With more employees working remotely, companies may need to rethink their pay structures to retain workers, writes Jim Schleckser of the Inc. CEO Project. "The higher value and more portable the work becomes, the more you'll need to look at national averages and blended pay as your new baseline," Schleckser writes. Full Story: Inc. (tiered subscription model) (7/26)
5 Key HR Metrics That Make A Difference Cut through the noise. Now more than ever, easy-to-understand HR "People" metrics are vital for evaluating business processes and driving strategy. Learn how to leverage 5 key HR metrics to drive successful business outcomes across your organization. Find out more.
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Recruiting & Retention
Degree still required by most employers A majority of employers are still demanding a degree for entry-level roles, despite 2 in 3 acknowledging it would be easier to find suitable talent without such a requirement, according to a Cengage survey. "This outdated mindset and degree stigma is not only widening the labor gap, it's costing businesses time and money and turning away potential talent," said Michael Hansen, CEO of Cengage Group. Full Story: HR Dive (7/26)
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Americans' actual, planned retirement ages increasing The average retirement age of Americans has increased from 57 in 1991 to 61 this year, and the planned retirement age has increased from 60 in 1995 to 66 today, according to Gallup's annual Economy and Personal Finance survey. The gap between actual and planned retirement ages suggests that people are leaving employment due to employer changes or because of unexpected health or family situations. Full Story: Gallup (7/22)
Path to Workforce
Boot camp prepares women of color for STEM academia Women of color gained more support, skills and insight to help them succeed in academia through a recent research boot camp at Florida A&M University. The National Science Foundation, which funded the boot camp, says fewer than 2% of faculty who hold tenured or tenure-track positions in STEM fields at the country's top 50 research schools are women of color. Full Story: Tallahassee Democrat (Fla.) (tiered subscription model) (7/22)
The HR Leader
4 ways to deepen connections among remote colleagues Leaders must be intentional about improving connection among remote workers by emphasizing inclusion, expressing gratitude for a job done well and listening to understand and help, writes Chris Williams, chief operating officer for Interaction Associates. "For many teams, these steps will be critical to ensuring that remote employees aren't just productive but are thriving, connected coworkers as well," Williams writes. Full Story: SmartBrief/Leadership (7/26)
About the Editor
Kanoe Namahoe
I’d been listening to a friend’s children talking about college – the cost of it, how much time it would take to finish and how little value it seemed to actually yield. My friend supported his daughter’s statement that she didn’t need a degree to do the job she was doing. She’d been in it for years and had landed the job without a bachelor’s. “So I don’t even know why I’d spend the money to get a degree. I mean why?” she asked. “Because that’s the thing that’s holding you back from getting more money,” I said. I’d been quietly listening to the conversation but couldn’t let that go. She’s a smart, driven young lady and the only thing keeping her from the career and salary she wanted was a bachelor’s degree. “Baby, I hear what you’re saying and I know a lot of people are telling you that you don’t need a degree to do a job -- but, in many cases, you do need one to get it,” I said. She looked deflated and I understood why. She’s bright, energetic, driven and capable. She could do the job and deserved a higher salary. It frustrated her that a lack of degree kept her from having these things. “That sucks,” she grumbled. I nodded in agreement. Employers seem to understand that a college degree is not an indicator of job competency but many continue making it mandatory, even for entry-level positions, as we see in our top story. I understand why some fields make this mandatory (I definitely want my doctor and lawyer to have advanced degrees), but it makes no sense why it’s so rigid in other fields. (Frankly, I've often thought that journalism programs would be better suited to a trade school environment that focuses on practical skills.) This requirement is impeding the hiring process in many organizations. There has to be a better way and I hope we can speed up the process of getting there. Because in the meantime, we’re missing out on some driven, intelligent and creative talent. What say you? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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