Talent Acquisition Newswatch - Issue 1.10

How Barbie's boss puts wellness first | Well - Being | Mattel's global pulse survey has shown that their wellness initiatives are helping employees during challenging times.

AI is already linked to layoffs in the industry that created it | Technology | Artificial Intelligence is already causing disruption in the tech industry, with companies citing AI as a reason for layoffs and rethinking new hires.

Three quarters of UK women want their employer to take action and retain older workers, report finds | Recruiting & Retention | Report suggests that promoting more female leaders could help overcome a “key barrier” to women remaining in work, and that employers should create an “open and trusting environment” for women.

HR roles see large dip in remote work job postings | Labour Market Trends | Remote and hybrid job postings have declined from a peak of 10.3% in February 2022 to 8.4% in May 2023, with the largest dip seen in human resources roles.

To close the skills gap, stop focusing on skills candidates don’t have | Recruiting & Retention | Companies need to rethink their hiring strategies in order to close the skills gap and attract and retain top talent. This includes diversifying their talent pool and investing in programs to bring in candidates from diverse backgrounds, such as former athletes, military veterans, and refugees.

HR Leaders Express Concerns About the Future of Generative AI | HR Insights | Jobs that are most likely to be affected by generative AI include personal finance advisors and brokers, insurers, data processors, news information and publishing professionals, and credit and mortgage brokers.

Women are returning to the job market in droves, just when the U.S. needs them most | DEI | With the U.S. job market continuing to roar, the share of working-age women between 25 and 54 who are working or looking for work hit an all-time high in May. Women's participation in the workforce has actually rebounded from the pandemic more quickly than men's has, due to employers offering more flexibility.

Flexible, supportive company culture makes remote work more successful ?| HR Insights | Successful remote work arrangements are most likely to be found at companies that create flexible and supportive work cultures. These companies empower employees to pursue their own goals, give employees freedom to make decisions, foster collaboration, and have flexible remote and hours policies.

Embrace JOMO — The Joy of Missing Out — to Take Your Happiness to The Next Level ?| Well - Being | JOMO is the joy of missing out and it can help take our happiness to the next level by allowing us to feel contentment and peace.

Crisis management, succession planning challenge corporate boards | Leadership | Recent report finds boards of directors are facing increased scrutiny and a wider variety of complex challenges, such as succession planning, board diversity and crisis management.

How corporate America is slashing DEI workers amid backlash to diversity programs | DEI | DEI professionals have been disproportionately hit by layoffs since late 2020, with one in three DEI professionals losing their roles over a one-year period.

Changing Sentiments Towards AI in the Workplace | Technology | More workers are optimistic about the impact of AI on their work than before, but there are still concerns about it.

Job cuts slow, but cost-cutting continues, report says | Talent Trends | U.S. employers announced nearly 41,000 job cuts in June, a decrease from the cuts announced in May but still above last June’s numbers.

Find Talent for In-Demand Jobs by Eyeing Alternative Talent Pools | Recruiting & Retention | Data from LinkedIn suggests that talent pools for in-demand roles may be larger than expected. It emphasises the importance of thinking outside the box when it comes to recruiting for in-demand roles.

Seven in 10 disabled female employees earn less than ￡15 an hour, analysis reveals | DEI | Analysis from the Trades Union Congress (TUC) revealed that 70% of disabled women earn less than ￡15 an hour, compared to 56% of non-disabled female workers. 68% of disabled male employees earn less than ￡15 an hour, compared to 44% of non-disabled men.

27% of jobs at high risk from AI revolution, says OECD | Talent Trends | OECD report shows 27% of jobs across its 38 member countries are at risk of being automated due to the artificial intelligence revolution. The OECD also found that three out of five workers fear that their jobs may be taken by AI over the next 10 years.

Stephen M.R. Covey: ‘We’re In A Living Laboratory’ | Recruiting & Retention | Traditional executive recruiting methods are no longer relevant in the current age. Executives should be recruited based on their ability to navigate a rapidly changing environment, and should be evaluated based on their values, skills and adaptability.

The future of affirmative action in the workplace | DEI | The recent ruling by the Supreme Court in the US to terminate affirmative action in college admissions has the potential to strengthen the resolve of individuals seeking to contest the diversity, equity, and inclusion initiatives undertaken by employers.

6 Science-Backed Ways to Improve Your Well-Being at Work | Well - Being | Six practices that have been shown to reduce stress and anxiety, improve focus and motivation, and foster better mental health.

More than half of workers say they’re looking for a career change | Talent Trends | Recent report by FlexJobs showed that 58% of working professionals are looking to make a career change, with the top reasons being remote work, higher pay, better work-life balance and more meaningful work.

How a New Kind of Leadership Training Led to Higher Employee Engagement | Learning & Development | Seven Corners, a travel insurance and specialty benefit management company, is striving to increase employee engagement and retention by investing in a new kind of leadership training: the Emerging Leaders Program (ELP). This program works with team members to help them become stronger individual contributors in their current positions and gives them tools to better self-manage and be more effective in their teams.

What are the most popular ways to structure 4-day workweeks? | HR Insights | Survey by Resume Builder found that four in 10 companies are planning to implement the policy, with most of them running a trial period of one to three months. Employers believe that the four-day work week will help them compete for top talent, improve profitability, and reduce employee turnover.

AI could help workers claw back hundreds of hours | Technology | A new study has revealed that employees could save themselves an average of 390 hours per year by using artificial intelligence (AI) tools, but only 56% of survey respondents said their employers are taking advantage of this opportunity.

QUOTE OF THE WEEK

"Culture is how employees' hearts and stomachs feel about Monday morning on Sunday night." - Bill Marklein

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