ADP: Services sector powered private payroll gains in Oct. | Survey: 33% of employees feel less engaged at work | HR expert foresees changes to employee learning
Private payrolls gained 239,000 jobs in October, a higher-than-expected tally that was driven by strength in the services sector, according to the ADP National Employment report.
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Roughly 33% of employees are less engaged at work, reveals a survey of over 1,600 individuals conducted by The Conference Board, which also uncovers that 36% of employees have less of a sense of belonging and 37% have less intention to remain at their current job. The Conference Board's Rebecca Ray says, "[A] likely recession may slow some of the high turnover," but adds, "For businesses to truly thrive, they should focus on improving employee engagement, no matter the employee's work location or schedule."
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Individual coverage health reimbursement arrangements can help companies and organizations serve the needs of defined groups of employees who would not otherwise be eligible for coverage. ICHRAs can help employers budget for health care more effectively and better support staff members who work part time or on an hourly or contract basis.
Jennifer Abruzzo, general counsel of the National Labor Relations Board, has issued a memo stating that in any surveillance of employees or use of artificial intelligence in such a pursuit "the employer's interests must be balanced against employees' rights" under the National Labor Relations Act. One lawyer suggested such a standard might be a "very high bar" for companies to meet.
Workforce insights are propelling more chief human resources officers into the CEO seat, including former Unilever CHRO Leena Nair, who is Chanel's global CEO, and the bump up from Make-A-Wish Foundation CHRO to CEO for Leslie Motter. "The CEO of today looks different from how they came up into that role just five years ago," says Sachi Vora, a partner at executive search company Heidrick & Struggles.
Years ago, I did a webinar with a superintendent in Washington state. Chip Kimball was a unicorn among his peers. At the time, he was one of a small handful of school chief information officers in the country who was ascending to the role of superintendent. It was almost unheard of. Superintendents almost always came from academic-related roles. They weren’t harvested from the IT desk.
But education was changing and technology was playing an increasingly larger role, in operations and teaching and learning. Forward-thinking districts realized they needed people with deep technology experience in the high decision-making roles.
We’re seeing this type of trend today as a growing number of CHROs move into the top job in their organizations. It’s not hard to see why. “[P]andemic headwinds, shifting employee-employer power dynamics, economic volatility, and the growing expectations of stakeholder capitalism have made the leap from HR to the corner office more plausible,” writes Amber Burton.
It makes sense. I’ve met a few CHROs who I know would be effective leading their companies. They have mental acuity to learn what they don’t know and the emotional stamina to make hard decisions and go the distance with the competition. Best of all, though, they know how to navigate the tricky waters of recruitment and retention and the value of having social capital with their teams.
What do you think of this trend? Will we see more CHROs moving up? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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