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

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!)

 

5 Ways to Create a More WorkHuman Workplace!

Okay, what the hell is WorkHuman?

I get asked that a lot as I talk about it. WorkHuman was a concept started by Globoforce, a recognition and rewards technology solution for your employees. Last year Globoforce held their first WorkHuman Conference with the focus on how do we make our workplaces better for ourselves and our employees.

They were really the first ones to drive home and start talking about the Employee Experience. Employee engagement is more than a program. We need to focus on providing a great experience for our employees, and the engagement will be there.So, what does this WorkHuman workplace look like?  I’ve got five ideas on how you can create a more WorkHuman workplace: 1.

So, what does this WorkHuman workplace look like?  I’ve got five ideas on how you can create a more WorkHuman workplace:

1. Hire glass half-full people.  You can’t teach optimism. You can’t create it. People either have it when you hire them or they don’t. High optimism also won’t guarantee you a great employee. What it will guarantee you is someone who will continue to work to get better. People are drawn to that. Hire talented people, and make sure they share your organization’s optimism!

2. Hire people who love to recognize others. Creating a culture of recognition isn’t just about giving them the tools and resources to recognize others. That will help, but you also need people who do this naturally, given no tools or resources. This is one you can also pick out fairly easy with some well-planned interview questions.

3. Get your Leaders to be human!  Normal human, not themselves! This is an easy and cheap way to create a better employee experience. Ensure your leaders get out and talk with your employees, and not the employees they usually talk with. Actually, get them out to meet and learn who your employees really are, personally. Employees love working for companies where they feel the leader actually knows them.

4. Manage outcomes, not hours.  It’s exceptional freeing to everyone when you start actually managing by results and stop believing that hours in a seat equal results.  Don’t take this as soft. Managing by results will get you to decisions much quicker than watching someone sit in a cube! But allowing people to manage their life around their work, and still produce great results, well, that’s workhuman!

5. Care about the health of your employees, not just physical. The financial wellness of your employees might have as much impact on your employees giving you their best, as their physical health. Help them manage their financial health. The stress many of your employees feel over their finances is staggering. This isn’t about retirement. This is about paying bills, childcare, student loans, buying a house, etc. Your employees are unhealthy. Like major drug problem unhealthy, and you’re ignoring it!

Want to learn more about creating a WorkHuman workplace?  The WorkHuman Conference is May 9-11th in beautiful Orlando, FL, with speakers Michael J. Fox (he’s an awesome story teller), Mr. Happy Shawn Achor, TEDx start Ann Cuddy, and so much more. $300 off your registration by clicking on this link!  Also, if you come, I promise to get up and do sunrise meditation with you! Okay, I’ll probably sleep in, but I will definitely do sunset champagne with you! See you in Orlando! 

P.S. – If you’re looking to recharge your HR batteries, there is no better HR conference to go to!

5 Habits that are making you a Bad HR Pro!

I had someone challenge me recently on my performance. It was good. It made me think about what I was really doing, and how I could get better. We all need this. We get so caught up in our day-to-day stuff, it’s difficult to sometimes realize what’s holding us back from being even better!

I started to notice habits that creep up from time to time that hinder my own performance. Also, recognizing habits of my staff that are holding them back from reaching their full potential (oh great, they are saying right now to themselves!).

This came full circle when I thought of what it is that makes great HR pros great, and what habits are holding us back as a profession, so here’s my list:

    1. You send an email (or G*d forbid text) before walking over or calling the person you want to get your message to.  HR is about relationships. If you don’t like this, you are in the wrong profession.
    2. You have a hiring hang-up.  A what? You won’t hire someone, ever, for some stupid reason – they went to State U., they didn’t shake your hand firmly enough during introductions, they worked at a job less than a year, etc.
    3. You have compensation issues.  It drives you crazy that people in other parts of the business make considerably more than you (IT, sales/marketing, etc.) for a similar line-level position.  If you want to make more money, then go into one of those areas, otherwise, shut it.
    4. You have a power complex. A what? You feel good about your “perceived” ability to control someone else’s professional life.  “Well, you better never wear those flip flops on a Thursday again or I’m going to have to write you up.”
    5. You believe HR is more important than the rest of the business. But, Tim – nothing is more important than our People!  Stop it – stop focusing on you and focus on how to help everyone else, that makes you valuable.  Use your “power” in HR for good, and make everyone else’s life easier.

Do you really want to be a better HR Pro, right now, today? I mean really?  I mean actually small incremental steps of making you a better HR Pro.

Alright then, do these things often:

  • Go talk face to face with your line peers in other functions and ask them what is their biggest challenge they are facing. Not an HR challenge (although it might be), but an overall challenge. Figure out a way to help them, not as an HR pro, but really help solve their problem (this is what “Business Partner” means for all of you with the HR Business Partner title).
  • Go talk to them again.
  • And again.

But, Tim! I don’t know anything about software architecture. So, it doesn’t matter, they’ll tell you, they will walk you through it, you’ll use your smarts to find ways to be helpful and most importantly “they” will feel supported.  And you? Well, you will be a better HR Pro for it.

6 Things That Will Make You A Great HR Pro

Yesterday, I wrote this post on a question someone asked me about How do I become a great HR Pro?  I told them to stop sucking. Then I remembered I wrote this about three years ago – it’s better than just ‘stop sucking’, although, that’s brilliant advice as well! 

The one great thing I love about going to HR and Talent conferences is that you always get reminded about what really good HR should look like.  It doesn’t mean that your shop will be there, but it gives you something to shoot for.  I’ll admit, sometimes it can be frustrating listening to some HR Pro from a great brand tell you how they ‘built’ their great employment brand through all their hard work and brilliant ideas.  All the while, not mentioning anything about “oh, yeah, and we already had this great brand that marketing spends $100 million a year to keep great!”

Regardless, seeing great HR always reminds me that great HR is obtainable for everyone.  Great HR has nothing to do with size or resources.  It has a lot to do with an HR team, even a team of one, deciding little by little we’re going to make this great!

I think there are six things you need to know to make your HR department great:

1. Know how to ‘sell’ your HR vision to the organization and your executives.  The best HR Pros I know are great storytellers and, in turn, great at selling their visions.  If you don’t have a clear vision of what you want your HR shop to look like, how do you expect others to get on board and help you get there.  Sit down, away from work, and write out exactly what you want your HR shop to look like.  Write it long-hand. Write in bullet points. Just start.  It will come.

2. Buy two pairs of shoes: one of your employees and one of your hiring managers. Try them on constantly.  These are your customers, your clients.  You need to feel their joys and pains and truly live them.  Knowing their struggles will make you design better HR programs to support them.  Support them, not you.

3. Working hard is number 1.  Working smart is number 1A.  Technology can do every single transaction in HR.  Don’t allow tasks and administrative things be why you can’t do great HR.  Get technology to do all of this busy work so you can focus on real HR deliverables.

4. Break something in your organization that everyone hates and replace it with something everyone loves.  This is usually a process of something you’ve always done, and people are telling you it still has to be done that way. Until it doesn’t, and you break it.  By the way, this doesn’t have to be something in HR.  Our leaders and our employees have so many things that frustrate them in our environments.  Just find one and get rid of it.

5. Sometimes the path of least resistance is the best solution. HR people love to fight battles for the simple act of fighting the battle. “NO! It has to be done this way!” “We will NOT allow any workarounds!”   Great HR finds the path of least resistance.  The path of greatest adoption.  The path which makes our people feel the most comfortable, even if it isn’t the path we really, really want to take.

6. Stop being an asshole. You’re in HR, you’re not a Nazi.  Just be nice.  We’re supposed to be the one group in our organization that understands.  Understands people are going to have bad days and probably say things they don’t mean.  Understands that we all will have pressures, some greater than others, but all pressure nonetheless. Understands that work is about 25% of our life, and many times that other 75% creates complete havoc in our world!

Great HR has nothing to do with HR.  Great HR has a lot to do with being a great leader, even when that might not be your position in the organization.

How do you become a great HR Pro?

From The Project mailbag:

Tim,

I’m a recent HR graduate and I want to be great in HR.  How do I become a great HR pro like you? Is there certain things I can do, read, etc.?

Marcy

***************************

I get asked this kind of question a lot.  I want to be a great HR pro. What do I need to do?

Ugh! That’s a hard question. There’s a lot of things you can do. There’s a lot of things you have no control over. 

S0, what do you need to do?

Just start doing great HR work! Stop waiting around for someone to allow you to do great HR work. If you want to be great, you have to show people you can be great. 

Derek Jeter didn’t wait around for someone to let him show them he was a great ShortStop. He just went out and played Shortstop. He made mistakes. He corrected those mistakes. He just kept doing it. 

You need to go ‘play’ HR. You’ll be bad at some of it. You might actually find you’re pretty damn good at some of it.  The more you play, the better you’ll get. It’s probably unrealistic you’ll be great right off the bat, but who knows, you might.  

You’re going to find that most HR pros don’t become great because they wait for someone else to tell them what to do.  You won’t become great waiting to be told what to do. You need to find out what to do on your own. How do you do that?

Educate yourself. Network with other HR pros. Find out what others are doing, and what’s working and what’s not working. Start testing things in your organization in small ways. If it works, test it in a bigger way.

Ask the people in your organization that are in charge of driving or generating revenue what they would do if they ran HR. Try some of those things. Ask them what roadblocks they have in the organization. Then work to break those down.

Walk away from other HR peers who seem to hate HR.  Great HR pros love HR. They love being involved and making a difference. They are not happy with keeping things the same.

How do you become a great HR Pro?  You just have to go and do it. If you do enough stuff, you’ll find some things that are really good. Do more of those. Do less of the stuff that sucks. Being great is really easy. More good stuff, less sucky stuff! But, you have to do stuff.

HR Leaders, It’s Your Job to Get them an Audience

HR thought leaders and bloggers laugh at posts like this. The seat at the table post. We’ve been talking and writing about this for twenty years. So, those of us who write about it, are sick of it. But, like all good writers, everything that is old is new again! I declare 2016 to be the year of Get Your Seat at the Table!

Just kidding, no I don’t, that’s stupid. Even though, I’m sure I could have gotten a speaking session at SHRM with that exact title: 2016 The Year of Getting Your Seat at the Table. The session would have been crammed with HR folks still hoping and wishing!

Even though, I’m sure I could have gotten a speaking session at SHRM with that exact title: 2016 The Year of Getting Your Seat at the Table. The session would have been crammed with HR folks still hoping and wishing!

Let’s take it a step beyond and talk about what is the job of an HR leader to their teams.

I’ve been truly blessed to work for some great HR leaders that all understood one thing, it wasn’t about getting their seat at the table. As an HR leader, it was about ensuring their team was able to get an audience, so they could get their own seat.  It was their job to make sure the door was open to the room, once inside the room you still had to fight for your own seat.

The leaders I’ve worked for had their seat at their table, but more importantly, they made sure their team had an opportunity to get their own seat, at the table that was right for them.

Don’t ever think your leader should get you a seat at the table, and leaders don’t ever think it’s your job to get them a seat! The leader creates the opportunity for an audience, it’s your job to prove you deserve that audience’s attention!

 

5 Ways to Make the Best Impression During Onboarding

Like the saying goes, “you only get one chance to make a first impression!” Well, unless you hire back a boomerang, then you get two chances, or if you fire someone, but then hire them back, you get another chance on that one as well. Theoretically, if you hire identical twins you would get two chances, but genetically it’s almost the same person.

You get where I’m going with this! When onboarding, you need to make a great impression, and for most of us, we only get one chance.

Years ago when I first went to work for Applebee’s, I actually started the week of Thanksgiving.  The timing just worked out that way, and they wanted me for the first three days of the week. When I arrived for my first day, I was blown away at how much work they did to prepare for me to come. I had all the accesses I needed, a laptop and phone ready, libraries of documents electronically that I might need in my position, a training calendar that laid out my first month of employment by the day!

It was unlike anything I had ever experienced.  It set the ground work for an amazing employment experience, that I still talk about and share, ten years later!

Not everyone has the resources that a large company like Applebee’s has, and can do what they can, but everyone can make a great first impression regardless of their size and resources! Here are some things you can do to make a great impression during onboarding:

  1. The element of surprise! This is the one idea where I think you should spend a few bucks. I love sending a token of appreciation to someone close to your new hire. A spouse, a boyfriend, a parent, etc. I’ve sent flowers to the home of parents of a new hire thanking them for raising us a great person to work with. It costs $25-30. The result is priceless! Talk about a huge win in onboarding.
  2. Don’t waste their time! Probably 80% of current onboarding can be done before the employee even shows up to work. Use technology to get ahead of the game and have employees fill out all the necessary paperwork before they show up. That way, day one,their ready to rock and roll, and not fall asleep in endless, boring onboarding meetings.
  3. Executive presence is a present! Being able to spend a little one-on-one time with your highest functional leader in your division, location, etc. can be huge your first day/week. Instantly, you feel like what you are bringing to the company and your position matter. I mean, what company allows you to talk with a high-level executive day one!? Bonus, this is free!
  4. Everybody needs a friend!Having a work mentor day one is nice, having a work friend day one is even better. I love connecting people who work in different functions. It’s really difficult to ask stupid questions to your peers. You’re new, and you don’t want to sound dumb, but someone in another area will tell you how tuition reimbursement works, without looking at you like you’re an idiot. Bonus, this is free!
  5. Check out this free webinar for even more tips! (It’s called 8 Tips for Awesome Onboarding, and it’s being hosted by the folks who make ALEX (and friends of The Projects), a benefits decision support platform I think is pretty neat. Next Tuesday, February 16, 2-3 EST.)

Anyway, onboarding doesn’t have to be fancy (or expensive) to be exceptional. People don’t come into your company expecting a parade. They come into your company expecting to go to work. It’s our job to make sure they’re ready to do that!

If I was the National HR Czar…

I think the next President should add a position to their cabinet. That position would be called HR Czar.  That person should be me, and here’s what I would do as the HR Czar.

As HR Czar I would:

Establish a National Database of No Call, No Shows on interviews.  This database would be used by all public and private employers to let each other know what idiots set up an interview, then without any warning, just decided to ditch it and not show up.  That way we could all know who these awful people are by name, address, SSN and poor professional etiquette.

Establish a National Database of No Call, No Shows on the first day of employment. Worse than not showing up for an interview, these people have serious problems and should be put on some double-secret probation.  If someone did this they would publicly have to stand out in front of this employer with a sandwich board sign stating “I’m a Loser! I Suck! Honk if you Agree!” for two straight days, before they could be hired by any other employer.

Establish a National Background Check System. This system could be checked instantly, by all employers. No more waiting 48 hours or more for information that should be accessible instantly in a database a twelve-year-old could put together in about 15 minutes.  This includes educational verification, where all post high school institutions would have to input graduates, degrees, and grades.

Establish a National Job Posting Site. All jobs, all employers, one place.  All public and private employers would be required to post their openings on this site, close them when their filled and post the name and photo of the person they hired for the position. A little transparency would help both the employers and all those people who applied and have no idea who got hired.

Establish a National Database for Candidates to Search pending, current and past employee-related litigation of an employer. You like to allow your managers to harass employees? Fine, but understand, everyone is going to know about it. Kind of like Glassdoor, but actual verifiable stuff. Each employer would have a rating, like the ratings we give restaurants – A, B, C, etc. We can make them post their rating in the window of their lobby where candidates come to interview.

Establish a CEO pay scale whereas a CEO couldn’t make more than ten times the average pay of the top 10% of earners within their company. That’s fair. That’s still a giant amount of money. I support CEOs and their right to earn a lot of money. I don’t support them making four million times more than the actual people busting their butt each day. (JFC – it sounds like I’m voting for Bernie! I’m not!)

That’s a good start! What would you do if you were HR Czar?

When Keeping It Real, Goes Wrong in HR

You might have seen this recently in the news. Three HR employees at Wyman-Gordon Company decided it would be a good idea to ‘secretly’ videotape and employee they wanted to terminate. Three HR employees who all had Master degrees in HR, and each with five years of HR experience at this specific employer:

Three employees at Wyman-Gordon company in Grafton, Massachusetts, are facing felony wiretapping charges for setting up a hidden camera with audio to record their coworker inside their workplace, reports CBS Boston.

As the investigative team at CBS Boston first reported in November, the hidden camera allegedly captured former Wyman-Gordon employee Mark Ferguson sleeping on the job. The company fired Ferguson last April.

Prior to his termination, Ferguson discovered the hidden camera in his workspace. He took it home for a closer look.

A clip he provided to CBS Boston revealed the HR employees setting up the camera. They could also be heard discussing the camera placement.

Ferguson realized if they recorded audio without his consent, it could be a violation of Massachusetts wiretapping statute. He brought the camera to the Grafton Police Department. An investigation was launched.

When I first heard about this, I wasn’t all that surprised. I assumed, wrongly, that it was some little company, with HR Pros that had no background or experience with HR. That is common in the industry. There are a ton of unqualified people running HR shops in companies that have no business being in HR.

This wasn’t the case.  All three of these guys had a strong educational background in HR and extensive work experience in HR. I will say, none of their LinkedIn profiles say anything about HR professional certification.  I don’t know about you, but my SHRM certification testing addressed this very issue!

This isn’t a small issue. These are felony charges. You can’t just go, “Oops, we didn’t really understand videotaping a crappy employee sleeping on the job was against the law. Our bad!”

Now, it was against the law, but I understand. Having to go to jail because you suspected an employee sleeping on the job, set up a camera to catch this behavior, and then actually catching the behavior, seems like it should work in the favor of these HR guys. But, it won’t.

So, what should these three HR guys have done? Just fire the employee!

Just fire the employee!  Sure, my brilliance in hindsight is 20/20, but 99.9% of HR pros in the U.S. would have just fired this idiot!

So, why didn’t they just fire him?

This is purely speculation, but my guess is they had an ax to grind with this guy. This guy probably had something over these guys, and they wanted to embarrass him. Maybe he was in a position where management didn’t want him fired, and HR was going to give them a reason they couldn’t ignore. Maybe this employee had just made HR’s life a nightmare over the past however long time.

Who knows, but it seems clear that these guys wanted to do more than just let this employee go. They wanted to shove it down his throat.

That’s when keeping it real, goes wrong!

Why Most HR Strategies Fail

 

We wear a thousand hats in HR.  Developing a good, solid HR strategy is one the hardest things you’ll ever have to do.  Most of the time, when I see an HR strategy fail it has to do with the leadership just not understanding what they should be focused on.  Then, once the focus is determined, not going deep enough to really understand it fully.

It reminds me of an old writing analogy I was told by one of my professors in college. Imagine yourself in a room that is completely black. You have a flashlight and you shine it on the wall. Within that circle of light, you shine on the wall, you can see some stuff.  It’s not clear, as you stand in the middle of the room, the light (your attention) is dispersed.

As you move closer to the wall, the beam of light becomes narrower. You begin to see more detail. Your focus became clear to what you are seeing.

The goal of writing is to make it clear to others what you are seeing.  Standing far away, you could give them some sense of what you’re seeing. As you stand closer, you can give them great detail and specifics to what you are seeing.

Great HR Strategy is similar.

You can make a strategy that is focused on everything, but rarely does that go anywhere. Most will fail. Or, you can get very specific with your strategy, ensure everyone sees what you see, and make it happen.

That is the challenge for HR leaders, moving closer to the wall, providing that clarity.