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The Rise of The Meaningless Promotion & What To Do

Great news! You’re an asset to your company. You’ve been given more responsibilities…but no promotion. What can you do? Have you ever been given a boatload of new responsibilities without the title and pay increase to go with it? Or perhaps you got the title along with a vague promise that at “some point in the future” you’d get a raise to match your new responsibilities? It happens far more often than it should: A promised promotion that turns into nothing more than more work.

Promotions in title only aren’t a new phenomenon. Some leaders may think that by offering you a better title, they’re honoring your contributions and showing that they value you. Some might offer promotions in title only as a way to retain talent when attrition starts to spike. Or, with the pressure to show progress on their diversity, equity, and inclusion (DEI) commitments, some companies will be looking for shortcuts — without doing the meaningful work.

Since the “diversity tipping point” of 2020, companies have pledged more than $35 billion toward advancing racial equity. With renewed attention on the lack of representation of Black talent across many industries, companies are under pressure to have their employee bases reflect the changing demographics of the U.S. Adidas, Facebook, Salesforce, Target, and The New York Times are examples of organisations across industries that have published pledges on their commitment to increasing representation of Black talent and people of colour more broadly.

Additionally, with the pandemic having had a devastating impact on women, companies are under pressure to hire and advance more of them. According to the National Women’s Law Center, women’s workforce participation has already dropped to 57%, the lowest level since 1988. Movements including The Marshall Plan for Moms, founded by activist Reshma Saujani, are upping the pressure on the public and private sector to help women get back into and stay in the workforce.

Offering fake promotions can be a form of diversity washing, where organisations look for quick fixes to their public DEI commitments. Here’s what to do if you fear you may be the target of diversity washing and are being offered a fake promotion.

Determine if it’s a fake promotion

Start by assessing what you’re being offered. What level are you currently at, and what is the proposed title they’re offering? For example, if you’re a manager being told that you should start calling yourself a director, what’s the difference in responsibilities? Will you be compensated as a director now? Remember that base salary is only one part of a compensation package. For example, at some companies, the director level comes with stock grants, access to a company-appointed financial advisor, and life and disability insurance.

Watch out for these other telltale signs that you’re being offered a fake promotion: Your manager makes no organisational or team announcement to share the news of your promotion. Or you’re pressured to change your title in your email signature and on LinkedIn to indicate to clients and vendors that you’re now a senior team member, but you see no change to your title or level in internal human resources systems, such as Oracle PeopleSoft or Workday.

Finally, figure out who else has been recently promoted to the title you’re being offered and talk to them. If they aren’t comfortable sharing what they’re making, ask them what the elements of the compensation package are at that level. Comparing the promotion you’re being offered to how others with the same title are being valued will be key in determining what you do next.

Take the title

If your boss makes it clear that you aren’t going to see any increase in salary, fight for the title increase. Why does it matter? I mean, other than your mom being proud of you. It matters because recruiters use titles as a proxy for responsibility level. They don’t go down each line on a resume and make note of the individual responsibilities on the first pass through. (They do, once they’ve narrowed down the pile.)

But, on that first pass through, you’re more likely to be hired into a job as a manager if you already have a manager title on your resume. If you’re acting as a team lead, it’s best to have that on your resume–even if there’s no salary to go along with it.

You Would Have No Real Authority, But Would Be Accountable

So you got that promotion and now have some employees reporting to you. But you may find it frustrating to learn that while you’re accountable for your department’s performance, there are outside factors that impact your ability to control outcomes. Before accepting a promotion, try to gauge how much input you will actually have on key decisions.

Your Work-Life Balance Would Suffer

Is this new job going to require longer hours at the office? Will you be on the road constantly? Will you constantly be on call? You may be at a point in your life when you need to be home more often to care for kids or an elderly parent. Or maybe you just want more time to pursue various interests. CNBC last year reported on some dads who said no to promotions because they wanted to spend more time with their families. You should not be so reliant on that extra paycheck that you’re willing to sacrifice the quality of your non-work life.

Decide whether to accept the new title

If you’ve determined that this is a fake promotion and you can’t find allies in your organisation to help, your decision is now whether or not to accept the offer. You should weigh the pros and cons of accepting the new title being proposed. While a bigger and better title may seem like a good idea, it may also leave you with self-doubt and make you question why you aren’t being treated fairly and equitably compared to your peers.

With the pressure to ensure the inclusion and advancement of people of colour and women, organisations must ensure internal practices are actually fair and equitable. Fake promotions can be another diversity-washing tactic that might ultimately give you a reason to go for the exit. If your company is willing to give you the title, they should also be willing to pay you, value you, and recognise you.

Given our current situation knowing that your colleagues or employees are best suited for this new scenario we find ourselves in. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It is now important to find out whether your managers or your team is well-equipped of working together from various locations. It requires deep knowledge of their personalities, strengths, weaknesses, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you discover if your people are resilient during times of hardship, if they are autonomous, if they are team players, without actual human contact. Given that our platform is cloud-based, everyone can use it from home as well. Humanity finds itself at a crossroad for various reasons now, why not help people discover and develop themselves from the comfort of their own homes?

Request a free demo:

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Sources:

https://www.business.com/articles/when-a-promotion-is-not-a-promotion-what-can-you-do/
https://hbr.org/2021/11/so-your-boss-offered-you-a-meaningless-promotion
https://sloanreview.mit.edu/article/what-makes-work-meaningful-or-meaningless/

Trouble in Hiring? Workplace Culture May Be The Answer

Workplace culture continues to evolve as the COVID-19 pandemic persists. If you’ve tried to recruit someone into your business over the past several months, you know how difficult it is to find qualified talent. If you’ve tried to recruit someone into your business over the past several months, you know how difficult it is to find qualified talent. While it’s easy to blame the pandemic for this disruption to the marketplace, this is likely a problem that will continue for at least the next decade.

According to the Bureau of Labor Statistics, there are around 10 million positions currently open. At the same time, the Department of Labor reported there are 8.7 million potential workers who have been looking for jobs and are counted among the unemployed. That means we have a significant shortfall of available people to fill our positions. Employers are also reporting that the candidates who are applying have a mismatch of skills and they’re not seeing people who are able to meet their specific needs. Baby Boomers are exiting the workforce to enter retirement and are further complicating the already difficult hiring landscape. For companies that are trying to scale and grow, this is a challenge. If these same companies are willing to take a critical look at their workplace cultures and make adjustments now, hiring and retention don’t have to be quite so troublesome.

So, what is workplace culture? 

That’s a good question, because many people think of workplace culture as being about the look and feel of their environment. But an organisation’s culture is the set of behavioural norms and unwritten rules that shape how employees interact and get work done. Workpalce culture is critical to creating the best experience for employees. Corporate culture is formed from a company’s daily practices, traditions, beliefs, and programmes. When your workplace culture isn’t being treated as a priority, it’s reflected in employee performance, productivity, and retention.

Take a look at your culture to determine what’s working and what’s not

We have a tendency to look at the monthly profit and loss and the economic indicators of success in our businesses, but we also need to focus on our employees and their experiences working for our companies.

If you care about your customers and their experience with your business, you should also be focused on your employee experience. Customer experience is a direct result of employee experience. A well-designed employee journey allows your staff to understand their value to your organisation. They feel well cared for and are set up for success at every key milestone during their employment. If your company hasn’t conducted a culture audit in the last two years, or you’ve never completed this exercise, it’s a good practice to learn what’s really going on in your employees’ journey. The culture audit can be as simple as asking employees what’s going well and what’s not, as well as learning more about the challenges they’re facing in their daily jobs. If you’re feeling really brave, you can also ask them questions about what would cause them to leave your organisation.

How much does workplace culture ‘cost’?

Culture often doesn’t have a line item in the corporate budget, but it should. Efforts to improve workplace culture almost always pay for themselves. When you have a workplace culture that supports employees, retention becomes easier, recruitment and re-recruitment costs go down, diversity happens more organically, and productivity goes up.

What about ROI?

Consider this data: Gallup estimates that a 100-person organisation that provides an average salary of $50,000 could have turnover and replacement costs of approximately $660,000 to $2.6 million per year. Even if your workplace culture efforts only save a few employees each year, it’s worth it. Companies that really excel in improving their cultures typically see significant returns in the first year.

The time is now!

It’s simple: Organisations must work hard against the forced entrepreneurship culture where smart, talented, and able employees say: I know I can do it better than you, so I will. Gather information on the employees who prefer to work virtually and understand what the non-negotiables are. Look for compromise. When employees recommit, continue to help them forge their career paths so they know you are committed to their futures, alongside that of the company. Let them know that they are valuable members of the workplace: an ever-increasing mosaic of new cultures, beliefs, and values.

A business is more likely to succeed when its culture is focused on the way employees view the company as a whole. If any of these stats felt like they hit close to home for your business, then it’s time to look into how to improve your company culture, such as how to improve internal communications, and better recognise achievements and engage with your employees.

It’s important to remember that there isn’t any “one-size-fits-all” type of culture that results in every single employee being happy and productive. But paying attention to what is achievable in regards to improving your culture will pay off majorly for your employees and your business. 

Given our current situation knowing that your colleagues or employees are best suited for this new scenario we find ourselves in. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It is now important to find out whether your managers or your team is well-equipped of working together from various locations. It requires deep knowledge of their personalities, strengths, weaknesses, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you discover if your people are resilient during times of hardship, if they are autonomous, if they are team players, without actual human contact. Given that our platform is cloud-based, everyone can use it from home as well. Humanity finds itself at a crossroad for various reasons now, why not help people discover and develop themselves from the comfort of their own homes?

Request a free demo:

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Sources:

https://www.saplinghr.com/blog/7-inexpensive-ways-invest-company-culture
https://www.morningstar.ca/ca/news/215638/moving-to-culture-20.aspx
https://fortune.com/2021/10/13/respectits-transform-your-company-culture-workplace/

Working from Home in the VUCA World

The Covid-19 virus has reached the pandemic level. This has brought up to everyone’s attention that we are experiencing the full-force of the VUCA (Volatility, Uncertainty, Complexity, Ambiguity) world.

Stock markets have taken a dive, supplies have slowly started to be stretched, events are being cancelled all over the world and travel bans are in-place in various countries. One thing is certain as of this moment, that our work patterns have changed, maybe even forever. For now, we are only talking about the short-term.

Many organisations and small businesses have instilled mandatory ‘work from home’ arrangements whilst others have banned any face-to-face client meetings and international travel. Given the fact that now everybody who can, works from home, it has taken some of the novelty around this subject. As with anything in this world, every unique situation has its pros and cons.

Job descriptions that still offer the old 9-to-5 model without any possibility of flexible working hours are rarely convincing anymore. It must also be taken into account that digitalisation has also changed the game by shifting old paradigms. Nowadays, employees strive for self-realisation and want to find a job that fulfils them. Their own personal demands put them under pressure, because if we are being honest, even the best job in the world will eventually fall into routine.

The ever-growing technological advancements also put a strain into today’s workers. Artificial Intelligence, robotics, machine learning are the ‘new kids on the block’ with large corporations giving them their full attention. They are posing a challenge to people’s intelligence, our talents and skills. The question that is on everyone’s lips is will humans be replaced by machines. Will that push people towards jobs with a more humanistic side to them?

Thousands of people are likely to be working from home for the first time this week due to the coronavirus outbreak. For others, it’s just like any other week. However, everyone will need their own customised solution to keep themselves productive during these trying times. As mentioned above, there are good news and bad news when it comes to working from home.

Firstly, we have the good news. People may end up being more productive when they don’t spend hours commuting or in meetings, taking long lunches or catching up with the latest gossip around the water cooler.

Secondly, there is bad news ahead of us as well. People will have to set office routines without the external pressure to turn up on time, to be productive and take regular meal breaks. Self-discipline is of the utmost importance when working from home and some sound advice is to actually get dressed for work, even though working whilst still in your pyjamas sounds like the perfect working scenario. But if you talk to colleagues or customers over video links, appearances must be kept, plus it gives you the feeling that you’re actually at work which increases productivity. Talking to your co-workers on subjects even unrelated to work may help you keep engaged.

What are Psychometric Tests?

If you haven’t had to complete a psychometric test up until now, stop worrying. You definitely will. Chances are that at your next job interview, you will go through this process. Generally, they consist of a series of timed questions, which revolve around numerical, verbal and logic skills. The tests are aimed to assess the abilities of candidates and their suitability for a particular role. Furthermore, it must be stated that these types of tests have evolved a lot since their inception. Now they are used in a wide array of organisational areas to find out whether someone has the necessary emotional intelligence to be a high-ranking manager, how good of a team player they are based given the fact that they are introverts or extroverts, if working from home has an impact on someone’s productivity and engagement level.

How can Great People Inside help you assess your ‘remote working’ workforce?

First of all, we are aware that the first step to improving the workforce is that of identifying the key aspects that define your workforce. Once we have accomplished this first step, we will know what the key performance indicators are, what to look for when assessing employees by developing a well-structured competence system.

Secondly, our platform is extremely easy to customise in order for it to meet your specific needs. We offer you the possibility of either choosing one of the available models we have in place or you can request the appropriate dimensions to match your specific needs, thus making your whole evaluation process a lot easier.

Given our current situation knowing that your colleagues or employees are best suited for this new scenario we find ourselves in. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It is now important to find out whether your managers or your team is well-equipped of working together from various locations. It requires deep knowledge of their personalities, strengths, weaknesses, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you discover if your people are resilient during times of hardship, if they are autonomous, if they are team players, without actual human contact. Given that our platform is cloud-based, everyone can use it from home as well. Humanity finds itself at a crossroad for various reasons now, why not help people discover and develop themselves from the comfort of their own homes?

Request a free demo:

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Great People Inside Conference: HR (R)Evolution – 11,12 October Brasov, Romania

Registration for the Great People Inside Conference: “The New World of Work” – the only international event held in Romania for 14 consecutive years –  has started!

We are currently at the beginning of the 4th industrial revolution.
Professional transformations are set in motion by globalisation and technological revolutions, especially a digital revolution – going from mechanical technology towards digital technology. The speed at which these changes are occurring is not going to slow down – in the next 20 years we will witness a continuous revolution of the workplace and workforce, marked by volatility, uncertainty and complexity.

The Great People Inside Conference: HR (R)Evolution, which will take place on 11&12 Octomber 2017 at Kronwell Hotel, Brasov, Romania,  will launch into interesting and challenging discussions regarding the pace of technological changes being made, the effects it has on jobs and the implications it has on HR, organisations, and employees.

A unique concept bringing together business representatives, entrepreneurs, managers, specialists and researchers in the field of human resources from all industries; psychologists, representatives of central and local authorities, large consulting companies, as well as internationally renowned experts from the United States of America, Canada, Czech Republic, Italy, Spain and Germany.

The 2-day programme combines thematic presentations, bold conversations and group discussions in an interesting manner, with the purpose of discovering techniques and strategies that will determine success in the near future, eliminating the uncertainty of this transitional moment and preparing for the rapid changes that occur in the workforce.

An event dedicated to sharing ideas, inspiration and information regarding the future of work.

For more information, please visit the conference’s dedicated website.

 

How Will Technology Shape HR in the Future

In our present times, there is an increasingly high interest for investment in HR technology. According to a study done by CB Insights, in 2016, there have been over $1.96 billion invested in start-ups that exclusively dealt with HR tech. Workplaces around the world are continuously changing due to technology. The tech revolving around HR is there to automate and streamline practices in order for the department and company to become the definition of efficiency, high performance and cost-effectiveness.

The biggest challenges for HR stem from recruiting and hiring, thus, applications have come to life in order to save the employer and employee’s lives.

Artificial Intelligence in Recruitment

In today’s competitive job market, around 75% of CV’s are being screened out. Furthermore, the HR department loses numerous hours on resumes from unqualified people. Losing so much precious time represents one of the biggest challenges for HR. This is one area where technology may solve the problem. Artificial intelligence (AI) is on the front foot in regards to developing specific HR tech. Recruiting and AI fit perfectly together due to the simple fact that AI demands huge amounts of data and multi-national companies have resumes by the millions in their databases. Going through such a large database is exhausting for a person, but with the help of AI the process of screening can be done rapidly and offer a compelling list of candidates based on job requirements by means of simply grading them from best to worst. By using AI for the screening process, you might save the company up to 75% of screening costs.

Schedule and outreach automation

The interest in automating the recruiting process is continuously rising. On average, it takes 41 days for a company to fill in an available role in their ranks. On LinkedIn, there is a reported 11% rise in the volume of hirings this year; however, only 26% of recruiters have a positive headcount. Discovering top talent in today’s world is hard enough and recruiters require automation to intelligently pick their candidates.

Automation can be helpful in many ways. Recruiters can automate their calendars and email to send requests to candidates that have been identified as good matches through the use of the AI screening tool, so recruiters don’t have to deal with B-list candidates.

Training and Testing through Virtual Reality (VR)

Virtual reality simulates the environment surrounding us which can be controlled through our body movements. In a survey organised by Universum, employees working at various companies believe that in the next 10 years VR will become an integral part of their workplace. VR will be of tremendous help with testing and training. Recruiters can use this technology in order to assess a candidate’s skills and abilities.

In a survey conducted by Korn Ferry, it has been discovered that 39% of employers deal with high employee turnover rates in the first year due to mismatch. VR could be massive for the HR industry, because it could help reduce turnover by providing candidates with a realistic view of what the job actually consists of and get to understand the company culture as well. The medical industry could greatly benefit from VR. Onboarding and training could be completed by residents in the trauma and emergency sections of the hospital, where the stakes are always high.

Productivity and Engagement through Wearables

As mentioned in a previous article, one of the biggest HR trends from 2017 is employee engagement. In order to nurture it in employees, employers have started tracking their behaviours so that they can interact and communicate better at work. For example, at Microsoft, there are digital employee badges that monitor employees’ movements, who they spend their time with at and many more. This type of tech collects data which is processed and then given to employers in order to understand their coworkers and how they communicate, how to better optimise the office space and manage the dynamics of the team. This could potentially lead to a better organisation and collaboration within the company.

There are also rumours that in the not so distant future, wearable technology could lead to insights in emotions and personality during screening or interviewing.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation, can be a very challenging task. It requires deep knowledge of your own organisation’s culture and keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:
https://blog.hrtechweekly.com/

 

The Workplace of 2020 : A Different Experience Altogether

In the course of the next  few years, the workforce will be comprised of no less than five generations, starting from Traditionalists and Baby Boomers and ending with the all new “Generation 2020” – these being represented by people born after 1997. Given this situation, employers around the world will face numerous challenges in order to recruit, motivate and develop all of these different types of employees. It is believed that by 2020, the office will become mobile in order to accommodate employees worldwide. The best talents will claim imaginative, ingenious new contracts. Organisations unwilling or unable to provide such a shift in their business will suffer greatly in their mission of recruiting the best candidates.

HR departments face an uphill battle in preparing for 2020 and beyond. Large corporations are required to organise themselves globally in order to deal appropriately with employees, consumers, supply chain partners and shareholders who are dispersed worldwide. CSR(Corporate Social Responsibility) is on top of their list, followed closely by learning in terms of wikis, social media and blogs in order to extend their connectivity. Companies must adopt a series of changes ranging from operating processes to employee benefits – and everything must be done with complete transparency.

HR professionals are people too; hence they must continue to develop their skills and social awareness. They should know what is going on in their local communities, and understand its nuances, be aware of global issues and be open-minded in order to use new procedures such as crowd sourcing. By 2020, HR professionals should be proficient in everything digital and here is a list of a few things worth mentioning: video uploads, social networking, blogs, instant messaging, tagging etc.

The example given above isn’t the only change employers will have to face. By 2020, there will be 10 forces that will shape how employers think and act:

 

  1. Shifting workforce demographics” –In comparison to the 2010 workforce data, the predictions for 2020 show that US employees will comprise of even more people older than 55, more women and more Latinos. In Europe and Asia for example, due to a drop in fertility rates, the workforce will consist of even more aging individuals.
  2. The knowledge economy” –As mentioned in a previous article, the skill gap has started to represent a problem and will continue to be one in the foreseeable future. Work is becoming more technically demanding, and it will require skills such as: listening, relationship building, judgement, communicating with colleagues and problem solving.
  3. Globalisation” –For various reasons, a great number of companies included in the Financial Times Global 500, have their headquarters located in the following countries: Brazil, Russia, India or China. In just a few short years, the BRIC countries are said to become economic powerhouses. The workforce is becoming ‘virtual’, with less people on-site and with integrated headquarters operations.
  4. The digital workplace” – The digital space is growing at an increasingly high rate. Companies now require people who can cope with the sheer amount of information, whilst keeping it secure and private. Organisations are also looking for candidates who can generate new and exciting digital content.
  5. The omnipresence of mobile technology” –At a global scale, the number of mobile phones outnumber that of people. Consequently, there are countries where phones trump people.There are over 7,200 education apps already for the iPhone, some of them made by financial institutions, such as Wachovia and Bank of America, who use them for online performance support, sales training, product knowledge and sales training.
  6. The culture of connectivity” –Given the fact that we are always a few clicks away from social media, most people have become ‘ hyper connected’ and that is disrupting the balance and boundaries between home and office.
  7. Participation society” –Consumers are getting involved in improving any type of product, service and business. An example would be Best Buy’s Blue Shirt Nation, which amasses 24,000 employee users. They have gathered online via various social networks, in order to improve company operations.
  8. Social learning decade” –The period of time between 2010 and 2020 will become known as the time of ‘social networking, social learning and social media’.
  9. Corporate social responsibility” –By 2020, CSR will have become even more important than it is today. At present, 88% of people graduating university wish to work for companies that have CSR ideals complementary to their own. A great example for this is IBM’s Corporate Service Corps. They place members of their staff to work on CSR projects in developing countries where the organisation is expected to grow within the next years.
  10. Millennials in the workforce” – This group of people expect companies to use the same tools they have been using since they’ve become digitally active. Technology dominates every aspect of their lives and it comes as no surprise that 41% of millennials choose to communicate electronically at the office rather than on the phone or face to face. Millennials tend to use their own technology in the office and 75% of them think that access to technology makes them more efficient workers. Nonetheless, technology can be problematic and lead to inter-generational conflict in the workplace. This tension makes millennials feel held back by outdated working styles.

Finding the right talent, the best fit for the job and your organisation, can be a very challenging task. It requires deep knowledge of your own organisation’s culture and keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

“The 2020 Workplace” – Jeanne C. Meister and Karie Willyerd

Forbes.com