November Talent Report with Jim Morgan
11/15/23 • 23 min
Description: 🎙️ Tune in to our latest podcast episode on MRA's November Talent Report for the latest insights and trends in the world of talent. From innovative recruitment strategies to emerging skills in high demand, join us as we explore what's new in the month of November and gain valuable insights to stay ahead in the competitive job market!
Resources:
Let's Connect:
Guest LinkedIn Profile - Jim Morgan
Host LinkedIn Profile - Sophie Boler
Transcript:
Transcripts are computer generated -- not 100% accurate word-for-word.
00:00:00:00 - 00:00:21:03
Unknown
Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler, and we are so glad you're here.
00:00:21:05 - 00:00:44:10
Unknown
Now it's time to thrive. All right. Welcome, everybody, to this episode of 30 Minute Thrive. It is time to go over this month's talent report with Jim Morgan, MRA's vice president of Workforce Strategies. So we'll dive into what he's been seeing this month in the world of business. So thanks for joining us again, Jim. Well, this month we focused on tomorrow's talent strategies.
00:00:44:10 - 00:01:08:08
Unknown
Today, meaning what worked five years ago is no longer applicable. And in fact, what worked five weeks ago might not even work today. So starting out with the recruiting and retention innovations, where is the focus here? What's going on here? Well, I think a lot of time is being spent right now on pay transparency. And we talked about this a little bit after our comp trends event a month or so ago.
00:01:08:10 - 00:01:29:23
Unknown
But it's now, you know, really getting the attention, I think, of a lot of the people we're seeing states and communities start to put trade pay transparency policies in place. And so now I think these are folks, though, that are, you know, ready to go, that have good job descriptions, a good pay structure, a good pay philosophy. I don't think it's going to be all that big of a deal for them.
00:01:30:00 - 00:01:46:17
Unknown
But for those who, you know, have been winging it and just said, well, we don't really have a structure, we just kind of make it up as we go or we don't really have a pay for lots of fee or job descriptions. You know, we're kind of there, but not quite, I think are now seeing that this is a good time to get all of that in alignment to.
00:01:46:17 - 00:02:11:20
Unknown
Then we do. If you come in to ask me about where am I and what's going on and what's the schedule for my job, I should be able to at least, you know, give you that information. And I think because employees now are coming in so much better equipped, because they're looking at all kinds of data, too, and saying, hey, I read, yeah, I should be making this, I should be doing this, I should be getting this, which may be accurate, may not.
00:02:11:22 - 00:02:31:22
Unknown
But they're trying to build their best case for saying, I deserve this. And as a professional, I think you have to be ready to come back with we use these salary surveys, we collect this type of data and this is really where your salary is at. And that's great that you found this one job in downtown Los Angeles where they're paying seven times what we're paying.
00:02:31:24 - 00:02:55:16
Unknown
But if you really look at that job, it's not really your job. It's in a different type of economic climate, in a whole different situation, in a different industry. So that doesn't apply. So I think we're really just seeing the people arm themselves and get themselves organized to really be able to handle those employee questions. Yeah, absolutely. And we have a podcast actually coming up with a recruiter for memory, so that'll be interesting to see what she kind of says.
00:02:55:18 - 00:03:15:04
Unknown
On pay Transparency within like the r...
Description: 🎙️ Tune in to our latest podcast episode on MRA's November Talent Report for the latest insights and trends in the world of talent. From innovative recruitment strategies to emerging skills in high demand, join us as we explore what's new in the month of November and gain valuable insights to stay ahead in the competitive job market!
Resources:
Let's Connect:
Guest LinkedIn Profile - Jim Morgan
Host LinkedIn Profile - Sophie Boler
Transcript:
Transcripts are computer generated -- not 100% accurate word-for-word.
00:00:00:00 - 00:00:21:03
Unknown
Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler, and we are so glad you're here.
00:00:21:05 - 00:00:44:10
Unknown
Now it's time to thrive. All right. Welcome, everybody, to this episode of 30 Minute Thrive. It is time to go over this month's talent report with Jim Morgan, MRA's vice president of Workforce Strategies. So we'll dive into what he's been seeing this month in the world of business. So thanks for joining us again, Jim. Well, this month we focused on tomorrow's talent strategies.
00:00:44:10 - 00:01:08:08
Unknown
Today, meaning what worked five years ago is no longer applicable. And in fact, what worked five weeks ago might not even work today. So starting out with the recruiting and retention innovations, where is the focus here? What's going on here? Well, I think a lot of time is being spent right now on pay transparency. And we talked about this a little bit after our comp trends event a month or so ago.
00:01:08:10 - 00:01:29:23
Unknown
But it's now, you know, really getting the attention, I think, of a lot of the people we're seeing states and communities start to put trade pay transparency policies in place. And so now I think these are folks, though, that are, you know, ready to go, that have good job descriptions, a good pay structure, a good pay philosophy. I don't think it's going to be all that big of a deal for them.
00:01:30:00 - 00:01:46:17
Unknown
But for those who, you know, have been winging it and just said, well, we don't really have a structure, we just kind of make it up as we go or we don't really have a pay for lots of fee or job descriptions. You know, we're kind of there, but not quite, I think are now seeing that this is a good time to get all of that in alignment to.
00:01:46:17 - 00:02:11:20
Unknown
Then we do. If you come in to ask me about where am I and what's going on and what's the schedule for my job, I should be able to at least, you know, give you that information. And I think because employees now are coming in so much better equipped, because they're looking at all kinds of data, too, and saying, hey, I read, yeah, I should be making this, I should be doing this, I should be getting this, which may be accurate, may not.
00:02:11:22 - 00:02:31:22
Unknown
But they're trying to build their best case for saying, I deserve this. And as a professional, I think you have to be ready to come back with we use these salary surveys, we collect this type of data and this is really where your salary is at. And that's great that you found this one job in downtown Los Angeles where they're paying seven times what we're paying.
00:02:31:24 - 00:02:55:16
Unknown
But if you really look at that job, it's not really your job. It's in a different type of economic climate, in a whole different situation, in a different industry. So that doesn't apply. So I think we're really just seeing the people arm themselves and get themselves organized to really be able to handle those employee questions. Yeah, absolutely. And we have a podcast actually coming up with a recruiter for memory, so that'll be interesting to see what she kind of says.
00:02:55:18 - 00:03:15:04
Unknown
On pay Transparency within like the r...
Previous Episode
Generation Alpha: Educating Tomorrow’s Leaders
Description: Never before have there been five generations in the workforce. Each generation has its own quirks, styles, likes, dislikes, and ways to work, communicate, and even learn! In this podcast episode, we are going to focus on the newest generation joining us in the workplace—Generation Alpha!
Resources:
A Multi-Generational Workforce Is a Force for Good
Let's Connect:
Guest LinkedIn Profile - Amanda Mosteller
Host LinkedIn Profile - Sophie Boler
Transcript:
Transcripts are computer generated -- not 100% accurate word-for-word.
00:00:00:00 - 00:00:21:03
Unknown
Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR, powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler and we are so glad you're here.
00:00:21:05 - 00:00:44:20
Unknown
Now it's time to thrive. Well, welcome, everybody. We are so glad you're here and I hope you're ready to talk generations today, specifically on one that you may have never heard before. So never before. There have been five generations in the workforce and each generation, as you know, has their own quirks, styles, likes, dislikes, ways to work, communicate, and even learn.
00:00:44:22 - 00:01:11:06
Unknown
So in this podcast episode, specifically, we're going to be focusing on the newest generation joining us in the workplace, and that is Generation Alpha. So it looks like Gen Alpha is the group of generation following generation Z. So Gen X’ers are born in the early 2010’s going through the early 2020s. So we know and are finding that each generation brings something really unique to the table.
00:01:11:08 - 00:01:47:13
Unknown
So. Amanda Mosteller, MRA's director of talent Development, is joining me today to talk about Gen Alpha how you should really update your L&D strategy to include these Gen Alpha learners. Make sure to stay tuned throughout the episode and we'll tell you how you can win a podcast swag item at the end. Just exciting little note there. But Amanda, we know we now know who Gen Alphas are, but really my first question to you is why is it essential for organizations to now adapt their training and development strategies for this generation?
00:01:47:15 - 00:02:21:09
Unknown
When I think about Gen Alpha, I have this case study across the hall and it's my kids. They were born in 2010. We all went through this interesting thing, maybe you've heard of it called a global pandemic. And that pandemic expedited lots of things for all generations. One of the things that expedited for Gen Alpha that is different than other generations is integrated learning in school.
00:02:21:09 - 00:02:21:24
Unknown
So
00:02:21:24 - 00:02:40:10
Unknown
I'm not talking about adult learning theory principles versus child learning theory principles. We're not going into Andrew versus pedagogy here, but what we are going to talk about is being used to what the source of knowledge plays a part in for for these kids. So
00:02:40:10 - 00:02:46:21
Unknown
in most of Gen Alpha was fourth grade or younger when the pandemic hit.
00:02:46:23 - 00:03:11:04
Unknown
Prior to that, teachers in the classroom did a lot of teaching to the whole group from the front, doing activities, walking around and helping. They weren't putting elementary school kids into these Google class type structures at such a young age. They were doing that more in high school and certainly in college.
00:03:11:04 - 00:03:21:13
Unknown
But the pandemic launched an expedited ETD, putting kids at younger ages into these platforms to learn things.
00:03:21:15 - 00:03:49:18
Unknown
What that has done is changed their expectation of what the knowledge expert in the room's function is and how they learn. So Gen Z would have started doing that in college, mostly old...
Next Episode
Future Trends: What’s Next for HR Technology
Description: Explore the intersection of HR and cutting-edge technology in this week’s episode of 30 minute THRIVE. Join us as our expert guest, Tricia Shields, VP of HR at MRA member company Naviant, Inc., delves into how AI and technology are transforming HR practices, addressing challenges, and shaping the future of work. Tricia shares valuable insights, examples, and tips for HR professionals navigating this exciting landscape.
Resources:
Naviant - Human Resource Process Solutions
Let's Connect:
Guest LinkedIn Profile - Tricia Shields
Host LinkedIn Profile - Sophie Boler
Transcript:
Transcripts are computer generated -- not 100% accurate word-for-word.
00:00:00:00 - 00:00:21:03
Unknown
Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR, powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler, and we are so glad you're here.
00:00:21:05 - 00:00:46:12
Unknown
Now it's time to thrive. Well, hello everybody, and welcome to this episode of 30 Minute THRIVE. So episode 65, actually. So it's kind of a special one today. But today we're really going to be exploring the intersection of HR and cutting edge technology. So I'm joined with our expert guests on the topic. Tricia Shields. She's a vice president of HR at MRA member company NAVIENT.
00:00:46:14 - 00:00:57:14
Unknown
And Navient actually provides business process and digital transformation consultations. So it's a perfect topic to talk with you today. Tricia I'm excited you're here.
00:00:57:14 - 00:01:11:09
Unknown
Yeah. Thank you. Sophia. I'm glad to be here, actually. And i know you actually talked on this topic at our HR Conference this past year, too, and this topic has just been a really highly requested one from our listeners to on the podcast.
00:01:11:09 - 00:01:34:11
Unknown
So i'm excited to just hear your insights and tips and any advice you really have for professionals that are starting to or in the middle of kind of navigating this landscape. So could you provide just a quick overview on how technology has really evolved over the years and kind of where we are today with technology and in the field of HR
00:01:34:11 - 00:01:38:21
Unknown
Specifically? Yeah, that sounds great. Thanks again for having me.
00:01:38:21 - 00:01:59:17
Unknown
Yes, i kind of think about the history in a lot of ways. I feel like I've kind of grown up with technology now that technology's always been available to me. But if I think about the beginning of my career, which is just kind of over 20 years ago now, when I was first interacting with technology as it relates to HR, I really wasn't interacting with it at all.
00:01:59:17 - 00:02:25:06
Unknown
So, you know, I think about my first job out of college when I needed to do something from an HR perspective, from an employee perspective, I was walking down to the HR department and I was filling out a piece of paper. And that HR professional was taking that information and maybe just storing it in their filing cabinet. Maybe they were untreated it into the system.
00:02:25:07 - 00:02:53:17
Unknown
So certainly HR systems were around in that kind of late nineties time. Some organizations had adopted those and kind of the availability of the types of technologies that were available in them was vastly different across different organizations. So certainly we've seen a lot with the evolution of HR systems over the last 20 years and how we're utilizing those within our organizations.
00:02:53:19 - 00:03:26:12
Unknown
We've also seen a lot evolve as it relates to process specific technologies. So, you know, thinking about things like our applicant tracking systems or performance management systems, maybe our learning management systems, but we've seen a lot more technologies coming on to the market to help support some of those key focus areas within HR. And then I think about today and just the rapid expansion that's happened maybe over the last five, seven years.
00:03:26:14 - 00:03:46:20
Unknown...
Talent Report+THRIVE - November Talent Report with Jim Morgan
Transcript
Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler, and we are so glad you're here. Now it's time to thrive. All right. Welcome, everybody, to this episode of 30 Minute Thrive. It is time to go over this month's
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