CXC Talent Talk #3

Welcome to CXC Global weekly newsletter! ??

If you want to find expert insights, trends, tips, and solutions for managing your talent needs, you are in the right place.

Every week we will keep you updated on the important shifts in the market and offer our views and tips for effective talent management from all of our regions.

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We dedicated this week's newsletter to sustainable employment practices, diversity, and well-being in the workplace. Find out why these elements are crucial for attracting and retaining high-quality talent.

?? CXC Australasia

?? HIRING PEOPLE WITH A DISABILITY

According to the?2022 Australian Institute of Health and Welfare report (AIHW) , people with a disability who are of working age, are twice as likely to be unemployed as people without a disability. The report also found:

• The unemployment rate of working-age people with disability has increased in recent years from approximately 8 percent to 10 percent
• One in four young people with a disability is unemployed, compared to one in 10 (or 7.9%) of older people who have a disability
• Most employed, working-aged people with a disability (88%) do not require additional support from their employer in order to work

Build disability confidence in your business culture and company DNA. It will pay dividends well beyond the fiscal. Learn how to do that HERE .

?? CONTRACTOR PAYROLL

Right now, contingent workers make up around?one third ?of the workforce in Australia and New Zealand. What’s more,?62% ?of business leaders predict that their workforce will incorporate more contingent staff in the future, and many experts predict the workforce will be?50% ?contingent by 2028.

Because of the rapid rise of contingent workers, organisations need to have a comprehensive understanding and capability around accurately and efficiently paying them. We answer some of the biggest questions regarding contingent worker payroll in the article HERE .

?? CXC Asia

?? EMBRACING SUSTAINABLE EMPLOYMENT PRACTICES

The world of work is at a cultural tipping point where employees are seeking and demanding better employment opportunities that also prioritise their physical and mental well-being aside from the wages, benefits and compensation.

Sustainable employment practices reduce work intensity that is associated with increased stress and fatigue, and decreased job satisfaction, according to a European study on work effort, career and employee well-being.?Find out what is the sustainable employment a how your organisation can benefit from implementing this practice HERE .

?? 5 WAYS TO BOOST EMPLOYEE WELLBEING

The overwhelming impact of the pandemic has made?2020?the most stressful year for the global workforce.?Apart from stress,?languishing?and burnout are some of the mental and emotional challenges that many workers are facing today.

How can employers and the whole organisation effectively address employee burnout and dissatisfaction? What are the ways to boost employee wellbeing and happiness in the workplace??All that and much more read in the full article HERE .

?? CXC Emea

?? BUILDING A DIVERSE WORKFORCE: 9 INCLUSIVE HIRING PRACTICES TO ADOPT

In a recent survey,?62% of respondents ?said they would decline a job offer if it came from an organisation that didn’t support having a diverse workforce.

When your workforce is diverse, you have a lot of different perspectives at the table. This means that your team are better placed to provide excellent customer service since your customer base is almost certainly diverse too. It can also drive innovation thanks to the unique life experiences, expertise and ideas that each employee brings to your organisation.

Explore what is inclusive hiring and what are the key inclusive practices for building a diverse workforce HERE .

?? THE OPEN TALENT REPORT PODCAST:

From disciplined ballet dancer to CEO and Co-founder of?UnderPinned , a business management software for creative freelancers,?Albert de Symons Azis-Clauson ?? ?talks with?Connor Heaney ?about his unique journey and much more.?

? Subscribe and tune in The Open Talent Report on Spotify, Apple Podcasts, Google Podcasts, and Amazon Music or listen to the full episode on our website?HERE .

?? CXC North America & Canada

?? DIVERSE HIRING PRACTICES | HOW TO HIRE FOR DIVERSITY

The growing awareness of diversity in the workplace has meant that people now understand the concept of “tokenism”.?Tokenism ?is where companies add members of minority groups to their lists of executives simply to check a box.

Job applicants want to see someone of their gender, race, marital status, citizenship, religion, age, etc. holding a real office and doing meaningful work at the company. Read how to encourage diversity in your organisation HERE .

?? A TOOLKIT FOR RECRUITING AND HIRING A MORE DIVERSE WORKFORCE

The lack of diversity, representation and inclusivity in the workplace is a worldwide concern. Many workplaces acknowledge the problem yet fail to efficiently address the issue.

Focusing too much on the advantages of a diverse workforce for the public image instead of prioritizing the equality, inclusion and wellbeing of employees is ineffective. Superficial policies will not affect sustainable change, which is why every workplace needs a toolkit in place to guide the best practices for hiring a more diverse workforce.

Check out our toolkit for hiring a more diverse workforce HERE .