In honor of one of the US's biggest holidays - Thanksgiving - this week we're featuring pieces about showing gratitude and appreciation to your employees and at work. And don't forget to be thankful for your own employer too! Happy Thanksgiving and happy weekend!
1) 5 Unique Ways to Show Thanks to Your Employees from Inc.
"The most important ingredient for a perfect Thanksgiving is gratitude. Show your employees you care with these gestures. Most of the ingredients for the perfect Thanksgiving are easily attained, but many people struggle with (or forget) the "thanks" part. Silly, since that's what Thanksgiving is really about. Yet expressing gratitude does not come easily for everyone. I find that entrepreneurs easily neglect to offer adequate thanks to their employees. Sure, they are paid for doing their job, but that doesn't eliminate their need for recognition, thanks, and praise. Turn over a new leaf this year by devoting time to thinking about the special gifts and qualities each of your employees brings to your business. Then take the next big step: Show your gratitude in a meaningful way. Your thoughtfulness will go a long way. Employees who feel appreciated will reward you with their loyalty and more."
We’ve all had moments where we focus on the negative aspects of our jobs. I remember complaining to my dad about some of the menial tasks that I had to do in my first job out of college. “It just wasn’t rewarding work,” I told him. How millennial of me. He told me that more than likely a job is about 70% grunt work (aka, the things you don’t like to do) and 30% enjoyable work (aka, the things you like to do). That outlook seemed pretty bleak to me at the time, and maybe his perspective was a reflection of his generation. But now that I’m a bit older, the general message he was trying to tell me was that no job is perfect. There will always be aspects of any job that you don’t like, but it’s more about what your willing to tolerate to also get the good stuff. You may love the content of your work, but you have a terrible boss. Or your commute is terrible, but you have incredible colleagues.
This week we have a bunch of tips and tricks for you to consider when it comes to employees, recruiting, leadership, etc. Enjoy and have a great weekend!
1) 14 Highly Effective Ways to Motivate Employees from Inc.
"Your employees may not be as motivated as you are. Here are 14 tips from entrepreneurs on how to better motivate your staff. You believe in your company wholeheartedly. There's an entrepreneurial fire burning strong inside that motivates you to work harder each day. Unfortunately, the same cannot always be said about your employees. In a 2015 SHRM Employee Job Satisfaction and Engagement survey, only 69 percent of employees felt they were consistently putting all their effort into their work. If you've tried a variety of incentives but are still seeing the negative side effects of low motivation, you're not alone. Sometimes even the best managers have to think outside the box to find creative and reliable ways to motivate their employees."
In honor of Veteran's Day in the US, we're focusing this week's Talent and HR News Weekly Update on veterans and jobs. Here are some recent articles about the two topics as they relate to each other. And don't miss Susan's post on our own blog this week about veterans. Happy weekend!
1) Obama’s Veterans Day message focuses on jobs from Washington Post
"President Obama focused his Veterans Day remarks on the growing ranks of former troops who have served in Iraq and Afghanistan and are now searching for new ways to serve their country at home. “We’re in the midst of a new wave of American veterans,” said Obama, referring to a generation of men and women who have weathered the longest stretch of war in U.S. history. Those veterans have struggled in recent years to get care from an overwhelmed Department of Veterans Affairs. They’ve faced a higher unemployment rate than their civilian peers and an increase in suicides."
Every year when Veterans Day rolls around, we love to get a piece of the action. We dutifully thank our veterans, offer them discounts on products and services and create wistful, tear-inducing commercials talking about our commitment. Social media is not exception. From hashtags to heartfelt posts, we'll be uber-thanking our veterans and those serving in the military. As we should.
But it's not really what veterans want. Ask them.
It's now November, which means stores have started putting out their holiday stuff (if they haven't already!). It's also about the time that people start thinking about their holiday vacation time, so we thought we would share some of the latest thinking around vacation, and it's not just about the latest trend of "unlimited vacation" (although there is some of that mixed in). In a world that is so connected and culture that's addicted to work, it's nice to see a decent amount of writing about the topic of vacation for employees.
1) We Offered Unlimited Vacation for One Year. Here's What We Learned. from Fast Company
"Unlimited vacation is still a hot topic among companies that are taking a fresh look at their benefits. Earlier this fall, Kickstarter axed its unlimited vacation policy, saying that it had actually encouraged employees to take less time off. Still, unlimited vacation has its advocates, particularly as an antidote to reports of work-life balance becoming ever more elusive. Other employers worry that adopting an unlimited vacation policy opens the door for workers to abuse it, harming the company's productivity. So which is it? Having recently tried a year with unlimited vacation, we've found that it's neither."
This week we're focusing our weekly roundup on what's been in the news lately around jobs and the workforce. There are a lot of interesting reads to kick off your weekend. Oh, and Happy Halloween!
1) Here’s What Companies Are Saying About Wage Growth in Their Earnings Calls from Bloomberg
"Some signs of labor market tightness. Earnings season is in full swing in the U.S., and the labor market continues to be a big topic as the Federal Reserve debates whether to raise interest rates for the first time in nearly a decade. Although wage growth has remained elusive despite a hiring boom, there are some anecdotal signs it’s picking up, as a number of companies in the Standard & Poor’s 500-stock index have mentioned rising labor costs on their earnings calls over the past quarter. Here’s a sampling. McDonald’s, which announced a pay increase for company-owned locations earlier this year: The incremental labor cost in the U.S. related primarily to our decision to invest in our people by raising wages and providing paid time off for employees at our company-operated restaurants, as well as providing educational assistance to all eligible U.S. restaurant employees effective July 1."
In a few days we’ll be celebrating Halloween here in the states. The role Halloween plays at different points in life is kind of funny. You love dressing up as a kid and getting as much candy as you can. Then you reach an age where it’s just not cool anymore to dress up and go around your neighborhood asking for candy (my mom has a policy that if the trick or treater is taller than she is, she won’t give them treats). Just when you think you’re done with dressing up, you get to college and young adulthood and the costuming resumes.
I remember the first year I decided not to dress up. It felt a little weird being on the other side, handing out the candy rather than collecting it. In some ways it symbolized a departure from innocence to responsibility. The next year didn’t seem so strange, and then it became more and more fun to be on the other side and show off that I was “older.” This got me thinking about change and transition.
Compensation and wages have been in the news lately, with wage growth in the US picking up as of late. Below are some interesting articles focused on this area of HR - and it's not just salary we're talking about here. Enjoy!
1) Forget Raises. Employers Lean on Health Benefits to Retain Workers from Bloomberg
"Wages are still stagnant, yet employers have found something else to help attract and retain employees: health-care benefits. A good insurance plan has become a more vital tool than ever for hiring, according to a recent survey from the Society of Human Resources. In general, the study found, companies are leaning on benefits to woo current and potential employees. Of the 460 human resources professionals in the survey, 33 percent said that in the last year their organizations used benefits of some kind—ranging from paid leave to wellness programs—to keep employees at all levels from leaving the company. That marks a surge from just 18 percent who relied on benefits to retain staff in 2012."
This week's HR news was all over the place but what stood out were the radical ideas--the "something to consider" as you're thinking about strategy and execution.
1) Radical Idea at the Office: A 40-Hour Workweek from The Wall Street Journal
"At exactly 6 p.m. on any given weekday, the exodus begins at United Shore Financial Services LLC. By 6:05, “the parking lot is pretty much empty,” says Ahmed Haidar, who works in client relations at the Troy, Mich.-based wholesale mortgage lender. United Shore is among a group of small firms trying a radical management idea notable for just how un-radical it is: a 40-hour workweek."
Employer brand set? Check. Social recruiting program? Check. New ATS? Check. CRM to measure it all? Check check check. Your talent acquisition program must be running so smoothly, it's like it's on autopilot. You took off and you're flying along nicely at 10,000 feet. Then you go to land and it's like you've blown a tire. Or an entire engine.
Recruiters still complain about lack of talent.
Volume is high but quality applicants aren't.
Retention numbers haven't really improved.
And you're still scrambling to find money to spend on making the trip even better for the next fiscal year. Sigh.
Any pilot will tell you, that even when the machine is humming along, there many, many factors that play into a safe, on-time arrival. And the same goes for hiring.
At exaqueo, we call it "source of influence." We coined the term several years ago when we realized through every workforce research project we did that there was no such thing as a source of hire. Sure, an applicant's last port of call might come from a job board or a company's career site. But that wasn't WHY they applied.
In honor of yesterday's post about culture, this week's Talent and HR News Weekly Roundup focuses on company culture and some the latest news around this ever so popular topic. Enjoy!
1) 3 Ways to Create the Company Culture You Want from Entrepreneur
"Successful businesses have learned to look beyond skills to whether prospective employees mesh with their company culture from the start. As the founder and CEO of KeepSafe, a San Francisco startup with a cloud-based app for storing personal digital files, Zouhair Belkoura is well aware of how difficult it can be for a fledgling venture to attract and retain talent. Which is why he instituted a “test drive” policy for new hires, leaving the door open for them to simply walk away from their new position within a few days, no hard feelings. Most new hires decide to stick around, but not all. “We just lost two really solid candidates this way,” he says."
outh Korea has been in the news a lot lately for many different reasons: the MERS outbreak, its high standards for beauty, a South Korean NYU student’s release from North Korea… When I googled “South Korea,” its official page appeared first in my search (which is not the case for the US or some other major countries – trust me, I tested it). South Korea has been slowly infiltrating our news feeds, radios, and TVs. And I don’t think it’s by mistake.
Believe it or not, in the 1990’s, South Korea created the Ministry of Culture (now the Ministry of Culture, Sports, and Tourism) as a result of the financial crisis that hit Asia during that time. South Korean leadership wanted “to improve its image and build its cultural influence.”
This week we thought we would share some general HR commentary and insights on a bunch of different topics. Hopefully there's something here that's of interest to you!
1) Epic Guide to Managing Millennials in the Workplace from When I Work
"Baby Boomers are the largest generation of active workers. Their workplace strengths are, according to Ivey Business Journal, their “organizational memory, optimism, and willingness to work long hours.” They grew up working as individuals in large corporations with traditional hierarchies. But…Baby Boomers are quickly being replaced as that largest generation of workers by Millennials, and the differences are striking. Instead of management hierarchies, flat management structures are becoming the norm. Instead of the powerful individual, jobs are now teamwork-based. Instead of a lifelong career, job hopping is all the rage. What’s going on?"
It's hard to ask for help. In fact, part of what makes exaqueo different is our ability to get it done for our clients in a way a big firm just isn't set up to do. We turn on a dime, move quickly and have a scrappy, stubborn "we'll find a way to make it happen" attitude. I love that about us.
That said, we don't know it all, and we don't purport to. Sure, we're experts in our niche of the world--building research-based employer brands and talent strategies and programs. But the HR and business world's bigger than we can wrap our arms around on any given day. And that means we need partners to help guide us, consistently make us smarter and challenge us regularly.
This week's Talent and HR News Weekly Roundup features generation trends. Of course millennials are covered, and there are also a few articles about the aging workforce as well as those youngins (generation Z) who have yet to enter the workforce.
1) Preparing for the “silver tsunami” from Smartblog on Leadership
"While the millennial generation continues to enter the workforce in ever growing numbers, employers are confronted with another workforce challenge from the other end of the employee spectrum: the “silver tsunami” — that wave of maturing associates either preparing to exit the workforce or making the decision to extend their careers. This development is creating challenges for employers and employees alike. Employers are faced with helping employees retire without losing valuable institutional knowledge, as well as supporting and accommodating workers who choose to remain in the workforce. Employees who chose to extend their careers may want to continue to expand their skills or find ways to share their knowledge with younger colleagues."
Pope’s first stop on his US tour. As of a few weeks ago, there was a ton of coverage on how his visit will impact the area and our commutes. One headline read, “Seriously, You Should Not Drive When the Pope Is Here.” Our city shuts down at the sight of one snowflake, so you can imagine the frenzy this has created in terms of being on the roads. Not to mention, we are ranked as having the WORST traffic in the country. While the Pope visiting our nation’s capital is an attraction for many, it doesn’t mean that the daily lives of residents come to a hault. Many companies opted to allow their employees to work from home during the visit to avoid unnecessary traffic. I work from home most days as we are a remote company, and I’ve worked in the consulting industry long enough, so this is nothing new to me. However, in talking to friends who do work in an office every day, most complained about how their companies dragged their feet in letting them work from home.
When we went to gather all the employment and workforce news this week, we saw an interesting trend...there was a lot of writing about hiring. The Feds may be holding off on raising interest rates, but that's mainly due to external factors. Let's hope this is a good sign of the state of employment across the globe even if China is on the brink of an economic disaster...
1) How to Recruit for a Job of the Future from Fast Company
"Experts posit that jobs of the future will include roles such as neuro-implant technician, 3-D printer design specialist, and virtual reality experience designer. While it may be hard to imagine a time when such positions will be part of the regular employment landscape, not long ago, jobs such as iOS and Android developer or chief happiness officer didn’t exist. Candidates looking to make a leap into an emerging role need to shore up related skills, think about reinvention, and perhaps focus on an organization focused on social good to boost their portfolio and work with a purpose. For recruiters hiring for emerging roles, it’s a bit trickier, according to the experts at Caliper, a talent-assessment firm that uses data to map the strengths and weaknesses of managers and employees."
Core schools, a longtime practice for many companies, help narrow down the campus process, build relationships and drive a marketing presence on a few key campuses (instead of spreading your resources across many). But for many recruiters, the core school strategy is the same tired tale. In fact, for some talent acquisition leaders, the core school strategy isn't a strategy at all. Even if you have been strategic--considering geographic locations of your business, looking for high concentrations of successful alumni, and determining where you have the most recruiting success--it only scratches the surface. In the age of deep dive data, if you're doing what you've always done, you're doing it wrong.
For those of us in the United States, you can't escape the bombardment of election media. Everywhere you turn, news outlets are predicting our future president even though the election is more than a year away. To relate this to our own little world of workforce news, this whole presidential election thing got us thinking about leadership. Of course, any president of one of the world's most powerful nations better have strong leadership skills. And though it may not be on such a large scale, leadership comes into play as we lead teams and projects in our own organizations. This week we're sharing some recent articles on leadership. This is always an interesting topic to indulge in - enjoy!
1) America Needs Talent(ed Leaders) from Forbes
"The summer is over, thank goodness. Although this may be heresy to beachgoers and people like me who enjoy the opportunity to wear white between Memorial Day and Labor Day, it has become gospel for political panjandrums. At the end of August I wrote about Donald Trump, whose appeal to the worst in human nature may be exceeded only by a handful of historical figures. But nature abhors a vacuum, and Trump has ably filled the vacuum created by a raft of uninspiring and visionless would-be leaders."