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Is Your Talent Pipeline Prepared for Turbulent Times?

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Sponsored by Toptal

In today’s fluid business environment, employers are still struggling to find the right kind of talent when they need it. But what does it take to build a truly flexible, modern workforce? It takes a creative strategy and a nimble game plan. For example, a growing number of companies rely on a remote talent pipeline that scales up or down with their organization’s requirements.

In this podcast episode, we explore how employers can improve organizational resilience by tapping into a diverse pool of qualified specialists whenever the need arises…

Meet Our Guest: Vicky Mackie

This week, I’m excited to speak with Vicky Mackie, SVP of Talent Operations at Toptal — the world’s largest fully remote workforce of top talent that enables companies to scale their teams. Vicky plays a central role in matching clients with talent who have specialized expertise, on-demand.

Prior to joining Toptal, Vicky honed her strategic and operational acumen as a management consultant at Bain and Company, where she helped executive teams in multiple industries tackle their most pressing issues.

With her depth of experience, I know Vicky has loads of helpful advice to share about talent strategies that support business agility. So let’s get started!

Why a Flexible Talent Pipeline Is Essential

Welcome, Vicky. The concept of a flexible workforce seems to be gaining even more popularity now. Why do you think this model works so well, especially in an unstable business climate?

When building a talent pipeline, great leaders rely on data. What metrics are we trying to hit? What projects will help us reach those goals? From there, you can build out your recruiting pipeline over the next 6 months, 12 months, 18 months.

But although planning is still very valuable in an unstable environment, you can’t always predict the future. So the option of a flexible workforce helps supplement full-time workforce planning. It also helps fill gaps when things are uncertain or unexpected.

For example, you can flex capacity up and down as needed. Or you can tap into highly qualified talent much more quickly. Or you can find a new type of talent that matches growing demand for emerging technologies, like AI and Generative AI.

Linking Flexible Talent With Remote Work

How do you see talent management evolving with the shift to remote work and the need for flexible talent?

Research by Manpower Group says almost 80% of companies face talent shortages today. And with the pandemic, companies saw firsthand how effective remote work can be, right? Now, more processes and technologies are available than ever to make that experience incredibly smooth.

So, to attract talent that will differentiate your company, you need to leverage remote work. You’ll not only find and attract the best talent, but also retain them.

And because you’re not limiting yourself to a specific geography means you’ll have access to capabilities you may not have had in the past.

Staying Productive Through Change

While building a flexible remote pipeline, how can employers maintain quality and productivity?

First, make sure you rely on a vetted network. By ensuring the people in your talent pool are really experts in their field, you remove the risk of working with contingent talent.

Also, you’ll want to be sure you’re considering the broadest, most diverse pool you can find, so you’re able to choose the best available talent for each role.

Lastly, it’s important to build a culture around outcomes and results. When you’re in the office, you can see people doing the work. A remote environment is different. So focusing on outcomes helps people produce high-quality work without micromanagement.

How Work Culture Fits In

That point about culture is key. It’s important from the outset, right?

That’s right. You want to treat flexible talent as part of your team. They are part of the solution to the problem you want to solve. They’re the experts. And they want to be partners with you.

So you’ll want to be very clear about what success looks like. Investing in that kind of onboarding will improve the experience for everyone.

 

Learn More About Building a Strong Talent Pipeline

For more insights about how your organization can benefit from a flexible talent pipeline, listen to this full podcast episode. And be sure to subscribe to the #WorkTrends Podcast on Apple Podcasts and Spotify.

You’ll also find a wealth of helpful insights and resources for employers on the Toptal Blog.

And anytime you want to continue this conversation on social media, follow our #WorkTrends hashtag on Twitter, LinkedIn, and Instagram. Let’s talk!

Managers Need a Toolbox for the “Post-Everything” Era

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TalentCulture Content Impact Award Winner - 2023
Sponsored by The Culture Platform

What tools actually help managers manage their people? That’s the most important question every organization needs to ask itself as the workplace enters the “post-everything” era. Post-pandemic, post-work-from-home, post-boomers, post-engagement-software’s-failure-to make-a-difference, post-wondering-if-AI-will-affect-work. You get my drift.

I believe this new era will be defined by how well organizations adapt their approach to managing people, as well as the responsibilities they put on managers’ shoulders.

Inside the “Post-Everything” Manager’s Toolkit

“Post-everything” has created a new starting line for managers. Expectations have changed. Most importantly, the number one reason why individuals leave a job today is a lack of growth opportunities. In fact, more than any generations in history, Gen Z and Millennials are ready to quit their current job for another role that promises better opportunities.

This is why managers need to focus on setting clear expectations. But here’s the catch — it requires human-to-human communication.

I’ve managed about 5,000 people in my career. My on-the-ground experience taught me that no two people are exactly alike. Career planning is a process of ongoing communication. It’s a give-and-take conversation about strengths and weaknesses, about roles and responsibilities, about goals and metrics, about performance and results.

As every manager knows, it’s remarkably easy to make mistakes when setting expectations. Being consistent is hard. But it’s even harder if your organization is also inconsistent.

Think for a moment about your career. Ask yourself this question: Have you ever seen an employer dedicated to providing a single, consistent, unified process that helps managers set expectations about career opportunities for team members? Is this happening where you work now?

The “Post-Everything” Process

Of course, a toolbox is only as good as the process it uses.

I’ve spent a decade talking to hundreds of organizations around the world about the role of the manager. Along the way, I’ve repeatedly heard that if we want to help managers set clear expectations, inconsistency is the biggest problem to solve.

Inconsistency comes in many forms. It may come from a lack of formal goals or goals that are continuously changing. You may see it in a failure to establish metrics or metrics that mean different things. It could be about reorgs or reductions in force, weak communication, managerial changes, or language differences. The list goes on and on.

At its heart, inconsistency breeds distrust in management’s ability to be accountable and follow through on an employee’s career growth. These triggers cause people to move on in search of better opportunities. And that’s why I think organizational inconsistency is failing managers today and is the real reason employees are so disengaged at work.

3 Steps For Success

I’ve come to believe that every unified process to help managers consistently set clear expectations must include three essential steps. Individually, each step is helpful. But linking all three end-to-end is the key to empowering managers, especially at scale. So this is my call to action for leaders:

1. Embrace a Common Vocabulary

Communicate with common terms. Think of company-specific languages like V2MOM from Salesforce or standardized vocabularies like OKRs. A common organizational vocabulary eliminates communication gray zones or ambiguities. What words do people use in running your business? You need to define the meaning of those words. For example, what does strategy mean to your organization? How do you distinguish a priority from a program? What is an initiative, and how does that differ from a project?

2. Emphasize Shared Goals

To be clear about which activities matter to operational execution, develop and publish shared goals. These goals are the way people can connect their job role to what will be rewarded. Shared goals serve the important role of distinguishing what’s important from what’s urgent when communicating. Do we care about growth? Or do we care about efficiency? Shared goals help managers align job roles to what the organization actually values.

3. Focus on the Standard Metrics

Are you measuring everyone’s success the same way? A single taxonomy of metrics sets up what employees really want — a consistent accountability system. If people can’t communicate with facts about their performance and results, it leads to an insidious way of getting ahead: relying on who you know. And we all know what that leads to.

Alignment Matters in the “Post-Everything” Era

A common vocabulary, shared goals, and a single system of metrics. Together, they form an end-to-end process that minimizes inconsistency when setting expectations.

Yes, this process is more difficult than buying a software tool. It requires leaders and managers to do the hard work of agreeing on specific elements of the process. But that said, it’s no different with Six Sigma or Lean/Agile methods. And the results are worth the effort.

The “post-everything era” is defined by what the best employees want — growth and advancement. This era demands end-to-end alignment. That means every employee in an organization should be able to align their job role to current and future opportunities. It is hard work for any manager, but it’s the new “post-everything” reality.

Want to Manage Well? Alignment is the Answer

End-to-end alignment requires human-to-human communication up and down the organization. It’s why I believe employers have been getting engagement wrong. It’s upside down. Instead of being engaged, employees want their leaders and managers to be engaged in conversations about their individual career success.

The core premise of The Collaboration Imperative, which I co-authored about Cisco’s best practices, centers on the idea that any great productivity leap forward or new strategic direction requires the alignment of process, culture, and technology. In other words, it may be tempting to depend on a tool for this, but technology alone cannot substitute for a complete process.

Organizations already put significant weight on managers’ shoulders. In the “post-everything” era, it’s time to lighten the load. It’s time for leaders to carry some of the weight by giving managers what they need — a process that consistently and systematically eliminates inconsistencies in expectation-setting. Let’s give managers the toolbox they really deserve. Your people are depending on it.

I want to give you a head start with this process. Send an email request to me at TheCulturePlatform@gmail.com and I’ll send you a PDF of Chapter 4 from The Collaboration Imperative: Creating Commitment to Shared Goals.

Talent Calibration Can Rise Above Politics. But How?

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Are you involved in your organization’s talent calibration process? Think back to the last session you attended with executives. Did they mostly stay quiet? Perhaps experience taught them that opening up about employees exposes them to career-damaging shoot-from-the-hip criticism. Or they may think it reflects poorly on them as leaders if staff members’ ratings are less than stellar.

Unfortunately, this is a common situation. And too often, it leads to needless bias in talent ratings. Hyperbolic statements like “She’s fantastic!” or “He’s a superstar!” don’t help. Actually, leaders’ talent calibration input can be distorted by many factors — territorial issues, inflated egos, unconscious bias, a lack of exposure to employees, and more.

How can you minimize the impact of these variables? After working with many senior leadership teams who’ve faced these challenges, we’ve developed an approach that removes politics from the equation. It’s a two-step process:

  1. Capture leadership behaviors on a scorecard.
  2. Rely on data-based decision-making to drive calibration.

Here’s how it works…

The Behavior Scorecard: Measuring Means and Ends

Some executives are wildly successful, yet they’re notorious for leaving a “trail of bodies” behind them. When the end always justifies the means, it sends a negative message that can seriously damage your organization’s culture.

Before executives calibrate talent, they need a way to manage “ends” and “means” that avoids in-the-moment bias. The answer? Emphasize observable behaviors that reflect your cultural mindset and values. Rather than relying on a standard off-the-shelf competency model, focus on real behaviors that are valued in your organization.

Partnering an in-house team with an external challenger can provide a more balanced perspective. Also, expand your interviews beyond top executives. Perspectives from across the organization help create a realistic and authentic framework. Use focus groups, surveys, and other instruments to help illuminate the nature of leadership at all levels of the organization.

Most companies have already performed much of this work, and the evidence is located in multiple places. Start by analyzing verbatim comments from engagement surveys. Review consultant reports based on employee interviews. Interview people at all levels to understand what is valued currently, and what will help the organization advance. Using this data, you can construct a simple set of leadership priorities, including specific behaviors that can shape assessments and learning opportunities.

Assessments based on these behaviors can be one data point in an executive leadership scorecard. Others might include mobility, diversity goals, engagement survey data, ethical conduct, and participation in employee resource groups. Clearly define measures of leadership behavior that will move your organization in the right direction.

Data-Based Decision-Making: 4 Steps

We suggest a simple 4-step, data-driven decision methodology. We call it the “STAR” process — survey, talent card, assessment, and review. This encourages ongoing conversations about executive talent between peers. It also ensures visibility of organizational talent and breaks down silos to increase mobility, career development and advancement.

1. Survey

Understand a leader’s ‘brand’ before calibration.

Conduct a survey based on the potential and visibility of the “brand” each executive has developed with their peers. To promote a robust discussion, compare each executive’s pre-calibration response with responses from peers. This exercise can be especially helpful for succession planning and development.

2. Talent Card

Show a full view of the leader and their organization.

Use this card to aggregate data about leaders and how they manage their teams. Ideally, it features scorecard data, performance data, risk data, and ethical data. It can also include other relevant organizational data such as spans, layers, diversity, and profit and loss responsibility. To offer a broader perspective, you may also want to add responses from employee surveys.

3. Assess

Weight each item to determine a starting score.

For all talent card data, assign a relative weighting based on importance. This creates a set of “scores” based solely on data. These scores are your calibration starting point. Stack rank the list of leaders by score to identify top, middle, and bottom ranges. A leader’s manager can keep the ranking, or challenge it and add commentary. This balances manager reviews and data-based reviews of executive talent.

4. Review

Prep for calibration.

A review period gives executives a starting point to calibrate talent based on available data. Differences between ratings reveal where the “heat” of conversations should focus during a calibration meeting. This review cycle encourages dialogue about gaps before a calibration session. Encourage participants to stay curious and check their biases. Also, prompt them to ask questions that will deepen their understanding, rather than to explain or defend.

The Calibration Session

After completing the pre-work, you can focus on the gaps between data and manager review as a starting point for talent discussions. It also creates opportunities to ask useful probative questions about each leader. For example:

  • Were appropriate goals established?
  • Is this a “how” or “what” issue?
  • Are they seen as a “blocker” for other talent?
  • How do they interact with peers?
  • Are they visible enough?
  • Do they need to move on to a new role?

The calibration team does more than simply determine an appropriate rating. It also makes data-driven decisions around talent actions. Next steps and plans for both struggling and high-potential talent can be recorded during the session.

Benefits of a Better Talent Calibration Process

We’ve worked with many senior leadership teams who’ve faced serious talent calibration challenges. When one firm used this process to deepen their talent discussion, it helped them create more effective development plans and design more confident action plans during the calibration session.

This planning process enabled executives to conduct more fruitful conversations with their most talented leaders. And these conversations about strengths, opportunities, and career paths within the company resulted in increased mobility through promotions, retirements, and resignations. As a result, the company made way for new talent, while increasing the visibility and mobility of diverse talent.

By relying on available data and linking evaluations to transparent behaviors, you too can reduce bias and improve the conversation about enterprise executive talent. Ultimately, you can minimize the unwanted influence of politics in discussions and decisions about your organization’s most precious resource — talent.

 

EDITOR’S NOTE: In developing this article, Jennifer Tice collaborated with Andy Atkins, VP, Executive and Team Performance Practice at BTS, a global consultancy. For more than three decades, BTS has been designing powerful experiences that have a profound and lasting impact on businesses and their people.

Hiring Outsourced Labor? Here’s How to Maximize ROI

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In a world filled with uncertainty, one thing is certain. “Business as usual” is no longer a realistic strategy. So, during unusual times like this, is it wise for companies to continue hiring? Many employers say yes. But others are turning to creative alternatives like outsourced labor. Here’s why:

Despite lower inflation and a temporary pause in lending rate hikes, the U.S. economy remains shaky. Some experts still say a recession is likely. Yet even though job growth has recently gained some steam, layoffs continue to spook employees — especially in the tech sector. And who can blame them? After all, technology companies have laid off nearly 211,000 people this year. At the same time, the number of open tech jobs has plunged from a high of 477,000 last August to only 168,000 this month. Chilling.

Even so, employers continue to grapple with the country’s ongoing labor shortage. In May, the unemployment rate remained low at 3.7% (about 6 million people), while job openings inched up to 10.1 million. In other words, many more jobs are available than today’s unemployed Americans can fill.

All these variables are making workforce planning especially difficult. So, rather than debating whether to downsize or expand your workforce — why not consider doing both? This strategy may seem counterintuitive. But it actually lets you retain valued employees while hiring talented candidates who want more work stability.

Of course, for this to succeed, your company’s reputation, benefits, and culture must be top-notch. U.S. employees are interested in organizations with a vibrant work culture backed by strong core values. In fact, 75% of employees say it’s “very important” to work for a company with well-defined values. And almost 20% of employees consider it the most important factor for job satisfaction.

If your company neglects these things, you could lose current employees. What’s more, attracting strong new talent will be much more difficult. For ideas about how to make the most of this strategy, keep reading…

How to Hire Quality Talent Amid Labor Shortages

When hiring, prioritize quality over quantity. The importance of hiring the right people can’t be overstated. It may feel good to receive hundreds of applications for an open position, but it won’t necessarily make things easier. If only a few applicants are qualified, you’ll need to spend many more hours of review and deliberation to find them. This unnecessary effort only makes your hiring process less efficient. 

If you choose to hire full-time employees, seek out candidates who have worked at startups or other scrappy environments. This kind of work experience suggests that a candidate is resilient, resourceful, and comfortable wearing multiple hats. 

Alternatively, consider hiring contingent workers. Because outsourced labor is ubiquitous and inexpensive, this is an attractive solution during talent shortages. Outsourced workers can focus on repetitive, easy-to-learn tasks so your full-time, in-house employees can spend their time on more strategic activities. This increases organizational efficiency and effectiveness. It also enhances the employee experience, which should improve workforce retention.

It’s also worth keeping in mind that the current labor shortage is expected to persist. If so, employee hiring and retention challenges are likely to continue. As a result, many companies could turn to outsourced staffing as a long-term solution. That’s a compelling reason to put successful outsourcing practices in place from the start.

5 Ways to Boost Workforce Performance With Outsourced Labor

Keep in mind that managing outsourced labor differs from managing in-house staff. To make the most of your outsourced workforce, try these tactics:

1. Invest in Structure and Quality Control

Designate one or several points of contact to manage outsourced labor roles, responsibilities, check-ins, and quality standards. This creates structure, which in turn prevents confusion, missteps, and other problems. It ensures that your contingent team members are aligned with your organization’s objectives and functional needs. Plus, it encourages two-way communication that helps minimize disengagement, quiet quitting, and excessive turnover.

2. Schedule Regular Check-Ins

Touching base with outsourced staff and outsourcing partners helps maintain accountability, transparency, and trust. By conducting weekly or biweekly check-ins, you can identify and address issues more quickly and keep the relationship moving forward smoothly.

I’ve seen several clients hire and onboard outsourced staff, and then treat it as a “set and forget” business arrangement. Soon, expectations became unclear, and clients didn’t get what they needed. Keeping in touch with contingent employees is vital to be sure everyone stays on the same page.

3. Don’t Overlook Onboarding and Training

An effective onboarding and training plan sets up outsourced workers for success. By providing the information, resources, guidance, and support needed to perform well alongside in-house employees, you can optimize the business value of contingent staff.

Unfortunately at many companies, onboarding is lackluster — even for in-house hires. In fact, according to Gallup, only 12% of employees think their organization does a great job of onboarding new people. With so much room for improvement, effective onboarding is likely to become a key trend in the future of outsourcing.

In my experience, new hires don’t start strong without complete information and training. They’re less likely to understand their role, and often they’re unsure where to go for answers when questions arise. This can lead to unnecessary mistakes.

However, when organizations plan and deliver thoughtful onboarding, they’re rewarded with motivated people who feel empowered to hit the ground running. So taking time to onboard both in-house and outsourced staff can quickly boost your team’s overall efficiency, productivity, and effectiveness.

4. Watch for Hidden Costs

An outsourced labor strategy is often a budget-friendly move. However, hidden costs can potentially erode any financial advantages. For example, you’ll want to pay close attention to the cost of communication and coordination with outsourced workers, as well as the cost of compliance with local labor laws and regulations.

When selecting an outsourcing provider, choose one that is transparent about prices. Also, look for a provider that adds value with payroll, human resources, and compliance services. This reduces management complexity for your organization and minimizes unexpected additional expenses.

5. Protect Against Security Risks

Unfortunately, data security risks are a modern business reality — especially when you rely on outsourced labor. Of course, some security breaches are unintentional. This is where proper upfront training can build awareness and help staff protect sensitive data and systems.

Regardless, intentional threats still exist. Although your trust in contingent staff will naturally increase over time, proactively protecting your business is mission critical. Some of my clients have experienced security breaches because they shared a little too much data and information before new hires settled into their roles. You don’t want that to happen.

To minimize exposure, carefully review outsourcing provider agreements for indemnification clauses that protect you in the event of a security breach. Also, your organization should use password-sharing tools that make it easy to detect and lock out workers who pose a threat.

A Final Note on Outsourced Labor

For most organizations, business uncertainty and talent shortages continue to play havoc with workforce planning. In this environment, it’s critical to determine how your organization can operate effectively and efficiently, no matter what. Hiring the right people is essential. But if you’re reducing headcount or slowing your hiring rate, outsourced labor is an attractive alternative. Relying on contingent staff to augment your in-house team can help you cut expenses and improve business efficiency without compromising core functions. And when managed well, this solution can help your organization effectively weather today’s economic challenges.

4 Smart Ways You Can Use Data to Cultivate Employee Growth

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Data has percolated into every area of business — from the hiring process, to marketing programs, to charting a company’s strategy for the future. In fact, 80% of business leaders now say data is critical for decision making in their organizations. One area where the right data can make a huge impact is when managers are helping individual team members expand their professional skills. Here are some of the most powerful ways you can use data to develop people more effectively:

4 Ways to Use Data for Employee Growth

1. Set the Stage With Feedback Insights

Before applying data to help employees grow, it’s worth starting at the top — literally. Leaders can demonstrate the power of data by ensuring that essential information flows upstream and downstream across your organization.

Start by setting up continuous feedback loops. In other words, create communication conduits that facilitate the ongoing flow of feedback from employees to team leaders and back again. This can help you better identify areas where employees are struggling and respond more quickly to those needs.

The U.S. Office of Personnel Management says effective and timely feedback is “critical to improving performance.” Often, feedback reveals trouble spots that leaders must first address on a management level. This process establishes a foundation that helps employees feel empowered to improve and grow.

For example, imagine that critical project status information is consistently slow to reach some corners of your organization. You conduct a brief employee survey and find that specific communication roadblocks are keeping people from interacting more openly and proactively. As a result, you implement a targeted communication improvement initiative, including tools, protocols, and training sessions that help employees understand when, why and how to communicate project updates.

If you want employees to grow and succeed in their roles, leverage key data from ongoing feedback, so you can encourage growth that also improves business results.

2. Use Data to Establish Performance Objectives

Working hand-in-hand with feedback efforts, data can also play an integral role in establishing employee goals and evaluating performance. The concept is simple. For employees to grow, they must understand where they need to focus and the goals they need to reach.

Smart goal-setting strategies often rely on collaborative OKR methods. This acronym stands for “objectives and key results.” Rather than simply setting a goal and trying to reach it, OKRs let you connect objectives with measurable key performance indicators (KPIs). Data can play a key role as you move through this OKR process.

For instance, say your business wants to boost sales revenue by 10% next quarter (your objective). To get there, you need to define a clear set of actions that will lead to that result. These actions could include a market analysis in the first month to identify additional target audiences, and roll-out of a market expansion sales initiative in the second month. Throughout the quarter, you can use KPIs to measure results and adjust the plan, accordingly.

OKRs are powerful because they tie individual and team goals to organizational objectives. These shared goals are managed and discussed on an ongoing basis. Ultimately, the measurable nature of OKRs lets you use data objectively to measure employee performance and growth over time.

3. Use Relevant Data

Data analysis is an excellent way for leaders to identify opportunities for employee growth. However, it’s important to use data carefully, so you don’t misapply it.

When measuring something like employee growth (which varies from one person to another), avoid using stale or unrelated data. This can cause you to set an unrealistic bar for goals or point you in the wrong direction entirely. Instead, use industry and company benchmarks to create relevant, achievable OKRs that fit into your feedback framework.

For example, leadership consultants at McChrystal Group have helped numerous organizations turn existing data into leading behavioral indicators of team success. The firm’s research underscores a need for workplace accountability and communication.

Specifically, McChrystal analysts have found that, compared with other industries, healthcare employees are 20% less likely to agree that accountability is upheld in their organizations. And separately, financial services middle managers are 15% less likely to say their organizations communicate clearly and regularly about objectives and best practices.

Although these statistics are interesting, they don’t apply to every workplace. So, what’s the key takeaway here?

Don’t use data just because it vaguely supports your situation. If you want to develop a stronger team, make sure your data is up-to-date and relevant to your industry, business, and team.

4. Use Data to Assess Soft Skills Objectively

It’s easy to use data when assessing hard skills and measurable results. For example, if a sales representative isn’t meeting quota, data can help you set objectives to resolve that particular shortcoming. If the employee lacks particular selling skills, data can help you pinpoint the issue and resolve it with appropriate training to improve their performance.

In contrast, soft skills are more difficult to assess. Fortunately, advances in data analysis are making it easier to assess an individual’s soft skills and determine how to improve when needed. This is especially important during the hiring process. But you can also use this kind of intelligence to encourage professional growth among existing employees.

For instance, People First Productivity Solutions recommends soft skill assessment rubrics. By entering data into these tools and analyzing the results, you can objectively determine if an employee’s soft skills are up-to-par at any point in time.

One word of warning about these assessments. You’ll want to be sure you don’t let bias and favoritism influence your analysis. The best way to do this is to measure soft skills against specific job requirements and performance. This will help you more reliably identify areas where an employee can focus to improve over time.

Final Notes

There are many viable ways you can use data to determine where and how to help your team members grow professionally and perform more successfully. From using feedback to set the stage, to creating OKRs and assessing soft skills, you’ll get better results by applying the most relevant, timely data and tools you can find.

Also, remember that a data-driven culture of growth starts at the top. If you’re a business or HR leader, you must set an example that demonstrates a desire to establish appropriate performance goals and a commitment to ongoing improvement. With this strategy, you can encourage (and even gently require) team members to dig deeper and pursue growth that will advance their career while simultaneously benefitting your organization.

Rethinking The Manager’s Role: Here’s How to Get Better Results

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Sponsored by The Culture Platform

At some point in the last 20 years, companies started to believe employee engagement should define a manager’s role. And looking back, this conclusion made some sense. After all, managers are the organizational layer between leaders and people on teams. So why not embrace this as a framework for managerial effectiveness?

How The Engagement Expectation Began

The shift to engagement as the center of a manager’s role coincided with the arrival of tech-savvy millennials and the promise of HR software to power the so-called engagement revolution. It sounded good in theory. But it has largely been a failure.

Frankly, there is no evidence that investing in “managing” employee engagement actually works. Instead, research consistently points in the opposite direction. So let’s dig deeper for answers.

Throughout most of the industrial economy, managers weren’t very good at managing people. In fact, job turnover surveys typically found the #1 reason employees quit was “my manager.”

No wonder organizations decided to invest in technology to help. But what has that accomplished?

If you add up the revenue of engagement software and HR tech firms over the past 20 years, you’ll see customers spent perhaps $25 billion on these tools. Even so, the level of U.S. employee engagement remained mostly unchanged throughout this timeframe. It has consistently hovered around 32%, according to Gallup. Abysmal.

Why do we need to change what's wrong with a manager's role? 20-year U.S. employee engagement trends from Gallup

Rethinking the Manager’s Role

I believe this idea of managing engagement was flawed from the beginning. Flawed because managers actually manage people and their expectations about success. If every employee could perform at a top 10% level, get promoted, and work from home, engaging them in their work would be a breeze. But that’s not reality.

Today, when people leave a job, they usually don’t say their boss is the primary driver. Instead, they point to a desire for professional growth or career advancement. With this in mind, I would say managers have the most important role in any organization. So this is why I believe it’s time to rethink the manager’s role.

What if organizations actually embraced what employees want? And what if they empowered managers to help their people plan for professional growth and advancement?

Currently, most organizations don’t think this way. They culturally believe career planning is an individual employee’s responsibility.

I vehemently disagree with this conventional thinking. It’s really just an artifact from an era when employees could comfortably expect to spend their entire career at one or two companies.

For most managers, empowering employee career-building will require new attitudes and actions. Changing cultural norms and setting clear expectations isn’t an easy or intuitive process. This means managers will need a new framework or model for managing people that is different from today’s engagement-centric approach.

A New View of the Manager’s Role

I propose a new concept built for the modern manager-employee relationship. 

I call it goals with purpose.

Goals with purpose align an employee’s current job role with future career aspirations. This alignment is the key to creating an emotional connection between an individual and the work they’re performing as part of the team.

For managers, this is no doubt much more challenging than seeking engagement through a simple pulse survey or weekly poll. Those engagement tools are easy to use and they appeal to the mass market by design. However, they don’t address what matters most to employees.

The Power of Goals With Purpose

What does it mean to set goals with purpose? Through the research I’ve conducted at The Culture Platform and the listening I did at Cisco with hundreds of companies, I’ve processed this input and determined what constitutes a goal with purpose.

At its highest level, this kind of goal is the way an individual contributor on a team clearly sees how today’s job role aligns with future-minded growth opportunities.

Specifically, a goal with purpose has five attributes:

1. It is tangible
It aligns a job role in a measurable way with goals that matter to the organization’s success. An individual contributor should be able to “hold” this goal in their “hands.”

2. It shapes personal growth
It reflects the strengths of the person in that role. Experienced leaders know a job role should never play to someone’s weaknesses.

3. It demonstrates a pathway
It aligns a current role with a future role. The future role may even be outside the organization or team.

4. It helps people navigate the organization
It clarifies the position an individual plays on the team. This helps dispel politics and endless positioning.

5. It empowers a reputation
It enables people to communicate with facts about their accomplishments. Ideally, it provides a “signature” project to build an individual contributor’s credibility.

Managerial Success: A Call to Action for Leaders

A manager’s role has never been more important to organizational success. It has also never been harder to be a manager, given the pandemic, work-from-home disruption, the current era of business “efficiency,” and the unrelenting pace of change.

If managers have an organization’s most important job, leaders need to realize an employee’s emotional connection to the company is earned. They also need to recognize it is worth the effort.

Tapping into an individual’s intrinsic motivations is the key to inspiring discretionary effort — that magical relationship between an employee, their manager, and their company. It’s the sweet spot where going above-and-beyond is the way things work.

During Cisco’s heyday, we called these magical moments the “Cisco Save.” In other words, when we needed to accomplish something important, a group of people would step up and do whatever it took to get the job done.

As leaders and managers, we can make work more magical for our people. But engagement doesn’t make someone want to do “whatever it takes.” We finally know that now, after 20 years of trying. It’s time to try a better way. We need to make goals with purpose every manager’s priority and make career empowerment the new managerial normal.

What do goals with purpose mean to you? How could this approach help your organization move in the right direction? I look forward to seeing your comments and ideas.

How to Help Employees Step Up to Lateral Moves

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When you think about your future within your organization, what do you envision? Do you anticipate moving up through the ranks into a managerial or executive position? Or if you’re a specialist, do you look forward to taking on successive roles with increased responsibility? What about lateral moves? Do they even cross your mind?

In my opinion, lateral moves get a bad rap. Naturally, when people consider how to advance their career within a company, they think first about promotions. Lateral moves tend to be discounted because they don’t signify a “step up.” But that’s an overly simplistic way to look at career paths.

Here’s the truth: Some people aren’t cut out to manage others. Some don’t dream of running a department or a business. This doesn’t mean they aren’t talented employees. Nor does it mean they should be stifled professionally.

On the contrary. The best way to support these employees is through opportunities to move across the organization, rather than encouraging them to take a step “up.” When strong employees move sideways, you can fill their vacated roles with other internal talent, recruit new hires or look into business process outsourcing services.

Why Lateral Moves Make Sense

There are multiple reasons to transform your corporate “ladder” into a “lattice” that supports lateral moves. For instance, with this approach you can expect to:

1. Invigorate Professional Development

When you recognize that talented employees aren’t suited for managerial roles, it’s important to find other ways to encourage continued growth. Carefully chosen lateral moves can further develop employee strengths, expand their skill sets, and help them contribute more fully to your organization’s goals.

2. Improve Workforce Engagement

One of the most critical reasons to support lateral moves is the fact that it boosts engagement. When people are encouraged to use their skills more fully, they feel more connected with their work. For example, imagine a promising member of the finance team shows interest in marketing.

A transfer to the marketing group can mean this employee will work harder and be happier. This is beneficial for the employee, personally and professionally. And improved productivity improves the company’s bottom line, as well.

3. Promote Cross-Functional Collaboration

Lateral moves can also improve communication between departments. Better communication can improve collaboration and remove cross-functional barriers that may have slowed innovation in the past. Plus, when employees share knowledge and expertise gained from other teams, that fresh perspective can help their new teams find better solutions to business challenges.

4. Increase Employee Retention

By enabling people to explore different roles through lateral moves, you create new reasons to keep top talent onboard. Ideally, all team members can find attractive opportunities in departments that align with their professional interests and goals. In the near-term, job satisfaction should increase. While over time, you can expect to see retention increase as costly turnover decreases.

2 Ways to Support Lateral Moves

Did you recently realize one of your team members would be happier or more effective working in a different department? There are a few ways you can prepare them for a smooth transition. For example:

1. Develop a Transition-Specific Training Plan

When employees first joined your company, a training plan probably answered their questions and helped them get accustomed to their role. Although a lateral mover is no longer new to the company, a team-specific training plan could help them step into their new responsibilities more quickly and easily.

A transitioning employee may feel intimidated by the possibility of working with a new team or other changes on the horizon. Partner with the other team’s leader to ensure a warm welcome. Share your insights about the employee with this leader, and encourage them to discuss the new team’s habits and cadence of work.

The sooner an individual understands the lay of the land in a new internal role, the sooner they can contribute and help move the team’s agenda forward. By developing strong training and actively taking a part in the move, you can help transitioning employees reach their potential as soon as possible.

2. Keep Your Door Open

You may have initially been surprised or hurt to hear that a team member would prefer to work in a different department. However, it’s best to support their lateral move. Often, an employee’s desire to transfer isn’t a negative reflection on their current manager’s performance. It may just mean they want to learn more about another part of the business or their career goals are leading them in a different direction.

So keep the door open. In the near term, this employee will need your support as well as the support of their new manager. Major career transitions often come with growing pains. Even if an employee has been with the company for several years, they may not understand much about their new role or the team dynamic. Reassuring this individual that you are available to answer any questions will ease their professional transition.

Final Thoughts

When helping employees with their careers, it’s important to assist those who are strong candidates for lateral moves, as well as those who are moving upward. This is a great opportunity to show employees you care about their professional development and trajectory, even if they aren’t aiming toward a traditional managerial position.

When conducting performance evaluations, think about which employees are well-positioned for this kind of transition. Talk with them about their interests and goals. And if they want to pursue a lateral move, follow these tips to support them.

Are You Ready to Lead Through Uncertainty?

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Sponsored by HiBob

As 2023 begins, the world of work is bracing for a rough ride. For more than a year, inflation has gripped the economy. Previously unstoppable tech companies are reeling from recent layoffs. And other industries are tightening their belts, as a recession now seems unavoidable. What will it take to lead through uncertainty?

Strategies that helped organizations thrive under different circumstances are no longer relevant. But during lean times, how can you preserve what’s valuable and unique about your organization? This question is top-of-mind for leaders everywhere. So let’s get advice from someone who understands the factors driving today’s business climate:

Meet Our Guest:  Ronni Zehavi

Today, I’m thrilled to welcome Ronni Zehavi, Co-Founder and CEO of modern HR platform provider, HiBob. After more than 25 years of experience in launching and leading successful technology companies, Ronni knows first-hand how to guide organizations through volatile, uncertain circumstances. Now he’s sharing his unique perspective and expertise to help others lead through uncertainty.

Managing Multiple Unknowns

Welcome, Ronni. Let’s dive right in. How can organizations navigate through uncertain times?

It’s a bit like driving a car. In 2021, driving fast may have been easier because the road was clear. But today it’s bumpy and cloudy. No one knows when it will end, so you need to slow down.

2023 is going to be challenging. First, read the map and then adjust your plan. How long is your runway? Do you have enough cash? Do you have enough funds to weather the coming storm?

Then look realistically at the environment. A slowdown will have an impact on your customers as well as your organization. Will you be able to generate the revenues you expect?

The Long Game

The economy will eventually bounce back. How can we prepare for that now?

It starts with your people. Invest in them. Make sure you can retain all of them. Or, if not all of them, focus on your most important people. Because you’ll want them to be with you when the tailwind comes.

And more than anything else, think positive. What goes down comes back up. So optimism is critical.

How to lead through uncertainty

JOIN US ON TWITTER!

What About Layoffs?

Is there a right way to reduce headcount? How can leaders avoid damaging their company culture?

Layoffs are only one option in a CEO’s toolbox when adjusting to a difficult environment. First, you may decide to slow down hiring. If a slow down isn’t enough, then you may need to freeze hiring or freeze salary increases, or both. And if needed, the next option could be salary cuts or layoffs. One or both.

But it is important to think about the people who stay as well as those who are laid off. Retention can be affected when those who remain are expected to do the job of two people or even more.

Communication and transparency are critical to preserve your culture.

Can Flexible Work Help?

Do you think economic changes will influence where we work? 

I don’t think so. I think hybrid work is here to stay. Flexibility was a nice-to-have perk a few years ago. But the pandemic proved that organizations can deal with it.

The ultimate combination is two or three days at the office or two or three days remote. It offers flexibility, but it keeps engagement and collaboration among people.

How to Support Hybrid Work

I like the idea of finding a balance between onsite and remote work. But how can leaders accomplish this? 

It’s a journey. It will take time until we get there as a standard. But flexibility is all about what we call internally, The Three T’s:  Trust. Transparency. Teamwork.

If your organization follows these values, it will help you create a flexible work culture.

 

For more insights from Ronni about how to lead through uncertainty, listen to this full podcast episode. And be sure to subscribe to the #WorkTrends Podcast on Apple Podcasts or Stitcher.

In addition, we invite you to join our live Twitter chat about this topic on Wednesday, January 25th at 1:30pmET/10:30amPT. Follow @TalentCulture for questions and be sure to add the #WorkTrends hashtag to your tweets, so others in the community can easily find your comments and interact with you!

Also, to continue this conversation on social media anytime, follow our #WorkTrends hashtag on Twitter, LinkedIn, and Instagram.

Why Build Your Own Freelance Talent Network?

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Sponsored by: Worksuite

The case for building a flexible talent network has never been more compelling. During the “Great Resignation” of 2021, 47 million U.S. employees voluntarily left their jobs. And in 2022, a wave of disengagement took hold among remaining workers, giving birth to the term “quiet quitting.” Now as 2023 begins, the global talent shortage continues to play havoc with hiring strategies.

Access to skilled people who can keep your business moving forward is no longer a sure thing. That’s why smart employers are investing in freelance talent options. But what’s the best way to find and manage a qualified pool of on-demand talent?

When building a contingent talent network, you may be tempted to source contractors from public marketplaces. This seems easy enough, but it can be a frustrating and time-consuming option. On the other hand, if you run an established business, you could grow your own talent pool by leveraging your brand presence, network connections and internal resources.

This do-it-yourself approach means you don’t need to rely on potentially low-quality, unknown talent from a third-party network. However, it does require some careful planning. So to help you achieve better results, here are our best tips for sourcing, hiring and retaining top freelance talent.

Why Avoid Public Talent Marketplaces?

Marketplaces like Fiverr and Upwork are often an easy and popular first stop for employers seeking on-demand talent. And they can be useful if you need support in a pinch. Whether you’re looking for developers, designers, writers, or photographers, these platforms let you choose from hundreds of eager freelancers — often at bargain prices. 

But with so many potential candidates for every opportunity, finding a freelancer who meets your specific requirements can take longer than you’d like. And these marketplaces tend to produce hit-or-miss results. Here’s why:

1. Barriers to Entry are Low

It’s possible to find some fantastic people on these platforms. But sourcing them can be time consuming for your managers and teams. That’s because it’s so easy for anyone to join these public marketplaces. No experience or qualifications are necessary. All it takes is an account and a profile that attracts clients.

Literally anyone can promote their freelance services on these sites, whether they’re capable and qualified, or not. You never know exactly what you’re getting until you actually work with a contractor.

2. Faking Performance Rankings is Easy

You might think it’s a safe bet to hire a freelancer with hundreds of glowing five-star customer reviews. But don’t be fooled. Social proof can be easily bought.

Positive reviews are essential to get found and hired from among the hundreds of other marketplace hopefuls. So naturally, freelancers want to look as good as possible, as fast as possible. But accumulating strong legitimate reviews for freelance services takes a lot of time and effort.

Artificially enhancing your marketplace ranking is illegal. Nevertheless, this has spawned an underground network of people who buy, sell, and exchange reviews so they can get ahead.

These false ranking services aren’t visible on public freelancer marketplaces. But a Google search quickly reveals plenty of opportunities to buy or swap reviews in places like these:

Some websites even blatantly offer to help freelancers falsify their marketplace rankings. Well-known options include ReviewXchange and Fiverr 5 Stars. 

Bottom line: When hiring from public freelance marketplaces, “buyer beware” is a smart strategy. But if you can achieve better results in other ways, why take unnecessary chances and spend limited time and resources on public marketplaces?

Are Any Public Talent Marketplaces Credible? 

If your only option is hiring from a third-party marketplace, we recommend considering a handful of “focused talent service platforms” (FTSPs). Freelancers accepted by these platforms have been rigorously screened to ensure they are qualified for positions they’re pursuing. This reduces your risk as a hiring organization and makes it easier for you to conduct a talent search with confidence.

Below are four viable FTSPs that offer fully vetted, high-quality talent:

  • MarketerHire — Provides access to qualified marketing specialists
  • IndieList — Offers carefully-screened freelancers, contractors, and consultants from Ireland 
  • BetterUp — Connects businesses with expert coaches
  • Springboard — Provides access to fully trained, vetted professionals in cybersecurity, software engineering, design, data science and tech sales

Harnessing the Power of a DIY Talent Network 

Generally, businesses recognize it’s cheaper and easier to retain existing customers rather than continuously hunting for new prospects. The same principle applies to talent acquisition. An internal talent pool offers multiple benefits:

1. Speed to Hire 

Sourcing new talent often requires substantial time from your team. But by tapping into an existing talent pool, the process can be as fast as running an advanced search in your freelancer management system database to find the best fit among available people.

A good platform can provide granular details about anyone in your talent pool. For example, you should quickly be able to find someone in your extended organization who has demonstrated the skills you need on another project. You may also see a note or ranking about this person’s contributions, so with only a few clicks you can determine the strength of the individual’s qualifications.

2. No Training Downtime 

Your existing talent is already familiar with your organization, its operations, and its work practices. This means you don’t need to spend extra time continually onboarding and training new people.

3. Leverage Talent Across Your Business 

By extending access to existing talent across your organization, you can improve cross-functional business performance and reduce overall hiring spend.

4. Grow Your Internal Talent Pool 

Freelancers don’t exist in a vacuum. They all are connected with other skilled people. You can expand your internal talent pool by tapping into these networks. It’s as easy as sending emails requesting referrals.

Experienced freelancers won’t refer you to people they don’t trust because they know it could damage their own reputation. But many will happily refer viable colleagues.

You may decide to incentivize referrals – or not. Either way, existing contractors can be a highly effective and efficient source of network growth.

For example, with an internal talent network platform like Worksuite, you can use the Marketplace module to post and share opportunities for upcoming work. You can also vet new candidates, assign work opportunities to individuals, and invite them to submit RFI-style proposals for upcoming projects. In addition, you can maximize your reach by sharing new opportunities with both internal and external sources.

Where to Look for Contingent Talent

Freelance marketplaces and job boards aren’t the only way to find great contingent talent. Consider these alternatives: 

  • Social Media — Outreach on platforms like Twitter and Facebook can attract candidates from members of your global brand community.
  • LinkedIn — You can search and contact freelancers directly or spread the word more broadly with posts on your LinkedIn company page or in specialized groups.
  • Referral Campaigns — Offering “finders fees” for referrals from employees and contractors can generate significant interest.
  • Alumni Talent Pools — Adding former employees and contractors to your database of on-demand resources is an easy way to maintain ties with qualified people.
  • Networking at Industry Events — Gathering profile data from participants at key professional conferences and other events can help you easily develop an extensive pipeline over time.

Developing Talent Network Trust and Loyalty

Sourcing is vital when building a high-quality freelance talent network. But that’s only the beginning. It’s also vital to keep people onboard and engaged with your organization.

Freelancers (especially in the Gen Z age bracket) know many opportunities are always available online. All it might take to land the next assignment is a single email or application. To keep potential candidates connected with your company, you’ll want to develop trusted relationships with valued contractors.

For example, these tactics are often effective:

  • Assign a steady, interesting flow of work opportunities
  • Communicate regularly and directly with active members
  • Gather ongoing feedback with periodic surveys 
  • Offer new assignments that expand on relevant skill sets
  • Provide loyalty incentives
  • Host annual awards to recognize excellent performers 
  • Increase pay rates to ensure top members are appropriately compensated

 

Worksuite: A Talent Network Solution

If you want to develop and manage your own talent pool, a specialized solution like Worksuite can make the process much easier. This platform includes essential features and metrics employers need to build and maintain a compliance administration and quickly identify top candidates whenever contractors are needed. Here’s how customers use Worksuite to support freelance talent strategies: 

1. Customize Onboarding Workflows

Worksuite partners with you to create an onboarding process that meets your exact needs. This includes capturing all the contracts, documents, tax information, and banking details needed before new freelancers are assigned to any project.

2. Add and Invite Freelancers to the Platform

Use sourcing and onboarding tools to reach out to prospective talent, and add qualified individuals to your detailed, searchable internal talent pool hub.

3. Ensure Contractor Compliance

Before assigning work to a freelancer, you must ensure they’ve received proper background checks and are compliant. This prevents costly legal problems down the road, especially when hiring global talent.

With Worksuite, background checks are managed through our partner, Checkr. This saves time for you as a hiring company while giving you peace of mind that every contractor you hire is legitimate. Worksuite also coordinates compliance administration. So, whether you’re working with 10 freelancers or 10,000, you know all NDAs, contracts and tax documents are in place to meet local and international regulatory requirements.

4. Publish a Searchable Talent Directory

Posting profiles of everyone in your talent pool gives your team a highly accessible overview of every contractor in your database. You can dive in deeper to see more details for any individual. Also, freelancers can access and edit their own profiles to be sure their information is always up to date.

5. Assign Groups, Tags and Rankings 

In addition to using the platform’s overview capabilities, you can easily organize freelancers in your dashboard. This gives HR and hiring managers full transparency into a member’s work history, background information, experience, skills, and abilities. 

You can also segment members into custom groups that make sense for your business, so you can easily search and select ideal candidates for any assignment at a granular level.

6. Rank, Rate, and Review Freelancers 

Talent rankings, ratings, reviews, and internal notes help your hiring team easily find any freelancer’s performance record at a glance. This helps you quickly decide who should be assigned to an opportunity (and who would not be an ideal candidate).

7. Track Key Metrics 

With Worksuite, you can set up metrics that reflect the quality and quality of deliverables your contractors produce. Here are some examples of metrics that help customers identify attractive candidates: 

  • Highest-rated members
  • Most engaged members
  • Talent active on multiple assignments (vs. only one assignment)
  • Percentage of assignments canceled prior to the start date 
  • Percentage of assignments rejected by members
  • Average number of assignments per member
  • Individuals who have not been assigned to any projects within the last 12 months 

8. Communicate Regularly With Network Members

You can manage all communication with network members directly from the Worksuite platform. Also, you can send personalized bulk messages using your organization’s filters. This helps freelancers stay engaged with your business, and keeps them up-to-date with your news and job opportunities.

9. Archive Talent Records

With Worksuite’s archive feature, you can remove access to the platform for freelancers who haven’t worked with you in more than 12 months. This helps keep your talent database current, so you know who’s still interested and available to work with your organization.

 

EDITOR’S NOTE:
To learn more about how Worksuite tools and services can help you start or grow a high-quality freelance talent network, contact Worksuite directly.

Are You Cultivating a “Culture-Add” Talent Strategy?

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In recent years, I’ve been encouraged by a groundswell of employers that are choosing to embrace “culture-add” people practices. In fact, several months ago, I wrote about it in a Sage Masterclass article.

Because this concept is central to the future of work, I’ve continued to ponder, read and discuss culture-add issues with others. Now I’m convinced this topic deserves much more than just one blog post. So let’s explore it further here. I hope this underscores the need for a shift to a culture-add recruitment and retention mindset. But more importantly, I hope it inspires constructive change.

What Does “Culture-Add” Mean?

The term “culture-add” speaks to a paradigm shift beyond traditional “culture-fit” talent strategies. On the surface, the culture-fit approach seems appealing. However, it ultimately leads to one-dimensional groups, teams, and organizations. And history tells us homogeneity can have dangerous consequences:  blind spots, groupthink, and poor decision-making.

In contrast, a “culture-add” approach actively seeks people with diverse perspectives that enhance teams and organizations. As we learn more about the significant benefits of a diverse workforce, culture-add hiring is emerging as an important way to strive for differences that make a positive impact.

As I noted in my previous article:

Most of us know that employees who align with a company’s values and fit into the culture generally have higher job satisfaction, improved job performance, and frankly, stick around longer. However, we are resting on our laurels if we use this as our rationale for continuing to use the culture-fit model.”

Embracing Organizational Change

We all know humans tend to resist change. In fact, the old adage, “If it ain’t broke, don’t fix it,” was suitable for a long time. It still holds some merit, so let’s not dismiss it completely. Tried-and-true processes can potentially save us from all kinds of turmoil — emotional, logistical, financial, and more.

However, if we want to innovate and grow, we must also be able to adapt. No doubt, changing an organization’s cultural fabric can be daunting. But it is necessary for long-term viability.

As Stephanie Burns says in a 2021 Forbes column, Why Evolving Your Business Right Now Is Critical:

Anyone who has wanted to cling to how things were will be in for a surprise this year, as COVID-19 entirely shifted the original paradigm. However, it’s also presented an opportunity for businesses and individuals to evolve into new ways of being.

COVID hasn’t just turned the world on its head, it’s accelerated trends that were already happening, such as the shift to remote work and the collective desire for more convenience…

Still, some founders don’t want much change. This could be due to fear of the unknown or fear that leaving their old business model, which had worked so well for so long, could be catastrophic. However, we’re reaching a critical impasse where businesses that don’t evolve may very well fade out of the picture. Evolution is a natural part of all of our lives, and our businesses are no exception.”

Leaders would be wise to heed this important advice, even if it seems overwhelming. It’s time to change. Our work cultures are constantly shifting. We, too, should remain prepared to embrace new ideas, processes, and people who can make us better.

Culture-add hiring can support this process by inviting more diverse minds and voices to the table as we dream up fresh ideas and orchestrate change. This reminds me of a related term — new blood. We need new blood to thrive.

Connecting Culture-Add and Diversity

This conversation leads us directly to the benefits of diversity. There’s an excellent article on the NeuroLeadership Institute blog, Your Brain at Work: Why Diverse Teams Outperform Homogeneous Teams. The entire piece is worth reading, but here’s a noteworthy excerpt:

Diverse teams are particularly good at exposing and correcting faulty thinking, generating fresh and novel ideas, and accounting for a wider array of variables in planning.

Part of the reason this happens is due to what scientists call cognitive elaboration — the process of sharing, challenging, and expanding our thinking. In essence, diverse teams compel each other to think more deeply about their reasoning and interrogate the facts more objectively.

They share counterfactuals as they go, they don’t take things for granted, and there is minimal ‘social loafing’ — or just accepting things at face value. In short, diverse teams tend to come to better conclusions because those conclusions have been road-tested more thoroughly.”

The science of diversity in teams is truly fascinating. It tells us that recruiting and hiring leaders can help by feeding teams with talented people who can accentuate the benefits of diversity.

Of course, diversity and inclusion don’t end with hiring. The next step is fostering a workplace that makes a wide variety of people feel valued. This is not an easy task. However, it is essential. So let’s look closer at what to consider…

Tips For Building a Culture-Add Mentality

1. Actively weave a sense of belonging into your workforce

As you build a more diverse organization through culture-add hiring, don’t be surprised if cliques and segmentation develop based on geographical, cultural, and other distinctions. That’s natural! But challenge your people to also learn and share what they have in common with others. Allow space for these common interests and goals to surface.

The Why Diverse Teams Outperform Homogeneous Teams article offers a compelling reason to make this a priority:

The benefits of diversity aren’t likely to accrue if we simply put together a team of diverse individuals and assign them a task. The environment in which they’re working should be inclusive — one in which all members feel valued and as if they have a voice.

In that inclusive environment, the benefits of diversity are far more likely to materialize. If not, employees will leave the organization, or worse, stay but not contribute. Diversity without inclusion only creates a revolving door of talent.”

Vigorously work on building a sense of belonging so people of different ages, backgrounds, and lifestyles feel celebrated for their differences. After all, you’ve brought them in to add to your culture, so allow them to shine.

2. Prepare to fully retrain your recruiting and hiring staff

This tip could stand alone as an article, white paper, or college thesis. But to be brief, let’s use an example to illustrate how deeply culture-add hiring upends the traditional approach:

Previously, when Bob hired someone at XYZ insurance company, he considered a candidate like Stan an excellent fit. That’s because Stan lived in a similar neighborhood, was married to a well-liked woman, and had kids who were high achievers. If Stan also golfed on the weekends and enjoyed a steak dinner, even better! He’d fit right into XYZ Insurance and would have a fulfilling career.

As mentioned previously, this model once made a lot of sense. Cultural similarities and a genuine “he’s one of us” mentality created a comfortable atmosphere where longevity was often the result. Unfortunately, homogeneous organizations were also the result.

Today’s businesses face new challenges that require a different approach. Your talent acquisition team can start by taking the initiative to reassess the criteria they use to find people (where, how). Then you can reframe the recruitment conversation from end to end.

Instead of looking for people to fit a standard outdated profile, allow questions and conversations to emphasize and embrace differences in candidates. What can they add versus how do they fit?

Begin by asking yourself and others in your organization to talk openly about how hiring is being handled, and what kind of outcomes this approach is creating — for better or worse.

If a culture-fit model still drives your talent decisions, don’t be ashamed to admit it. But if that’s the case, you’ll want to start making changes soon. Because I assure you, your competitors are already moving toward culture-add for the win.

Transforming Talent Decisions With Ethical AI

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Sponsored by Reejig

Countless HR tools, applications, and platforms now rely on artificial intelligence in some form. Users may not even notice that AI is operating in the background — but it can fundamentally change the way we work, think, and make talent decisions.

This raises several big questions. What should we really expect from AI? And is this kind of innovation moving us in the right direction?

For example, what role should AI play in skills-related talent acquisition and workforce mobility practices? With stellar talent in short supply these days, this topic has never been more important for employers to consider. So join me as I look closer at key issues surrounding ethical AI in HR tech on this #WorkTrends podcast episode.

Meet Our Guest:  Jonathan Reyes

Today, I’m excited to talk with Jonathan Reyes, a talent advisor and futurist who has been helping technology and banking industry companies navigate hypergrowth for nearly two decades. Now, as VP of North America for Reejig, he’s on a mission to build a world with zero wasted human potential.

Defining “Zero Waste” in Humans

Jonathan, I love the phrase “zero wasted potential.” What exactly does Reejig mean by this?

We envision a world where every person has access to meaningful work — no matter their background or circumstance. In this world, employers can tap into the right skills for the right roles, whenever needed. And at the same time, society can reap the benefits of access to diverse ideas through fair and equitable work opportunity.

The concept of sustainability is emerging in every industry. Now, sustainable human capital is becoming part of that conversation, and this is our way of expressing it.

So, with zero wasted potential, decisions aren’t based on a zero-sum game. When employers make human capital choices, individuals or society shouldn’t suffer. Instead, by focusing on talent mobility through upskilling and reskilling, we can create a new currency of work.

Workforce Intelligence Makes a Difference

Why do you feel workforce intelligence is essential for employers as they make talent decisions?

Organizations have so much human capital data. With all the workforce intelligence available, there’s no reason to hire and fire talent en masse — and then rehire many of the same individuals just months later.

Obviously, that’s an emotional and human experience for employees. But also, organizations are spending unnecessary money to find people and let them go, only to invest again in rehiring them.

Focusing instead on internal mobility is far more cost-effective.

Where Ethical AI Fits In

Many companies are unsure about AI in talent acquisition and management. What’s your take on this?

There are no universally accepted standards for ethical AI. This means vendors across industries can say technology is “ethical” based on self-assessment, without input from legal, ethical, or global experts.

But we’ve developed the world’s first independently audited, ethical talent AI. In fact, the World Economic Forum has recognized us for setting a benchmark in ethical AI.

The Impact on Internal Mobility

How do businesses benefit from shifting to a zero-wasted potential talent strategy? 

When companies manage internal mobility well, they extend employee tenure by 2x. And we know that people who stay and continue growing and developing are much more engaged.

This can create a significant downstream benefit. It’s one of the biggest reasons to invest in this kind of talent management capability.

 

For more great advice from Jonathan about why and how organizations are leveraging AI to make better talent decisions, listen to this full episode. Also, be sure to subscribe to the #WorkTrends Podcast on Apple Podcasts or Stitcher. And to continue this conversation on social media, follow our #WorkTrends hashtag on Twitter, LinkedIn, and Instagram.

Key Design Decisions for 360 Feedback Success

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Many managers and HR practitioners are familiar with 360 feedback as a leadership development practice. However, no two 360 feedback experiences look alike.

That is actually a good thing. Most successful 360 feedback drives behavior change both for individual leaders and their employers because the process is tailored to the organization’s unique culture as well as the intended purpose of the exercise.

On the other hand, this need for customization means practitioners face an overwhelming number of decisions when designing a new 360 feedback assessment. For example:

  • Who should participate?
  • How many survey questions should we include?
  • Who should receive the report?
  • What kind of follow-up support should we offer?
  • Who should choose the raters?
  • What role should HR play in the process?

Fortunately, some 360 feedback implementation practices have become ubiquitous. That means some guesswork, research and debate aren’t necessary. For example, below are five must-haves for strong engagement and outcomes.

Five Design Factors for 360 Feedback:

1) Which groups should participate in ratings?

Anyone who has observed a leader’s on-the-job behavior can provide useful rating input. This could include the leader who is being assessed, as well as a combination of direct supervisors, secondary managers, peers, direct reports, customers, board of directors representatives, donors and even skip reports.

In some situations, it is helpful to include other groups to meet specific requirements. For example, if a leader is actively involved with strategic partners or other third-party groups, their voices could add useful context. 

While there is flexibility to customize the participant mix, 360 feedback assessments typically include these four core rater groups as a baseline:  self, peers, direct reports, and direct managers. In fact, according to soon-to-be-released research from our firm, 88% of organizations include these four core groups.

2) Who will select and approve raters?

Among 360 feedback experts, there is some debate about the best way to choose raters. Should assessment recipients choose their participants? Those who favor this approach say it ensures a sense of ownership and buy-in. Others say a third party (a manager or HR representative) should choose raters. This ensures that feedback is well-balanced and avoids a “friends and family” bias.

Most 360 feedback process owners agree leaders should choose their own raters to build trust and establish assessment process buy-in. On the other hand, 70% of organizations tell us they review and approve final rater lists.

We agree that manager involvement is a wise practice, and a leader’s direct manager should approve the final list. Over the last 20 years, we’ve found that this is the most common approach. And according to our new benchmarking analysis, 48% of companies continue to use this method.

3) How will we score surveys and generate reports?

As with many HR processes, technology has also transformed 360 feedback implementation practices. Now, most HR practitioners rely heavily on online tools so they can collect, organize, analyze and share useful feedback faster and easier.

In 2009, spreadsheets and even paper surveys were still popular ways to collect and report 360 feedback data. Today, those methods are all but obsolete. In fact, 91% of organizations now use a web-based reporting tool to manage surveys and generate reports.

Many practitioners are also choosing to outsource this task to specialized service providers. In fact, our recent research shows that 80% of employers rely on an external vendor or consultant to handle this aspect of the process. 

4) How can we assure rater anonymity? 

To encourage honest responses, employers must ensure that feedback sources remain anonymous. Therefore, it’s not surprising that 81% of employers tell us rater anonymity is essential to the success of their 360 feedback endeavors.

A common way to ensure anonymity is by requiring a minimum number of survey responses for any group specified in the report. For example, peer scores are displayed separately only if at least 3 peers respond. If fewer peers respond, then that data is included only in overall average ratings.

Most often, organizations require a minimum of three raters in a category. In fact, 83% of companies use this three-rater threshold rule. Very few skip this requirement altogether (3% require no minimum responses). And on the other end of the spectrum, very few require more than three responses.

5) How will we help leaders translate the report into action?

For best results, talent management experts agree that personal follow-up is essential. To optimize ROI, employers should avoid the “desk drop” follow-up, where leaders receive a 360 feedback report, but no direct support to discuss results, implications, or next steps.

Follow-up can include any number of supportive actions, such as:  Adding development suggestions to the report, offering action planning guidance, providing individualized 1-on-1 coaching, assigning in-person or online workshops, referring leaders to specialized resource libraries, and more.

The most common step is also what talent management professionals feel is most critical for 360 assessment success:  Provide a one-on-one meeting with a trained 360 feedback coach who can facilitate action planning based on the results.

Historically, these sessions were conducted in person. However, in recent years, video meetings have become the dominant format. Also, reliance upon external coaches (rather than in-house staff) has become more popular.

Fortunately, 88% of organizations say they provide debrief sessions and one-on-one coaching, so feedback recipients can interpret insights and chart a relevant path forward.

Final Thoughts

Good leaders thrive on feedback. But for 360 feedback assessments to be effective, it’s important for leaders to understand the results and commit to improvement.

This means employers must take care to design and implement a valid, well-informed process from end to end. By addressing key design elements at the outset and by investing in ongoing leadership guidance, organizations can dramatically increase the likelihood of success.

 

EDITOR’S NOTE:
Want to learn more about the decisions talent managers make when designing and implementing 360 feedback assessments? Replay this recorded webinar, where the 3D Group unveils findings from its latest benchmarking study, Current Practices in 360 Feedback, 7th Edition. This analysis includes 20 years of data from more than 600 companies.

Internal Mobility Programs: The Key to Retention?

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In response to the Great Resignation, employers everywhere are reevaluating their talent strategies. As part of this process, they’re seeking cost-effective ways to retain employees who are craving growth opportunities in today’s uncertain economy. That is why internal mobility programs are gaining momentum.

This article looks at why internal mobility is a smart talent strategy. Through the experience of several HR professionals who have launched and led internal mobility programs, we focus on how to develop a successful initiative while avoiding mistakes along the way.

The Benefits of Internal Talent Mobility

Why prioritize mobility—especially during a recession, when budget and resources are often more limited? There are multiple reasons. For example, these programs can help you:

1) Demonstrate Commitment to Your Workforce

Ginny Clarke is the Founder and CEO of Ginny Clarke, LLC. She previously worked at Google as Director of Leadership Internal Mobility. Clarke says internal mobility programs are a highly effective way to show you care and are invested in developing your organization’s top talent.

“This directly correlates with the level of employee engagement and willingness to stay and perform well,” Clarke notes. “It is also a way to give people valuable tools they can take wherever they go.” As a result, this kind of effort can build your brand, even after employees leave the company.

2) Upskill With the Future in Mind

LaRae James, Director of Human Resources for the City of Pearland, Texas, says that as roles evolve, organizations must upskill employees so they’re prepared for future opportunities. This is particularly important in a strong labor market. As LaRae notes, “Finding good talent is a challenge, so retention is vital for a sustainable workforce.”

She adds, “Developing employees results in a higher-performing organization and builds bench strength for internal mobility and succession planning.” In other words, your organization can never be too prepared for economic uncertainty.

3) Support Your Retention Goals

Angela-Cheng-Cimini, Senior Vice President of Talent and Chief Human Resources Officer at Harvard Business Publishing (HBP), emphasizes that “Career mobility is no longer in a black box. It is based on known expectations.” This kind of clarity means employees and managers can more confidently identify growth opportunities and work together toward the future.

City of Pearland’s James agrees. She says many organizations are creative about how they attract candidates, yet they don’t put the same kind of effort into retaining existing employees. This is why she recommends considering what the employee experience would look like if your organization approached its overall people strategy more creatively.

Building an Internal Mobility Program

To develop a recession-proof talent strategy, James says it is important to understand what motivates people to stay on board. Direct feedback tools help.

For example, her organization recently learned that when employees want to advance their careers, they tend to think of leaving, rather than exploring internal mobility options. The team used this insight to implement a series of events that help employees learn about various roles across the organization. They also provided career development and interview preparation courses.

Other organizations also use employee feedback to inform mobility program development. For example, HBP recently launched a robust career pathing framework. This is a response to exit interviews that revealed a lack of career advancement was the most common reason employees sought outside opportunities. HPB’s frameworks are designed to establish universal criteria for movement across the organization. “The system is grounded in core, leadership, and technical competencies,” Cheng-Cimini says.

Today, HPB offers more than 20 ladders. This provides full visibility into the skills employees need for success. It also lets them design their own paths based on their interests and strengths. As a result, “employees can now see beyond the role they currently occupy. Also, with their manager, they can plan for the experiences and skills they want to build.”

But what if your organization is just starting to build a program? Clarke thinks it’s wise to start small, even with only one business unit or with your most senior employees. She recommends focusing first on helping participants assess their capabilities and competencies. Then help them build a narrative that transcends past roles and responsibilities. She suggests that some of these steps can be scaled through online instruction, rather than relying solely on one-on-one coaching.

Internal Mobility Mistakes to Avoid

What missteps should you avoid when building and managing an internal mobility program?

1) Don’t give employees false hope

When sharing open roles, it is important not to misrepresent these opportunities. Clarke cautions, “There are no guarantees participants will get roles they are considered for.” Be intentional and transparent in how you market the program. For example, be sure to make employees aware that external candidates are also likely to be considered for opportunities. This context can help soften the disappointment employees feel if they are bypassed for desired assignments.

2) Avoid playing favorites

Internal mobility shouldn’t be a popularity contest. Clarke says it’s particularly important not to favor any particular type of person. Instead, she recommends a three-point strategy:

  • Take time to review those identified as ‘top talent’ to ensure broad representation.
  • Triangulate these recommendations with performance reviews, 360-degree feedback, and other endorsements.
  • Incentivize leaders to perform thoughtful talent reviews so you can identify top talent continuously and confidently.

3) Let go of seriously weak links

Don’t keep talent for the sake of ease. Clarke advises employers to proactively question the rationale for retaining some people. “If they are toxic or otherwise don’t represent company values, don’t fall into the trap of wanting to retain their intellectual capital, domain expertise, or a brand name at the expense of poor morale with the rest of their team.”

4) Don’t bite off more than you can chew

On a final note, you may be tempted to overthink this challenge. Although it makes sense to tailor mobility to your organization’s talent strategy, infrastructure, and employee needs, getting started is key. If necessary, focus first on small, achievable steps. Then build on those early wins.

8 Learning and Talent Development Topics for Better Employee Retention

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impact awardInvestment in learning and talent development is an essential ingredient of every company’s engagement and retention plans. What is one crucial topic to include in employee L&D that will lead to better employee engagement and retention?

To help you create an effective L&D program, we asked L&D professionals and business leaders this question for their best insights. From including interviewer training to developing individual talents, there are several essential topics that may help you deliver a robust employee L&D for better engagement and retention.

Here are 8 must-have topics for better employee retention:

  1. Interviewer Training
  2. Communication and its Impact on Business
  3. Feedback Delivery
  4. Celebrating Achievement
  5. Leadership Development
  6. Build Emotional Intelligence Skills
  7. Goal Setting and Performance Feedback
  8. Develop Individual Talents

Interviewer Training

A must-have learning opportunity for all employees is interviewer training. By focusing on a task and responsibility that most employees engage in throughout their careers, you simultaneously give your employees the skills to contribute to building a more successful company with the right talent. Additionally, you give them skills to carry with them wherever they go next. Interviewer training empowers everyone to become a brand ambassador. It also encourages a truly inclusive and diverse workplace and gives all employees a chance to be better.

Ubaldo Ciminieri, Co-Founder and CMO of interviewIA

Communication and its Impact on Business

Studies show that collaboration drives workplace performance. Learning the value of communication and how it impacts the business should be a priority for all employees to understand. Beginning with the “why” communication is crucial to show how it can affect and change the culture by building trust across the leadership team and staff.

In creating a high-performing, high-functioning organization, there needs to be collaboration on all levels. This means we need to communicate and over-communicate. Things change when people you work with understand what you are trying to do, the why, and how it affects them. The outcome is a high-performing team where work gets done with highly engaged staff, and the company exceeds expectations on all levels.

Denise Moxam, VP of HR and Engagement at Production Solutions

Feedback Delivery

There are countless learning topics that can positively impact employee engagement and retention. One of the areas that I believe to be crucial is feedback. To be able to skillfully provide regular, accurate, and timely feedback can improve performance, increase trust, and build relationships. All of which have a direct impact on both retention and engagement. Of course, the results are dependent upon individuals’ competency in this area. While some people may have the inherent ability to deliver feedback the right way, at the right time most of us need training and practice.

Greg Forte, Senior Director of L&D at Precision Medicine Group

Celebrating Achievement

Celebrating is a powerful skill that all leaders need to have in their toolkits to confidently & effectively lead now. When you celebrate a teammate, you are demonstrating that you see them, care about them, and value their contributions and how they show up in the world.

Celebrating is a skill, and it needs to be included in your L&D strategy. When you have leaders who properly and consistently celebrate their employees, you will see motivation, trust, connection, belonging, engagement, and retention skyrocket! Throw that confetti, leaders!

Leah Roe, Leadership Coach & Founder of The Perk

Leadership Development

While it’s not typically part of the category of employee learning, building a healthy leadership practice at all levels of the organization may be the strongest driver of employee retention and engagement. Employees need the opportunity to grow and thrive in their careers. This will rarely happen without leaders who recognize and encourage their development.

We know that most learning happens on the job and in conversation with others who already know the job. A learning function that equips front-line, mid-level, and senior leaders with the mindset, skill set, and tool set to effectively grow their employees will have an exponential impact on employee engagement and retention (not to mention business results).

Leaders who simply see employees as a means to the end of profitability, customer service, or meeting their operational metrics miss the key ingredient to meeting these business goals. They will see their employees walk away to another opportunity where they can grow.

Dave Adcox, Director, Learning & Organizational Development at Whitley Penn

Build Emotional Intelligence

By building emotional intelligence skills in our leaders and our teams, we support their ability to create an environment where employees are engaged and want to stay. Through our learning and development efforts, we can help our employees understand and manage their emotions, navigate relationships, and build trust. Additionally, we can help them show empathy, reduce stress, communicate better, and inspire others. In doing so, we create a place where our employees thrive and our business grows.

Mary Tettenhorst, Sr. Vice President, L&D of General Electric Credit Union

Goal Setting and Performance Feedback

Since studies show engagement often hinges on an employee’s first 90 days, providing new hires a supportive onboarding experience that includes context on company objectives, culture, and communication standards is critical. Supplementing this with assistance on goal setting will help level-set expectations and facilitate a growth path for the employee.

Always, make sure that your managers are equipped with the knowledge to articulate performance expectations, deliver feedback and coaching, and provide development opportunities for the employee along the way.

Glenn Smith, L&D Manager at Nextbite

Develop Individual Talents

The single most important L&D topic has to be how to effectively develop your people. Unlike a capital investment that has a fixed ROI, investing in human capital has almost unlimited ROI. Not only are you increasing the capacity and competence of your team to create value, development telegraphs that you believe in your people enough to invest in them. When people feel like valuable members of a winning team, they will provide higher levels of engagement and discretionary effort. Development creates a virtuous cycle that benefits both the organization and its people.

Thane Bellomo, Director of Talent Management and Organizational Development of MI Windows and Doors

Understanding the Great Resignation to Define the Future of Work

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The Great Resignation. The Big Quit. The Lie-Flat economy. The Great Reshuffle. The Great Rift. Whatever you want to call it, the way human beings engage with the workplace has changed – permanently. The beginning of the COVID-19 Pandemic inadvertently set workplace change in motion in unimaginable ways and at an unfathomable pace. 

As the COVID-19 Pandemic continued to wreak havoc on life as we knew it, in a May 2021 Bloomberg interview, Anthony Klotz, a Professor at Texas A&M University, coined the phrase the Great Resignation. He used the phrase to describe what he believed to be an inevitable workforce “re-think” about how and why we work. Professor Klotz may have inadvertently set in motion the “pandemic” within the pandemic. Or as Arran Stewart, co-founder of Job.com, noted in a recent article, “the largest shift of human capital in our lifetime.”  

The Turnover Tidal Wave

Hundreds of articles followed that describe the different perspectives and even introduced unique names for a tidal wave of turnover, quits, resignations, and retirements throughout 2021. The articles cite reasons that range from a basic desire to establish a more manageable work/life balance to seeking out a more flexible/hybrid workday structure that can support remote work.  Whatever the reason, they all circle back to a fundamental shift, largely ignored, that has occurred in our mental models related to work. Sometimes, we get stuck.

What Do We Do Now?  

The pre-pandemic workplace was generally filled with employees who physically attended work on a regular basis. Employees completed a daily commute, interacted with colleagues, attended meetings in a conference room, stuck their heads around a cubicle corner to ask a question – all generally face to face. That was, generally, how work got done. The COVID-19 Global Pandemic brought that routine to a grinding halt.  

All of a sudden, workplaces around the globe were forced to very quickly pivot away from the face-to-face workplace to a completely virtual environment. Enter the “virtual” meeting.  Whether it was Zoom, Teams, Google Meet, Skype, or another software platform, the virtual meeting was the game changer. Suddenly, employees began to recognize that while fundamentally different, the work was still getting done.  

For some, the work was not only getting done but sometimes the work was getting done faster and maybe even better and more efficiently. For others, the work was getting done but came at an exhausting cost. The challenge of perceived 24/7 availability coupled with virtual school and limited childcare was too much. The boundary between the workday and personal time became blurred. The blurry line is not sustainable and does not seem to be going away. A breach that influences our mental model drastically changed our worldview—and directly impacted the human perspective.  

Redefine the Mental Model

The global pandemic impacted individuals, families, employees, and human beings in general … in very different ways. People are emerging from the last two years with the need to redefine the mental model; redefine the collective response of millions of unique individuals to a series of unforeseen events that changed our fundamental behaviors, perceptions, and attitudes toward the workplace forever. This response is the driving force for the change in our mental model. The Great Resignation is the result.  

There are thousands of articles, blog posts, and even new books that discuss the Great Resignation. Many of them provide anecdotal evidence that offers explicit support for the type of shift referred to and the corresponding result. From the individual in the corporate wellness industry who recognized an opportunity to begin her own consulting firm, to the federal government employee who decided to bake cheesecake for a living, to the denim executive who decided her voice was more important than a large paycheck, to the parent who decided the sacrifice of family was not worth the commute, to the twenty-something RN who will now be a travel nurse for a few years to pay off student loan debt—the examples of purposeful change to perspectives, attitudes, and behaviors are long and getting longer.  

The common theme is a need for the development of organizational acceptance that is meaningful, creative, current, and proactive.  

How Should Organizations Meet the Charge?  

  • Flexibility is key. Embrace hybrid models to meet the dynamic needs of the evolving workforce. It is time to eliminate the outdated office model.  Promote the evolving workday and move forward. 
  • Integrate meaningful strategy. Consider it as a building block for developing a dynamic and sustainable culture. Reward independence, highlight the risk-taker, ask inconvenient questions, and promote the self-starter mentality.
  • Innovate through creativity. Implement time and space within the workday for creative work on ideas or projects that go beyond the scope of the normal daily work tasks. Organizations like Google and Atlassian embrace innovation by encouraging employees to spend time thinking creatively.
  • Burnout is real. Encourage workplace policy makers to define preemptive mechanisms that include proactive identification of transitional objects to provide support.  These tangible and/or intangible objects can be as simple as random accolades from leadership or as complex as the integration of a new organization-wide wellness program.  
  • We hear you.  There is a loud and resounding message in the Great Resignation: Employees want things different. Openly acknowledge the sentiment and develop measurable action items.  

Conclusion

The bottom line is that we have changed. People have changed. The workplace has changed. The United States has changed. The world has changed. Everything has changed. The Great Resignation is much more than an economic trend.  It is a movement; a movement that has made many of us feel stuck—and has permanently shifted our workplace mental model.  

How to Decentralize Corporate Charity and Boost Your Benefits Package

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Benefits are one of the key pillars of good employee retention. According to data compiled by LinkedIn in 2020, “better compensation and benefits” was one of the top three reasons that both Millennials and Gen Xers left their jobs.

This means you can’t just put together a run-of-the-mill benefits package and expect it to be a talent retention tool. On the contrary, sub-par or even adequate benefits are going to be a turn-off in a market where quality talent is at a premium.

This focus on good benefits has made reviewing and expanding your benefits package beyond the basics an essential strategy moving forward.

The Need to Review Your Benefits Package

If you’ve left your benefits package on autopilot in recent years, it’s time to give it a once-over. What’s more, employers can’t just select basic items anymore.

According to the Bureau of Labor Statistics, as recently as March of 2021, the majority of workers with access to employer-sponsored benefits had many of the basics already available. BLS reported that staples such as paid sick leave, unpaid family leave, and paid vacations were par for the course for most benefits packages.

For employers, this means offering competitive health care benefits, matching 401(k) contributions, and providing generous PTO isn’t enough anymore. 

While these are good starting points, it has become essential for employers to put additional effort into crafting their benefits packages. They need to go beyond the generic and tailor the combination to the needs of their workers. 

For instance, HBR reports that the most desirable employee benefits go well beyond retirement accounts and health insurance. Two decades into the 21st century, employees are also looking for things like work-life balance, flexible work hours, and work-from-home options. Often these perks will give a job the edge over higher-paying jobs with less attractive benefits packages.

Of course, post-pandemic, many work-from-home benefits have also become normalized. This means employers need to look even farther if they’re going to find benefits that truly help them stand apart. 

One way to do that which can resonate with the politically active, socially aware younger generation of workers is to include a way to give targeted donations.

Business institutions often include philanthropy as part of their operations. In most cases, though, they do this through clunky corporate foundations that are rife with inefficiencies. Focussing on philanthropy can improve employee experience and retention.

Should You Consider Philanthropy-as-a-Service?

Giving platform Groundswell defines the PhaaS or “philanthropy-as-a-service” model as charitable giving that “experiences near-constant innovation as a purpose-built, third-party software company researches, designs, builds, and launches new tools to corporate, individual, and nonprofit customers.”

In other words, PhaaS does for philanthropy what SaaS does for technology. 

To use the latter as an example, SaaS companies have streamlined the complexities of creating tech solutions in-house. While IT departments are still needed, nowadays, they typically manage a growing tech stack of third-party SaaS tools that make their jobs much easier. 

Off-site entities manage, update, and perfect these tools. They are then offered to end-users at a transparent cost that eliminates the need for excessive hands-on tampering.

In the same way, PhaaS can take the extremely complex business of corporate philanthropy and streamline it off-site. This takes the legal, technological, and logistical responsibilities off of the shoulders of corporate foundations.

PhaaS platforms also have the power of allowing businesses to distribute the responsibility of choosing where charitable funds should go. Businesses using a PhaaS tool can let individual employees donate to the targeted charities that they choose. 

Often all that’s required from an employee is to download an app, log in, and make a few selections.  Before they know it, their charitable preferences are official. This offers many different benefits, including:

  • Removing the overhead cost of running a foundation
  • Funneling more funds toward charities in an efficient, data-driven manner
  • Decentralizing the donation process and empowering employees to have a hand in choosing what organizations their company supports
  • Enabling individuals to support charities in perpetuity

This spreading out of the wealth and decision-making power, in effect, turns corporate philanthropy into an employee-driven benefit.

Spicing Up Your Benefits Package With Targeted Giving

Benefits packages are a key element of any retention strategy. Along with compensation, a good set of benefits can send a message that you care about the well-being of your employees. 

At the same time, a careless, sub-par, or outdated package can become a liability. It can make it much easier for competitors to lure employees away with the promise of a more compassionate set of benefits that will meet their needs.

If you haven’t reviewed your benefits package in a while, it’s time to do so. Don’t wait. Start by making sure that basic building blocks like PTO and a 401(k) are available and up to date. Also, address more modern considerations, such as work-from-home and flexible work options.

From there, consider adding something like targeted giving as a CSR-inspired perk. Invite your employees in on your brand’s philanthropic efforts. This can have the effect of cultivating happier workers who feel invested in their employer and proud of the charitable work that their workplace supports.

Work Sucks, But It’s Our Fault

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Burnout and dissatisfaction at work are nothing new. In fact, a recent Gallup study found that more than one-half of American workers feel disengaged at their jobs. Too often we look at work as a necessary evil. We have to do it to pay the bills, but it’s not really something we’re passionate about. 

Meanwhile, business owners and leaders are left scratching their heads wondering why their employees are unhappy and unengaged. The business suffers as a result. So what’s the solution? How can businesses create a culture that engages and motivates employees where productivity and creativity actually thrive?

Our Guest: Dr. Tiffany Slater

On our latest #WorkTrends podcast, I spoke with Dr. Tiffany Slater, CEO and Senior Human Resources Consultant for HR TailorMade. Dr. Slater believes that the people you work with are the single most important element to building a thriving future for your business. Happy people make the world a better place.

What does it mean that people suck and why should we blame ourselves? Dr. Slater explains:

I know that sounds crazy as an HR person for me to say that but you have to say the whole thing together.  People suck and it’s our fault. As leaders, it is our responsibility to make sure that our team has everything that they need to be successful. And when they’re not successful the first thing we have to do is look at ourselves and ask if we did all that we could to make sure that they were successful. So that’s why people suck because a lot of times we don’t do our part.

Employee Performance

There are so many factors that play into a person’s ability to perform at their best. So how can business owners or leaders identify those factors and ensure that people are performing at the highest levels? Dr. Slater:

Make sure the work environment is conducive to being successful as a team member. I think the most important thing is that we create an environment that people actually love. The days are gone when people are just happy to come to work for a paycheck. People want to like what they do and where they do it.

Dr. Slater adds:

Make sure that people understand what value they add to the organization. Making it very clear what an individual’s role is in the overall success of the organization motivates people to want to work at their highest level.

Hiring People Who Don’t Suck and Firing People Who do

Hiring the right people can be challenging, time-consuming, and expensive. Equally as challenging is knowing when to fire someone vs investing the time to discover ways to help them perform at a higher level. So how do we hire people who don’t suck? Dr. Slater:

We hire people that don’t suck by making sure that we ask the right questions up front, and making sure that upon their onboarding we have a plan already designed to support their success.

And when do we fire people who do? Dr. Slater adds:

We shouldn’t just fire people that suck. So obviously there will be times when it’s necessary but that should not be our first response. We should always look to discover what we can do to help that individual to perform at a higher level. And if we’ve done that once or twice then we should start considering if it’s the right fit and if they truly just suck.

Joy in the Workplace

Bringing joy into the workplace leads to better business results and higher employee performance. Dr. Slater explains.

If you will create a joyful work experience for your team they want to stay. They want to work in your organization. Additionally, they want to help the organization to be successful because they understand that the organization’s success is also their success. So creating joyful work experiences is truly the key to a successful business. And I would be willing to bet that it is the key to making the world a better place because happy people make the world a better place.

I hope you found this recent episode of #WorkTrends informative and inspiring. To learn more about Dr. Tiffany Slater and HR TailorMade, please visit https://www.hrtailormade.com/.

Subscribe to the #WorkTrends podcast on Apple Podcasts or Stitcher. Be sure to follow our #WorkTrends hashtag on LinkedIn and Facebook, too, for more great conversations!

5 Effective Talent Management Strategies

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A talent management strategy is a blueprint for optimizing and broadening employee performance within a company. It allows a company to map out a plan to improve and revamp the organization’s most valuable asset – its people. The goal is to boost the company’s talent pool efficiency and retain and attract talented employees.

However, the concept of talent management is constantly evolving as time and technology change the nature of work itself, making it challenging to build and sustain a strong talent pipeline. Consequently, it has created the need for a new paradigm associated with talent management.

Businesses must adapt to changing demographics and work preferences, establish new capabilities, and rejuvenate their organizations. All this while simultaneously investing in new technology, globalizing their operations, and competing with new rivals.

Now more than ever, companies should use talent management strategies to achieve their goals and remain competitive in today’s fast-paced business environment. With this post as your road map, you can establish an integrated approach to managing all areas of your organization’s recruitment and development processes.

Below are 5 effective talent management strategies you should try.

1. Set Clear Objectives

As a manager, it’s your job to ensure that the company’s goals and objectives are in sync with the goals of your workforce. First, employees must understand their responsibilities and the company’s expectations. Then, through efficient communication and teamwork, they can focus on the company’s primary objectives.

With defined goals in mind, your team will become more involved in their work, commit to meeting milestones, and achieve higher performance. Furthermore, it increases the efficiency and effectiveness with which your company can carry out business strategies and deliver outcomes significantly.

For instance, when hiring new talent, you should set clear expectations by drawing out a detailed job description that includes the abilities and tasks required to fill that position. In addition, you should also keep in touch with new hires regularly to establish what is expected of them.

2. Offer Training Opportunities

Quality training programs should be a priority for companies to provide employees with opportunities for career advancement. If you haven’t incorporated training into your talent management strategy, you might want to think about developing a training program tailored to your employees’ unique line of work. Investing in your staff’s professional growth can be accomplished in one of two ways: by sponsoring them to participate in an outside training program or organizing an internal training program.

Most companies have shifted to online training programs, allowing employees to learn at their own speed and time. They produce and distribute interactive learning content using training tools.  Notable training tools could include micro-learning platforms, video training software, learning management systems (LMS), etc.

The other approach involves developing a training curriculum specifically for use inside the company. You can accomplish this by providing mentorship programs with access to resources and training sessions. Coaching your employees will ultimately help them learn more, improving their overall performance.

3. Conduct Performance Evaluations

As a manager, you must evaluate your team’s performance. Reviewing your employee’s performance allows you to offer constructive criticism. If an employee has been doing their job duties to a high standard, you should seize the chance to acknowledge and reward them.

Many companies have switched from annual performance assessments to conducting them more frequently as a part of their talent management strategies. They use key performance indicators (KPIs) to evaluate past and current performances and readjust to meet their goals. Monitoring (KPIs) also enables you to gain insights into prospective knowledge gaps, identify current shortcomings, and fix them. This will help you acquire executive support and the opportunity to modify the process when necessary.

For example, if your company aims to improve its search engine performance, you need to track and measure your SEO campaigns’ return on investment (ROI). If the efforts do not bear any fruit, you should resort to other tactics to drive the desired outcomes. Alternatively, you can hire an SEO company that will improve your online visibility and traffic and boost your website’s bottom-line metrics, like leads, sales, and revenue.

4. Focus on Employee Experience

A company’s talent management strategy should include a holistic employee experience with ample growth opportunities. Therefore, it’s essential to figure out how your employees can best contribute to the company’s long-term goals and overcome specific challenges. However, this may vary depending on the company’s work culture, working hours, and employee benefits. 

If such situations arise, you’ll have to determine if you need to hire more people or if you need to implement a new benefits scheme for your current employees. It will also require you to establish a strong corporate culture that encourages your employees and fosters a sense of community. Doing so will provide them with a workable framework in which they can grow and develop.

5. Adopt a Flexible Attitude

Workplaces nowadays are unpredictable due to rapid technological advancements, global market changes, and political shifts. Therefore, if your organization undergoes a significant change of one kind or another, it’s more important that you are flexible and responsive to sudden change.

You can effectively deal with unanticipated challenges or tasks by adjusting to change quickly and calmly. To sum up, a manager adapting to change means to: 

  • Adapt to the face of ever-changing external challenges for your company.
  • Adjust your management style in response to changing circumstances.
  • Accept changes as positive.
  • Revise strategies as necessary.
  • Take into account other people’s concerns during a transition phase.

Flexibility has become an increasingly valuable skill in today’s highly competitive setting, where unpredictability and change are often constant. However, flexibility isn’t just about reacting to situations when they arise. It also requires significant adjustments to how you think, conduct your work, and act.

Conclusion

Companies must develop strategic talent management strategies to help them retain their best employers for longer. This requires setting clear objectives,  offering training opportunities, conducting performance evaluations, focusing on employee experience, and adopting a flexible attitude. Using these talent management strategies effectively will keep your employees happy and motivated.

 

Meeting the Needs of a Changing Workforce

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Graduation season is here, and many recent or soon-to-be graduates are about to enter the workforce. In fact, it is estimated that companies plan to hire 26 percent more new graduates from the class of 2022 compared to the year before. Meeting the needs of this new workforce is key to successful talent acquisition and retention. 

The world is different than it was three graduation seasons ago. Businesses have needed to adjust the way they approach the hiring process to build strong teams. For these organizations to attract and retain the top talent within the job market, a different mindset and approach are required.

The future of work is now, and it is reliant upon driving change through technology, different ways of working, fresh perspectives, and diverse voices.

The Demand for Flexibility

Flexibility is an unwavering demand of the new generation of workers. In a world that relishes instant communication and expects full transparency, job candidates are more aware of the vast number of organizations that meet their employees where they are. So what does this mean for companies that are looking to hire and retain candidates who are overwhelmed with options? It means that flexibility is a must – not a “nice to have.”

Flexibility means allowing employees to build a schedule that best fits their needs. Many organizations are adapting accordingly as they recognize this level of flexibility is something they must offer their current and future employees. In fact, 81 percent of executives are changing their workplace policies to offer greater flexibility. This is a standard expectation of our new normal. A failure to keep up with these demands means limiting your talent pool and losing even the most loyal of employees.

Flexibility also means empowering employees to choose where they work. Organizations that promote a “work from anywhere” mindset prove that they truly foster an environment of flexibility and a consistent employee experience regardless of where one is seated. Companies have quickly acknowledged that the “work from anywhere” mindset vastly widens their potential candidate pool. These organizations can focus on recruiting candidates with different skillsets or backgrounds that can positively impact the business.

The companies that will win in the top talent competition are those that realize it is not where one works, but rather it is the breadth and quality of the work produced that is critical in allowing their organization to scale to the next level.

Defining Your Purpose and Aligning With Candidates

As Gen Z gains more stake in the workforce, purpose-driven practices will continue to take hold at the forefront and become the foundation of business. This shift has been bubbling under the surface for a few years, but now it sits firmly at the core of candidate requirements.

Organizations that choose to look intrinsically and identify the true purpose behind their work will find that like-minded talent turns their way. Purpose comes in many forms and can be realized in a variety of ways. There is no doubt that the new generation of candidates will not work for a company that does not have a defined and pursued purpose in place. The questions that all organizations must ask themselves are: What is the purpose of what you do? Who will you positively impact? How can you build a workplace that drives this purpose every single day?

The Impact of Technology

The Insurance industry exists largely to serve and support individuals, families, and organizations across the globe in times of need. This institution is comprised of companies that face challenges of how to bring a fresh and modern approach to help drive their purposes. Due to the length of its establishment, it would not come as a surprise if many candidates, particularly new graduates, saw the insurance industry as old school and have not considered it for their future careers. However, the reality is that there is a multitude of career advancement opportunities as technology such as software-as-a-solution, artificial intelligence, and machine learning continue to mature and become a staple within the industry. Insurance is a perfect fit for the new generation of workers who are inherently creative problem-solvers and who also wish to deepen their technology skillsets.

The companies that truly live out their defined purpose and offer the skills and training programs that employees desire will be the ones that gain the talent pool’s attention and thus deliver the innovative solutions that will be disruptive within their industry.

Cultivating Diverse Talent is the Path Forward

The changing workforce is shedding a bright light on the notable differences in how the varying generations approach their line of work. However, one similarity all generations in the workforce share is that employees only feel satisfied within their careers when they are comfortable enough to show up as their true selves and follow and express their passions and beliefs. Organizations that allow individuals and groups to be heard and empowered will win the competition for great talent. Without a doubt, upholding diversity, equity, and inclusion (DE&I) practices are at the forefront of these efforts.

Companies that promote their DE&I efforts create a culture where employees feel respected, connected, and proud. These organizations that choose to take a stance are more favorable to the new generation of candidates, many of whom will not work for companies that do not have DE&I programs in place. For organizations with customer-facing roles, an increased level of pride from employees leads to an increased level of engagement. Therefore, allowing them to better serve their customers and build stronger relationships with critical stakeholders.

Diversity Fosters Innovation

Organizations with diverse leaders and employees innovate at a faster rate. Diverse thinking and perspectives fuel creative ideas. It also fuels development cycles for new solutions, allowing companies to gain and sustain a competitive advantage by getting to market faster and focusing on the long-term value for their customers. This will in turn drive better business outcomes. 

Recently, our organization held a Diversity Summit to reflect on and discuss the future goals of DE&I in the workplace. It was a transformational three days, and the Summit is the type of event every organization should host more of. The group’s time together was filled with impactful moments that were educational, inspiring, and motivating to our employees. Both on a professional and personal level. 

DE&I initiatives should be incorporated into every part of the business and is not merely a three-day event. Leaders need to make a conscious effort to inspire employees and drive company culture by “walking the walk.” Candidates are not impressed by companies with executive-level and corporate “buy-in”. They are drawn to companies with true executive-level and corporate “believe-in”. An organization’s DE&I stance must stem top-down, and it cannot just be a focus within the HR part of the organization, or it will fall flat.

Every employee at every level within a corporate environment owns the company culture. Every candidate in the talent pool has a vested interest in being a part of an open culture that promotes belonging. 

A Few Final Thoughts

A company’s most valuable asset is its people. 

Companies must regularly reevaluate their hiring and internal processes. These processes are only successful when companies foster programs that empower their employees both professionally and personally and allow them to pursue their passion and purpose.

The companies that do this are the ones that will attract and retain candidates of the highest caliber.

Why Skilling Investments Directly Correlate to an Organization’s Bottom Line

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Sponsored by: Cornerstone

Learning is the most important thing we do at work. 

I know that’s a bold statement. I’m sure you’re already trying to think of things you do at work that are more important than learning. But the truth is that learning is the foundation of how we grow and perform. 

Think about the learning opportunities at your organization. Are there company-sponsored places you can go to learn? Or do you simply rely on Google and YouTube? 

The reality is that many organizations rely on employees to find their own learning and development opportunities. So, what’s the problem with this? 

The problem is that this lack of prioritization for development opportunities at work won’t get us through the current talent and skilling shortages many industries are facing or help us grow into the future of work. 

These aren’t problems that will go away on their own, either. In fact, the current skilling and talent shortages are keeping business leaders up at night. According to a recently published Cornerstone People Research Lab survey, 48% of all employers placed skills and talent shortages within their top three concerns over the next three years. 

This urgency from business leaders is further evidenced in PwC’s Annual Global CEO Survey, where 74% of CEOs reported being concerned about the availability of key skills. 

Cornerstone’s survey also found that while ‘laggard’ and ‘average’ organizations show a consistent employer-employee confidence gap in skills development, high-performance organizations are ahead of the game. 

Let’s explore how high-performance organizations approach skills development and why it works.  

High-Performance Organizations as a Model for Success

High-performance organizations put their money where their mouth is. For example, when asked when they would prioritize skills investments for their company, 72% of respondents reported that prioritization was expected to occur within the next year or had already begun. Meanwhile, 68% of lagging organizations plan to invest in skills development within three to five years. 

According to our research, high-performance organizations aren’t just investing in one or two learning and skill development areas either. Nearly all high-performance organizations are prioritizing learning and development technology, learning content, formal education or university learning, mentoring and coaching programs, and on-the-job skills training.  

Meanwhile, only 34% of lagging organizations prioritize formal education, and 52% invest in mentoring and coaching programs. There’s more than a 30-point gap between high-performance organizations and laggards. 

High-performance organizations are also increasingly adopting an internal talent marketplace mindset. They are using skills data and skills development programs to promote internal mobility. Ninety-seven percent of high-performance organizations agreed that the role of talent development is to improve employee growth. Employees also agree – 82% of employees at high-performance organizations reported feeling that their company had insight into the gaps between current skills and those needed in the future. 

Developing internal talent is the number one way high-performance organizations plan to fill skills gaps. Meanwhile, lagging organizations plan to hire externally to fill those gaps over the next three years. 

Up-Leveling Your Skilling Strategy 

So, where do you start in up-leveling your skilling strategy? 

First, take inventory of the skills currently available in your organization. Then, predict what skills are most important to the future success of your organization. Once you understand what skills gaps exist, you can chart a plan to help close them. 

To do this, AI-based skills assessment and pathing technology can help identify those gaps between existing and future skills and make intelligent job and career recommendations based on skills.  

Once you connect skills development to career growth, employees can more easily chart their desired career path by seeing an integrated view of the skills needed and how it translates to internal mobility. 

This kind of growth investment isn’t just good for your people – it’s good for business. According to a 2021 Gallup survey in partnership with Amazon, skills training is one of the top perks younger workers look for in a new job. Further, 61% of respondents also said that upskilling opportunities are important for staying at their job.  Seventy-one percent agreed that job training and development increased their job satisfaction. More satisfaction leads to better retention. Better retention means better success and outcomes for a business.

The takeaway is simple. When organizations adopt an internal skills marketplace and an internal-first hiring mindset, employees stay engaged and happy, and your business increases its chances of successfully navigating the future.

New HR Processes to Meet Workforce Expectations

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The Great Resignation was a very real and present concern for HR professionals in 2021. In December alone, 4.3 million workers left their jobs. As the labor pool shrunk and companies faced skill shortages, there was a palpable power shift among employees. Workers knew they were in demand and could ask for more: more flexibility, more money, and more perks. Average hourly earnings have increased 4.8% year over year as a result.

Companies were already faced with competition for talent before the pandemic. This threw HR professionals in even more of a tailspin when they had to find new ways to meet these workforce expectations while developing work-from-anywhere policies practically overnight.

Although the labor force participation rate shows signs of bouncing back in the coming years — in fact, employment is estimated to increase from 153.5 million to 165.4 million by 2030 — HR must come up with innovative ways to attract and retain talented employees if they want to keep up. That means changing their HR processes to meet workforce expectations.

Meeting Workforce Expectations With New HR Processes

With a tight talent pool, HR professionals have to get creative, embrace new technologies, and find fresh ways of attracting and retaining talented employees. To do this, HR teams should stay open-minded to more progressive employment arrangements. This could include using contract, contingent, and gig work. In some instances, they should even consider employing robots, automating HR processes, and reskilling employees. 

As workers’ expectations change regarding work flexibility and other norms, the onus is on HR leaders to update the following HR processes:

1. Productivity Measurement

Gone are the days when measuring employee productivity meant simply looking at an employee’s time card or hours worked. In a work-from-anywhere environment, managers must shift their mindset to managing employees based on results rather than on time spent sitting at a desk.

It’s up to HR to teach managers how to measure and monitor employee productivity without physically seeing them in their chairs. To accomplish this, HR must clearly define job descriptions. Additionally, managers must communicate expectations. Most importantly, HR should encourage managers to let employees have the autonomy they need to do their jobs while still providing coaching on timelines, issues, and opportunities.

2. Pay Practices

Employees want not only the flexibility to work remotely, but also more flexibility as to when they work. Although 70% of executives want to return to the workplace, only 40% of workers do. Organizations that have embraced a remote environment to meet workforce expectations are now faced with the “work from anywhere” problem. Sure, it’s wonderful that employees can live anywhere in the country — or even the world. But, most HR teams are not set up for payroll, benefits, compliance, or taxes everywhere to support this. This can be a major roadblock when it comes to attracting and retaining talented employees.

In addition, HR leaders have to get ahead of questions from employees about cost-of-living adjustments for cities with higher costs of living. What is your philosophy and compensation structure? Does it allow you to attract talent across all markets nationwide? For example, consider tech companies based in San Jose, which is a tech industry hotspot. Should employees get paid more because that’s a high-cost-of-living area? Or not because they have the option to move? These questions can get quite philosophical and are up to your HR team and other company leaders to decide.

3. Onboarding Solutions

For new employees, the “computer setup” checkbox for onboarding has evolved over the years. Just a few decades ago, someone from IT came to connect the new employee’s system and set up their email at their desk. Now, it’s a UPS package delivery. Then, a two-hour phone call where IT instructs the employee on how to set up and configure settings for their workgroup. The employee needs to learn the ins and outs of how to use the collaboration tools and where to find the information needed for the job.

In addition, new employees might never even meet their HR representative in person to complete paperwork. These situations open up a need for remote onboarding tools. Tools that offer e-signature capabilities and advanced cybersecurity to prevent private information from being breached. They also require a solution for remote I-9s. (Current USCIS guidelines still require a person to provide HR with original ID documents to show proof of eligibility to work in the U.S.) Above all, you should determine how to integrate current tech tools with these new tools to make onboarding remote workers smoother for all involved.

4. Career Growth Opportunities for Employees

Even before the pandemic hit, employees looked for development and growth opportunities in their roles — particularly Millennials, who are known to leave jobs that lack such opportunities. HR can encourage employees to stay with the company longer by offering new forms of recognition and benefits, like upskilling.

Now, more than ever, employees want to know what competencies they need to learn to grow in the organization. They also want to know how these skills will benefit them in their future careers. To meet this need, work with managers to understand the competencies required for each role. Outline a clear path from one position to the next on the hierarchy.

Workforce Expectations for the Future

Meeting changing workforce expectations to mitigate the labor shortage requires updated HR processes that follow new trends in HR practices. Although this HR transformation process can seem overwhelming, the benefits will pay dividends in attracting and retaining talented employees — and securing your company’s future growth.

     

How to Find Great Talent in a Tight Job Market

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Talent wars may be a dream come true for skilled candidates, but competing for great employees can leave employers hanging. When there doesn’t seem to be much interest in your open positions, you might wonder what you can do better. Making matters more challenging is that all your competitors appear to be looking for help, too. And they may be eye-balling both active and passive job seekers, including some of your star staff members.

While finding good employees can be harder than expected, there are ways to get a leg up. A few of these methods involve tweaking strategies you might already be familiar with. Others could be new approaches that get you thinking outside the box. Below are some techniques to use in your quest to find talented new hires.

Go Beyond Your Conventional Candidate Pool

Certain business models, such as brick-and-mortar retail, limit hiring pools to local candidates. But if your business can accommodate remote work, you open up the possibility of finding out-of-state or even global talent. To enable your international hiring efforts, your company can work with an employer of record or establish local entities.   

Creating overseas subsidiaries or legal entities can make sense if you plan on hiring more than a few employees. Maybe you’ve identified an attractive international labor market with candidates that will be good fits for various positions. This approach might also pay off if your company plans on sticking around in that market for a while.

Yet setting up a bunch of legal entities can get expensive. The average costs range from $15,000 to $20,000 in most countries. These figures are only for initial expenses and do not include the price tag for recurring admin and office needs. If you want to hire one candidate from Spain and another from Thailand, legal entity expenditures could prove prohibitive.

An employer of record (EOR) service that already has a legal entity in the location you want to hire from can help. The EOR is the employer on paper, but your company gains local staff with the desired expertise and outlook. Similar to professional employer organizations, EORs also handle the HR side of things such as payroll. But an EOR goes a step further by ensuring companies stay in compliance with a country’s labor laws.

Create a Stand-Out Employer Brand

Job seekers are encouraged to develop a unique personal brand when crafting a résumé, cover letter, or LinkedIn profile. Companies can do the same with online career and HR website pages or microsites. An organization’s employer branding should also extend to applicable social media platforms, job board postings, and employer review sites.

Creating and managing a strong brand pays off in recruiting and retention. Research shows that 75 percent of active job seekers are more likely to apply to companies that actively manage their employer brand. About 50 percent of candidates won’t accept an offer from an organization with a poor reputation, even for a raise. And employers that stay on top of branding can decrease turnover by up to 28 percent.  

Candidates who don’t have an inside link to your company will first go to your website and social media pages. They’re looking for who you are as an employer, what you stand for, and what current employees have to say. Beyond a list of perks and financial incentives, job seekers want a glimpse of what working for you looks like. Consider adding behind-the-scenes videos, employee spotlight blogs, and catchphrases that emphasize your core values.

Take a Closer Look at Your Job Descriptions and Postings

Sometimes posting a generic help wanted or “We’re Hiring!” notice is enough to bring a star candidate to your door. But in a competitive labor market, where everyone’s looking for specialized skills, compelling job descriptions and postings are a must. Using worn-out phrases or getting too technical might repel qualified applicants.

Mismatched descriptions touting roles perfect for recent graduates and long lists of specialized qualifications will also turn off candidates. You’ll leave job seekers shaking their heads with postings for entry-level positions that nevertheless insist on three years of experience. 

Even if your area doesn’t require you to list salary ranges, including pay rates helps set expectations. You’ll save time and disappointment if you’re upfront about hiring budgets early in the process.

Besides clear descriptions of a position’s core responsibilities and performance standards, job postings should highlight why the company is unique. You can include things like mission statements, values, and career development opportunities. But also consider who your intended audience is and why they would want to do this job in your organization. Include language that communicates the why and pulls them in. Add links to your career site and employee reviews.

Once you’ve perfected your job descriptions, find job boards, events, or professional networks that target your ideal candidate. If you’re hiring for entry-level positions, reach out to colleges and universities with career services and informational events. Some online job boards appeal to remote job seekers or those who specialize in tech or marketing. Start building a database or pipeline with potential applicants from referrals, career-oriented sites, and internal employees.  

Finding the Best Match

Finding the best people proves to be more difficult when strong contenders have more choices. Cutthroat labor markets often require employers to get creative and revisit company identity strategies. You can do this by searching outside conventional hiring pools, developing distinctive employer branding, and aligning descriptions with candidates’ motivations. Putting these methods into practice can help you shorten the time you’ll take to find that great match.             

Utilizing Partnerships to Improve Military Hiring Practices

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Sponsored: Orion Talent

As organizations – specifically hiring leaders – look to fill their talent pipeline, the US Military is an unrivaled source of talented, experienced people. Decades of research and hands-on experience underscore that military training results in well-rounded employees who serve as an asset to any workplace.

The military has a well-deserved reputation as an extremely effective employer, with its firm commitment to training; it teaches people about persistence, mentorship, innovation, leadership, and success. Let’s face it: the military leads the pack in cutting-edge training programs. This fact has long been embraced by organizations that are champions of military hiring, such as Booz Allen Hamilton and Lockheed Martin.

Follow the Leaders

A SHRM report indicates accelerated military hiring initiatives at major companies including Siemens, AT&T, and Allstate Insurance. Here are some excellent stories from Starbucks about the success of their military hiring program. These leading organizations offer a wide variety of resources to veterans and their families. 

There are also more than 230 firms involved in the Veteran Jobs Mission coalition, which plans to hire 1 million vets by 2025, having already hit its earlier target of 100,000. Many other organizations see the value in military hiring but aren’t sure where to begin.

Here’s a tip. The key to an effective military hiring program lies in the utilization of partnerships. Savvy organizations tap the expertise of those who know the intricacies of military candidates and their families. It’s nothing less than wise to have partners help navigate government programs. In addition, speak the military language, define effective communications channels, advise on the transition to civilian life, and more.

Provide a Positive Candidate Experience

It’s no secret that I love a great candidate experience. Members of the military and their families deserve a positive and promising journey. Veteran job programs are created, funded, and maintained for a reason – to help bridge the gap between the military and the workforce. From employer branding to onboarding, people desire and deserve a smooth process that makes them feel valued.

By coming together and utilizing partnerships with similar goals, it makes the process that much better. Let me refer to the 2021 North American Talent Board Candidate Experience (CandE) Benchmark Research Report, published by The Talent Board.  

When they ranked the Primary Areas Where Companies Plan to Contract with External (3rd-Party) Service Providers to Enhance Recruiting Efforts in 2022, veteran/disability services came in at number 3 with 26% of respondents wanting to invest there. 

Reaching Goals through Partnerships

Many businesses are new to the military hiring landscape, and others haven’t even scratched the surface. Regardless of what stage you’re in, capitalizing on partnerships in this area is critical to the success of military hiring.

The SHRM Foundation and USAA recently conducted research to better understand what employers should do to more effectively recruit and retain veterans, especially during challenging economic times. They found that over one-third of employers (36%) said that they do not think their organization has been effective in hiring veterans since the start of the pandemic.

Here’s some data from that research that I find telling: 

  • 43% of employers don’t know where to post jobs to target veterans
  • More than 1 in 3 employers say recruiting veterans is more difficult than civilians
  • 40% of employers don’t know where/how to sign up to exhibit at veteran job fairs

In a situation where employers feel ill-equipped to tap a talent pool, there is a natural call for help. This research indicates a gap in the process that can be filled with the right allies. It’s best to align with organizations that have already established a foundation of trust and employ communications techniques that work. 

The SHRM research referenced above states, “Many employers…struggle to understand the unique circumstances that impact workforce readiness beyond experience and skillsets when veterans transition to the civilian workforce.” 

This challenge underscores the need to utilize partnerships. Partners like SkillBridge, Onward to Opportunity, Hiring Our Heroes, and MilSpo Academy are great examples of partners who would be able to help employers understand these unique circumstances and adequately address them.

Tapping Expertise is Smart Business

Understanding the nuances of military hiring can make a tremendous difference in the approach. Fortunately, there are many organizations dedicated to helping military personnel find gainful employment after service. Tapping these organizations inevitably saves time, money, and resources. 

Recruiting and talent experts Orion Talent understand the importance of expertise in this space. The company has a rich military DNA and provides a full suite of technology-driven talent acquisition solutions. As part of their offerings, they have a partnership program built on more than three decades of experience. One of their many useful solutions helps organizations understand complex government programs, including the Department of Defense’s SkillBridge, as well as other veteran and military spouse training and upskilling programs. 

Here’s a fact that I would want to know if tasked with military hiring: The U.S. Department of Defense pays the service member’s salary and benefits. The service member participates in a SkillBridge program during their final 180 days of service. There is no cost for leveraging and upskilling this unique talent pool.

Build Support Internally and Build Partnerships Externally

In a recent podcast, I was able to speak with Sarah Peiker, CEO at Orion Talent. Sarah shared, “Get the buy-in you need from decision-makers, talent acquisition professionals, human resources, and operations managers. It’s also important to make sure everyone supports hiring military candidates. Track and measure results. This includes metrics on hiring performance data and retention rates. Do your homework before determining your hiring model. Build a hiring process that works towards a positive candidate experience.”

I highly recommend the eBook: Military Solutions for the Business of Work: Unexpected Lessons in Getting the Job Done & Getting Ahead for more on this topic. 

Military hiring provides an excellent opportunity to bring strategic assets into a company’s workforce. I recommend you open your arms to the vast opportunities for rewarding partnerships that focus specifically on veterans and their families. By doing so, you are exponentially broadening your reach, increasing the quality of your talent pool, and building a stronger workforce. 

Massive amounts of talent + partner organizations eager to help both organizations and job seekers = a win-win in the talent war.

Mid-Career Employees and Their Impact on The Great Resignation

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The Great Resignation has not hit the world of work. According to the U.S. Bureau of Labor Statistics, the rates of resignation are highest among mid-career employees. Many of these workers are leaving their jobs and fields to pursue a new career path offering better job security or greater flexibility.

Mid-career workers are attractive to companies because of their skills and life experience. Skills like leadership, problem-solving, and multitasking transfer well to new roles and often give seasoned hires an advantage over younger workers.

It’s almost as if the entry-level openings don’t exist anymore: Thirty-five percent of “entry-level” openings require years of job experience. That’s higher in skill-heavy industries like tech, with 43% of college graduates leaving school without a job lined up. This will affect us for years to come.

We must tackle the dual-pronged issue of investing in these entry-level employees while also retaining our mid-level workers. Younger, less experienced hires need a chance to enter the workforce and get learning, and mid-level employees need to feel valued and cared for within their current roles.

Growing Your Retention Rates

Company leaders need to recognize that both mid-career and entry-level employees have essential roles to play in the success of their business. If they can nurture both experience levels, they can retain and onboard successfully and simultaneously.

To start, leaders need to acknowledge the hurdles that mid-career employees face. Forty-five percent of caregivers said they had considered leaving the workforce because of personal demands on their time, while 34% said they had “lost critical skills” in the past year.

To combat this life stress, mid-career employees need flexibility and understanding. Companies must develop permanent, sustainable methods of retaining talent via flexibility, including remote work, in-office childcare, and flex time. These employees also need the opportunity to gain skills (or grow existing skills) in an accessible, low-cost way.

Helping Employees Grow Their Skills

 Eighty-nine percent of employees are willing to reskill, but too few get the chance. Providing opportunities to learn new skills and develop professionally shows the company is invested in growth. Give employees of all levels some opportunities to skill up, and they will show their worth.

Teaching your employees will lead to better engagement — 2.9 times higher engagement than employees who don’t see opportunities to learn and grow. Upskilling opportunities are also a win for your company. It allows you to move existing employees into roles that are often difficult and costly to fill.

Be a Mentor

Mentorship programs have positive effects on both mentor and mentee, so even mid-career employees who aren’t interested in upskilling can still benefit. Taking a junior employee under their wing creates a sense of loyalty among mentors, boosting retention rates. A program could increase mentees’ communication skills, community engagement, goal-setting, and a sense of purpose — even if the mentee isn’t an entry-level worker.

Furthermore, mentorship is currently underutilized. That means companies adopting mentorship programs will stand out among competitors. As a result, you’ll gain another layer of protection against poaching while also making your business stand out from the crowd.

Companies don’t need a gimmick to make it through the Great Resignation; they need to evolve alongside our changing world. Changes to how we work and train workers are necessary to make it through this event. Utilizing a mentorship program will gain more engaged employees and gain better career outcomes.

Talent Analytics, What is it and Why Does it Matter?

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How often do you think organizations use talent analytics today? More often than you may think. We know everyone talks about data. Whether you’re figuring out how to acquire new users or build an audience with content, you’re probably using analytics to set goals and measure what’s working. But it is a critical area where both qualitative and quantitative data continue to make a difference in the world of work.

At its most helpful, talent analytics takes the guesswork out of hiring the right talent. Talent analytics doesn’t just help you get a warm body in a seat, either. This data can help recruiters and companies ensure a talent match where only the most motivated and those inspired to do their best work sign the dotted line.

When it comes to world-class recruiting in an increasingly competitive landscape, talent analytics plays a central role in making HR and recruiting work smarter. Think of it as a way out of the HR fog. 

That said, understanding the right metrics is key to narrowing down the focus. By applying talent analytics, you can better pinpoint and hire team members who will ultimately serve as positive assets to the organization

What Is Talent Analytics?

Talent analytics is not just data. It’s the term for a data-focused approach to decision-making about current and future employees. By analyzing past employee behavior to predict future performance, talent analytics is often used by HR, hiring managers, and recruiters to find the best type of candidate.

According to Deloitte, “Four percent of organizations surveyed believe they have predictive talent analytics capabilities today. Only 14% of companies have any form of talent analytics program in place. Yet, more than 60% want to build a plan this year. 

In a classic Harvard Business Review article about competing on talent analytics, Tom Davenport, Jeanne Harris, and Jeremy Shapiro outlined 6 types of data used for managing a workforce:

6 Types of Data Used for Managing a Workforce

  1. Human Capital Facts: The key indicators of the business’s health, such as headcount, turnover rate, and employee satisfaction.
  2. Analytical HR: Segmented data on the units, departments, and individuals that most need attention.
  3. Human-Capital Investment Analysis: Tracks the activities that have the largest impact on the business, such as how employee satisfaction results in higher revenue, lower costs, and greater employee retention.
  4. Workforce Forecasts: Identifies and predicts the best times to either ramp up or cut back on staff.
  5. Talent Value Model: Provides information on why employees want to stay in an organization or why they choose to leave.
  6. Talent Supply Chain: Predicts how to best staff a company according to changes in the business.

Levels of insight vary – from basic information to predictive modeling. As organizations integrate talent analytics into their practices, deeper insights allow for better planning.

 

Analytics, What is it and Why does it Matter? | TalentCulture

What Moneyball Taught Us About Analytics

Using data gathered from your current workforce can drastically improve your ability to make smarter decisions when recruiting talent. Relying solely on your gut to make a hiring decision is a mistake.

I like to compare talent analytics to the more commonly known practice of sports analytics. This was made famous by the book and film Moneyball. It transformed the way professional baseball teams recruit talent. Instead of relying on gut instincts and old-fashioned scouting, Billy Beane and Peter Brand transformed recruiting by using something now known as “sabermetrics.”

The Oakland Athletics used empirical analysis of baseball statistics to measure in-game activity and predict future performance. Once laughed at by old-school baseball managers, sabermetrics is now used by every team in the Major Leagues.

Just like Beane and Brand, organizations can use talent analytics to hire the right people. Additionally, it can help companies better understand how to align strategy and employee capabilities. It can help make decisions on how and where to allocate human capital across the organization much more reliable. And this makes it much easier to be effective at placing individual employees in the optimal role.

Talent Analytics: Art or Science?

As much as I strongly believe in the power of data, I would never advise someone to rely solely on data to quantify and qualify a human being. 

In my opinion, stellar recruiting is an art as much as it is a science. Using data and analytics as business intelligence is powerful, but your value judgment is also fundamental in this process. If talent is a natural ability, it is impossible to precisely quantify. Plus, talent doesn’t (usually) stagnate. It grows and changes, so you need to take that into consideration when assessing data.

Talent analytics has proven to be a powerful business asset. It lets HR and recruiting teams better connect with organizational goals. By helping you clarify the skills and capabilities and performance levels you you’re seeking and achieving, talent analytics can save your organization time and resources. But like any tool, it is most powerful when used in combination with human understanding, organizational context and situational nuance. The ability to measure and leverage people data is not only exciting but smart business.