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HR News Roundup

Talent and HR News Weekly Roundup: Perks, Benefits, and Work Style

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Talent and HR News Weekly Roundup: Perks, Benefits, and Work Style

The race for talent is on. Companies are offering many different perks and benefits to stand out from the crowd. But are these what candidates and employees really value? Or just putting lipstick on a pig? In this week's Talent and HR News Weekly Roundup, we're sharing some of the latest thinking around perks, benefits, and work style. 

1) Wedding expenses and Tesla leases: The arms race in employee perks from Washington Post

"Nick DeMarco runs a small biotech startup in Raleigh, N.C., that makes scientific instruments. But what got his company, Practichem, attention from CNBC's "Power Lunch," the Huffington Post, Fortune and other media outlets last week wasn't the innovative products he's making. It was his promise to lease Tesla Model 3s to employees when they become available. "The world’s changed a lot, and technology people are really hard to bring in," DeMarco, who has 10 full-time employees and is trying to double that number with new hires, said in an interview Monday. He believes spending money to lease the wildly popular cars -- which are not expected to be available until at least the end of next year -- will turn out to be a smarter recruiting investment than funneling more money to headhunters. Though he sees the leases as rewards for good performance to help retain current workers, he's also hopeful the media coverage and word-of-mouth from employees will help him hire people with the skills he needs in what he calls an "esoteric field." "We're not sexy," he says."

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Talent and HR News Weekly Update: The Latest

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Talent and HR News Weekly Update: The Latest

In this week's Talent and HR News Weekly Update, we're showcasing the latest thinking to keep you up on the beat. Anything from engagement (will we ever see this go away? probably not) to mental health days. Happy Friday!

1) Stripe's Crazy New Hiring Experiment: Bring Your Own Team from Inc. 

"From Google's wacky (and now out of favor) brain teaser interview questions to Zappos' unusual offer to pay recruits to quit if they didn't feel at home in their new job, startups and tech companies regularly pioneer new hiring practices that entrepreneurs in other industries might want to consider trying. Here's a new one for you, courtesy of the management at payment startup Stripe: how about hiring teams, rather than individuals?"

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Talent and HR News Weekly Roundup: Hiring

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Talent and HR News Weekly Roundup: Hiring

This week's Talent and HR News Weekly Roundup features the latest thinking on hiring. There are lots of different perspectives below - enjoy!

1) How to Streamline Your Hiring Process and Attract the best team from Betterteam

"Want to make sure your company grows and keeps growing? Hope to enjoy working with your colleagues instead of dreading it? Trying to save time sifting through applicants? Get the right hiring process in place, and all of this will come together. Get the wrong one in place, or march forward without one, and it’ll cost you. Literally, as in tens thousands of dollars or more. Rather than hoping that each hire will work out, or trying to turn bad hires into good ones, build a solid hiring process - a system that creates a continuous pipeline of great employees. An effective hiring process will help you hire at the right moment, get more qualified applicants and save time by screening out unqualified ones. It’ll help you get the best applicants hired and keep them longer."

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Talent and HR News Weekly Update: The Latest

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Talent and HR News Weekly Update: The Latest

Since there was a lot of good stuff on the interwebs this week, we're sharing the latest. No themes, no topics, just the latest in HR thinking. Happy weekend!

1) Employers set to increase career development program to retain talent from Employee Benefit Advisor

"Career development programs are poised for significant growth this year, as employers recognize alternative rewards as part of a benefits strategy to keep and retain employees. According to new research by Korn Ferry Hay Group, companies are prioritizing career development over other alternative rewards, benefits and bonuses for their employees. More than half of the 242 employer respondents polled by the consulting group said they intend to expand the use of career development programs across all employee levels. “Retention of key talent is a top-of-mind issue for organizations these days, given the lowest unemployment in several years and continued economic health of most industry sectors,” says Tom McMullen, rewards practice leader, Korn Ferry Hay Group."

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Talent and HR News Weekly Roundup: The Future

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Talent and HR News Weekly Roundup: The Future

There was a time when letters were the only way to communicate, then phones came into the picture, then email. At each of those stages, we never imagined how different work, or life for that matter, could be. So what can we look forward to in terms of the way we work, recruit, and operate in HR? Here are some things people are seeing in their crystal balls. Enjoy this week's Talent and HR News Weekly Roundup, focusing on the future.

1) Netflix’s Former Top Recruiter on the Workplace of the Future from Wall Street Journal

"Right now, thanks to social media, we have a connection with customers that we’ve never had before—instant feedback on how a company is doing. As a result, you’re going to see a tighter connection between what people do and who they serve. We’re not going to have silo departments within a company that operate on their own and never see the outside world. And we need to educate our employees accordingly by teaching them how the entire business works and how they fit into the machine. I’d rather have employees spend one hour learning how a company makes its money than sit through a yearlong course on conflict management. Knowing how a business works will help employees understand why decisions are made, and that goes a long way toward improving performance. Corporate jargon does nothing but slow us down, and it’s the exact opposite of the transparency and openness we’re going to see more of in the future."

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Talent and HR News Weekly Update: Showing Gratitude & Appreciation

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Talent and HR News Weekly Update: Showing Gratitude & Appreciation

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."

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Talent and HR News Weekly Update: Veterans

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Talent and HR News Weekly Update: Veterans

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."

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Talent and HR News Weekly Roundup: Compensation & Benefits

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Talent and HR News Weekly Roundup: Compensation & Benefits

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." 

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Talent and HR News Weekly Update: Company Culture

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Talent and HR News Weekly Update: Company Culture

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."

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Talent and HR News Weekly Update: Spotlight on Hiring

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Talent and HR News Weekly Update: Spotlight on Hiring

In this week's Talent and HR News Weekly Update, we're putting the spotlight on hiring. It's a critical point for any individual and company. There's always the question on both sides if this is the right decision. The timely articles below provide different perspectives when it comes to hiring. Enjoy!

1) The Simple Formula For Hiring And Retaining Top Performers from Inc

Want to attract the best talent and keep them? There’s a simple formula to follow, and it’s not about the money. Perfect Candidate = Ideal Cultural Fit + Proven Ability To Do The Job. There are only three reasons why any hiring manager will hire someone: 1. Best Cultural Fit, 2. Proven Ability, 3. Need For The Role. What Is Your Culture? When you hire for culture first, you’re ensuring that the person you choose will fit in with your existing team. Culture is your unwritten rules, your philosophies, your methods, your beliefs, your way of doing things, even down to your mannerisms and how you dress. When the rock band AC/DC needed a new singer, they didn’t choose a female ballad singer, they chose a hard-rocking, leather-wearing man who fit their style, image and energy. When you’re hiring, whether you are aware of it or not, you’re doing the same thing."

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Talent and HR News Weekly Update: What's Been Happening This Week

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Talent and HR News Weekly Update: What's Been Happening This Week

he wage wars are heating up this summer. We've talked about companies taking the initiative and raising the minimum they pay their employees, and now the government is taking action too this week. Other employment news to highlight covers women in the workforce, your boss, and one technology company's plans to cut its workforce. Check it all out in this week's Talent and HR News Weekly Roundup!

1) New York Panel Approves $15 Fast-Food Wage from The Wall Street Journal

"Board recommends $15 minimum wage for fast-food workers in NYC by 2018 for establishments that are part of chains with more than 30 locations nationwide. New York state’s fast-food wage board on Wednesday recommended raising the minimum wage for that industry to $15 an hour by 2018 in New York City and by 2021 elsewhere in the state. The move gives Gov. Andrew Cuomo a political gain with labor unions and liberal Democrats who have pushed for higher wages for low-income workers, even as it prompted an immediate backlash from businesses that say higher costs will lead to job losses."

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Talent and HR News Weekly Roundup: Alternative Work Arrangements

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Talent and HR News Weekly Roundup: Alternative Work Arrangements

There are many companies out there challenging the 9-5 mentality and offering different approaches and options for the way its workforce works. Some work environments don't allow for much flexibility, as there are jobs where you must physically be present, such as a shift at a restaurant or a security guard. Where it is possible though, companies are experimenting with what works for their companies and workforce. Here are some recent trends in alternative and flexible work arrangements, that someday may shift from being "alternative" to being the "norm."

1) Leaders Catching on to Four-day Workweeks from Human Capital Online

"For an increasing amount of companies, four-day work weeks have become standard practice – particularly during the summer months – but is a compressed schedule something you should consider? These advocates think so. “Better work gets done in four days than in five,” says Basecamp CEO Jason Fried. “When there’s less time to work, you waste less time.” The software company shifts to a 32-hour work week from May through to October – giving employees the chance to spend long weekends with their families without taking time off."

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Talent and HR News Weekly Update: What's Been Happening This Week?

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Talent and HR News Weekly Update: What's Been Happening This Week?

We're back with the Talent and HR News Weekly Roundup. There has been a lot going on related to employment news this week, with big names such as Uber, Clinton, and Disney. Check out below for the latest news this week:

1) In a Turnabout, Disney Cancels Tech Worker Layoffs from New York Times

"In late May, about 35 technology employees at Disney/ABC Television in New York and Burbank, Calif., received jarring news. Managers told them that they would all be laid off, and that during their final weeks they would have to train immigrants brought in by an outsourcing company to do their jobs. The training began, but after a few days it was suspended with no explanation. In New York, the immigrants suddenly stopped coming to the offices. Then on June 11, managers summoned the Disney employees with different news: Their layoffs had been canceled."

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Talent and HR News Weekly Roundup: Why HR is Important to Your Business

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Talent and HR News Weekly Roundup: Why HR is Important to Your Business

When thinking about "business," what comes to mind first is finance, selling goods and services, advertising...Human Resources is not necessarily at the top of the list. Yet it's a necessary function to keep a business running because no matter what, there are people involved in a business. And not only is it necessary, it's important. Below are some thoughtful pieces around why HR is important to your business. 

1) What Organizations Need Now From Human Resources from Forbes

"The job of Human Resources today is to make people and organizations grow, yet it has only marginally evolved since its inception around the end of the nineteenth century. Starting as 'Personnel,' to protect women and girls in industrial environments, it gradually morphed into other realms including employee hiring, firing, attendance, and compensation. Motivation, organizational behavior, and selection assessments were added to the mix in the 1960s and ’70s. Over the last decade or so, the title of H.R. Business Partner – essentially a business-focused H.R. Manager role – was introduced with little impact."

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Talent and HR News Roundup: Building Your Team Edition

Talent and HR News Roundup: Building Your Team EditionStartups and high-growth companies always struggle when they hit the bumps in the road recruiting and managing talent.  Part of the challenge is that most founders aren't experts in people and human capital management. Like finance, sales and product development, managing the strategy for a growing team is a specific area of expertise. In this week's news roundup we focus on some great articles about building your team, steps to avoid and the perspective of the job seeker.

1) Zynga Layoffs: What Happens When Startups Grow Too Fast at Entrepreneur:

It's tempting to move quickly and grow fast. After all, you have products and services to push. And let's be honest -- you need to make money.  The first default might be to hire, hire, hire. But expanding your workforce too quickly can have negative consequences.

2) Edward Snowden: No Degree, Lied on His Resume, Promptly Hired for $122K a Year... at The HR Capitalist:

When you're growing quickly, it's easy to bypass steps that take extra time and take bigger risks. But when it comes to talent, bypassing background checks or thinking employment law doesn't apply to you is a huge mistake -- one that even big companies make.

3) The Secret to Building Dream Teams at Talent Management:

Just like job seekers think if they talk, they can interview, managers and startup leaders think hiring is as simple as asking a few questions. It's actually more of a science than you think and the bigger you grow, the more important it is.

4) 3 Steps to Negotiating a Startup Job Offer at The Daily Muse:

If you're trying to figure out how to convince that perfect candidate to join your company, get in their head. What are they thinking about when deciphering and negotiating the offer?

exaqueo is a human resources consultancy that helps startups and high-growth companies build their cultures, employer brands and talent strategies. Contact us to learn more about how we can help you build a workforce that’s aligned with your company culture and develop an employer brand that will allow your business to grow in the right way.

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