HR Data Labs podcast

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Summary:

Steve Brink has always had a passion for HR technology and data analytics. Early in his career, he was involved in creating a job evaluation software tool and the first PC-based compensation planning tool, called Compensation Workbench, released in 1987. He then went on to work at Towers Perrin and Mercer where he continue to develop and improve software tools. Most recently, he’s left his role as CEO of AIRINC to become President of uFlexReward.

In this episode, Steve talks about why people want more choice on how they are rewarded and paid.

Chapters:

[0:00 - 7:05] Introduction

• Welcome, Steve!
• Today’s Topic: Personalization of Rewards

[7:06 - 15:12] Why is personalization of reward important?

• People perceive value in having different ways of receiving reward
• Understanding the difference between guaranteed comp and variable comp

[15:13 - 21:46] How can you personalize rewards?

• Could benefits enrollment shift toward total reward enrollment?
• Employees react very positively to the power of choice
• How can gig workers benefit for personalized rewards?

[21:47 - 31:56] What are some practical steps for moving toward personalized rewards?

• Leveraging software to facilitate the shift
• Moving toward a more transparent method of communicating with employees

[31:57 - 34:39] Final Thoughts & Closing

• How can we continue to enhance what we deliver to our employees?
• Thanks for listening!

Contact:
LinkedIn

Quotes:

“When you look at future of work . . . it's how you're doing the work, but it's also when and where you're going to be doing the work. People spend a lot of time talking about future of work, but they don't talk about the implication of what that means for the potential of pay.”

“If you're allowed to provide even more in terms of choice, you start gathering more information. It's actually [your employees] selecting what's important to them. And with that feedback loop, can we actually start making changes to our reward system that are going to better align with the people in the organization? My goodness—isn't that what we all want?”
Production by Affogato Media

To schedule a meeting with us: https://salary.com/hrdlconsulting

For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

Produced by Affogato Media

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Summary:

Jessica Miller-Merrell is an HR practitioner turned entrepreneur and the founder of Workology, a two-time Forbes recognized human resources, workplace, and recruiting resource established in 2005. Workology reaches 800,000 HR practitioners every single month and strives to help them elevate their businesses. Jessica is also the host of the Workology Podcast, which recently published its CHRO series.

In this episode, Jessica talks about her new HR Benchmark Survey and how it’s going to help shed some light on what CHROs are dealing with today.

Chapters:

[0:00 -3:31] Introduction

•Welcome, Jessica!

•Today’s Topic: What are CHROs Dealing with Today?

[3:32 -8:56] Why build a CHRO survey and where would people get this data previously?

•How Jessica’s interviews with CHROs highlighted a need for more data

•How do small and medium sized businesses (SMBs) differ from others?

[8:57 -15:09] What is the goal of the CHRO survey?

•Quarterly updates and information trends

•Pushing wider acceptance and use of data analytics in HR

[15:10 -15:47] Closing

•Thanks for listening!

Quotes:

“I started doing the interviews and to date we've had over 50 interviews with heads of HR, but I was finding that it was just anecdotal [conversations]. . . . So we launched what we called the HR Benchmark Survey.”

“Innovation is everything. The more diversity we have in terms of people we bring into the profession of human resources, I think the better it is for everyone because we're dreaming up new things.”
Contact:
Jessica's LinkedIn
David's LinkedIn
Dwight's LinkedIn
Production by Affogato Media
Podcast Manger: Karissa Harris

To schedule a meeting with us: https://salary.com/hrdlconsulting

For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

Produced by Affogato Media

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Summary:

As the Senior Vice President of Research at The Josh Bersin Company, Kathi leads and develops research-based insights for all areas of HR, Learning, Talent, and HR Technology. She has 20+ years of experience in management consulting (with IBM, PwC, and EY) and as a talent leader (with McKesson and Kaiser Permanente). Most recently, Kathi led talent and workforce research at Deloitte. She is a frequent keynote speaker, author, and thought leader. Originally from Austria, Kathi has worked in Vienna, London, and Spain, and now lives in San Francisco. Her passion is to make work better and more meaningful.

In this episode, Kathi talks about why diversity, equity, and inclusion (DEI) analytics are important and how companies are working with them today.

Chapters:

[0:00 - 8:09] Introduction

• Welcome, Kathi!
• Today’s Topic: DEI Analytics

[8:10 - 23:22] What are DEI analytics and why are they important?

• First, let’s define diversity, equity, and inclusion
• The benefits of blending DEI into a company’s culture
• People are “voting with their feet”; how can you make sure they’re walking toward your company?

[23:23 - 30:21] What are companies doing today in DEI analytics?

• Approaching DEI as a business practice, not an HR program
• Analyzing people data by diversity groups for meaningful insight

[30:22 - 34:33] Final Thoughts & Closing

• 3 points to take home
• Thanks for listening!

Quotes:

“We did a big study on employee experience and we found that of all the things that a company can do to create a great experience, the number one thing that drives the employee experience is trust in the organization.”

“When we did our big DEI study, we actually studied many, many different topics of DEI because DEI is, of course, embedded in many different areas of HR and the business. One thing that we found out was when we interviewed several DEI leaders on what they were doing, one of the DEI leaders told us, ‘You got to approach DEI as a business practice, not as an HR program.’ ”
Contact:
LinkedInProduction by Affogato Media

To schedule a meeting with us: https://salary.com/hrdlconsulting

For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

Produced by Affogato Media

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Summary:

This is a special episode featuring a roundtable discussion that includes the following Senior Consultants from Salary.com: Greg Wolf the Managing Principal of Salary.com's Consulting Practice, Rebecca Gorman a Principal of Compensation Consulting, Courtney LeCompte a VP of Compensation Consulting, Garry Straker a VP of Compensation Consulting, Eric McMillan a VP of Compensation Consulting, and Mara Marino a Senior Compensation Consultant.

In this episode, Salary.com’s Senior Consultants join David and Dwight for a roundtable discussion where each shares their predictions for 2024.

Chapters:

[0:00 - 8:36] Introduction

• Welcome, Salary.com Senior Consultants!
• Today’s Topic: Senior Consultants Predict the Future of HR and Compensation in 2024

[8:37 - 11:34] Greg’s Prediction: Salary increase budgets will shrink

• Distinguishing between changes in merit increase budgets and budgets for total increase

[11:35 - 13:01] Mara’s Prediction: More companies will choose to invest in automation

• Existing automation and AI is hit-or-miss; time will tell where it will be a good alternative to human labor

[13:02 - 16:01] Courtney’s Prediction: Organizations will seek out creative strategies to recruit and retain talent

• Employee surveys could help organizations better understand their employees and their wants

[16:02 - 19:00] Garry’s Prediction: Organizations will start better communicating career progression to their employees

• Some legislation is pushing this and many organizations have already taken interest in this shift

[19:01 - 24:58] Eric’s Prediction: Remote work will continue to be very popular among the labor force

• For roles where remote work isn’t an option, flexibility may be a comparable benefit

[24:59 - 28:29] Rebecca’s Prediction: Organizations will develop better infrastructure around job architecture and compensation and benefits budgets

• Government regulations can help push companies to maintain this infrastructure

[28:30 - 36:15] David’s Prediction: High schools and universities will start training students how to best leverage artificial intelligence

• Though AI is still in its infancy, it’s being developed at a rapid pace

[36:16 - 43:17] Final Thoughts & Closing

• Final thoughts from everyone
• Thanks for listening!

Quotes:

“We’re going to see organizations continue to seek out creative strategies to stand out recruit and retain talent.”
“I do wonder what impact the development of artificial intelligence will have on wage growth and if it will put downward pressure on wages.”
Resources:
Salary.com's Consulting Practice
Contact:
Greg's LinkedIn
Rebecca's LinkedIn
Courtney's LinkedIn
Garry's LinkedIn
Eric's LinkedIn
Mara's LinkedIn
David's

To schedule a meeting with us: https://salary.com/hrdlconsulting

For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

Produced by Affogato Media

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Summary:

Wendy Sellers (also known as The HR Lady®) is a speaker, trainer, consultant, podcast host, and author. In her over 25-year career, she has worked in many areas such as HR operations, downsizing, change management, corporate culture, coaching, training, education, and leadership development.

In this episode, Wendy talks about employers’ top concerns regarding attracting and retaining talent; how managerial roles have changed in the last few decades; and why experienced managers should continue to receive training (even if they don’t want it).

Chapters:

[0:00 - 5:53] Introduction

• Welcome, Wendy!
• Today’s Topic: How to Attract and Retain Amazing Employees

[5:54 - 16:04] What are employers’ top concerns these days?

• Why finding great employees seems so difficult
• The importance of valuing employees and fostering their skillsets

[16:05 - 29:04] How has the manager-employee relationship changed over the years?

• How managers should approach employee reviews
• The effect that changing workplace demographics has on managerial roles

[29:05 - 36:06] How can managers benefit from recurring training

• Mental health and managers’ fear of managing what they don’t know
• Training managers in a large business vs. a small business

[36:07 - 38:23] Closing

• Thanks for listening!

Quotes:

“Finding [employees] alone—never mind amazing [employees]—is very difficult, and it’s expensive since the pandemic.”

“Managers shouldn’t feel bad about going to training, because the world has changed . . . and we need to keep those managers [up-to-date].”
Resources:
The HR Lady
Suck It Up, Buttercup: Be a Leader People Will Follow
Contact:
Wendy's LinkedIn
David's LinkedIn
Dwight's LinkedIn
Podcast Manager: Karissa HarrisEmail us!Production by Affogato Media

To schedule a meeting with us: https://salary.com/hrdlconsulting

For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/

Produced by Affogato Media