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What are some of the major challenges and trends that have been impacting the HR industry lately? Employers Are Now Dealing with The Fallout of The Actions During The Pandemic Chris Major, Global Talent Acquisition Director, Siegwerk
The past six months in particular have seen a near-full return to normal ways of working. Even China, the last bastion of COVID restrictions, has removed all lockdowns and restrictions, opening the borders and cranking up manufacturing operations. Employees the world over are now taking a deep breath and taking stock of how their employer acted during the darkest times of the pandemic – and potentially re-evaluating their commitment and loyalty as a result. Often, that is adding to the already large numbers of resignations around the world. I know at Siegwerk, employee experience was key for us – wherever possible, working from home was instituted and normalized; with all the necessary enabling technology provided. ‘Employee pulse’ surveys were taken on a regular basis, to monitor general sentiment and engagement, and above all, empathy and flexibility around time off, workloads, expectations in general. That’s paying off for us now certainly.
Continued Turbulence in The Labor Market
Instability has been the theme for a lot of people lately. For example, the past 12 to 18 months have been a roller coaster for in-house Recruiters and Talent Sources. In 2021, we saw larger companies drastically reducing their headcount. This in turn meant they would be entering into a hiring freeze, which ultimately meant they no longer needed their Recruitment teams. Then in 2022, on the back of a global economy that had started to normalize again, we saw those same companies scramble to hire back the talent they needed – and as a result they filled their recruitment teams again to help them achieve that. Then the pendulum swung yet again with the recent massive Tech layoffs, and we now see the market flooded with very good Recruitment talent. The same goes for a number of other functions, and that erodes confidence in an employers’ stability, and attractiveness as a long-term career option. I think those companies will find it even more difficult to attract the people they need in the future.
Hybrid Working and Employee Burnout
It seems that companies everywhere are trying to find the “goldilocks ratio” of time spent at home vs time spent in the office. The research tells us that even if employees say they want to work from home as much as possible, that situation isn’t necessarily the best for them, or their mental health. The quick breaks, or walks to colleague’s office, or chance meeting at the office canteen disappear when you work from home, and often get replaced by back to back meetings. It takes a conscious effort to push back on that, and to protect your time. If that doesn’t happen properly, the research tells us that it leads to burnout, which in turn leads to disengagement and ultimately turnover. Successful companies will be the ones that get this ratio right.
"Companies are focusing more on retention, and the development and education of their existing employees. This is producing a new wave of asynchronous learning tools to boost ‘just in time’ learning "
Balancing Act
Important to get the balance right between the impact we have on our employees, vs the impact they can have on us, at work. The promise we make to current and future employees is that they can join us in any role, and they will get the support and flexibility they need to make a positive impact on the world. Our goal is to give our employees the platform they need to succeed, and that means continuing to build on a culture of collaboration and support amongst employees, but also from the company in the form of increased flexibility in all areas. That increased flexibility allows our people to manage their lives a little better, hopefully leading to less stress, more time and overall, more empowered human beings.
What keeps you up at night when it comes to some of the major predicaments in the HR industry?
The Worsening Talent Shortage
We are about to face a perfect storm of talent availability. I think we are still working through the hangover from the great resignation (and even more so from the ‘great reshuffle’ where candidates started to reevaluate their priorities; changing careers or removing themselves from the labor market entirely), and now we have wider demographic shifts on the near horizon which will see our ageing population leave the workforce in never-seen-before-numbers. Employers in all industries will be caught between a reduction in immediately available talent, a sharp increase in demand for that same talent, and a looming series of retirements that will take much of that (experienced) talent out of the talent market for good.
Can you tell us about the latest project that you have been working on and what are some of the technological and process elements that you leveraged to make the project successful?
The project I am most proud of is the design, development and rollout of our new EVP – “Do it. With Heart.” Our previous EVP had been in place for almost five years, and our company had evolved and grown in many important ways over that time. We now had a clear purpose and aspirational value proposition focused on the circular economy and making a positive impact on the recyclability and sustainability of the packaging industry. We followed a process of research, then development, then launch; whereby we spoke to a representative sample of the global business to understand key drivers, needs, and wants; and then interviewed our key leadership stakeholders to identify any gaps between where we should be as an employer, and where we actually were. In this instance, perception neatly aligned with reality, and the messaging was developed out of the ‘sweet spot’ between what employees/ candidates were looking for in an employer; and what we as an employer could offer. Ultimately, it revolves around the idea that we give our people the flexibility and support they need to make a positive impact on the world.
What are some of the technological trends which excite you for the future of the HR industry?
Learning & Development
To combat increased turnover, companies seem to be focusing more on retention, and the development and education of their existing employees. This is producing a new wave of asynchronous learning tools to boost “just in time” learning. This will give employees greater access to the information they need for a specific project or task – as a result increasing satisfaction and engagement over time.
AI For Recruitment
AI can help streamline recruitment and remove unconscious bias in the hiring process. One example we are currently looking at is in the writing of Job Advertisements, an area that has historically sometimes fallen flat in terms of content and delivery. As well as ongoing internal training, AI or similar technology can help lift the game for these advertisements; standardizing some parts and suggesting content for others to produce industry standard advertisements that are compelling and effective in getting the attention of the best talent. It can also remove any unintended gender-coded terminology, so that every candidate with the right skills and experience feels like they are able to apply.
Hybrid Working Technology
More and more tools will be available to help with working out of the office. The quality and versatility of video calls will continue to increase, so too the number of collaboration tools for workshops, offsites and team meetings
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