College Students Don’t Know You Want Them!

For part of my career, I did the standard corporate college recruiting gig. It sounds “super-cool” when you first think about it. “Wait, I get to fly around the country and go the best college campuses and recruit people who actually want to be recruited?!”

The reality is college recruiting as a corporate recruiter is much less sexy. Think a lot of Courtyard Marriotts, a pizza, and a six-pack, while you watch crapping hotel TV and follow up on work email. Then wake up early and get to the next campus. You quickly begin to hate travel, hate college campuses and miss actually being in the office!

But, corporations believe they must be on campus to recruit the best and brightest college students. Here where the problem begins. College students don’t even know you’re there! A recent study by Walker Sands found out that the majority of college students don’t even know you were on campus:

Walker Sands’ new Perceptions of Consulting Careers study, 56 percent of college students don’t even know if consulting firms recruit at their school. On top of that, 82 percent feel that major firms only recruit from a limited group of select universities.
Okay, this study focused on consulting firms, but the reality is the students don’t really know the difference between Deloitte and Dell when it comes to getting a job!
What can you do to make your company stand out and be remembered while you’re on campus? Try these five things:
1. Develop a Pre-visit communication strategy. Work with the schools you want to recruit from most to find out how you can get your message in front of them (email, text, student newspaper, billboards on campus, etc.). Each school has a way to reach every student, you need to find out what that is, and how you can tap into that, even it costs a little money.
2. Come in early and take over classes in the majors you’re most interested in. Professors are like most people, they don’t want to work hard if they don’t have to. So, if you build 45 minutes of great content, most Professors will let you ‘guest’ lecture as long as it’s not one big sales pitch. Come up with great contact professors will find valuable for their students, then go deliver it the day before the major career fair. Then invite each class to come see you.
3. Make a splash in high traffic areas the day of your visit. College kids haven’t changed much, they like free food and drink, free stuff, basically anything free! So, find the highest traffic area on campus and give away free stuff college kids will like. If you’re only interested in one specific school within the university, find out where those students hang out.
4. Stay a day later after everyone else leaves. Whether it’s the day after or even another time altogether, find a time to be on campus when you don’t have any competition to getting your message out. 99% of employers only show up on career fair day. Stand out and be the employer that is there when no one else is!
5. Post-visit communication strategy. Most organizations never contact the students who show interest in them after they leave campus.  They’ll contact a handful of the ones who stood out to them, but so is every other employer. Recruiting kids after you leave is more important than the time you spend on campus. Most kids will see 20+ employers and will only remember a couple. If you stalk them after the fact, they’ll remember you!

HR Pros – Stop it! Facts Really Don’t Matter

If I know one thing in life, it’s that HR Pros LOVE facts!

We are the Queens and Kings of CYA, and nothing covers your backside better than a whole bunch of facts written down on a form, with copies of emails, and signatures on forms that said you understood what you signed!  It’s HRs little piece of Heaven.

So, you can understand why this recent study from Dartmouth has me concerned:

For years my go-to source for downer studies of how our hard-wiring makes democracy hopeless has been Brendan Nyhan, an assistant professor of government at Dartmouth.

Nyan and his collaborators have been running experiments trying to answer this terrifying question about American voters: Do facts matter?

The answer, basically, is no. When people are misinformed, giving them facts to correct those errors only makes them cling to their beliefs more tenaciously.

Here’s some of what Nyhan found:

-People who thought WMDs were found in Iraq believed that misinformation even more strongly when they were shown a news story correcting it.

-People who thought George W. Bush banned all stem cell research kept thinking he did that even after they were shown an article saying that only some federally funded stem cell work was stopped.

-People who said the economy was the most important issue to them, and who disapproved of Obama’s economic record, were shown a graph of nonfarm employment over the prior year – a rising line, adding about a million jobs. They were asked whether the number of people with jobs had gone up, down or stayed about the same. Many, looking straight at the graph, said down.

-But if, before they were shown the graph, they were asked to write a few sentences about an experience that made them feel good about themselves, a significant number of them changed their minds about the economy. If you spend a few minutes affirming your self-worth, you’re more likely to say that the number of jobs increased.

Why is this research important to HR Pros?  It shows us that your facts aren’t really the most important factor in trying to influence a decision one way, or another.  As HR Pros we tend to get ready for the ‘big meeting’ by getting all of our facts in line and making graphs for the PowerPoint presentation.  When in reality, you should be working on your delivery.  You could present total B.S. but in a way that is persuasive and has a better chance of getting your way than presenting your facts in your normal way!

Let me put this another way — if your executives think your recruiting function is broken and you can’t find talent, you presenting facts that say otherwise, won’t change their mind. In fact, they actually might think you’re even worse than before! No matter how clear your facts tell a different story.  What do you need to do?  You need to do a better job marketing how your function has changed.  Make them believe you’re now different. Speak different, act different.  Even if you continue with the same processes, you need to develop an internal department marketing plan that you’re not the same department!

Our perception is our reality.

T3 – What the Hell is Artificial Intelligence in HR?

The HR Technology Conference is in Chicago this year from October 4-7 and I’ll once again be blogging live from the show. As I’m preparing and scheduling meetings with various vendors one thing have become perfectly clear, I’ll be doing a lot of talking about “Artificial Intelligence”(AI).

You know AI, right? The stuff we see in  movies in the future where computers and robots begin the think for themselves then very quickly understand that humans are inadequate so they ‘decide’ humans are no longer needed and only machines should run the world. Yeah, That AI! Sounds like the perfect HR replacement!

Okay, I’m only half joking.

So, what the hell is AI in HR, really?

The actual definition of Artificial Intelligence is simply, intelligence exhibited by machines. That’s pretty broad, but now you see why the movies have taken this to resemble human-like robots and overly aggressive computer programs with condescending attitudes. The greatest ‘real’ example of AI is IBM’s Watson (see the video below).

Artificial Intelligence in HR is designed to take and transform data into ‘humanized’ formats that we can easily digest and take action on. You will see this every day in the predictions and suggestions that your HR and TA systems make for you. A simple example would be pre-hire assessments that predict once candidate could possibly be a better hire than another candidate. This is AI for HR.

Not quite robots taking over your job, but it helps put into context the buzz word “Artificial Intelligence” is quickly becoming in HR and TA.

AI is moving into almost every kind of technology we’ll use in the next few years. There are systems on the market that can now, fairly accurately, tell you which of your employees will be next to leave your organization. Where you should be building your next call center. What groups of employees when paired together in a team will develop your next best selling product or service. That’s all really cool!

But, it’s still not robots taking over the world because they find you inadequate, yet!

So, get ready for the fall conference season knowing you’ll hear two things a lot as HR and TA vendors do their annual ‘let’s talk over your head’ by using really fancy, mostly made up, terms to make you think are tech is something you must have. “Machine Learning” and “Artificial Intelligence” (which are basically the same thing) will be shoved down your throat at an alarming rate!

While the sales pitch might be lame, you know I love the technology. Predictive technologies are the next level technology for most HR and TA shops. The challenge we all have as leaders and pros is trusting what the technology is telling us.  We still want to believe we, the humans, are smarter than the machines. Unfortunately, we are not.

The organizations who can get themselves to trust the technology the fastest and follow the recommendations, consistently, not just when it ‘feels’ right, will be out in front of everyone else. So, don’t get intimidated by AI or Machine Learning. Embrace the cheesiness of your local HR and TA vendor salesperson. Who knows, next year a robot might be selling you your software!

How the Largest Company in the World does Employment Branding!

Everyone loves to dump on Walmart. They’ve done enough in their past to make it easy, but I love to tell people working in HR or TA at Walmart is probably the toughest HR or TA gig on the planet! Why? Because of the challenges they face with their brand!

That’s why this recent Employment Branding video done by their CEO is freaking BRILLIANT! Check it out:

It’s clearly a take off on Jerry Seinfeld’s web series “Comedian’s In Cars Getting Coffee” (which is awesome).

I mean really! Can you imagine going to your CEO and saying, “Hey, Doug, we’ve got an idea? We’re going to have you drive around with Ted in his used Toyota Camry. We’ll video it as he asks you random questions and tries to make you act like a fool. Sound good?” How do you think your CEO would react? Would you even get into the CEO’s office to ask!?

It’s really hard for a CEO of the world’s largest company to come across like a normal person! But, Doug McMillon does it perfectly! Is it me or is McMillon, way too close to “McMillion”!?  Maybe just a coincidence…unfortunate last name for a CEO of the world’s largest company! (FYI – Doug made $19 “million” last year)

So, what did we learn about Walmart and Doug?

– Doug takes a nap on Saturday afternoon after returning from work. (Man of the people – we all want to take a nap on Saturday afternoon!)

– Great Chewbacca impression. (Willing to make fun of himself – not your normal CEO)

– Walmart overuses phrases like every other corporate, and Doug will make fun of it. (Willing to make fun of Walmart in a respectful way.)

– Walmart doesn’t need to ‘remake’ itself, it needs to remember who it is. (Founder’s culture – Sam Walton knew what the hell he was doing, let’s remember that.)

Basically, Walmart just gave you a perfect guide on how to brand yourself to your possible talent pool! If your leader can come across this way, the hope is those under him will follow the lead. It’s not easy. They have a ton of work in front of them, but this is a great first step!

Toughest job on the planet – HR and TA at Walmart. You think you’ve got problems? Try managing an organization that has 2.1 Million employees, runs on razor thin margins and has to be customer-first focused.

Kudos to Doug and the EB Team at Walmart on the video!

 

Should Employers Be Looking for Lifetime Employees?

I think we all are being sold a big fat bag of lies!

Okay, not lies, but definitely a very narrow skewed view of the truth. Case in point, you are now supposed to believe that you don’t want to work for one employer for your entire career.

Do you know why you’re supposed to believe this?  Because idiots like me, and the media, keep spoon feeding you study after study that shows younger generations don’t want to work at the same employer for their entire career.

Okay, I get that. When I was 23 I didn’t know what I wanted to do next weekend, let alone 40 years from now!  But, because younger generations want this, now we all want this, apparently.

This isn’t just an employee issue either. Organizations are now supposed to believe they no longer want lifetime employees. You, as an employer, should just sit back and watch employee after employee walk out your door to do the exact same thing at your competitor. This is the world we live in, Tim. Why would I want an employee to stay with us for 40 years. I need to get fresh eyes and new experiences into our organization.

I recently met with a very successful employer in southern Indiana. A tech company that most people will never know, even though they have stuff in your computer you use every single day. They’re basically a ‘guts’ company. They put high tech stuff into stuff you use but never see. They want lifetime employees.

They take an extremely long time to hire. Fit to them is paramount.  If one thing doesn’t ‘feel’ right with a candidate, they’ll wait to find one that does ‘feel’ right.  It’s a strong culture organization. Proud people, almost zero turnover and they are highly profitable. They walk away from talented candidates all the time. Skill is important, but it’s not as important as fit.

There are not enough of these organizations left. Too many organizations today are only hiring for skill. When you only hire for skill, you get the work environment younger generations are telling you they want. One where they don’t want to stay forever!

When you hire for fit as your primary focus of selection. Meaning, skills are important, we want smart people, but all things being close to equal, fit will determine the hire. Fit is so important that if we can’t find the ‘right’ fit, we’ll leave the position open until we can, regardless of skill.

Here’s my deal, I think employees do want to work for one company for a lifetime.  I think the reason you see anyone leave your organization has very little to do with them not wanting lifetime employment  and a ton to do with how they fit in an organization. Sure, you’ll always have talent that is capped out and needs to move to grow, but even then I think those people would prefer to stay and grow.

Hire for fit. Teach the skill. Enjoy high tenure, high performance, and better profits.  So, yeah, start looking for lifetime employees!

Student Loan Debt will end up being an Employer Problem

Take a look at this chart:

Screen Shot 2016-08-10 at 2.05.48 PMBasically, what this chart is showing you is that America has a massive student loan debt problem.  Want to know what the next ‘housing crisis’ will be?  It’s right here in this chart!

The average student is now leaving college with over $35,000 in debt. This has a trickle down effect that college and universities could care less about, the government could care less about, and every Presidential candidate could truly care less about.

I have friends in High Education who will be pissed I say that colleges don’t care about this problem, but they don’t. They’re in the business of empire building. Listen to Malcolm Gladwell’s podcast “Revisionist History“. He does a three-part series on how broken higher education is, and there is no easy way out!

Don’t kid yourself, Hill or Trump, isn’t going to help those in debt. They might try to solve this issue for future students, but those poor saps who already signed loan agreements will be on their own! You can take that to the bank.

So, this becomes your problem, the organizations, and companies that hire all these graduates with all this debt.

How is it your problem? 

1. Debt causes stress.

2. Stress causes problems – lack of productivity is just one that will directly impact all organizations.

3. You have to solve the biggest problems in your organization.

4. This will soon become your biggest issue.

5. Financial wellness programs aren’t equipped to handle a problem of this magnitude!

What should you do?

Do you really want to know? This might not be very popular!

Stop requiring a college degree for employment in your organization. Companies and organizations have actually contributed to this problem. It’s the college or prison mentality we’ve forced upon kids. “You must go to college or you’ll have no options!” Well, except for almost any position we hire for, but we’re lazy and like to use an arbitrary piece of paper as a screening tool.

Develop ‘Apprentice’ programs for a modern age. Why don’t we have Sales Apprentice Programs? Bright-eyed-bushy-tailed kids right out of high school who still believe they can be anybody. Why aren’t we teaching them ourselves?  No, let’s send them to college to learn how to drink beer first, then we’ll teach them on our own. You could do the same thing for almost any role you have – many engineering/technical roles included!

Develop programs that assist your employees in paying down this debt faster and with less interest than they currently have. Yes, there is a retention aspect to this. Yes, this will require some service as a payback. Yes, this will help your employees be less stressed!

All of these cost money to organizations and companies, but you need to make a choice. Do you want to control that cost yourself, or do you want to deal with in the future for everyone you hire? It used to be that companies invested into their workforce. Then we got lazy and tried to throw this onto high ed. Turns out that doesn’t work too well.

Get ready kids! Employees with big giant monthly debt payments are coming your way and they won’t be very happy when the reality of what they did comes crashing down upon them. Have fun with that!

 

How did Monster Lose Out in the Job Board Wars?

I’ve been a Monster customer for at least fifteen years.  I’ve used Monster in four different companies that I’ve worked for. I also use (or have used) CareerBuilder, LinkedIn, Indeed, and Dice. So, I’ve got experience dealing with large spends on the Job Board side.

Having a presence on Job Boards is part of almost every recruiting strategy that’s out there, it’s one place most organizations need to be, I truly believe that. If you’re not, you’re going to miss a pool of talent.

For those who don’t know Monster was purchased this week by multi-national staffing and RPO firm Randstad. I’m not going to speculate on why Randstad would buy Monster, but there’s no doubt Monster had a ton of data and clients that a staffing firm would find desirable.

My question is why did Monster lose out in the Job Board Wars?

In the big Job Board game, there are really only three players: CareerBuilder, LinkedIn, and Monster. Dice and a bunch of niche players in that category will always be around if they can actually attract talent to their niche. Here is the reason I think Monster couldn’t keep pace with CB and LI:

The Sales Team: Flat out job boards need to sell job postings, resume database memberships, branding opportunities, etc. CB and LI are modern day sales sweatshops! Monster barely recognizes I’m a customer and a fifteen-year customer. I know three levels of CB sales people on my account. I can’t tell you the last time I even got an email or call from Monster! LI is similar to CB. They constantly hawk me to buy.  In a game of three, the ones who can outsell the others will win.

At least quarterly I sit down live or on a call with my CB rep to take a look at metrics and how my team is utilizing their platform. Did I mention I never get a call from Monster? During these calls with CB I get numerous suggestions on how we can get better. Many times they’re trying to upsell me for more product, sometimes that works.

I get contacted from LI at least six times a year on various solution selling types of things for my business. I get invited to webinars constantly. The CRM machine for LI is strong. A little different than CB, which is more high touch, but LI’s selling automation is relentless.  As is Indeed’s. Indeed is another player in this game that has made all the job board players up their game. Their sales team took a page right out of CB’s selling book. I get at least a call a month from CB.

I got one call from Monster last year. It was to renew my contract. The call came from a person who I didn’t know and who didn’t know who I was or my business.

You can have the best brand (and I would argue of all the job boards Monster has the best brand), the best technology and the coolest stuffed animals to give away, but if you don’t sell, you’re going to get bought by a staffing firm for pennies on the dollar of what you really could be worth.

 

T3 – @NamelyHR – HR software for Humans

This week on T3 I review the SMB HRIS technology Namely. Namely is a core HRIS system for growing and midsize organizations. Along with the core HR function Namely also does Payroll, Benefits, and Performance Management. You get a lot for a system originally designed to serve the SMB market, plus with their open API model, Namely easily integrates with other Saas software you use, like your ATS, background check technology, etc.

Namely was designed to be an HRIS system that your employees will use, not just HR. You’ll notice it has a social media-esque feel to it that will put your employees at ease when logging in and using the platform. One big differentiator for Namely is their integration with benefits brokers, and their ability to act as your broker as well. About 35% of Namely clients use them for their benefits, so online Open Enrollment is a given within the platform.

5 Things I really like about Namely:

1. Performance Management is a great addition to the core HRIS. Namely was built to be your core HRIS, but their performance management is really good. Create goals, cascade those down across departments and managers, track, review, etc. Plus, the system will auto-communicated out to managers and employees when goals are reached, progress, etc.

2. Organization Chart Management. This wasn’t something I was expecting from Namely and it’s not super robust, but to have this functionality in a core HRIS system for smaller organizations is really nice, and so many want this, especially those in fast-growing organizations.

3. Benefit Integration. It’s one thing to have a system that will work with your benefit’s broker, it’s another to have one that will actually do all the benefits as well! Namely works exceptionally well at managing your benefits because it’s set up to do this on its own if you choose. If you want to maintain your current broker, the system will work with them. One of the better interfaces for a core HRIS around this function.

4. Time card functionality and electronic signature. Again, for growing organizations these are must haves and Namely delivers.

5. Robust Reporting. Namely allows you to pull anything out of their system in customizable reporting but also builds most of you what you need including ACA reporting, payroll reporting, benefit plan summaries, etc. Easy to navigate and build what you need.

Namely is designed for small to medium sized organizations that don’t have huge HR teams. The platform is easy to use and is built for your employees to be able to navigate around and get what they need without a ton of help from HR.

I hesitate to call this an entry level HRIS system because it’s not.  Namely will fall into that category as an organizations ‘first’ HRIS, but they’ve definitely taken it up a notch and provide way more than most HRIS systems within this segment of the market.  The benefits integration alone is far superior to most on the market, and providing performance management in a core product really sets it apart within the industry.

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 HR, 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.

Is Your Average Cost-Per-Hire $4100? @SHRM

SHRM Released their Human Capital Benchmark Report this past week and it’s loaded with a ton of metrics to compare your HR and TA operations against. The survey data comes from over 2,000 HR leaders and pros, and it’s pretty recent being collected earlier this year. Some interesting things I pulled from the report:

Average cost of hire is $4100. This seemed high to me, but when you really analyze the cost of hire and add in the cost of your staff, benefits, technology, marketing, etc., it adds up quickly. Most organizations leave out the cost of staff when they figure the cost of hire and report lower costs. I like the number.

66% of organizations report to Not having a Succession Plan.  This number shocked me because I figured most organizations would just lie and say they have one, but we know the truth, most don’t! I tell HR Tech companies all the time, if you really want to make some money, figure out Succession, because normal HR leaders can’t.

Only 55% of “Head’s of HR” report to the CEO or Owner. I would have thought this number would have been higher in the 85%-ish range. Looks like HR as a function still, has some proof-of-value to do when it comes to respect in reporting.

$10,211 is the average HR-to-Expense per FTE. This is a great number to have when building budgets as a ballpark. Don’t get too crazy, though, the median is only $1,667. That means we have an industry within HR of the “Haves” and the “Have-Nots”, kind of like America!

61% of organizations offer Tuition Reimbursement. This just seems silly that it’s not in the 90’s. No one really uses this benefit, those that do stay for a lifetime, it’s a great selling tool because people think they’ll use it. It’s ridiculous only 61% of organizations have this, it almost costs you nothing long term.

Average Time-to-Fill is 42 days! If you actually think this statistic is important you’re an idiot.  Taken out of context this metric is meaningless. 2000+ organizations, thousands of positions, hundreds of markets and industries. This number means nothing. Don’t pay attention to it and measure yourself against it.

66% of your employees participate in your 401K on average.  My goal is 100%.  It’s the one thing I know actually helps in retention, as those who participate in your retirement plan are less likely to leave your organization and have a longer tenure on average.

Click through the link above to get the report if you want all the detail, there’s a bunch more that I couldn’t fit in here and some other very interesting stuff.

One word of caution when measuring your organization and yourself against macro-data, realize you’re not ‘average’.  You are a unique and perfect butterfly. Just kidding, you’re actually less than average, statistically. Unless you’re lucky enough to work for a giant corporation with endless resources.

Great Talent Supports Great Talent

Too often leaders put up with a great talent who’s shitty to other employees. The belief is that because the employee is so talented we should be willing to put up with how they treat others. It happens all the time in organizations! All. The. Time.

Ichiro Suzuki is a very successful Major League Baseball player for the Seattle Mariners who just hit his 3,000 hit in the major leagues, that just adds to his thousand plus hits he had in the Japanese professional baseball league. All those hits make him arguably the greatest hitter of all time at the professional level of baseball.

ESPN did an article about Ichiro recently as he was coming very close to the 3,000 hit milestone in the MLB, a very rare feat. What most people don’t know is Ichiro almost left the MLB after only one season because his teammates treated him so badly:

“Suzuki explained later that in the middle of his career with the Mariners, when the team wasn’t playing well but he was an All-Star and Gold Glove winner, his teammates called him selfish and said that he cared only about individual accolades. After Griffey, Sweeney and Ibanez arrived, he says, they stood up for him and encouraged their teammates to worry about their own play first.”

It wasn’t until Seattle brought in other MLB All-Stars that Ichiro felt welcomed. Great talent, supports great talent. Okay, everyone on an MLB roster is talented, but even within those rosters, there are levels of talent. Ichiro is a hall of fame talent. Griffey is a hall of famer.

The point to all of this is your best talent should support the other best talent of your organization.  If you have great talent that isn’t supporting each other, you need to make a move. Great talent is talented if they don’t support the other talent in the organization. That might be the single most difficult thing for leaders to understand.

Your talent is wasted if you can’t find ways to lift up the other talent around you. Seattle was able to find talent that was willing to do that and Ichiro turned his talent into one of the greatest of all time, but he was also very close to just packing it in and going home.

I wonder how much talent walks out your door based on how they are being treated by others in your organization?