Sunday reading for May 18, 2014:
1. According to a poll by the Society for Human Resource Management (SHRM) (thanks to Dana Wilkie for the summary), pay now ranks as the number one driver of job satisfaction for the first time since 2007. That people are starting to think about pay again now that the economy has largely recovered from the financial crisis is of no great surprise, but this does suggests employers will need to focus more on extrinsic rewards when thinking about retention going forward. And retention is going to be an issue…
2. According to a recent study from CareerBuilder (credit to WorldatWork for the summary here), about a third of employers now expect employees to job hop over the course of their careers. And they aren’t wrong – according to the study a quarter of workers have held 5+ jobs by the age of 35. I would like to see how much of this population is skilled versus unskilled in order to better contextualize the impact on businesses, but the fact that we’re seeing this trend means that it’s more important than ever for organizations to optimize the knowledge management process The critical experiences that well-tenured employees have historically brought to the table is going to be more sparse going forward.
3. Dr. Tomas Chamorro has an absolutely outstanding article up on Forbes espousing the merits of integrating personality assessments into one’s hiring process. I am on the record for and against using behavioral and personality assessments – depending on the reason. With that said, if you’re on the fence Chamorro makes some compelling arguments for their utilization that just might convert you – or at least make you less skeptical. Check out the entire piece here.
4. Are you more well-suited to be an entrepreneur or an executive? British-Pakistani entrepreneur and television personality James Caan asks us to consider the different (and often conflicting) skill-sets required to do both roles and how those differences impact what sorts of people are successful at the tops of organizations. Check this one out here.
As always, please share your thoughts in the comments section below.