PeopleTech

This week in HR Tech: Playvox expands workforce management planning, gig workers continue to face financial challenges and lack proper tools.

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Live at the HR Tech 2022 conference, our guest Tim Sackett, President of HRU Technical Resources and creator of the Tim Sackett Project, speaks with Mark Feffer about building an inventory of skills, enhancing learning environments, and being data rich yet information poor.

On the topic of skills, it's easy to not fully grasp the abilities of your workforce. If you don't successfully get an inventory of skills for your team, you might let a really amazing worker transition into a different company. Building talent isn't the only step, however. You need to cultivate a positive work environment so that these employees have the inclination to stay. Building skills doesn't always foster loyalty, that's a whole separate ballgame.

We've built a culture around YouTube centric learning environments, where the younger generation understands that learning can happen in short and efficient segments. Gone are the days of hour long classroom marathons. We in the industry have started to make multi channel engaging content that delivers the information while actually engaging the viewers.

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Payscale acquired Agora Solutions, Talogy launched a suite of 360-degree feedback solutions and more.

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Live at the HR Tech 2022 conference, our guest Sarah White, CEO of Aspect 43, speaks with Mark Feffer about what skills *are* and looks at the bigger picture of the whole movement.

The phrase skills has become the new buzzword of the year, but a lot of these vendors and executives don't exactly use the phrase correctly. A lot of skills development platforms don't seem to be as effective as advertised, and it has a lot to do with talent mobility being the supreme issue to tackle. Having your talents be recognized is important, but personal interest and the desire for self development is the driving force to talent mobility. Understanding how your employees want to grow is an incredibly important aspect to your company's growth.

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This week in HR tech: DailyPay partners to aid financial wellness, while Ceridian releases new features for Dayforce.

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There's quite a prolific conversation to unpack in today's episode of PEOPLETECH.

Live at the HR tech 2022 conference, our two guest Jason Averbook (CEO of Leapgen) and Jess Von Bank (Head of Brand Strategy at Leapgen) speak with Mark Feffer about acquired and desired skills, the ebb and flow of this fluctuating industry, and the shift in employee power.

There's been massive shifts of trust, work types, empathy and humanity over the past few years. This industry has been flipped on its head and we need to rethink almost every single aspect of HR. We're in the middle of the biggest work experience shifts in human history.

Employee power has also shifted as well. The individual is finally given the opportunity to work on their own terms, in their own homes, and with little supervision. This isn't a loss for employers, they just need to figure out how to play the game differently. But these changes are not a moment in time, or based on the current economic climate, it's an evolution that's here to stay.

Every day 4 people retire and 1 person enters the workforce. Talent scarcity is only getting worse, so organizations have to cater to these new youthful archetypes that are breaching into the labor market or else they won't ever be able to keep moving forward. But do we actually have a labor shortage, or do we have a skills shortage? Skills have seemed to transition from "what you know" to "who you are" which is an even harder, more abstract concept to wrap our heads around.

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This week in HR technology: UKG acquires Quorbit, ServiceNow launches workplace planning solution and more.

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Live at the HR tech 2022 conference, our guest Russell Klosk (Managing Director of Accenture) speaks with Mark Feffer about rethinking compensation for up-skilled employees, and how to transition your organization into a learning oriented environment.

Russell Klosk talks about how we're finally living in a "data-driven" profession. There's been a lot of talk across ATS systems, talent marketplaces, and analytics organizations and that information has finally become accessible enough to make analytics a fundamental part of the HR space.

It's not about creating more jobs, its about the adaptability to up-skill the workers you currently have. But when it comes down to it, will this up-skilling help your employees grow? Adaptability is the new hiring technique. You already have that employee within your organization if you're patient enough to allow this individual to blossom.

We're overusing the term "AI" in this job environment. We have machine learning, massive intelligent databases, robotic processing, but if we're gauging the strict definition of the word...we are not there yet. Digging through the data trenches is a little messy, because it begs the question: at what point is this data collection pass into the creepy territory? Asking your employees to give up their freedoms for the sake of innovation is a pretty hard conversation to have in today's market. People are still quite estranged by anonymous data, as there's quite a lot of circumstantial evidence to figure out who this person is.

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Live at the HR tech 2022 conference, our guest Robin Schooling (VP of Growth and Innovation at Cielo) speaks with Mark Feffer about rethinking compensation for up-skilled employees, and how to transition your organization into a learning oriented environment.
We're bringing everything back to our roots at this HR Tech conference. Companies are reenforcing their core offerings, and it seems sticking to what they're good at is the best way to shine. Products and organizations are trying to stay their course and make sure they're the best product for a specific goal, instead of trying to be the "all in one" solution that does everything in mediocre fashion.
Buy, Build, or Borrow...the age old question.
Borrowing skills will never go away, because it's always going to be the most efficient and quick way to solve a unique problem you'll only encounter a few times. Buying skills is difficult, as talent is scarce nowadays. Growing skills might just be the best solution in today's market. Who would have thought that growth platforms and LMS's have become a reasonable alternative to hiring platforms?
The only issue is having to rethink titling and compensation for these up-skilled workers. Most companies want to grow their employees from within, but that comes with the added challenge of letting these blossoming employees shine in the manner that they deserve. Internal growth comes with more financial overhead than just the training process; you need to be comfortable with compensating these individuals more for their newly acquired skillset.
Getting to a point where learning is acknowledged as an important organizational goal takes a lot of restructuring. Business leaders, upper management, and the company culture all need to be on the same page so that identifying internal growth opportunities is seamless enough to even attempt it. Propping up your employees is no easy task if you never have done it before, but with the right effort and mindset any organization that puts in the effort can get there.

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In this week's HR technology news roundup: Paycor launches leadership program. Employees (heart) transparency.

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