September roundup: Global labor insights & October’s HR events digest

Hello, everyone!

As the world continues to adapt to shifting economic landscapes and evolving job markets, our monthly newsletter dives deep to present you with the most salient insights. For example, here’s what the job market looked like in August 2023:? ?

• Global job postings hit a significant milestone with a tally of 20.9 million.?
• Even more striking was the 17% surge in job postings from August 2022, painting an optimistic picture of labor market health over the past 12 months.?
• The US stood out with a concerning low at 2.0 million job postings, its weakest performance this year.?

• Japan made a comeback, securing a top 10 position for the first time since April 2023.?
• Accountants, you’re in the spotlight! Accounting roles topped the charts this August. Other roles maintained their positions, reflecting stable demand across various industries.?
• With an intriguing spike in Currywurst-related job postings, especially in Germany and surprisingly in the French culinary scene, this German treat seems to be the talk of the town.? ?

You can find more insights in our recent global labor market report.

October is for harvesting insights

October 10, Unlocking HR’s financial potential

Join me and my colleague Julius B?hr (Head of Solution Consulting at HRForecast ) for an enlightening workshop titled From cost center to profit center: Quantifying the future value of HR.?

During the event, we will delve into pivotal areas:? ?

• Financial valuation of HR. Understand the intricacies of HR’s value for a company's financial well-being and access to the skills market.?
• ROI metrics. Learn innovative methods to evaluate the financial returns of HR interventions.?
• Critical concepts. Explore terms like skills gap, capacity gap, and strategic fit to enrich your HR strategy.?

• HR’s role in value assessment. Contemplate the influence HR has in defining its own value to management.? ?

Date: 10 October 2023

Time: 2:00 pm – 3:00 pm CET?

Location: Virtual

Event language: German?

October 17: Data-driven HR through market data insights?

In the era of constant change and technological advancement, effectively managing talent is a game-changer for businesses. I’d like to invite you to our upcoming workshop on Data-driven HR through market data insights, which will help you equip yourself with the knowledge and strategies to excel in this dynamic landscape.?

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Date: 17 October 2023?

Time: 10:00 am – 11:00 am CET?

Location: Virtual? Event language: English?

Learn more and register

October 19: Embrace gender diversity: Boost your company’s potential?

I also invite you to explore how embracing diversity can be a game-changer, unlocking unprecedented market potential for companies.?

Join me and other speakers, including Franziska Manck from Deutsche Bahn , Anne Schmitz from 麦肯锡 y, Nicole Neubauer from metaBeratung - Hogan Distributor , and Dr. Ricarda Engelmeier from MyCollective as we discuss success factors and strategies for implementing gender diversity in companies.?

Register by emailing ?? [email protected] with the subject line “Registration TPC no. 5.” Participation is absolutely free!?

Date: 19 October 2023

Time: 12:00 pm – 3:00 pm

Event language: German

Charting your path to success? ?

I’m thrilled to announce the latest offer from the HRForecast team: a cutting-edge data platform designed to enhance your business processes and constantly elevate workforce performance. This innovation opens the path to enduring success and favorable long-term outcomes. Delve into industry trends, scrutinize hiring and location data, make global hiring cost comparisons, and stay ahead of the curve with hiring trend insights. Companies that don’t plan are companies that miss out on talent.? ?

Learn more?

A roundup of interesting topics from September

• Salary benchmarking: Your key to attracting top talent. Post–Great Resignation, salary benchmarking is your secret weapon in the talent war. Explore how salary benchmarking ensures competitive compensation, enhances employee satisfaction, minimizes legal risks, and supports organizational growth.
• Importance of strong data governance in the field of people analytics. Amidst rising concerns over data breaches, data governance has emerged as a cornerstone in people analytics. Learn how we bust myths and embark on tailored data governance.
• Market Intelligence and how to gain labor market insights through competitor benchmarking and job insights. Elevate your talent acquisition with the power of market intelligence. Learn how an informed, data-driven approach is the key to talent success.

• A deeper dive into employee engagement: Levels and strategies. Employee disengagement is the menace lurking in modern businesses. Grasp the gravity of the issue and strategies to address it with our in-depth analysis.
• Strategies for sustainable cost reduction in workforce management. Achieve sustainable cost reduction without compromising workforce well-being. Uncover strategies and how the HRForecast ROI calculator is the solution you’ve been waiting for.
• How the job architecture shapes employee journeys. Clarity in job roles is paramount for employee satisfaction. Dive into the power of a well-structured job architecture and its ripple effects on organizational success.
• Can automation close the divide or serve as a human-aided tool? Automation is revolutionizing industries, not by replacing them but by enhancing the workforce. Our infographic unravels this transformative journey. I’m sure you’ll find interesting solutions for some blockers to your workforce development.

Future-proofed is a monthly dose of insights on people analytics, the future of work, and data-driven HR to help smart HR leaders stay ahead of the curve. Follow me on LinkedIn and get the latest insights to start future-proofing your organization today.