EMPLOYEE RECRUITMENT AND ITS RELATIONSHIP WITH EMPLOYEE SATISFACTION: VERIFYING THE MEDIATING ROLE OF THE EMPLOYER BRAND

Marko Slavkovic¹, Goran Pavlovic² and Marijana Simic²

¹Faculty of Economics, University of Kragujevac, Kragujevac, The Republic of Serbia

²PhD student at Faculty of Economics, University of Kragujevac, Kragujevac, The Republic of Serbia

The transformation of a capital-intensive to knowledge-driven economy has marked the beginning of a new epoch in business doing. Carrying out business activities in an extremely dynamic environment has greatly reduced the importance of traditional concepts and techniques, which is the reason why the focus has shifted to human resources and their management. Accordingly, a company should attract, retain and motivate its employees in order to ensure a high level of their satisfaction by ensuring the achievement of strategic goals. A possible direction of achieving the desired position is based on the development of the employer brand. Therefore, the aim of this paper is to determine the impact of practice in conducting employee recruitment activities on their satisfaction, as well as the influence of the employer brand as a mediator on the identified relationship between the recruitment and satisfaction of employees in Serbia. The results of the conducted empirical research study have proven the existence of a statistically significant positive influence of employee recruitment on satisfaction, while the mediating influence of the employer brand has also been fully confirmed.

Keywords: recruitment, employee satisfaction, employer brand, talents, fit model

JEL Classification: M12, M39, M51