Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Right, so I’m back after almost 6 weeks. What did I miss? Other than a new PM in Australia, more gun violence in the US…and the fact that, according to the OECD, Australia has the second tightest skills market in the world.
You may have noticed that I haven’t been posting much over the last 5 – 6 weeks because I’ve been in the US speaking at the annual Association for Talent Development (ATD) conference (funnily enough about employee retention).
Following that, I was on a dive holiday in Far North Queensland (stay tuned for Friday’s post, which will include sharks, turtles, barracuda and an assortment of more of my fishy friends.)
Now down to business. It won’t come as a shock to anyone in Australia reading this post that we are in a very skills-short market. According to both The Australian Financial Review (AFR)and SmartCompany, the OECD’s Economic Outlook for June pegged our skills shortage as second only to Canada’s in the developed world.
Specifically, last week the Australian Bureau of Statistics (ABS) showed 420,000 vacant jobs. According to Smart Company, this translates into 2.8% of the labour market — or one in 35 jobs — being empty.
I’m currently fielding 2 questions from clients in Australia and the US about the skills shortage.
🙋♂️ “Now that the borders are open in Australia how long will it be before our skills shortage abates?” and
🙋♂️ “The upcoming US recession will surely help the skills shortage (and put realign candidates’ expectations), right?”
I will answer the first question today and the second tomorrow.
The border closures certainly have not helped the Australian skills shortage – nor have they been the main reason behind it. This is a structural skills shortage that we’ve seen coming for a while now, and it primarily has to do with the ageing population in Australia. The Commonwealth’s Intergenerational Report said that over the next 40 years Australia’s participation rate will go down by almost 25% due to our ageing population.
9600 Great Hills Trail, Suite 150W Austin, TX 78759, UNITED STATES
About
In 2009 CEO and founder Kim Seeling Smith started Ignite Global after deciding that instead of being paid to put bums in seats (working as a recruiter for the 15 years prior to that) she wanted to help More
Friday funny. You’ve heard of the KISS Principle, right? Keep It Simple Stupid (or I prefer Silly). Now I’d like to introduce the KSS Principle!
KISS Principle
My clients have told me for years that one of my superpowers is breaking down complex concepts and making them simple.
In fact, one of the best testimonials I’ve ever gotten came from Mike Saxton, who said,
A few months ago, I was leading a training session, and I mentioned the KISS Principle…and one of the participants said, you should rename it the KSS Principle for Kim Seeling Smith. We had a good laugh, but now I find myself saying it frequently.
I love, love, love Korn Ferry‘s research, and the Future of Work Trends 2022: A New Era of Humanity report does not disappoint. One of the best quotes from page 6 is,
I had a great time speaking to Ben O’Shea on The West Australian‘s The West Live show about what really drives people to change jobs.
Like in all booms, companies within WA are losing great people for the allure of a high pay packet working in a FIFO environment. Can leaders do anything to stop this from happening (spoiler alert – yes!).
Why do people look for other roles (spoiler alert – despite what most leaders think, it’s rarely about money)?
What do you do if you lose someone that you don’t want to lose? Can you entice them back (spoiler alert – statistically, yes, 20% of the time).
I’m curious, what has your experience been with implicit bias training?
Having spent 15 years working as a professional recruiter and 11 years teaching hiring managers how to hire more effectively and efficiently I’ve always felt that implicit bias training was a waste of time.
There is more and more research now backing up my gut feel. Here are two articles that unpack this pretty nicely.
Even worse, there is consistent evidence that bias training done the “wrong way” (think lukewarm diversity training) can actually have the opposite impact, inducing anger and frustration among white employees. What this all means is that, despite the widespread calls for implicit bias training, it will likely be ineffective at best; at worst, it’s a poor use of limited resources that could cause more damage and exacerbate the very issues it is trying to solve.
Read More: https://www.igniteglobal.com/2020/08/the-problem-with-implicit-bias-training/
If you think #thegreatresignation is related to Covid or the current skills shortage, think again. This graph from the Bureau of Labor Statistics clearly shows that, with the exception of 2020, people have been changing jobs in increasing numbers since 2009. While this is a US stat, I believe the trend is definitely global.
I’ve often said that Covid accelerated other workforce trends that had been building for years. I think what we see with this graph is the result of...
According to the most recent research by Gallup, 85% of the global workforce is disengaged. That stat that has not moved in well over a decade and COVID has not seemed to impact it at all.
In the US Gallup saw a historic rise in engagement scores shortly after COVID – followed by an equally historic fall.
Yesterday’s post – https://lnkd.in/gHs_rUW provided a calculator to help you figure out how much you were losing in productivity for every member of your team who is disengaged.
I had a comment on that post asking, “Why are they disengaged?”
