Job Market Monitor
HR
Voluntary Turnover in US – It costs $1 Trillion per year and 52 percent of them think that something could have done
A trillion dollars. That’s what U.S. businesses are losing every year due to voluntary turnover. And the most astounding part is that most of this damage is self-inflicted. Here’s how it breaks down for an individual organization: The annual overall turnover rate in the U.S. in 2017 was 26.3%, based on the Bureau of Labor … Continue reading
The Future of Work – Only 29% of HR leaders strongly agree that their business executives prioritize human capital risks
In this year’s study, 73% of executives predict significant industry disruption in the next three years — up from 26% in 2018. This sharp shift in perception about the future business environment applies across geographies and industries, although it is most pronounced in the Life Sciences, Consumer Goods, and Energy sectors (Figure 1). More than … Continue reading
The Talents War – The potential talent pool is large, job attractors can vary and managers are not the reason most people leave
Attracting and keeping great talent are perennial challenges for organizations. But what causes people to want to leave? What might entice seemingly happy employees away? The IBM Smarter Workforce Institute conducted in-depth research among more than 22,000 employees to find some evidence- based answers. The research presented in this paper provides insights into how organizations … Continue reading
HR – How To Plan for an Uncertain Tomorrow
Remember Skills and Learnability are the New Currency One change we can be certain of is the rate of technological advance. We cannot slow this pace, but we can invest in employees’ skills to increase the resilience of our people and organizations. Now is the time to hire for and nurture learnability: their desire and … Continue reading
Workplaces in US – Gallup data reveal an unsettling pattern
There is an urgency for leaders to define and convey their vision more clearly — and rally employees around it. Gallup data reveal an unsettling pattern in the U.S. workplace. Employees have little belief in their company’s leadership. We have found that just: • 22% of employees strongly agree the leadership of their organization has … Continue reading
HR – CEOs’ selected strategies for meeting the Human Capital challenge
CEOs know that meeting their most urgent business growth challenges is inextricably linked to the strength of their human capital base. Effective use of human capital resources remains a critical issue for our respondents, and their strategies to improve productivity center on developing talent from within, improving leadership skills and pipeline, and building a performance … Continue reading
The four faces of the alternative workforce
Some companies already recognize the challenges of maintaining a consistent culture across locations and extending it to people in alternative workforce arrangements. Consider the challenge that Snap Inc., the parent of Snapchat, acknowledged when it filed its IPO. Snap Inc. broke the Silicon Valley mold by launching its IPO without a designated corporate headquarters. In … Continue reading
Australia – A very positive perception of mature age workers by employers
Attracting and retaining an engaged and productive workforce is key to the success of any organisation and, in turn, is critical to a thriving economy. With an ageing Australian population and skills shortages experienced across many industries, it is more important than ever for organisations to encourage experienced workers to remain in the workforce. Whilst … Continue reading
Employee Engagement in US – 13 Percent have “the passion of the explorer,”
AMERICAN companies will spend over $1 billion on employee engagement in 2017 and over $100 billion on training and development activities. Yet despite this investment, employee engagement remains low, at 34 percent. Perhaps more troubling: In an increasingly unpredictable business environment, most US workers, even those who are engaged, lack the disposition to embrace unexpected … Continue reading
Traits in Order of Importance when Hiring a Candidate – “Work ethic/integrity” topped the list
Express Employment Professionals [has] released new survey results … revealing traits that are most important to businesses when hiring job candidates. In a survey of 1,030 businesses, respondents were asked to “rate the following traits in order of importance when hiring a candidate with 1 being least important and 5 being most important.” “Work ethic/integrity” … Continue reading
Diversity in Management – Innovation rises with it
BCG and the Technical University of Munich conducted an empirical analysis to understand the relationship between diversity in management (defined as all levels of management, not just executive management) and innovation. Although the research is concentrated in a particular geographic region, we believe that its insights apply globally. The following are the major findings: The … Continue reading
Recruiting – 10 things ethical and professional recruiters never, ever do
The barriers to entry for a would-be independent contingency recruiter are nonexistent. Anyone with a phone and an internet connection can call themselves a recruiter and start representing themselves that way to candidates. That’s why the business of recruiting has a bad reputation with so many people. It’s a shame, because there are also top-notch, … Continue reading
Unconscious Bias – The failures of diversity training
There’s great work showing that diversity is correlated with business performance. But we’ve also learned that that probably won’t be enough to move the needle. That came as somewhat of a surprise to many of us, who thought that if we can show the business case, things will happen. But clearly more needs to be … Continue reading
Talent Acquisition – Should become more intertwined with all the functions of the business
Talent acquisition executives predict “workplace flexibility” will be the top reason why candidates choose an employer five years from now. This flexibility goes well beyond workers’ hours and location, to the very nature of the employee-employer relationship. That is part of another shift in the talent landscape: the move from a full-time employee base to … Continue reading
HR – What’s being automated?
While technology will never be able to replace the human factor in human resources, it will likely take over certain functions on talent acquisition and management teams. A new survey from CareerBuilder shows that 72 percent of employers expect that some roles within talent acquisition and human capital management will become completely automated within the … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 