12
5 TRENDS EVERY HR INTERN TO EXECUTIVE SHOULD KNOW LEADER

INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

5 TRENDS EVERY

HRI N T E R N TO E X E C U T I V E

SHOULD KNOWLEADER

Page 2: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

HR leaders who automate employee integration and retention programs put their organizations on the fast track

5 key trends every HR leader should know

p.5 New employee integrationp.6 Continuous feedbackp.7 Technology table stakesp.8 Diversity and inclusionp.9 Retention, retention, retention

Integration & retention best practices

Excite, engage, and empower your people with vi Global

PAGE 3

PAGE 4

PAGE 10

PAGE 11

Page 3: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

HR leaders who automate employee integration and retention programs put their organizations on the fast trackYour company is alive; we help it thrive. We focus on the nucleus of your company—your people. We help you build and retain a team of the best possible people, performing at the top of their game and pouring their heart into your organization.

There’s a war on talent and vi is a resource HR teams deploy to immediately put new employees on the fast track, and keep existing top performers connected. Studies show that it is taking HR teams much more time to find the right talent and it’s harder still to retain key team members.1,2 As one of our legal client’s put it, “There’s a war on talent out there, and we just upped our game with vi.” If you’re ready to take control of employee retention, you’re ready for vi.

This eBrief highlights five critical employee integration and retention trends every HR leader should know. From summer interns to executives, we pair each research-backed trend with actionable recommendations outlining: 1) what you can do to stay ahead of the trend and, 2) how vi Global can help. We wrap by highlighting integration and retention best practices to inspire you.

87% of employers say improving retention is critical

51% of employees are looking for a new job

3

1 Source: Forbes2 Source: Zane Benefits

Page 4: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Five key trends HR leaders should know

The (r)Evolution of cultural connection and retention. Dissatisfaction in the workplace is driving a conversation about employee engagement, diversity, retention, and satisfaction. Surveys find that only 13 percent of employees feel connected at work and more than 51 percent are actively looking to leave their current jobs.1

Employees want to work for companies that inspire them, value them, and invest in them from Day 1. From summer interns and early career contributors to senior leaders, and CEOs— employees thrive on engagement that’s tuned in and turned up.

It’s time to put new ideas to work. The following trends are worth an investment of your budget and attention—right now. Interns are coming, and new employees need traction. It’s time to get started.

New employee integration “tracks” jumpstart cultural engagement

Real-time feedback keeps top performers on humming

Technology speeds engagement—we’ve got an app for that

Workplace diversity and belonging strengthens your culture

Retention is critical as talent gaps widen

1

2

3

4

5

4

1 Source: OfficeVibe

Page 5: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

New employee integration jumpstarts cultural engagementFinding and linking to great talent is one thing, rapidly immersing new hires into your culture is another. Sixty percent of attrition is voluntary, and 50 percent happens in the first 12 months of employment—often due to a lack of cultural engagement. Over 90 percent of executives feel keeping new hires is an issue for their organization and all feel early integration programs are a key weapon in the war on talent.1 Studies show that consistent engagement at the beginning of an employee’s tenure leads to better long-term retention and productivity.

53% of HR professionals say employee engagement rises when integration is improved Source: SilkRoad, State of Talent 2017

Jumpstart changeBeyond “onboarding” paperwork and requisite equipment ordering, build integration and cultural immersion “tracks” for new employees. From summer interns to C-suite officers, plan for thoughtful engagement with the broader team, include social recognition and real-time feedback. Directed outreach and cultural immersion help new employees engage on Day 1.

vi can helpWe’re experts in new employee integration and employee retention. We’ve sharpened and refined best-practice engagement guides building employee integration “tracks” lasting 3, 6, 12, or 24 months. Customize our pre-defined engagement workflows to match your budget, culture, and team. Make sure no new employee falls through the cracks, and every team member is engaged—from Day 1.

vi solutions at work Internship Program Management, New Employee Integration, Goals, Retention & Diversity

5

53%

1 Source: Korn Ferry

Page 6: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Real-time feedback keeps rock stars hummingAccording to IBM’s Global Workforce Index, a key driver of a positive employee experience is continual feedback.1 42 percent of employees feel their accomplishments go unnoticed. A culture of recognition, feedback and growth is core to employee engagement. Creating an environment of real-time feedback keeps employees on track and connected.

REAL-TIME FEEDBACK GETS A THUMBS-UP 71% of employees and managers say technology powering real-time feedback will improve performance management and 67% say it’s a positive HR changeSource: Accenture, Technology Reinvents Performance Management

Keep them hummingReal-time feedback powers contribution and collaboration at its best. Leverage technology that keeps the lines of communication open for real-time evaluations, feedback, and high-fives.

vi can helpEveryone thrives on feedback and vi powers two-way, real-time communication across your team, from any location. Shift lagging evaluations into real-time actionable insights keeping top performers on the right track and plugged in.

vi solutions at work Internship Program Management, New Employee Integration, Work Allocation, Performance Management

6

1 Source: IBM

Page 7: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Technology speeds engagement— we’ve got an app for thatIn today’s global, distributed, and diverse workplaces, technology powers 24x7 communication but stops short of powering human engagement. Change is coming! HR leaders are turning to tech to take programs like internship management, early career engagement, new employee integration, continuous feedback, and skill building to the next level. Technology advances put the power to manage complex, multi-location programs with thousands of employees, at your fingertips.

GET RESULTS WITH TECH “Technology has become completely unified into the everyday life of millennials. They no longer ask for sufficient technology at their jobs; they expect it.” - Forbes

Speed engagementNew HR tech solutions are intuitive, easy-to-use, and easily integrated with mainstream HR platforms. Cloud-based solutions are quickly tailored to your specific needs and expand to offer solution continuity for new hires, early career employees, skill building and goal setting. Look for solutions that help you identify, coach, and retain key employees at every stage of employment and every level of contribution.

vi can helpWe leverage technology and deep industry experience to immerse new employees in your culture and help existing team members stay engaged. Using robust analysis and technology-forward thinking, we solve people challenges with pinpoint accuracy through tools your employees will actually enjoy using. At-a-glance dashboards give leaders a bird’s-eye view of the entire program.

vi solutions at work Market-leading technology including: visual dashboards, real-time feedback and evaluations, interactive work allocation, mentor assignment, and role-based integration tracks

7

Page 8: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Workplace diversity and belonging strengthens your cultureDiversity and inclusion are central themes for HR teams; both foster a sense of belonging. Inclusion is about involving people actively in the operations and development of your business. Diversity–generational to gender and ethnic to experiential, is directly tied to engagement and belonging. Evidence suggests that a focus on belonging frames inclusion initiatives in the workplace, which leads to greater retention.

THE INCLUSION AND ENGAGEMENT GAP The largest engagement gap is between New Joiners (0-1 year) and Tenured Employees (4-6 years) where engagement drops, and disillusionment begins.Source: Culture Amp, New Technology Industry Diversity & Inclusion Report 2017

Diversify your workplaceDifferent work and learning styles tend to keep top contributors invested in their jobs long term. Having a diverse workforce helps your business have a richer source of creativity and reach a more diverse customer base. Inclusion fosters collaboration, communication, engagement, and belonging–all underpinned by inclusion.

vi can helpFrom new employee integration and retention tracks, to internship management, skill building, workload forecasting, real-time feedback, and engagement analysis, we help companies keep their focus where it belongs—on their people. We help you capture the enthusiasm and creativity of your workforce and channel it into your culture.

vi solutions at work Internship Program Management, High Volume Recruiting, New Employee Integration, Diversity & Inclusion Tracking, Goal Setting

8

Page 9: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Retention is key as talent gaps widen

Retaining top talent leads to increasing revenue, reduced costs, and improved service. It’s now a critical priority for 87 percent of HR leaders across all vertical markets, but fewer employees are feeling connected. The talent gap is widening, and it takes longer to find the right talent, spelling trouble for HR teams. When replacing top performers costs 100 – 300 percent of their base salary, retention take center stage.

87% of HR pros list retention as a critical challenge and 46% say it’s their #1 priority Source: Globoforce, Kronos

Connect to retainStudies show that the more connected employees feel to an organization, the more likely they are to stay. Companies can increase employee engagement by providing mentors, designing role-based integration tracks, promoting work in teams, fostering team cohesiveness, providing real-time feedback, and providing clear socialization and promotion of the company’s goals, values, culture, and talent

vi can helpHR leaders take charge of their talent pipelines and employee communities with vi Global. Our software spans a person’s entire career, from Day 1 as a summer intern, through manager, right up to CEO. We help you infuse people with passion and purpose for their entire career.

vi solutions at work Market-leading technology including: visual dashboards, real-time feedback and evaluations, interactive work allocation, mentor assignment, and role-based integration tracks

9

Page 10: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

Get inspire.Integration & retention best practices

Ready to take the next step? Get inspired by HR leaders who are championing change and taking control of programs from internship management to new employee integration and retention to top performer engagement.

vi knows building a great corporate culture starts with finding the right candidates, but it doesn’t stop there. That’s why we give you the tools to engage, integrate, and inspire your superstars at every stage of their career. With vi, you never have to worry about losing key employees to LinkedIn recruiters, and your new employees won’t fall through the cracks. Find out more at viglobal.com.

“Our early career and summer intern groups are millennials who want real-time feedback using a tool that’s as easy as any sharing app. vi delivers exactly that experience for all of our team members.”

Kate FordTalent Acquisition ManagerPaul Hastings, LLP

“I have to say that I absolutely love your product, but even more so I love working with Segun Atwell. He has made the transition to vi very easy for our firm. He is always available to us when we need him and works tirelessly to create a solution to any of our needs.”

Georgia W. SussmanManager of Professional Development Herrick Feinstein, LLP

“We could not be happier using vi. The platform is intuitive, user-friendly and entirely customizable.vi has allowed us to become a more efficient recruiting team, providing a high-quality experience for our internal clients, candidates, and vendors.”

Shannon DavisDirector of Legal Recruiting Mintz Levin

10

Page 11: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

CONCLUSION: HR Leaders can do more with vi GlobalAt vi, we believe that employees show up for work, but people who are inspired give you their energy, passion, and ideas.

Beyond hiring employees, we help companies unlock their team’s excitement, dedication, and commitment to excellence. We believe that employee retention challenges only take the corporate spotlight when engagement, excitement, and empowerment falter. In today’s global, distributed, and diverse workplaces, technology powers 24x7 communication but fails to power human engagement. At vi, we use technology to capture the spirit and enthusiasm of collaboration, engagement, and passion in the workplace.

We have reimagined how technology brings excitement back to work. Starting with Day 1 as a summer intern, division director or CEO, our talent management solutions empower, engage, and unlock the passions of the people who are the lifeblood of every great company.

If you’re ready to take action, vi Global can help.

11

Page 12: INTERN TO EXECUTIVE HR 5 TRENDS EVERY - viGlobal...Your company is alive; we help it thrive. We focus on the nucleus of your company— your people. We help you build and retain a

vi transforms hiring people into unlocking their passions. We help you build the most successful company imaginable, by focusing on the nucleus—your people. We believe that people are the DNA of successful companies. Our mission is to empower you to create the best corporate DNA possible—by hiring the right people, developing them, and retaining them. With a strong presence throughout the U.S. and Canada, vi is recognized as one of the industry’s most innovative people management solution designers.

Visit viglobal.com to learn more and connect with us on Twitter and LinkedIn.