What We're Reading: New Skills, Talent and Employment Edition

Top Highlights

Bersin shares 10 insights from their IMPACT 2018 conference, including: The Rise of the Social Enterprise, Tools and Technologies to Know, Creating Meaningful Experiences for Employees,Building Data Fluency in HR, The Rise of the Individual in the Future of Work, Talent Acquisition in the Digital Age, Thriving in an Upside-Down World,  Designing a Rewards Program for Best Fit,  What Is Talent?, Delivering Experience

In honor of Equal Pay Day, PayScale released a new report on the gender gap, not only highlighting the overall disparity between salaries of men and women (17.6%), but also the disparity of people in the same job level (7%), the same job level in the same company (2.6%) and the same job level, same company, and same function (.9%).

According to Forbessocial learning is one of 2018’s biggest business trends to create an intellectually stimulating work environment. By creating online communities, providing teamwork opportunities, and implementing interactive training, companies can facilitate meaningful social connections and help employees thrive.

The U.S. Office of Personnel Management has issued guidance to federal agencies on identifying roles that are critically needed within their departments in the fields of information technology and cybersecurity, demonstrating a growing skills gap even within government entities.

SHRM reports that Nike is taking new steps to remove bias from critical moments of its hiring process by implementing blind resume reviews and no longer collecting salary histories. Nike also plans to launch an unconscious bias awareness program, which will be mandatory training for all employees.

HR Dive reports on a number of trends that are shaping the recruiting industry, including artificial intelligence, data and analytics, the use of video, gamification, and texting.

Knotel, the co-working and office space startup, raised $70 million in a recent funding round led by Newmark Group Inc. and the Moinian Group. (Wall Street Journal, subscription required)

 

Corporate Learning and Development News

While microlearning-- anytime, anywhere, bite-sized modules-- has gained significant traction recently, Chief Learning Officer suggests that macrolearning approaches, including international service learning, provide more authentic, complex opportunities for teaching soft skills like leadership, creativity, and adaptability.

As research continues to show employees desire feedback, HR Dive suggests ways to make feedback actionable and beneficial. The author suggest that employers consider the environment in which feedback is delivered, frequency, and that they remember that feedback is a form of learning.

According to Forbessocial learning is one of 2018’s biggest business trends that intellectually stimulates the work environment. By creating online communities, providing teamwork opportunities, and implementing interactive training, companies can facilitate meaningful social connections and help employees thrive.

AI can provide useful additional support in between face-to-face coaching opportunities. Rather than replacing human coaches altogether, Chief Learning Officer suggests that AI can provide more frequent and targeted feedback to managers in the workplace.  

According to a new report, a modest 19.7% of employees said they were willing to go above and beyond on the job. Associations Now concludes that employee attitudes are being driven by a high level of confidence in economic conditions, leading them to look for work elsewhere. 

Association for Talent Development explores the potential of motivational psychology - the science of mind and behavior that drives people to achieve goals-- to the organization’s culture, strategy and capability and allows for a fun learning experience.

 

Credentials, Hiring, and Applicant Tracking News

According to SHRM robotic process automation (RPA) has made its way into HR departments taking on tasks like managing payroll, benefits enrollment, and onboarding and compliance reporting – freeing up time for HR employees to conduct other duties.

In recent years, legislative action has been taken in order to work towards ending the practice ofsubminimum wages for workers with disabilities. SHRM suggests that banning subminimum wages could help to better integrate workers with disabilities into their workplace, as well as provide them with more independence.

HR Dive reports on a number of trends that are shaping the recruiting industry, including artificial intelligence, data and analytics, the use of video, gamification, and texting.

 

General HR News

Bersin shares 10 insights from IMPACT 2018 conference on a range of topics including: The Rise of the Social Enterprise, Tools and Technologies to Know, Creating Meaningful Experiences for Employees, Building Data Fluency in HR, The Rise of the Individual in the Future of Work, Talent Acquisition in the Digital Age, Thriving in an Upside-Down World,  Designing a Rewards Program for Best Fit,  What Is Talent?, Delivering Experience

In honor of Equal Pay Day, PayScale released a new report on the gender gap, not only highlighting the overall disparity (17.6%) between salaries of men and women, but also the disparity of people in the same job level (7%), the same job level in the same company (2.6%) and the same job level, same company, and same function (.9%).  They also noted the “penalty” faced by women who take extended leave – often for child rearing – as well as the state to state gap variants. SHRM offers advice for how companies can begin closing these gaps.

Also in time for Equal Pay Day, Hired released a report providing insight into the gender wage gap for technology workers. The largest gap (10%) is for women in education technology companies. Fortunately, according to a new research from Deloitte, there is hope in the technology space, as the percentage of women technology chiefs is greater than the number of female CEO’s and CFO’s.

According to a new study, CEOs who have a more diverse network – including gender, nationality, academic degrees, majors, professional expertise, and global work experience – bring more value to their firm.

 

Employer Partnerships/Company Innovation

SHRM reports that Nike is taking new steps to remove bias from critical moments of its hiring process by implementing blind resume reviews and no longer collecting salary histories. Nike also plans to launch an unconscious bias awareness program, which will be mandatory training for all employees.

Docebo, an eLearning platform company, announced its inclusion in LinkedIn Learning’s Integration Partner Program. Docebo users will now be able to access LinkedIn Learning's course catalogue directly from their Docebo Content Marketplace as well as access a unique feature that allows them to group LinkedIn Learning courses and create "playlists."

 

Startups, Innovation, and Investment News

Thinkful, a Brooklyn-based online coding bootcamp, acquired a similar platformBloc. The acquisition will not change the program experience or pedagogy on Bloc’s platform, but Thinkful will be able to offer new courses, including a design program,

Edovo, the Chicago-based startup that provides academic, vocational, and life skills training to inmates, raised $9.8 million in Series A funding. The round was led by social impact investors, including Impact Engine, the Lumina Foundation, Sustain VC, and the IDP Foundation. Edovo will use the funds to grow their team and discover new ways to help these individuals and continue to reduce recidivism. 

Knotel, the co-working and office space startup, raised $70 million in a recent funding round led by Newmark Group Inc. and the Moinian Group. The We Work competitor hopes to open another 100 co-working spaces by the end of the year and is planning to build out a blockchain service to track commercial-property listings. (Wall Street Journal, subscription required) 

 

Macroeconomic Trends and Public Policy

According to the March jobs report, the U.S. economy added 103,000 jobs, lower than the estimated 185,000. Though numbers were lower than expected, the unemployment rate remained at 4.1% for the sixth month in a row.

The U.S. Office of Personnel Management has issued guidance to federal agencies on how to identify roles that are critically needed within their departments in the fields of information technology and cybersecurity speaking to a growing skills gap even within government entities.

The U.S. Circuit Court of Appeals ruled that salary differentials between men and women cannot be justified based on prior salary, as it would perpetuate the wage gap and would be impermissible under the Equal Pay Act.

 

Other

Reflecting on the 35th anniversary of the A Nation At Risk report, The 74 Million notes that new skills such as computational thinking are now necessary for success in the workforce.

Indeed has identified the jobs with the lowest career-switch rates, which include computer programmers, nurses, and engineers. They also note that jobs with higher salaries have lower rates of career switching.