Monthly Archives: March 2016

Does it matter if a POTUS has ever hired anyone?

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In the last Republican Presidential Debate, candidate Ted Cruz got in a nice jab on candidate Donald Trump about hiring illegal aliens. At which, Trump fired back (he always fires back) that he was the only candidate to ever have hired anyone.

That last part gave me pause. I don’t care who you might be voting for, Republican, Democrat, Socialist (hey, Bernie!), etc., is it important for a President to have experience hiring people?

It’s a great question to ponder. All of us who hire, as part of our jobs, know how difficult it is, and how frustrating and wonderous of an experience it can be.  We know how difficult it is to select the right candidate, and how disastrous it can be when the wrong candidate is selected.

I do get that while most political lifers have probably not hired in a sense we have hired, they do some kind of ‘hiring’ in their various political offices. They have to select staff to run their campaigns, to work with them in their elected positions, etc. So, while they haven’t had to hire for a private business, they have had to select individuals to come work for them.

Now, if you ever witness government hiring you could easily argue, as Trump did, that none of these people have ever really hired! Government hiring isn’t really hiring as much as it’s selecting the tallest of the seven dwarfs.  Not much recruiting ever takes place, it’s post and pray of the worst kind.

So, I tend to fall into the camp of I want my POTUS to be someone who has really had to go out and hire and fire. Don’t take this as I want Trump to be POTUS, I’m also of the camp that I don’t want my POTUS to be crazy!

If all you’ve done in your career is ‘appoint’ friends and associates to positions, you probably aren’t really ready to run the country. Both parties have this issue. Lifetime politicians don’t understand real world business. They understand politics, which has nothing to do with actually running a business, creating jobs, creating value, having your neck on the line for results.

I want a POTUS who has felt the pressure of having to truly perform, or you lose everything, or you get fired. At that point, they understand what the vast majority of real Americans feel every day.  Elected people don’t feel this. They get elected, and they immediately go back to work on getting re-elected, which mainly constitutes telling people what they want to hear. Again, both parties do this the exact same way.

Yes, I want a POTUS that has real world business experience. One that’s sat across a desk and had to make real hiring decisions that had a bottom line impact to the success, or failure, of a business.  I understand that person. I don’t understand politicians.

 

What the Hell is Financial Wellness & Why Should HR Pros Care!

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I don’t know about you, but I wasn’t raised in an environment where much of anything was given to me. In my world, Financial Wellness meant our check didn’t bounce when we went to the grocery store or having to go to a different grocery store where we hadn’t bounced a check in a while! Luckily, my kids have no idea what it means to ‘bounce’ a check!

That is one of our challenges as HR pros to define Financial Wellness. For some of us, having the bills paid means we have financial wellness, for others, having the means to go on that annual trip to Florida means we have financial wellness. Some of your employees feel they have financial wellness, while others, in the same capacity, would feel on the verge of financial ruin!

Financial wellness, by definition, is a program or set of programs designed to improve employees’ financial behavior and outcomes while also driving business impact. Basically, it’s helping to ensure, the best we can, that our employees aren’t overly concerned with their personal money issues, that it impacts their work performance. An organization provides a good financial wellness program so that it can have happy and productive employees, who help drive great financial results for the organization.

Why do we as HR Pros need to care about our employees Financial Wellness?

In the history of HR, we really didn’t.  Sure there were some empathetic HR Pros who cared about someone going through a tough time, but rarely did HR, in the most well-meaning sense, ever want to touch the personal finance issues of an employee! Mostly, we would listen, try and pawn them off on the Employee Assistance Program, and hope it all went away.

The expectations of how we work with our employees, especially concerning things that impact their performance, have changed drastically over the past few years. The great recession is probably the main culprit for this mind-shift. We went through a part of our history where having financial issues, wasn’t rare, it was the norm for so many of our employees. Organizationally, we had to find ways to help our employees cope, get better and stay productive.

What we learned, through all of this, was that HR can make a huge difference in our employees quality of life. Having a great quality of life means that employees will stay around longer. Longer tenured employees, who love their jobs and feel supported, mean better overall outcomes for your organization.

The best HR leaders are now keenly aware of the organization’s bottom line, and what programs have a positive impact financially. Financial Wellness is one of those programs that drive overall better organizational financial performance, which makes it one of those programs HR pros need to care about, and need continue to drive across their organization.

Financial Wellness isn’t an easy program to just go and launch. We still live in a culture where talking about your finances, especially when things aren’t going well, is an extremely hard conversation to have. None of us want to admit we did a bad job managing our finances, and now we are in trouble. This is why HR is in a great position to own financial wellness and help employees. We are trained to be able to handle these types of situations and help our employees.

I joke about growing up in a family that bounced checks at the grocery store. I can do that now since I’m far from that scenario, but it was soul crushing to be a kid and have your mom handing you items to go put back on shelves because we couldn’t afford them. You have employees who are doing this. They need your help. They don’t need a handout, they need the knowledge to change their situation forever.

(By the way, if you’d like to hear me, and my special guest Laurie Ruettimann, get even more passionate and detailed about this topic, don’t miss the free webinar I’m hosting with ALEX, March 8th at 2pm EST. It’s called “Show Me the Money (Tips)! Six Ways to Improve Your Financial Wellness Program!” P.S. You’ll get an amazing Financial Wellness Communication playbook from ALEX as part of the deal too. A twofer!)

 

T3 – Halogen Software and Jobvite Partnership – What does it mean?

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This week on T3 I break down the partnership between Halogen and Jobvite. It was announced late last week that performance and talent management technology Halogen Software and recruiting platform Jobvite were teaming up to create one platform offering both products. From the news release:

“As part of the strategic partnership, Halogen’s customers will benefit from a tight integration between the solutions that creates a streamlined and efficient employee lifecycle process, including Jobvite’s comprehensive, analytics-driven recruiting platform, which accelerates talent acquisition by:

  • Removing friction for candidates and hiring teams to accelerate and optimize every step of the recruiting process;
  • Leveraging CV databases, online professional profiles, and hundreds of other sources to build—and continuously refine—a robust pipeline of qualified prospects;
  • Tapping into all employees’ networks to reach more targeted groups of candidates and enabling everyone at the company to source talent.

“Our mission is to help our customers win with talent. To do so, they need to be able to attract and recruit their unfair share of top talent quickly, as well as engage and retain their top performers,” says Les Rechan, President and CEO, Halogen Software. “Our partnership with Jobvite supports this mission. Jobvite leads the industry with a comprehensive social and analytics-driven recruiting platform, making them an ideal partner to help us deliver more value than ever to our large customer base.”

So, What does this really mean? 

– First, it’s a partnership, no one bought the other. They only fewer than 100 of the same customers, both should benefit from the partnership equally. If you use one of these solutions, you should probably look at the integration and see if it makes sense for you.

– Halogen/Jobvite Platform is unique from a talent technology perspective. Both are really strong solutions on their own, together you will literally be able to follow a candidate from the pre-applicant stage through employment succession in one solution. That’s pretty powerful!

– I’ve long held the belief that Talent Acquisition should own succession, it just makes sense. This is the first solution that will allow TA leaders to show how this might work.  It benefits TA to own succession because succession ultimately impacts the overall workforce plan, which TA owns. End to end talent management from recruiting to promotion to succession.

I haven’t demoed the new integrated platform but will soon and will report back on what I find. In the meantime, if you’re a user of either solution, you might want to set up a demo on your own, or if you’re in the market for a new ATS or talent management solution, this is one to put on your list to consider.

T3 – Talent Tech Tuesday – is a weekly series here at The Project to educate and inform everyone who stops by on a daily/weekly basis on some great recruiting and sourcing technologies that are on the market.  None of the companies who I highlight are paying me for this promotion.  There are so many really cool things going on in the tech space and I wanted to educate myself and share what I find.  If you want to be on T3 – send me a note.