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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: Employer Brand

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Talent and HR News Weekly Roundup: Employer Brand

Over here at exaqueo, we love brand. Consumer brands are cool, sure. But for me personally? Employer brand has more meaning. Sure, there are products and services that are invaluable and that change your life. But (almost) everyone works, and you spend most of your time at work. Deciding where to work is a major life decision. The salary you land on, the experience you get, the connections you make...this mostly sets the trajectory for your professional life. So that brand experience is crucial. This week our Talent and HR News Weekly Roundup features the latest thinking on employer brand. Enjoy!

1) How to Use Employer Branding to Become a Talent Magnet from Beamery

"Recruiters at Google probably have a much easier time of it than you! It’s not because they’re necessarily any better at their job, it’s because Google’s employer brand is so strong. The company has become THE place to work for many great engineers. Everyone has heard of Google and the exciting projects that it’s working on, (self driving cars being perhaps the most famous.) Therefore, whenever a sourcer reaches out to a top candidate, they’re already predisposed to listen to whatever it is they have to say. This is the power of branding! You may not have the resources or reputation of Google, but that doesn’t mean that you can’t build an awesome brand."

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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: 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 Update: The Performance Review

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Talent and HR News Weekly Update: The Performance Review

The performance review. Most people dread them. Some people look forward to them. The intent of performance reviews is worthwhile. It's an opportunity to provide feedback to employees and discuss areas of growth. Sometimes though, employees and managers just go through the motions making performance reviews a pain in the neck rather than a meaningful discussion. We're half-way through the year, which is a time when employees and managers usually "check-in" with each other, so for this week's Talent and HR News Weekly Roundup, we're sharing the latest thinking around performance reviews. 

1) Employee Performance Review: Productive or Destructive? from Findmyshift

"Why do employees overwhelmingly dread their annual performance review with the boss? Quite often, this discussion is tied to the decision of whether an employee will receive a pay raise. What's more, many of the points a manager makes about an employee can feel personal, even subjective, and not reflective of his or her true performance over a year's time. It's up to managers to make the dialogue in the annual performance review as employee-friendly as possible, even though the odds are already stacked against both manager and employee. A different kind of process altogether can benefit employees and empower managers to feel more successful in appraising employee performance."

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Talent and HR News Weekly Roundup: Best of Recruiting

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Talent and HR News Weekly Roundup: Best of Recruiting

As we near year end and transition into 2015, we're going to bring you a "best of" series of Talent and HR News Weekly Roundups over the next few weeks. We'll share some of the most popular, interesting, and newsworthy pieces that we shared over the past year related to certain topics. This week we're spotlighting "Best of Recruiting." Check out what made the cut below:

 

1) Top Tips for Recruiting from Businessworks

"During the past three years that I've been CTO at Affectv, we have grown from three to 40 people, more than doubling our Engineering team in the last eight months alone, says Pravin (Prav) Paratey. In the next six months, we are looking to double this number again. We've made mistakes and avoided some ... here are the things I wish I'd known three years ago!"

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Talent and HR News Weekly Roundup: Leadership Insights

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Talent and HR News Weekly Roundup: Leadership Insights

Anyone can demonstrate leadership qualities, regardless of your level. You don't need to be CEO of a company to demonstrate leadership. Below are some of the latest articles sharing thoughts on leadership and improving your skills in this area. 

1) Leader, Know Yourself from Lead Change Group

"Servant leadership is not easy to do in today’s dog-eat-dog, me-first business environment. Yet we’ve all had great bosses that embraced their role to help team members succeed, to feel good about their contributions, and to feel trusted and respected in their workplace. In fact, when working for a boss that cares and serves, employees’ engagement increases, production increases, and service to customers increases."

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Talent and HR News Roundup: How to Be Better Edition

Ever have one of those weeks where you got some great feedback on how to be better from multiple people?  They are rare, but fantastic. Most of us know what we're good at, but we're not always aware of how we can be better. And unfortunately one of those things most of us aren't good is giving developmental feedback. So this week, we've pulled together some really relevant pieces on how you can be better. You know, in case no one will tell you. 1) The Best Kind of Entrepreneur to Be from Inc.

"Maybe you're afraid to start a business because you feel you could never compare to the brightest stars in the entrepreneurial firmament. Or maybe you shrink from the thought of having to work and sacrifice and struggle towards a goal you may never accomplish. Or maybe you think other people have some intangible entrepreneurial something--ideas, talent, drive, skills, creativity, etc.--you just don't have. If that's the way you think, you're wrong."

2) How Your Team Can Stay Nimble While Growing from OpenForum

"When your team is small, your biggest barriers tend to be external in nature: needing more funding, press or market traction. Internally, though, you can turn on a dime. Yet as you grow, keeping your team aligned and coordinated becomes increasingly challenging. The single best tool you have in keeping your growing team agile is building a culture of effective communication."

3) Dealing With Difficult Employees When You Don't Have the Time from exaqueo

"As founders or leaders, we’re always on the fly. I’m writing this blog post from an airport lounge! But that doesn’t mean I should text an employee if there’s a problem, or shoot off an email, hit send, and shut down the computer. Feedback has to be a two-way street real-time. A ten-minute phone call now will save you five emails later and an employee so frustrated, stewing about the feedback that he doesn’t focus for the rest of the day. Always direct, always in-person (or on the phone)–the only way to give feedback."

4) Staying Calm is Important from SmartBlogs

"Yelling, screaming and berating others is not acceptable behavior from a leader. If you have a tendency to “go off” on others, you set a bad example (people are watching you and copying your poor behavior) and make the objects of your rage feel terrible. Motivation is killed. More importantly, your employees will avoid and abandon you when you need them most to knuckle under and get the work done or to go the extra mile."

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exaqueo is a workforce 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 scale the right way.

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