Blog Archives

6 quick facts to bring you up-to-date on the Australian labour market and contract talent.

For your interest, we’ve collated a snapshot of current headline employment data.  It may help us to all make better sense of some unusual pressures you may be seeing regarding attraction and retention of high performers and why supplementary contract specialists are the new norm.

  1. Yes, high performing talent is getting harder to find. The latest Australian Bureau of Statistics (ABS) data shows that full-time employment increased 11,800 to 8,697,600 and part-time employment increased 11,200 to 4,014,000. Contractor and temporary talent can fall into both these categories.
     
  2. More people are working: monthly hours worked in all jobs increased 1.3 million hours to 1758.9 million hours.
     
  3. ABS data collection shows that there are approximately 1,000,000 independent contractors – nearly 10% of the Australian workforce. (Depending on their portfolio of assignments in any one year, contractors and temporary staff can choose to be employed through the Interchange Bench directly, or through their own company.)
     
  4. Casual employees – that is employees who work without regular or systematic hours, or an expectation of continuing work – account for over 20% of the Australian workforce. (The Interchange Bench works closely with employers who have a large casual workforce to ensure that they comply with tightening restrictions on the definition of ‘casual’. Call us if you have any queries.)
     
  5. Trending: contract and temporary employees continue to offer employers great flexibility in resourcing, enabling organisations to hire right for skill, special projects, fixed-term or budgetary and headcount provisions.

  6. Business as usual in most organisations now includes temporary and contract specialists working alongside permanent staff.
Tagged with: , , , , , , , ,
Posted in The Interchange Bench, The world @work

Australians all…

I was in the office on a regular Tuesday afternoon back in August 2017, when a colleague of mine put down the phone, dropped her head and started to cry. The slightly grey Melbourne skies outside the office windows made the moment feel ominous. Catching her breath, and wiping away the tears less than half a minute later, the words of relief splashed out, “My Visa has come through!” She stood up, “I must take a walk outside to take this in.”  

Becoming Australian has a particular cachet attached; demand for residency far outstrips the allocation of 190,000 places available annually. And this continues in spite of our complaining about the painful political backdrop, a deteriorating civil society, the rise of drugs, explosion in mental illness and the decline in education. Still, relative to other countries, we’re a very lucky country.

What does it mean to be Australian, as we approach Australia Day? Every fourth Australian was actually born overseas, only one in every two of us have both parents born in Australia, and one in thirty five people, 3.5% identify as Aboriginal or Torres Strait Islander. 

On the 26 January 1788, the First Fleet sailed into Port Jackson to establish a British Colony. With scant regard for the inviolable life of the original inhabitants, the small percentage now of Aboriginal and Torres Strait Islanders resembles a slow motion scene of carnage filmed as a silent movie over the last 240 years. 

Is it any wonder then that celebrating Australia Day on 26 January will never be a party that everyone wants to attend? For those who do want to celebrate our good fortune to live in Australia, rather than in any of the 100 countries lead by despot leaders, brutalised by war or brutalising factions of its citizens, we have a lot to be grateful for and to celebrate.

Next week at work we’ll be spending an hour together, celebrating our own united nations, the heritage that makes up the people in our Australian business: Albanian, Canadian, Chinese, Croatian, French, German, Greek, Indian, Italian, Moroccan and the UK. And we’ll toast the original owners of this land, who for 60,000 years cared for our country and built the rich culture which we’ve too late come to acknowledge and respect.

What does Australia Day mean for you, and your world @work?


Featured image from the series “Undiscovered” by Michael Cook: michaelcook.net.au

Tagged with: , , , , , ,
Posted in The Interchange Bench, The world @work

Not In My Workplace!

With responsibility for three major zoos, 5000 animals, 2.5 million visitors annually and 600 permanent and casual employees, you might think that Jenny Gray, the CEO of Zoos Victoria and the current President of WAZA (World Association of Zoos and Aquariums), has enough on her plate.

Instead, as a leader with a PhD in ethics, she’s unstitched the silver lining of the Harvey Weinstein disaster and galvanised a group leading Australian CEOs to turn a negative into a positive. Whilst most of us have been appalled and many have shared personal stories of workplace harassment, Jenny Gray is one of the CEOs, Senior Executives, Chairs and Board Directors from across private, not-for-profit and public sectors making a stand to bring about change. The result? notinmyworkplace.org

You can join Not In My Workplace and you can also be part of the conversation and action plan at the first major summit taking place next February.

The Not In My Workplace SUMMIT. What’s it all about?

The plan for this high impact, highly affordable summit on February 21st, 2019 is to move from awareness to action. In one afternoon from 12:00 noon – 5:30pm at the Melbourne Convention & Exhibition Centre influential leaders and dynamic thinkers will talk about the extent and impact of sexual harassment in the workplace.

The aim is to have 1000 people together at a point in time, all who want to make a difference. And it’s clear from the stated outcomes for the summit, that the plans for the Summit are real and achievable:

  • A focus on creating actions to generate behaviours that will mobilise change as a business and as employees
  • Producing toolkits that will provide pathways for businesses and victims to seek help in a constructive manner
  • Creating a culture of empowerment
  • Developing behaviours in a business where sexual harassment prevention and support is part of the culture of a business
  • Providing real life examples of change where action plans and walk-away tools are offered

Individual booking

Please share the invitation below with your network. NIMW is very grateful to their early sponsors the Victorian Government and Public Transport Victoria.

Group booking

You can also book for a group. What a great way to start the discussions about sexual harassment in your own organisation! At only $100 per delegate, this is probably the best value Professional Development you will be able to offer your leadership team. (Not in My Workplace is incorporated under the Incorporated Associations Act in September 2018 and you are invited to join and take part in the networking, workshops and events.)

At Slade Group and the Interchange Bench we have zero tolerance for sexual harassment and continually build on our respectful culture for all employees, candidates and clients. But we can do more. By sharing this blog more people can be part of the action oriented major summit taking place next February.

What have you done in your world @work to stamp out sexual harassment?

 

Invitation: Not In My Workplace

 

Tagged with: , , , , , , , , ,
Posted in Slade Executive, The Interchange Bench, The world @work

Why you should listen to podcasts and why we’re a sponsor.

What is it about podcasts that have captured our collective earbuds? Have you noticed how at some point the watercooler chat moved from TV’s Better Call Saul to the LA Times’ Dirty John podcast? Perhaps it’s because podcasts are the better versions of the internet, screen, radio and TV that they’re experiencing the highest growth of all media. The latest figures (ABC 2017) show that 89% of us are aware of podcasts and 30% of us listened to at least one in the last month. And if we’re anything like the US, annual audiences are growing at a double digit rate.

We’re proud to make a shout out for our own sponsorship of the highly engaging Don’t Shoot the Messenger podcast.  The Interchange Bench, which specialises in temporary and contract talent for all reasons and seasons sees Don’t Shoot the Messenger as the perfect podcast partner.  Quite apart from the tremendous content, it has an AB demographic: an audience of professionals and hiring decision-makers, many of whom will consider professional contract roles at some stage in their careers.

Caroline Wilson and Corrie Perkin, the co-hosts of Don’t Shoot the Messenger, talk about everything from footy to politics, dubious characters, food, films and books, family and business are all covered in an hour, and seemingly, not much is off limits.

We could have pursued a partnership with a related HR, leadership and recruitment podcast but we’re firmly in the ‘Love Work, Love Life’ camp and believe life outside the office, the lecture theatre or operating theatre, the building site or science lab is just as important for a balanced life. (And this month, especially outside the chambers of Parliament House!)

Of course if you are interested in HR and Hiring podcasts, give these a shot: Engaging Leader, hosted by Jesse Lahey; The Go-Giver, hosted by Bob Burg; Leadership and Loyalty, hosted by Dov Baron; HR Happy Hour by Steve Boese and Trish McFarlane.  We think they’re great.

So back to the original question – why the shift to podcasts?

You may have your own reasons, here are five reasons why they’re a 21st Century thing:

We’re commuters: Walking, public transport or cars are all conducive to podcast listening.

We choose: 1000 topics, 1000 interests. Just like having the State Library on your iPhone.

Production quality:  Beautifully crafted stories, sophisticated discussions and documentaries.

Independent media: Consolidation and decimation of some media has been matched by the growth of the intelligent green shoot podcast.

Long form:  There’s been a shift from the 10 second sound grab, to a demand for deep dive discussions into topics of interest.

Listen to Don’t Shoot the Messenger now or subscribe through Apple Podcasts and let us know what you think!

Tagged with: , , , , , , , , , ,
Posted in The Interchange Bench, The world @work

‘Bitty Learning’ overtakes MBAs as the new Career Cache.

Why would The Wall Street Journal report that MBA applications across the world are down three years running? Isn’t an MBA a sure ticket to a high paying and interesting career?

At Slade Group we’re very interested in labour market trends and skills matches, but it’s been a long time since we’ve heard the phrase ‘an MBA would be highly desirable’ as a criteria for hiring.

There seem to be three indicators for the decline in the attraction of MBAs:

  1. Follow the money
  2. Currency of skills
  3. ‘Value Added Ratio’

Follow the money: The money’s left Wall Street, Collins St, Pitt St etc and is headed for wherever the Technology sector lives. While MBAs are useful in the tech sector, software engineers, mathematicians, systems engineers, machine learning skills are in more demand.

Currency of skills: Big jobs data tells a rich global story. At the recent Nous Group forum, Burning Glass Technologies’ Matthew Sigelman, joined the data dots to build the picture for skills, education and employment.

Skills are the unit of currency and they’re on the move. Traditional degrees can now carry less weight than relevant skills based learning like Lean Six Sigma or PMP Certification.

The big question raised at the Nous forum was how do we, as individuals, employers and governments reskill more often, and take charge of our future? Read more here.

Value Added Ratio: MBAs cost a great deal so when the ‘added value ratio’ doesn’t add up for someone who failed or nailed their GMAT, the attraction to an MBA course also declines. In lockstep, huge hikes in course costs have matched flat lining and declining salaries for MBA graduates. From 4:1 first year salary to course cost to a 1.8:1 ratio, the MBA flavor has soured.

The fact is that an MBA can now be worth less than the sum of its bitty parts.  It all trends towards upskilling for in-demand expertise throughout our careers as a pathway for growth and success. In response universities are finally starting to unbundle their degrees and allow for macro and micro learning programmes.

We’re in the middle of interesting times!

What is your experience in your world of learning @work?

Tagged with: , , , , , , , ,
Posted in The world @work

Spoiler Alert. You can’t always get what you want.

We’re again experiencing a real shortage of capable talent at every professional level and if I could tag this post with ‘High Importance’ I would. For those who weren’t around, or who have already forgotten what it was like nearly a decade ago, here’s a story and some hot tips.

Always keen to innovate, we started Final5 as a shortlisting service in 2005; employers could brief us on a role, detail the five critical SKEs (skill, knowledge and experience) and receive a shortlist of five people in around 5 days. Five was the magical number. And it worked beautifully for around 5 years; that was until we couldn’t find 5 people who fit in five days. We couldn’t even find them in 50 days.

Embarrassingly we had to change our Terms of Business to say an acceptable shortlist from Final5 would comprise a Final 3+! And ultimately we changed our name to NextHire. Those were the years of critical shortages of capable talent. The term ‘War for Talent’ was in every second article we read.

Peeps, we think those days are back and we all have to respond accordingly.

Six Recruitment Tips for 2018.

  1. Different numbers

It may take 2x longer that than you expected to source high performers and you may only interview ½ as many candidates as you expected.

  1. Be clear up front

What are the critical capabilities and skills? What are the absolute ‘must haves’ vs what can be taught and learned?

  1. Don’t target 100% skills fit

Skills can always be learned and even better, your new hire will be trained in the latest best practice rather than relying on what they learned 10 years ago, or picked up by osmosis. It’s as true for a Claims Clerk as it is for a CFO.

  1. Do target culture and values

Improving self-awareness is hard to achieve once we’re adults. Spend time making sure the person will fit the organisation. If they’re smart and have an aptitude for learning they’ll quickly meet their accountabilities.

  1. Follow your instinct and act fast

You’ll know when you meet a good candidate. And so will everyone else she’s interviewing with. Don’t wait until you’ve met five more candidates before you make your decision. By then she’ll have three offers on the table and as you weren’t that interested early on…

  1. For specific expertise don’t overlook contractors

A Spot Market does exist for skilled employees – but it’s an interim/temporary solution rather than permanent. Our spot market is via interchangebench.com.au which has candidates with specific skill sets for fixed periods of time across most roles and industries.

How are you managing the talent shortage in your world@work?

Tagged with: , , , , , , ,
Posted in The Interchange Bench, The world @work

3 ways poor parenting plays out for employers

Have you ever thought “I wonder who parented you!” when you think about some of the more ‘difficult’ colleagues at work? Given that EQ is often pretty well cooked by the age of seven, (just like the Jesuits said) how much easier might our working lives be if we didn’t have to spend time working around the EQ gaps of some colleagues.

It starts early, so here are three tips from the experts on how to build self-aware, confident, kind and resilient adults.  Today’s children are your future employees and colleagues!

  1. Constructive Feedback

A few years ago I gave some constructive performance feedback to a colleague in her mid 20s.  I’d prepared a pretty gentle approach because she was a pretty gentle kinda ‘gal, but I was taken aback when she burst into tears half way through the conversation. She caught her breath, wiped away the tears but the chat was over. The next day she asked to see me behind closed doors. She told me that she was deeply hurt by our conversation as it was the first time anyone had ever said anything negative about her performance. “What about when you were growing up?” I asked. She replied “No I’m an only child and my mother, father and I have always been best friends.  I’ve never been told off in my life.”

Ouch.

  1. Entitlement be damned

When my own children were growing up and the inevitable “It’s Not Fair, she’s got more strawberries than me’ was trotted out over dessert, or “He got more Christmas presents than me”, my stock standard reply was “Life’s not always fair, so get used to it”. Disappointment is a part of life, and managing early disappointments help build resilience. There will always be people smarter and dumber, greater haves and greater have-nots, healthier or sicker, etc etc. The more we allow children to think that life owes them something, the greater their disappointment in life will be, and the lower their self-agency becomes.

Fair is fair, but greed and entitlement are ugly.

  1. Do as you say

One of the perennial hallmarks of great employees is reliability. Such a boring word, but such a powerful performance indicator. Great employees Do As They Say They Will Do. These are habits and patterns built in childhood, and they relate to trust and integrity. If you say it, own it. What happens when a child makes, but doesn’t deliver on promises such as “I’ll put the bins out” or “I’ll empty the dishwasher”? Do we shake our heads and silently do the job instead? Or do we let them experience the consequence of having to do all the overflow dishes by hand, hose and clean out the smelly bins, or deduct something from their pocket money?

Actions and consequences are a great way to prepare for life as a trusted colleague.

A little bit of tough love in childhood goes a long way towards building a great employee.  So what do you see in your world @work or your world @home when it comes to the great and not so great colleagues?

Tagged with: , , , , , , ,
Posted in The world @work

Daniel Goleman explains why Eco-intelligence is a thing

There’s EQ, there’s IQ, and now there’s Eco Intelligence. Except the ‘now’ is 10 years old and I’m late to the party.

How did I even hear about this? A few weeks ago, a bunch of us were rabbiting on about the relative EQ and IQ of a recent senior appointment, and our visiting international expert added, “And of course you’d have taken into account their Eco-Intelligence.

I nodded in zealous agreement, Yes, of course, Eco-Intelligence, at the same time my mind was shooting blanks.

Since then, I’ve done my homework. If like me you didn’t know Eco-intelligence was a thing, then let me bring you up to speed in 2 minutes.

The term, first coined by Daniel Goldman is the title of his 2009 book Ecological Intelligence. It has gained traction through consumer action, apps and websites such as GoodGuide. Where it has still to gain traction is in the hiring of senior managers who can embed eco values and an eco-culture.

Explaining it in his compelling straightforward style, Goleman has a 90 second video that’s worth viewing.

Daniel Goleman Connects Emotional and Ecological Intelligence

Daniel Goleman explains Ecological Intelligence

In it, he explains the rapport we build with other humans is ‘I-to-You’. Or we might fail to build mutual rapport because we use a command and demand approach, which is ‘I-to-It’. And that’s how we can also understand Eco-intelligence. Namely, if we are mindful of our rapport with the earth, respectful and open to giving and taking, then that’s high Eco-Intelligence. If we strip the earth of its potential, command, demand, and show no respect, then that’s low Eco-intelligence.

At a consumer level, Eco Intelligence has been brought to life with Apps and websites such as GoodGuide. GoodGuide’s mission is to provide consumers with the information they need to make better shopping decisions. Consumers can choose products that contain ingredients with fewer health concerns, while it gives retailers and manufacturers compelling incentives to make and sell better products. There are also environmental impact assessment tools too that help corporates and individuals assess their production, distribution and consumption decisions.

How do you create eco values at your world @work, and how do you embed Eco intelligence in your decision making?

Tagged with: , , , , , , , , , , , , ,
Posted in The world @work