Monthly Archives: July 2018

Your Weekly Dose of HR Tech: Kashable – Low Cost Loans for Employees (@GetKashable)

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Today on The Weekly Dose I take a look at the HR Tech, voluntary employee benefit and financing solution for your employees called Kashable. Kashable is basically a simple way for your employees to borrow money, where you as a company are not involved, but can still ensure they get the assistance they need!

Here’s the scenario – Timmy walks into your office. He’s got a problem. His car broke down over the weekend. He needs new brakes. He has no savings and no way to get the money. Without his car, Timmy stops coming to work.

You’ve had this conversation before, haven’t you? In fact, you probably will have it this week!

Here’s the problem. Your company and you in HR don’t want to become a bank. Loaning out money to employees, through your company, always becomes a nightmare. This is why I was so intrigued with a technology like Kashable.

Kashable gives your employees access to low-cost loans based on a percentage of their take-home pay. You as the employer, only facilitate the repayment through payroll deduction, but ultimately you are not responsible for repayment.

Having this option for employees is important! 

Here’s what way too many of our employees do in a cash crisis situation. They choose bad money options! 401K loans, high-interest credit cards, cash advance shops, or they go without something that is critical, like health insurance or a medication, etc. All of which puts them in a worse situation long term than where they started. The problem is, most of our employers have a bad or low credit and don’t have access to cheaper capital alternatives.

What I like about Kashable: 

– Gets the employer out of the loan business and puts it back where it belongs, in the hands of a financial institution that I have validated will do right by employees.

– Kashable reports directly to the credit bureaus, allowing your employees to build positive credit on these smaller amount loans that are paid back through payroll deduction.

– Kashable doesn’t allow employees to take a loan that can’t afford, so they are also teaching them responsible financing. The average amount of a weekly repayment is 5-10% of their takehome, so they don’t put themselves in a worse situation. They also only allow an employee to have one loan at a time.

– Many of your employees have a bad credit and could never get a low-cost loan, but with Kashable because they are employed by you, they will have access to this financing mechanism.

– Gives a credit option to your employees have no credit as well (high school grads, college grads, H1B workers, etc.).

Kashable has data to show that 35-40% of employees who use the service use it to pay down higher interest debt they have. So, already you’re helping to teach them to get away from the nightmare too many of our employee get caught in with high-interest credit.

I’m in love with any kind of technology that helps my employees and helps me and my organization. I’ve been in the bad situation of having to loan my employees money and how that usually ends up bad. I’ve begged my banking partners to give me an option like this, but they never would because they had to follow traditional banking rules. Kashable takes on the loan risk, and they do it because they know your employees are an actual fairly low risk.

Go check them out and do a demo – www.kashable.com

The Weekly Dose – 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 The Weekly Dose – just send me a note – timsackett@comcast.net

Want help with your HR & TA Tech company – send me a message about my HR Tech Advisory Board experience.

DisruptHR Detroit Speaker Applications Now Being Accepted!!! But, you probably can’t handle it! #8Mile

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Look, I just like being honest. This isn’t DisruptHR Brentwood or DisruptHR Nantucket! This is Detroit! We do real HR in the D!

Come on, just be real with yourself for a moment, you can’t handle Detroit. It’s okay, you’ll do fine at DisruptHR Sun City. Just slow down and do some tour stops before you come to Detroit!

You see, we actually make stuff that sells for money in Detroit. We have employees who get their hands dirty. We have to live in snow and cold for six months out of the year, which tends to leave us a little less likely to be willing to consume your weak B.S. When you come to DisruptHR Detroit, you better bring it!

Alright, I hear you feeling yourself. You just might be ready to hit 8 Mile and the rap battle that is HR in Detroit. DisruptHR Detroit will take place on September 20th onsite at Quicken Loans awesome event space in the heart of downtown Detroit.

Want to speak at DisruptHR Detroit? (what you need to know) 

– It’s 5 Minutes, 20 slides, the slides automatically move every 15 seconds (this is not something you can change!)

– If you’re a vendor you try selling your product in the 5 minutes, we’ll Gong Show your ass right off the stage!

– DisruptHR is about emotion – make us laugh, make us cry, make us angry, make us motivated. Just make us feel something!

– There will be over 250 HR and Talent Pros in the audience cheering you on. (FYI – many in the audience will be drinking!)

– You will get a video recorded, professionally produced copy of your presentation!

Apply to Speak at DisruptHR Detroit! 

Upgrade Your Employee Experience with a “Nap Experience”!

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Okay, I already know that there are some “ultra-cool” employers our their with sleep pods, but let’s face it, ‘real’ employers don’t have sleep pods in their work environment!

Yes, I just said it. If you have sleep pods in your work environment you’re not real. You are a Unicorn. That’s fine a lot of people love unicorns! The reality is, though, most of us in HR and Talent don’t work for unicorns. We just work on regular old employee farms.

But, just because you’re not a Unicorn doesn’t mean you can’t offer your employees that unicorn-level Nap Experience! Casper Mattress (you know the mattress company that for $1,000 will send you a mattress to your house in a box and you get to pop the plastic wrapper and watch it grow like a sponge animal in water) opened a “Nap Store” in New York City:

“Right next to its New York City store, Casper has launched a branded nap destination called the Dreamery. For $25, customers can catch a 45-minute nap inside little sleeping pods, furnished with Casper mattresses (obviously) as well as Casper sheets, pillows, blankets, socks, and an eye mask. Staff will provide fresh linen for every nap, and also on loan are pajamas by Sleepy Jones, a toothbrushing set from Hello, face wash from Sunday Riley, and audio tracks from Headspace — you know, all the necessary sleep accouterments any Instagram-fluent millennial could desire.”

Yep, for the low cost of $25 you can give your employees a little ‘nap’ bonus and it doesn’t even have to be taxed!

Let’s face it. No one really wants to sleep at work in some gross sleep pod that Ted from IT just spend the last two hours in hiding while playing Fortnite! What we want is our own private, clean area to sleep during work, before we go home to watch Netflix until 3 am, so we can then go back to work and get another one of those great Nap Experiences!

I want a Nap Experience right now!

I once spent a $125 to jump off the Stratosphere in Las Vegas. It took 12 seconds to fall to the ground. For $125 I could have a 225 minute Nap Experience!!! Let me tell you, right now, I’m always choosing the 225 minute Nap Experience over jumping off a building!

You in 2018 we really haven’t had anything come out yet that has had real impact on increasing the Employee Experience. That was until this week!!! I’m going to go out a limb here and say that the “Nap Experience” might become the biggest thing to ever happen to sustain a positive workplace culture!

The other idea that hasn’t been tried yet, but would also totally work is “Rent-A-Puppy”. If you combine Nap Experience with Rent-A-Puppy experience you might be able to take over the entire world!

So, hit me in the comments below – are you Pro Nap Experience or Con Nap Experience?

 

The Talent Fix Now Approved for @SHRM CP & SCP Recertification Credit!

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By now I hope you know I wrote a book! If not, guess what I wrote a book! The Talent Fix: A Leader’s Guide to Recruiting Great Talent is a top-rated Talent Acquisition book on Amazon and the best selling book at SHRM’s Talent Conference (Top 8 at SHRM National, which was really cool!).

Also, it was recently approved for SHRM CP and SCP recertification credit!

So, you buy the book. You read the book. And SHRM and I will approve you for recertification credit of your SHRM CP or SCP! Okay, I have really have nothing to do with approving your SHRM CP and SCP! 😉

One Big Takeaway

I had a reader reach out to me last week. They just got done reading the book and they shared one of the big takeaways they got from the book, and it wasn’t one I would have expected!

When you think of Employment Branding and Recruitment Marketing (Chapter 7) we tend to think that it’s first Employment Branding (EB) and then it’s Recruitment Marketing (RM). In fact, these two functions within Talent Acquisition are really completely separate!

This reader, like most us, believed these two were attached at the hip. You first created your EB, you then used RM to get your EB shared to the audience you were going after.

After reading my book she realized these two functions really have nothing to do with each other. Both can live without the other. You can use a great RM strategy to promote your jobs and organization and get very good results.

You can create an awesome EB and share that with candidates without any type of RM strategy or technology and it can be great. There is no need to have both, but both working together create a synergy that one does not have without the other!

Create a great EB and create a great RM machine and you will see results that are far better than anything else you’ve done. Far too often I see organizations that focus most of their effort and resources on one side and not the other.

I naturally put these two together within the chapter because I would never do one without the other. It doesn’t make sense to me, but you can. In reality, we all have an employment brand within the market, whether you actually created it or not.

Many times we internally think way higher of our EB than the actual market in which we are hiring gives us credit. Most of us will have an EB that the majority of our hiring audience has no idea about. Which is why a great RM strategy is critical to finishing off great EB work.

You can do one without the other, but rarely will it ever make sense.

Okay – that’s like 1/16th of a SHRM CP or SCP credit – go buy the book and get the rest!

Career Confessions of Gen-Z: Diversity of Experience Is Truly Valuable

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Growing up, I was not exposed to the most diverse community. I love my little Michigan town, but it’s pretty white. My parents tried to help me experience diversity growing up; they let me go to Japan for an exchange program in 8th grade and let me go off to college in New York. It wasn’t until these experiences that I was truly exposed to communities that were vastly different than my own.

Recently, I got the chance to attend a Diversity and Inclusion Event at the Charles H. Wright Museum of African American History in Detroit through my internship at Quicken Loans. While there, I watched 2 different panels of QL employees speaking on the importance of diversity and inclusion within QL and the workplace.

One thing that really stuck with me from this event was when one of the panelists said: “We don’t hire people to check off boxes”. All of the panelists discussed how the diversity of experience was essential for diversity and inclusion to thrive. This really caused a shift in mindset for me.

Growing up, I thought that being diverse was simply the inclusion of people from all different backgrounds and communities. While that is a huge part of diversity, being of a diverse background is only one part of having diverse experiences.

I get that I’m not a minority. I’m a white male that is from a middle-class family in the MidWest. We’re a dime a dozen out here. But this helped me see that just because I’m not of a minority ethnicity or gender or some other quality doesn’t mean that I’m not diverse. Creating a background of diverse experiences is how someone like me can become more inclusive.

I believe that it is essential that we instill these values and this knowledge of diversity in Gen-Z. We are in a world that is more diverse than ever before. We need to create an environment where going out and having diverse experiences is celebrated and isn’t feared. It is vital that our educators and leaders are instilling a celebration and appreciation of diversity in their students and employees.

I’ve always known that diversity is important. But now I understand why. Bringing people together of different backgrounds and with different experiences is where you get s*** done and you get it done well. And that’s pretty freaking cool.

 

This post was written by Cameron Sackett (not Tim) – you can probably tell because it lacks grammatical errors!

HR and TA Pros – have a question you would like to ask directly to a Gen Z? Ask us in the comments and I’ll respond in an upcoming blog post right here on the project. Have some feedback for me? Again, please share in the comments and/or connect with me on LinkedIn.

The Candidate Bill of Rights (revisited)

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In November 2010 Monster.com asked me to write a post on a hot topic at that time a “Candidate Bill of Rights“.  Needless to say, I’m not a huge fan of a Candidate Bill of Rights – I’m a Capitalist and believe in a free-market system of HR and Recruiting.  Here was my main point then, and what they are still today:

Candidates –

You Don’t Have To Apply:

  • If we have a crappy working environment – you don’t have to apply
  • If we don’t pay appropriately for the market – you don’t have to apply
  • If we don’t give my employees opportunities for growth – you don’t have to apply
  • If we don’t treat you like a human – you don’t have to apply
  • If we don’t give you a full job description – you don’t have to apply
  • If we don’t tell you every step of the process – you don’t have to apply

You Don’t Have To Work Here:

  • If we make you wait endlessly without any feedback – you don’t have to work here
  • If we make you an offer that you don’t like – you don’t have to work here
  • If we don’t offer the right work-life balance – you don’t have to work here
  • If we give you a bad Candidate Experience – you don’t have to work here

Candidates – if any of the above is true – you have some decisions to make:

1. Can I live with what I know about the company and the experience they put me through to get this offer?

2. IF SO, do I want to come and work for the company?

3. IF YES – welcome aboard, you’re coming on ‘Eyes Wide Open’

4. IF NO – thanks, and good luck, we’ll keep trying to get better in case you want to apply again some other time.

You see we all have choices. If you don’t like the way I’m treating you as a candidate, don’t come and work at my company.  I would hope that most HR Pros are smart enough to get this fact. Treat candidates like garbage and they’ll stop applying for your jobs, thus making your job all the more difficult to fill.  That might be a bit pie-in-the-sky thinking because I also know way too many HR/Talent Pros that don’t get this!

They have a little bit of power and have decided to torture candidates with painfully long and arduous application and selection processes that aren’t helpful to their own companies, statistically, and definitely aren’t helpful to the candidates.  During a recession, they don’t see much impact from these horrible processes, but eventually, the tide turns and face the results of their actions.  Karma is a bitch!

So, do we need a candidate bill of rights? No!  Do you need to spend a ton of time, effort, and resources on candidate experience? No, as well!  Don’t go right ditch-left ditch and start over correcting.  Treat candidates like you would want to be treated.  Or don’t, and pay the price! Have a few standards and etiquette, and some manners.  It’s not hard and it’s not expensive.

Rehabbing Your Career In One Easy-ish Step! #8ManRotation

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It’s been a while since I written about HR and sports! It’s one of my favorite things to do. There are so many great sports stories in our lives that give us great insight into possible solutions we can actually use in real life.

This most recent example comes to us from the land of the NBA (National Basketball Association). Right now in the NBA, it’s the offseason where all the big trade deals and free-agent signings happen. You might have heard of a little-known player, Lebron James, going to the Los Angeles Lakers! This post is not about LBJ!

This post is about a player coming off a bad injury, DeMarcus “Boogie” Cousins, who played for the New Orleans Pelicans last year, and, before the injury, was arguably a top 25 player in the NBA. His numbers last year were 25 points per game, 12.9 rebounds per game, and 5.4 assists per game! Those are giant numbers.

He tears is Achilles tendon and he is becoming a free agent this season. So, he’s got a problem.

No team wants to really give him a long-term contract, because that is a bad injury and they aren’t sure how he’ll come back, plus he won’t really be ready until January, so he’ll miss part of the season. He’s only 27 years old, so he is fairly young, but big guys don’t have a great track record of coming back from this injury.

So, what should he do?

He signs a one-year, veteran mid-level exemption contract for $5.4 million. Which sounds like a lot, but in reality, he’s probably worth $20 million+ per year for 4 or 5 years if he’s not injured.  He signs this contract with the NBA Champion Golden State Warriors, who already have the best roster on the planet!

Why?

This is about rehabbing his career and rehabbing his image.

Boogie hasn’t been known as the best player you want to play with or coach. Golden State is known to be the best “team” in the NBA, in that they have mega-stars who take on roles and play within the system, and they win, and they have fun doing it. Boogie needs a place that will let him come back slowly, and not have huge pressure on him to carry a team. He also needs some of that Golden State shine on his personality to show other teams he can play with other stars and be coached.

Most people would not have done what Boogie is doing!

Boogie could have gotten more money and probably multiple years, at a discount, from some teams that are struggling and willing to take a risk on a potential superstar if he comes back strong.

Most people would have taken the longer contract and more money, but that’s not how you rehab your career!

If your career is at a bad spot there is really only one great way to rehab yourself. You got to work for the best brand/organization that you can, at whatever position they’ll hire you in for, even if that means you take a huge pay cut to do it! In a great organization, you’ll be able to move up quickly, or move to another organization and continue your path back up.

Boogie going to Golden State isn’t about winning a championship or signing a long-term deal with them. They don’t have the room for the level of deal he’ll sign. It’s about a short-term stop to rehab his body and his image, so he can sign a mega-deal next season. Be willing to put yourself into the best organization for less money, and long-term it will pay off for your exponentially!

Career Confessions from Gen Z: How Painful is Your Onboarding?

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One of the most painfully awkward experiences of my life was my college orientation. I remember being so excited to go; this is the start of a whole new journey where you’re supposed to meet all of your lifelong friends and become a whole new person! I failed to remember that forcing a group of 17 and 18-year-olds to try and become friends in an 8-hour time span probably won’t work that well. Not only did I have to suffer through one college orientation, I had to do ANOTHER one when I decided to transfer to my current school. College orientations are absolutely necessary but absolutely agonizing.

Since I detest college orientations, I am not looking forward to the lifetime of onboarding processes that I will have to endure. The average person will hold 12-15 jobs in their lifetime, and Gen-Z’ers will definitely raise that number significantly. I’m already on my 5th job and I’m 19! While I may need to accept the fact that I have many onboardings ahead of me, here is what I suggest to make them as painless as possible for everyone involved:

  1. Short and Sweet: The general rule for all onboardings should be the shorter, the better. Just because you have a full day set aside, doesn’t mean you need to use the whole thing! Many people hold the same resentment to onboardings and orientation as me and will immediately forget approximately 97% of the information given at these sessions. So, instead of spending more time droning on, have your employees get started and let them figure things out as they come!
  2. Specificity is key: I get that there’s a lot of general information that needs to be relayed to your employees, but the more specific you can be with every person’s individual needs, the better. Not only is it more efficient because it is straight to the point, but it will force your onboardie’s to pay attention because the information directly applies to them!
  3. Food, food, and more food: If you are going to make your new employees sit through a full day of onboarding, there better be food. And not just some crappy sandwich platter. Food is essential in keeping your new employees awake and alert. Also, coffee, soda, or other refreshments should be widely available as well.
  4. Cut Out the Fluff: While preparing onboarding procedures, do your best to cut out all non-essential information. We don’t need an hour presentation on your company’s culture. Let us live and learn by experiencing it ourselves!

The goal of an onboarding process should be to make everything as clear as possible to your newbies. You don’t need to get us excited about working or pump us up: odds are that us Gen-Zer’s are already excited because it’s our first real job! I just started my internship this week and I didn’t need the constant pump-up music and overdone cheering and applause (for literally everyone and everything); I’m already excited to start! So, stuff us with junk food, coffee, and essential information and then send us on our way to get started!

This post was written by Cameron Sackett (not Tim) – you can probably tell because it lacks grammatical errors!

HR and TA Pros – have a question you would like to ask directly to a Gen Z? Ask us in the comments and I’ll respond in an upcoming blog post right here on the project. Have some feedback for me? Again, please share in the comments and/or connect with me on LinkedIn.

4th of July funny t-shirts! (Warning – prepare to be offended!)

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So, basically, in America, we celebrate our independence by grilling hot dogs, drinking beer, blowing stuff up, and buying t-shirts that somehow make us feel more patriotic than we really are. In recent years, the 4th of July t-shirt game has been getting very serious! Here are some of the ones that make me laugh!

Okay, this last one just made me laugh, but it mostly has nothing to do with the 4th of July, mostly…

Happy 4th of July, my friends!

Be safe!

The Grass Isn’t Always Greener…

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This is HR’s go-to advice for employees who put in their two-week notice, especially if that employee is heading to a competitor:

“Just remember! The grass isn’t always greener!” 

HR is mostly right. I’d say here’s the actual breakdown of ‘greenest’:

  • 50% is actually about the same shade of green. You’re moving to just move. You’ll find the job, the people, the money, everything is almost the same. The only change is the name and maybe the location by a bit.
  • 30% is going to be a nice shade of light brown, meaning the grass isn’t green at all, it’s dead! HR wants to believe this number is higher but it’s not, but it’s high enough to give some folks some pause before making such a big decision.
  • 10% is way greener! Like green M&M green. Dream job green! Everything is better and you’re so happy you made the move. You found your dream job!
  • 10% isn’t grass at all. Someone replaced the grass with some other material, like in Phoenix where grass can’t grow so they pave the front yard and paint it green, or just put in rock and cactus. This is completely something you didn’t expect. You were hoping for a better job, and you got something that isn’t better but not worse, it’s not even the job you expected, so you can’t really compare.

So, you have about a 10% chance of getting what you think you’re getting. Not good odds, but like I said, most employees way overthink their odds on this and probably believe they have a 70-90% of bettering themselves when they move. Most will just stay the same or get slightly worse.

Why do we believe moving is better?

1. You’re being sold. Sold by a recruiter and a hiring manager that you’ll be moving from a trailer park to Disney World. You really, really want to believe that’s true, so you buy!

2. You over-value that what we don’t know, over what we already have. This happens in so many areas of our life. Relationships. Jobs. A table at a restaurant.

3. You over-value what others have, over what you have. Think about this for a minute. You’re so eager to get out of this job, yet others are so eager to get this job. What does that say? You’re brilliant and everyone else is an idiot? Probably not. The truth is usually somewhere in the middle.

Everyone keeps telling me all these ‘new’ young workers just want to jump from job to job. They don’t have loyalty, etc. The reality is much less about their desire to move, and more about them being more naive to the realities of changing jobs.  We all loved changing jobs until it backfires and you leave something good, for something crappy.

Once that happens, you’re less likely to change jobs the rest of your career, even if you’re in a bad job! Don’t underestimate what you currently have. It’s probably way better than you’re making it out to be, and the new gig isn’t as good as it sounds. That’s not sexy, that’s just reality.