcomes. Extending signaling theory by considering signal credibility and comparability, we use archival and survey data from 624 BPTW participants in sixteen competitions across a three-year period to develop and test hypotheses linking BPTW certifications to collective turnover rates and key informant perceptions of applicant pool quality. We find that certifications are associated with lower turnover rates, and in addition, propose competing crystallization and celebrity hypotheses that model turnover trajectories with repeated certifications, finding diminishing marginal turnover reductions across multiple certifications. We also examine company size and industry job opening moderators, finding that as certifications increase, applicant pool quality is (1) higher in smaller companies and (2) higher when job openings are scarcer. Finally, beyond being certified or not, we find supplemental evidence for effects of the specific certification level achieved (e.g., 2nd versus 15th). This investigation advances theory related to collective turnover, applicant pool quality, and employment branding, and is relevant to company decisions about seeking or re-seeking third party certifications.

Item Type: Journal Article
Subjects: H Social Sciences > HF Commerce
Divisions: Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management
Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Branding (Marketing)
Journal or Publication Title: Academy of Management Journal
Publisher: Academy of Management
ISSN: 0001-4273
Official Date: 14 July 2015
Dates:
DateEvent
14 July 2015Published
10 July 2015Accepted
14 November 2013Submitted
Volume: 59
Number: Issue 1
Number of Pages: 23
Page Range: pp. 90-112
DOI: 10.5465/amj.2013.1091
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Funder: Society for Human Resource Management (U.S.) (SHRM)

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