Insights on Corporate Talent, Learning, and HR Technology
Now that companies are having such a hard time hiring, there is a massive trend toward the internal Talent Marketplace. As I described in my HR Technology 2022 speech last week, this is a bold new market, one which eventually become a standard part of every company’s infrastructure.
We can now welcome iCIMS to ... Read more»
One of the most devilish problems in business is building and maintaining your job architecture. While it may sound geeky, it’s very important and it is much harder than you think.
Consider the enormous transformations taking place in the economy. Every job is being automated, enhanced, and changed by technology. Companies are moving into new ... Read more»
The job market is more dynamic than ever, and I think we can stop using the word “labor” to talk about what’s going on. Let me explain.
Government organizations like the Department of Labor, Bureau of Labor Statistics, and even labor unions are named around the concept of people as workers. In the industrial age ... Read more»
Here we are, still facing the pandemic, and now we’re in a panic about service workers. Coffee shops, restaurants, and even gas stations can’t find staff, so they’re being “forced” to raise wages. In a recent NYT podcast a hotel owner bemoans how his employees keep asking for more money because “they don’t have the ... Read more»
As every company struggles to better hire and reskill its employees, the number one challenge is data. What skills do we have? What skills do we need? And what skills are in the outside job market and how do we find them?
This problem, which is Galaxial in scope, is on the minds of lots ... Read more»
Let’s face it, recruiting is getting tough. With more than 14 million jobs open in the US and people getting on planes and going back to restaurants, demand for everything has skyrocketed. And as most of you know, the supply chain of people is stretched thin.
As companies build their hybrid work strategies (our new ... Read more»
The global recovery from the Pandemic is creating some pretty big changes: people working remotely, new safety and wellbeing programs, and more digital tools than ever. But the biggest of all is now clear: we’re not going to have enough workers to go around.
I discussed this in an article last month, and this ... Read more»
The Labor Market is changing fast. New jobs are being created at a record rate, remote work has now become standard fare, and the demand for service jobs is explosive. According to EMSI, there are 24% more jobs in the US than there were a year ago.
What are all these jobs? They’re in healthcare, ... Read more»
There’s no question in my mind, we are entering one of the hottest job markets in a decade.
Not only will the $1.9 Trillion American Rescue Plan boost the economy, we are already operating with 13% more open jobs than we had a year ago. And my own estimates (and Goldman Sachs) expect the ... Read more»
As I finalize my HR Technology report for 2021 I’ve spent a lot of time thinking about HR Tech for the year ahead, and among the many things going on, the biggest of all is what I’d call “adaptable HR platforms.”
Think about it this way. In the traditional world of enterprise software, companies build ... Read more»
I am constantly inspired by the ingenuity of the business community. As more than 20 million Americans find themselves out of work, employers are going through a similar level of angst. One company needs to lay off or furlough thousands of restaurant, retail, or airline workers, while another needs to hire thousands of people ... Read more»
For years leaders have grown their companies by issuing the demand “go out and hire someone who knows how to do this!” This approach leads HR departments and hiring managers to retain expensive recruiting firms, spend millions of dollars on recruitment advertising, and often hire expensive sourcers to try to “steal” great talent from competitors.... Read more»
One of the most important things companies do is hire people, and it’s still a bit of a black art. Most companies look at candidates job history, they call references, they give them tests, and they bring them in for interviews. And despite all this effort, HR leaders tell me they still make mistakes as ... Read more»
There’s nothing that excites a CEO or CHRO more than being listed on a “Best Place to Work” list. These lists, which are being published by more companies every year, seem to have something for everyone. This week I noticed that Facebook was the #1 rated company by Indeed, Salesforce was the #1 company ... Read more»
This economic cycle is really setting records. We’ve had almost ten years of US economic growth, the unemployment rate is at a 30 year low (it is expected to go lower), and every few days I hear someone in the administration bragging about how well the economy is performing.
I’ve lived through five major economic ... Read more»
