What’s the probability that your employees would gleefully embrace the invitation to work for free? While money is certainly a motivating factor, providing the necessary means for putting food on the table month over month, it’s not a pivotal component in driving productivity - especially once our basic needs are satisfied. It’s the aspects of the job that stimulate our intrinsic ambitions, like professional development, greater autonomy, and the ability to express our thoughts and ideas, that have a profound impact on our level of motivation.
From social networking platforms and mobile applications to new engagement strategies, HR professionals have been adapting to a tsunami of changes over the past year due to our evolving workplace. Executives have shifted their strategy; with a focus on building an internal structure that’s rooted in attracting and retaining quality talent. At the forefront of employer discussions were buzzwords like ‘engagement’ and ‘culture,’ – two areas of investment that soared to the head of business initiatives.
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Despite being a fictitious series based in a futuristic utopia, HBO’s Westworld provides an important narrative on the delicate balance between supply and demand. The plotline centers around a very John-Wayne-esque theme park where the main attraction is eerily lifelike robots called “hosts.” With dozens, if not hundreds of storylines occurring simultaneously, the park's scriptwriters must continuously concoct new and innovative ways to entertain their customers - from nomadic cowboys leading a bounty hunt to booze-filled saloon's that are home to brawling and frivolity.
With satisfied customers frequenting the western wonderland, the park experiences an uptick in revenue growth and a corresponding influx of shareholders. What keeps patrons coming back for more? The staff who run it, Westword shows us that employing the right individuals can have a transformational impact on the success of the company. converting a mere concept on paper to a full-fledged, prosperous establishment.
As an employer, navigating the turbulent waters of the recruiting process presents new learning opportunities every day. After hopeful candidates submit their resumes for review, their level of experience is typically the determining factor behind whether or not they qualify for an interview. Employers quickly scan a resume to ascertain the type of degree or certification they possess, as well as if their work history aligns with the position they applied for. While evaluating professional qualities are essential to the hiring process, most hiring managers overlook the importance of soft skills.
Whether your company is undergoing a growth spurt, replacing employees who have elected to pursue other opportunities, or simply looking for some short-term expertise on a new business endeavor, recruiting quality talent is an ever-present need. In today’s tight labor market, however, employers must adapt their recruitment strategy to fit the needs of job seekers and attract this in-demand talent pool.
There's a soft knock on your office door - one of your top performing employees peeks her head inside and asks if you have a moment to speak with her. Judging by the way she's biting her nails and avoiding eye contact, you brace yourself for a disappointing conversation. You repress your grief, plastering a 'congratulatory' smile accross your face while you reflect upon how much this employee has directly impacted the growth of the company from an economic standpoint. Futhermore, you're forced to say farewell to an individual who's culturally aligned with your organization's values.
The modern workplace, a culture-driven product of the digital era, has spawned the need for businesses to rethink their organizational structure. From a productivity and engagement perspective, traditional managerial techniques are creating inefficiencies in workflow and depleting workplace morale. When disentangling the characteristics of a sound business management model in this new generation, one crucial theme prevails: Leadership.
The workplace is replete with cultural nuances and digital advancements inspired by our ever-changing labor ecosystem. Among the elements redefining the workforce, is the desire for flexible hours to dodge bumper-to-bumper traffic or accommodate family obligations and remote opportunities. Seamless connectivity has framed the way we conduct business, leading to a surge in labor diversification, including the number of temporary, remote, freelance, and outsourced labor.