630.953.7370
info@thehiresolution.net

WEDNESDAY WORKFACT: The Basic Facts of Work

At 20 I wanted to save the world. Now I’d be satisfied just to save part of my salary.
– H. G. Hutcheson

When you were growing up, did anyone ever tell you the facts about work? Things like why we all have to work and why it takes most people 40+ years to be able to retire? Or were you left to discover them on your own?

The facts below will help you start looking beyond the next payday and maybe find a few good reasons to take a good, hard look at how much you love what you do for a living.

1 – The reality is that most people have to work.

Unless you inherited a trust fund or recently won the lottery — you need a way to earn money to buy the necessities and luxuries of life.

2 – If no one goes to work, the world stops.

If farmers don’t work, no one eats. If teachers don’t work, no one learns. If nurses and doctors don’t work, no one is cured. For our modern world to work, someone still has to fix the phone lines, stock the grocery shelves and refill the ATMs. So even if everyone won the lottery tomorrow, most of us would still need to show up for work.

3 – You will spend at least 60% of your life working.

That includes the time you spend at work, as well as all the time you spend preparing for it, looking for it, commuting to it and recovering from it on the weekend.

4. Even with a well-paying job, you will probably still have to work for a majority of your life.

Most people live at the highest level their income will allow. (Simply put, they spend everything that they make.) And since most people also want to live at the same level after they retire, it takes roughly 40 years to save enough to comfortably retire.

5 – You cannot earn a high income just by showing up on time and doing an average job.

People who do average jobs get paid average wages. Doing a good job earns you a good salary. But to get paid a high income, you need to offer your employer or clients work they value highly. Exactly what that is (and what you really get paid for) is not always listed in your job description.

See next week’s Workfact Wednesday for five more basic facts about work from the blog, Manifest Your Potential.com.

WEDNESDAY WORKFACT: Onboarding Employees for Success

{by Christine Marino at http://blog.clickboarding.com/employee-engagement-onboarding-impacts-performance}

 

Employee engagement is a perpetual hot-button topic for employers as research have shown that as many as 70% of employees are disengaged at work. This means less productivity for employees and endless frustration for you and your management team. The best way to create a culture that is engaged and happy is by engaging your employees as soon as possible — during the onboarding process.

Use Culture to Propel Employee Engagement

There’s more to early onboarding than having legal paperwork completed by their first day. Almost 50% of potential employees explore company materials (like their careers website) to get a feel for the company’s values and cultural fit. For employers, this means “cultural onboarding” needs to start well before an employee starts working. Provide your new hires with digital information as part of their onboarding material. Be sure to explain what your company is about and contextualize their job within its larger vision. This gives your hire a better idea of the company they’re about to work for, easing them into the job.

Be Proactive and Smile

You’ve told your new hire where their office is and what events go on the company calendar… now what? What do candidates want from their onboarding? According to a recent survey by BambooHR, 23% of new hires who left their jobs within six months of starting wanted clearer guidelines about their responsibilities. 17% felt “a friendly smile or helpful co-worker would have made all the difference.” The message? When it comes to onboarding, a little friendliness goes a long way.

Better Performance Through Extended Onboarding

Research shows that employee onboarding programs increase performance by 11%. Now imagine what you could do if you truly engaged your employees before day one. The more you teach your employees before they get into the on-the-job training, the faster they’ll be able to do their job.

When performance is taken into consideration, every day counts. Even day-one.  Many companies have a probationary period, so understanding an employee’s growth from the first day is a crucial predictor to their performance in the future. The average time for a professional employee to reach full productivity is about 20 weeks. 26 weeks for those at the executive level. So no matter how minor it may be, every little thing you teach an employee through onboarding will cut down on this time, meaning higher performance and better work sooner.

It’s simple: if you want your employees to engage with your company culture, have a better onboarding experience, and grow into their own as employees more quickly, you need to engage with them before and throughout the onboarding process. Even something as simple as a positive attitude can go a long way. If you engage your new hires during onboarding, you’re setting your employees up for better performance and a better experience.

 

WEDNESDAY WORKFACT: How Americans Use Their Time

According to the American Time Use Survey from the Bureau of Labor Statistics, which used polling data to illustrate a day in the life for Americans by age, gender, and education. Here’s the information from one of the seven charts available in the survey report.

Hours Spent in an Average Work Day for Employed Adults Ages 25 to 54 with Children:

Working & related activities   8.6

Sleeping   7.6

Leisure & sports   2.6

Caring for others   1.2

Eating & drinking   1.1

Household activities   1.1

Other   1.8

{From an article in The Atlantic magazine online.}

WORKFACT WEDNESDAY: 9 Facts About Women in the Workplace

by Lisa Raphael

1. Mom is bringing home the bacon and gluten-free, sprouted bread. More than ever before, women are the breadwinners in their household. Over 40% of moms are now the sole or primary source of income in the household. Women are now the primary or co-money maker in nearly two-thirds of American families and working married women bring home 44% of their family’s income.

2. Stay-at-home dads are seriously trending right now. It makes sense (please see above) but to put it in easy to count context: one in five fathers are now the primary caregivers in their household. Over the last 25 years, the number of households that include a stay-at-home dad + a working mom have doubled.

3. Women make up nearly half of today’s labor force. Today, 47% of the workforce is comprised of women. Compare that to 38% in 1970.

4. Women will soon be the majority of college-educated workers. The number of women attending college has been steadily on the rise since the 1960s and now the number of them who attend and graduate trumps men. In 2013, women between the ages of 25 to 34 were more than 20% more likely than men to be college grads.

5. Women are breaking education’s glass ceiling. In 1968, women made up less than 10% of entering classes for historically male-dominated programs in medicine, business and law. Now, women make up almost 50% of students in MD, JD and MBA programs. Women also earn 59% of all higher education degrees.

6. More women working has meant more money in the economy. Almost all of the rise in family income since the 1970s has been due to the earnings of women. Thanks to the growth in the women’s labor force, the median family income is $13,000 more than it was in 1970.

7. Single dad families are also on the rise. Father-only families have more than tripled in the last 40 years. Currently 7% of families with children are father-only.

8. Employers need to keep up with families’ new needs. Men and women looking for new jobs are increasingly choosing career paths or specific employers who offer more flexibility when it comes to taking time off for their children or family.

9. Better workplace conditions = stronger economy. Studies show that increasing paid leave and flexibility comes with a whole slew of benefits for both the employer and the employee. Productivity gets a boost, random days off drop, more talented workers come knocking on employers’ doors. Including the economy: making it easier for everyone to work (by providing a higher minimum wage, a better work-life balance and assistance with child and eldercare) means more money flowing and greater economic gains for businesses, individuals and families. Think about this: today’s economy would be $2 TRILLION smaller without the strides women have made since 1970.

Get more info about the Working Families Summit here and read through the White House’s official doc for more facts.

WEDNESDAY WORKFACT: 2017 Retention, Engagement and Branding Survey

A new report, the 2017 Retention, Engagement and Branding Survey, explores the state of how this powerful combination is being used by HR organizations. Sponsored by SilkRoad and HR Daily Advisor, the report offers numerous insights from nearly 500 respondents, including:

  • 74% do not have an employment brand program
  • 80% ask for feedback to encourage a personal commitment
  • 51% characterize the experience at their organization as “somewhat positive”

The report is easy to read, made up largely of 10 infographics covering various aspects of employers’ retention, engagement and branding programs, along with comments from some of those employers. See all the results by downloading the report.