Tagged: hiring

Creatively Addressing Workforce Automation

 

Automated technology continues to replace human workers in a wide variety of jobs and industries. This includes the retail, transportation, manufacturing and agriculture industries, just to name a few. Businesses with a backbone comprised largely of brick-and-mortar stores are struggling to keep up with online retailers, autonomous cars are threatening to replace humans in transport jobs, and automated farming technology continues to make leaps and bounds. Furthermore, according to a Harvard Business Review article, “robots have probably taken about 85% of the 5 million manufacturing jobs that have disappeared from the United States since 2000.” Companies are struggling to find a way to adapt their business models to accommodate the rapid replacement of humans in the workplace. The article further states that: “While our first instinct might be to help employees find new jobs, what we really need to do is is help companies shift into new markets focused on human services and adopt new business models that will allow employees, customers, and communities to benefit from technological change.”

More Than a Store

Providing community-focused human services is one way to combat plummeting brick-and-mortar sales, but it isn’t such a far-out proposition as it seems. Walmart, for example, is already rolling out optometry services, beauty salons and restaurants at various locations. Imagine the various potential revenue sources from offering similar services such as day care, elder care or a community meeting space. Doing so would not only give employees being replaced by robots a new job, but it would make businesses an integral part of the community.

Stock Options

Another tactic some companies are trying is offering employees replaced by robots generous stock options. If an employee was replaced, yet holds stock in the company, they could benefit from the increased value as a result of utilizing automated workers. Consider the example of the Chobani founder, Hamdi Ulukaya, who gave 10% of his stock in the yogurt company to 2,000 employees, while the rest received stock options worth about $150,000 each. This approach provides a financial buffer for employees that will suffer from technological unemployment. This tactic is particularly valuable if a company has immediate plans to automate its jobs.

As reliance on enterprise technology continues to grow and automated workers begin replacing humans, companies have a duty to invest in the potential of their employees. While the knee-jerk reaction might be to simply help employees find new jobs, companies that shift into new markets and adapt their business models to allow employees, customers and communities to benefit from technological change will see a prosperous future in automating the majority of their workforce. Want to discover other leading industry trends? Read this article about what HR teams need most in 2017.

 

 

Testing: The Future of Hiring Talent

When hiring talent, make sure you provide your new employees with pencils.

 

Attention, class: 76% of companies with more than 100 employees use testing mechanisms as part of their process for hiring talent. Why? Employers are finding that well-designed aptitude and personality tests are effective ways of zeroing-in on top talent and weeding out candidates that don’t cut the mustard.

Using testing and assessments for new hires isn’t just being reserved for junior-level employees, either. Estimates suggest that tests are being used for staffing as many as 80% of senior positions.

What are employers testing for? Here are three areas where testing has proved effective when hiring talent:

  • Competence – aptitude tests are great ways of assessing a candidate’s raw reasoning and learning skills.
  • Work ethic – self-report questionnaires help gauge how reliable new hires might be as well has how well they’ll fit in a company’s culture.
  • Emotional intelligence – personality testing is one way employers can get a feel for how empathetic and self-aware future team members might be.

So class, please take your seats. Testing during the hiring process is here to stay – 88% of companies are expected to introduce it in some form over the next few years.

Whether it’s administering tests to identify new hires or just finding ways to enhance your company’s brand image, tell us your HR priorities for 2016.

The Secret to Getting Hired In Your 50s: Friends

Job seekers in their 50s are unemployed nearly a month longer than those in their 30s and 40s, according to a recent Carlson School of Management study. The reason? It certainly isn’t a lack of experience, wisdom or talent. It’s the size of their circle of friends. Professionals in their 50s are typically found to have smaller social networks, which could have an adverse effect during the job search process.

The study found that as professionals age they tend to value quality of relationships rather than quantity. Seasoned workers also tend to stay in the same job for a longer period of time and often don’t need to reenter the job market. But like any other candidate out there, those that do can benefit from larger professional networks.

Now this doesn’t mean it’s time for Baby Boomers to get lost in the wonders of Facebook, Twitter and Instagram. It just means acquiring new skills and maintaining relationships could increase chances of getting hired quicker.

Read more about the ways professionals can enhance the job search process in this exclusive New York Times summary.

Have you filled out our survey yet? We’re trying to find out how HR became the fastest-growing career in the country, and we need your help now!