HR Brew // Morning Brew // Update

September 11, 2024

PRESENTED BY

Greetings, friends! Widely panned after her Olympic debut in Paris, Australian breakdancer Rachael "B-Girl Raygun" Gunn has been ranked No. 1 by the World Dancesport Federation (the international body that governs that style of dance and others). It’s a reminder to HR pros across the globe of the importance of performance management processes that evaluate employees comprehensively—and that one bad review doesn’t mean you’re bad at your job.

In today’s edition:

Up and out

Office politics

Coworking

—Paige McGlauflin, Kristen Parisi

RECRUITMENT & RETENTION

Raising the bar

An illustration of nine hands, each holding a résumé, popping out of a laptop screen.

Abscent84/Getty Images

It’s a hard-knock ~~life~~ labor market for job-seekers right now, and employers are only making it worse. That’s according to Workday’s newest Global Workforce Report, released on Tuesday. The research is based on internal Workday data, and a survey of more than 1,000 managers and business leaders conducted with Hanover Research.

Things are heating up. Workday’s latest data reflects what job-hunters have lamented this year: competition for jobs is getting harder. The share of global applications on Workday’s platforms grew by 31% in the first half of 2024, compared to the same period the year prior. Applications grew four times faster than hiring demand, which grew by 7%, according to Workday’s data, while the number of offers made changed little from the year prior.

At the same time, employers seem to be raising the bar for candidates, in part to help alleviate recruiting teams’ burden of parsing an increasing volume of applications. Nearly three-fourths (72%) of leaders surveyed by Workday and Hanover Research for its report said they were raising qualification and experience requirements for candidates, and 59% expect this trend to continue over the next year.

Overlooking flight risks. While employers increasingly focus on upping the ante for job seekers, they also face losing their key employees. Around 75% of industries tracked by Workday saw an increase in turnover for high-potential employees.

Keep reading here.—PM

PRESENTED BY LEAPSOME

Stay ahead of workforce trends

HR ain’t getting any easier. From the rapid rise of AI to economic pressures to a much more distributed, diverse workforce, it’s a lot for people professionals to keep up with.

Luckily, Leapsome is close to releasing the annual Workforce Trends Report—and you can sign up to get a copy as soon as it launches. The 2024 edition will feature brand-new data on the impact of the difficult business climate, AI and automation, changing work structures, and tooling challenges.

Together with Opinium, Leapsome surveyed 2,500 global professionals to learn about their evolving needs and ways of working. Here are just two striking stats they discovered: 85% of HR leaders are under pressure to reduce their spend or budget, and 58% struggled to get budgets approved last year.

HR STRATEGY

Are we aligned?

A cubicle desk with red and blue megaphones representing partisan political debates at work.

Francis Scialabba / Dianna "Mick" McDougall

With less than two months until Election Day in the US, politics seems to be seeping into the office, whether employers like it or not.

More than one-third (35%) of US millennial and Gen Z workers surveyed by Indeed admitted that they talk about politics at work, and 44% have heard others discuss it. Despite this, 54% of respondents said they’re “uncomfortable” with it being discussed in meetings.

Chief Human Resources Officers (CHRO) have largely taken a “hands off” approach to political discussions in the workplace, according to a 2024 survey of HR leaders by the University of South Carolina. Employers, it found, are more likely to remind workers how to engage in respectful political conversations.

Still, 16% of Indeed respondents said they’ve avoided colleagues with different political beliefs.

Keep reading here.—KP

RECRUITMENT & RETENTION

In lockstep

Eric Lund

The tech industry may be facing a labor cooldown, but that doesn’t mean the whole sector is struggling. In fact, information technology (IT) is one of the fastest-growing sectors in the US, according to Indeed.

Eric Lund, head of global recruitment at IT firm Kaseya, which expects to be the sixth-largest software company by 2030, has experienced this growth. Its global staff has ballooned from 1,500 when Lund joined in 2021 to nearly 5,000 today. As the company continues to expand, Lund plans to stay in lockstep with that growth—which is no simple feat.

Lund currently oversees a team of 25 recruiters who support hiring for all levels of the company, though he expects his team to grow as well. His primary focus has been both ensuring his team is always evolving their recruiting practices, and that the talent they hire is a best match for the firm’s long-term strategy.

“The skill sets that you were using for 1,500 people are very different than the skill sets you’re going to be using when you’re 5,000 people. So as we continue to grow…what you’re doing is going to be different,” Lund told HR Brew. “Our organization has to reinvent itself every year, and it’s important that those people that we hire are able to scale and grow with our organization.”

Keep reading here.—PM

TOGETHER WITH PAYLOCITY

Simplify with AI. Think of the biggest hurdles in HR: making processes more efficient, decisions more data-driven, and workplaces more engaging and inclusive. In Paylocity’s guide, you’ll learn how AI can solve all those challenges. And in the process, you’ll get more time to focus on the human side of HR. Get your guide.

WORK PERKS

A desktop computer plugged into a green couch.

Francis Scialabba

Today’s top HR reads.

Stat: Last year, median household income rose 4% from 2022 to $80,610. (Reuters)

Quote: “This poses a once-in-a-lifetime risk and opportunity for the industry in the Philippines.”—Akshay Khanna, managing partner at Avasant, on AI’s threat to employees in call center hotbeds like the Philippines (Bloomberg)

Read: Starbucks employees are on edge as the company’s fourth CEO in three years takes the reins of the coffee giant this week—assuaging their fears will be a top priority. (the Wall Street Journal)

Stay ahead: Be the first to receive Leapsome’s 2024 Workforce Trends Report when it drops by signing up today. You’ll get all the data on AI usage, changing work structures, and more. Don’t miss it.*

^{*A message from our sponsor.}

JOBS

When’s the last time you landed a job by applying cold? We’ve partnered with CollabWORK, the first community-powered hiring platform, to bring you curated jobs from companies looking to connect with HR Brew readers. Apply here to start your search and join CollabWORK for free.

SHARE THE BREW

Share HR Brew with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.

We’re saying we’ll give you free stuff and more friends if you share a link. One link.

Your referral count: 0

Click to Share

Or copy & paste your referral link to others:
hr-brew.com/r/?kid=9196cb13

ADVERTISE // CAREERS // SHOP // FAQ

Update your email preferences or unsubscribe .
View our privacy policy .

Copyright © 2024 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

☕️ Great Expectations