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

Highlights
 
new survey from Braidio found that 81% of employees say peer collaboration improves their productivity and 60% believe they will work from home in the future. For learning modalities, 71% of workers 55 and older and 76% of 18- to 24-year-olds prefer videos as a learning method.
 
According to the Annual Employer survey from Littler, 49% of employers say hiring and recruitment is where they use AI the most. From scanning job descriptions to blocking suggestive data, AI has been harnessed by recruiters to streamline the interviewing and hiring process. However, since AI is based on algorithms, HR Dive suggests that results can be vulnerable to bias if the inputted data is flawed.
 
new survey from Deloitte finds that less than half of employees considered millennials and Generation Z believe that employers are committed to being socially responsible (47% vs. 65% in 2017). Additionally, the survey found that more than 60% of both groups plan to leave their current company in the next two years. Experts suggest that a focus on diversity, inclusion, and flexibility may help employers to retain these employees.
 
Employees are becoming more aware of the benefits of working with robots according to new research from Epicor. According to the report, 54% of those surveyed said that robots automate mundane tasks that they would otherwise have to do. Further, 34% agree that robots are more efficient.
 
According to a study from Jobvite, 82% of employees are continuously looking for opportunities outside of their current workplace. Additionally, a majority (88%) of those surveyed said culture is at least relatively important and 32% would take a 10% pay cut to work in a job that is more interesting to them or that they are more passionate about.
 
new survey from Kronos finds that 29% of employers are using a payroll system that is 10 or more years old and nearly half (49%) admit that their system does not regularly report important data. A majority of Payroll professionals desire solutions that have on-demand reporting and analytics (87%), integration between time and labor management (81%), and the ability to track various worker classifications (76%).
 
Walmart recently introduced a return-to-work program, a partnership between their tech division, Walmart Labs, and Path Forward. The company will offer learning and development and opportunities to gain skills such as software engineering as a part of the 4-month program. Upon completion of the course, participants will be considered for full-time positions within Walmart.

 
Corporate Learning and Development News
 
Chief Learning Officer discusses ways in which new e-learning technology is making continual L&D easier than ever. However, employers are still facing the challenge of incorporating these platforms into employees’ days. Expert Josh Bersin suggests that embedding learning into an employee’s flow of work can ensure it is watched and utilized. 
 
new report by Willis Towers Watson shows that the greatest threat to a company’s security could be its employees. An estimated 66% of data breaches are caused by employee errors while outside threats account for only 18%. The author argues that more intentional employee training could preventinternal security threats.
 
According to the Annual Employer survey from Littler, 49 percent of employers say hiring and recruitment is where they use AI the most. From scanning job descriptions to blocking suggestive data, AI has been harnessed by recruiters to streamline the interviewing and hiring process. However, since AI is based on algorithms, HR Dive suggests that results can be vulnerable to bias if the inputted data is flawed.
 
new survey from Braidio found that 81% of employees say peer collaboration improves their productivity and 60% believe they will work from home in the future. For learning modalities, 71% of workers 55 and older and 76% of 18- to 24-year-olds prefer videos as a learning method.
 
According to the Association for Talent Development, limited training time is forcing employers to utilize new strategies for instructional design. The author suggests that rather than finding the best way to explain a specific concept, talent developers should focus on creating reliable processes to maximize learning such as context, introductions with intent, goal setting, application, self-reflection, and calls-to-action.

 
Credentials, Hiring, and Applicant Tracking News
 
new survey from Deloitte finds that less than half of employees considered millennials and Generation Z believe that employers are committed to being socially responsible (47% vs. 65% in 2017). Additionally, the survey found that more than 60% of both groups plan to leave their current company in the next two years. Experts suggest that a focus on diversity, inclusion, and flexibility may help employers to retain these employees.
 
This week, San Diego Economic Development Corporation released a toolkit for for employers to assist in recruitment efforts. The toolkit was developed in response to employers’ requests for help in advertising what the area has to offer in order to help attract employees. The toolkit includes fast facts about the city, images, industry overviews and more.
 
report from HackerRank finds nearly 80% of hiring managers and technical recruiters agree that the most challenging part of recruitment is hiring the right candidate. Further, they found that the strategy most used to recruit is internal referrals (58.5%), the second most being job portals (51.2%).
 
New research from McKinsey suggests that AI and automation will significantly change the skills needed to gain the jobs of the future. Researchers predict that physical labor and low skilled roles will be replaced by new ones. The report suggests that in the future, the skill sets that will be most used are: higher cognitive skills, social and emotional skills, and technological skills.
 
An article in Entrepreneur suggests that in order to address the natural occurrence of workplace churn, or turnover, employers must openly discuss churn with their current employees, implement and share clearly defined operations plans to outline transitions after turnover, solicit feedback to identify areas of improvement for the employer, and create opportunities for team building to build a community within the workplace.
 
According to a study from Jobvite, 82% of employees are continuously looking for opportunities outside of their current workplace. Additionally, a majority (88%) of those surveyed said culture is at least relatively important and 32% would take a 10% pay cut to work in a job that is more interesting to them or that they are more passionate about.

General HR News
 
Employees are becoming more aware of the benefits of working with robots according to new research from Epicor. According to the report, 54% of those surveyed said that robots automate mundane tasks that they would otherwise have to do. Further, 34% agree that robots are more efficient.
 
Workforce released a report on the demographics of human resource workers. Their latest report found that 75% of those working in human resources are women. Additionally, female HR managers make $0.74 to male HR managers’ $1.00. Researchers also noted that while women make up a majority of the field, men make up 61% of HR influencers.
 
According to a new report from KPMG, most CEOs have confidence in the U.S. economy’s growth (84%) and 98% have confidence in their own organizations’ expansion. 91% are prepared to lead a digital transformation and 86% consider themselves active disruptors, or early adopters of innovation.
 
new survey from Kronos finds that 29% of employers are using a payroll system that is 10 or more years old and nearly half (49%) admit that their system does not regularly report important data. A majority of Payroll professionals desire solutions that have on-demand reporting and analytics (87%), integration between time and labor management (81%), and the ability to track various worker classifications (76%).
 
new study from PwC finds that 40% of employees are concerned with finances causing 15% of employees to miss work because of the stresses associated with financial concern. Reuters discusses ways employers are addressing this challenge with financial wellness, including advanced payroll and financial awareness education.

 
Employer Partnerships/Company Innovation
 
MI6, the British secret service, announced plans to air a national recruitment advertisement in order to encourage more women and ethnic minorities to apply for a range of positions within the agency. The intelligence agency aims to hire more people who can “challenge the status quo.”
 
Walmart recently introduced a return-to-work program, a partnership between their tech division, Walmart Labs, and Path Forward. The company will offer learning and development and opportunities to gain skills such as software engineering as a part of the 4-month program. Upon completion of the course, participants will be considered for full-time positions within Walmart.

 
Startups, Innovation, and Investment News
 
Phenom People, a talent relationship marketing platform, raised $22 million in a series B funding round led by AXA Venture Partners. The funding will be used to advance product innovation and expand global sales.
 
Waggl, an employee engagement platform, raised $7 million in series A funding, led by venture capital firm, First Analysis. The funding will be used to increase development of the platform’s real-time feedback product.
 
Riminder, a French recruitment startup, raised $2.3 million in funding from investors such as Xavier Niel, Jean-Baptiste Rudelle, Romain Niccoli, and Franck Le Ouay, among others. The tech startup plans to use the money to open a U.S. office in San Francisco.

 
Macroeconomic Trends and Public Policy
 
President Trump recently signed an executive order making it easier to fire federal employees. Typical improvement periods have been between 60 and 120 days; however, the new order reduces it to 30 days across all agencies. (SHRM, subscription required)

 
Other
 
Starbucks released the curriculum used for training on racial bias. Individuals from the Equal Justice Initiative, the NAACP Legal Defense and Education Fund, Demos, and others were recruited as curriculum advisors. The company plans to share the curriculum with anyone interested in an effort to address racial bias around the country.
 
Summer food workers are increasingly adults rather than high school and college students according to an article in The New York Times. The number of teenagers working during the summer has fallen from nearly 72% in 1978 to 43% in 2016. Experts suggest more restrictive employment laws, longer school years, and increased resume standards as reasons for this change. (The New York Times, subscription required)
 
A newly released report by the AFL-CIO underscores an extreme pay gap between CEOs and their employees at some of the top companies. In some cases, the gap is a 4987 to 1 ratio.