Blog Archives

‘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?

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Posted in The world @work

How to attract ‘in demand’ talent in a candidate short market

Highly capable jobseekers always have options when deciding who they want to work for, but now it’s more important than ever for your organisation to sell its benefits to prospective employees.

If you’re serious about attracting the best talent, the days of the “It’s a privilege to work here” mentality are long gone.

What’s changed?

In Australia’s major cities, professionals are lifestyle conscious and a significant portion of the working population fall into a demographic with an established career who don’t have to take a job out of desperation and can afford to be selective when deciding where to work.

Companies that candidates are currently employed in have adapted, adopting flexible working arrangements and they are expecting their new company will be as progressive as the one they are leaving. The 2017 Deloitte Millennial Survey showed that 84 percent of millennials reported some degree of flexible working in their organisations.

Here are my five top tips to land the perfect candidate:

  1. Ensure you are familiar with your EVP and leverage it at each stage of the hiring process.
    HR and Recruitment teams have been working hard to implement Employee Value Proposition (EVP) programs to further enhance the brand and jobseeker experience.
    Update yourself on everything on offer that makes your organisation attractive to prospective employees (you never know there might be something that you are unaware of, and can take advantage of yourself).
  1. What are the other benefits of working with you and your team?
    If you are a hiring manager, think about some of the other selling points you can use to attract the best candidate to your company and team… social activities (sports teams, team events), technology, fruit box, interesting projects, etc.
  1. Be a brand ambassador
    Being a brand ambassador for the organisation should be part of your personal branding in your day-to-day business activities anyway, but it is critical to share that vision with a prospective employee when you have the opportunity to do so face-to-face, at interview. Don’t forget the employer branding can have an effect on future perception and sales of the business.
  1. Don’t be surprised if candidates are forthright with their requirements
    Candidates may ask you about flexible working hours, working from home options, career progression, along with learning and development opportunities. Five years ago these questions were less likely to be asked; fast forward to 2018 and these are the commonly asked questions, which you must be prepared to talk about with candidates.
  1. Corporate social responsibility is high on the millennial agenda
    Younger generations are socially aware, so working for an organisation that helps to give something back to the community is appealing and will attract talent to your team.

If you are struggling to find good talent to join your business, maybe it is time to revisit your EVP so you can ‘sell the company’ more effectively. Be more flexible in your thinking on working hours and consider hiring on potential, rather than current skills and experience.

How has your organisation evolved over time to the changing nature of the world @work? What are some of the features of your EVP?

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Posted in Slade Executive, The world @work

A homecoming with fresh eyes

We’ve written about the benefits of Boomerang Hires, but what’s it really like to leave a company and return again a couple of years later?

Two years ago I left Slade Group to see what life was like on the other side. Having consolidated my internal recruitment and industry knowledge in a consulting role, I went back to professional practice to work in a mid-tier accounting firm.

I learned a lot sitting at that desk. While it taught me about different operating systems and processes, I also learned something about myself – essentially that this new job was not for me; recruitment was where I wanted to develop the next chapter of my career.

In my next role I worked for a niche professional services recruitment firm, where I specialised in forensics, insolvency and corporate finance. Sounds dry if you’re outside the industry, actually a pretty exciting time for me. It allowed me to upskill, while expanding my network in the professional services sector. I grew the business, met some influential people and made many successful placements. There were even a few parties.

However over the course of leaving Slade and working in those subsequent roles, I was discovering what motivated me and finding out how I could add value to the company I worked for, as well as client organisations.

As a returning employee, you have an objective viewpoint. You’ve had the opportunity of new experiences with other businesses and the benefit of seeing your former employer with fresh eyes. For me the culture at Slade, the integrity of its leadership and the trust the brand enjoys (evidenced by longstanding relationships with clients, candidates, and former employees – myself included) were deciding factors in making my return when the time was right.

Today employees change jobs a lot more often over the course of their careers, and there is certainly an advantage to learning new skills in a new organisation that you can bring back. Culturally coming back to Slade was easy because I understood and respected its values. Flexibility and adaptability are critical in today’s market. Being agile, learning from different organisations and observing how others work has allowed me to realise new opportunities for the team I now lead. Likewise, being a knowledge specialist is equally important: clients appreciate my understanding of business support roles and my experience in industry.

When moving on from a job people often talk about the negatives that motivated them to looking elsewhere. The positives for me are always the people, colleagues and clients, where I established relationships based on the authenticity of a personal connection to the business.

Coming back to Slade was like leaving home in my early 20s. Heading off on many adventures and returning to my family home a bit older and wiser than when I left. You are much more appreciative about being looked after and having your favorite things!  At Slade my ‘favourite things’ means quality systems and processes, ongoing training, clear values, flexibility with time arrangements to pick up on life’s vagaries, and of course my colleagues and clients. When I walked in the door, it felt like my team already knew me, like I was welcomed back from a holiday.  I’m not one to get too comfortable, I enjoy taking risks, and there’s much to be done, but it’s a nice feeling to boomerang back to our Slade family.

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Posted in Slade Business Support, The world @work

From Temporary to Team Leader

Many moons ago I walked through the doors of Slade Group to register as a temporary candidate. I had just come off a self-imposed two month work break and I was finally done with lounging in pyjamas and drinking wine at midday.

I decided to register for temp work, as I had no idea what industry I wanted to be in, or even what I wanted to do. You see, I have a varied career past. I’ve been a business manager, office manager, payroll manager, purchasing officer, loan writer, accounts payable, accounts receivable, executive assistant, personal assistant, receptionist, cat wrangler, Jill of all trades…

Whilst it may seem that I have jumped from job to job, I’ve actually only worked for five companies in my entire career (of, cough, 18 years, cough). I’ve been lucky enough to secure roles with privately owned businesses who have allowed me to work my way through the ranks. I’m the type who wants to learn everything I possibly can about an organisation, trying on as many hats as I can during my time. Fortunately the companies I have worked for have allowed me to do just that.

Meeting with a wonderful consultant here at Slade, who was very happy to hear about my journey and understand my need to find my next challenge, I was recruited for an internal vacancy to provide annual leave cover, starting the following week. That was five years ago!

I’ve also been very lucky to have opportunities to grow and expand on my skills by working in different roles. I’ve supported the Chairman and Managing Director, which gave me amazing insights into how Slade ticks. I’ve been a consultant for both temporary and permanent placements, allowing me to see both sides of the recruitment process. Most recently I got to spend 18 months in the role of Operations Manager. This gave me in-depth understanding about quality, compliance and procedures – all of the back-of-house functions that affect everything my colleagues on the frontline do. I am inquisitive by nature, so this was right up my alley. I thrived in an environment where I could really sink my teeth into our systems and processes, and most importantly, improve on them to create a better experience for our clients, candidates and internal staff.

Fast forward to July this year where I took on the challenge of leading The Interchange Bench. I AM LOVING IT! I love that my team and I get to spend our days placing candidates in roles that, although they may start off as temporary, can lead to permanent positions. We enjoy making good matches, which are also the right matches, not just a body to fill a chair. In fact we won’t place someone at all if they are categorically not the right fit for the job. I think that’s why we love our jobs so much, we are matchmakers and home-finders. In some ways recruitment can be like RSVP, but that’s another conversation altogether.

Am I busy? Sure. Do I still have loads to learn? Most definitely. It certainly helps that I’m surrounded by a supportive management team who are here to see me grow, learn and excel. I’m excited for things to come here at The Interchange Bench – our team is growing, the company is evolving and I’ve got an important part to play in steering us in the right direction. I’ll be team Interchange Bench for a while… After all of my previous abodes, I think I am home.

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Posted in The Interchange Bench, The world @work

Hashtag fear less

We ALL fear change and that’s OK, says Marty Wilson. I was recently lucky enough to hear Marty speak at Mental Health in the Workplace, part of the Melbourne Chamber of Commerce People in Business series. He gave an inspiring talk on change and the fear that comes along with it. It’s a theme that often comes up in the workplace when you are faced with organisational change or are considering a career change, but what I couldn’t help think is how do we learn to embrace change and see it for the good that it can be?

As if we were linked via telepathy, Marty turned to me (I am sure at this point he was speaking DIRECTLY to me) and provided some answers to the questions I was contemplating.

First he looked at the Oxford Dictionary’s definition of the word life:

The condition that distinguishes animals and plants from inorganic matter, including the capacity for growth, reproduction, functional activity, and continual change [my bold] preceding death.

Did you see what I saw? Yep, you guessed it. Continual change is a part of Life.

At this point I was thinking to myself, I’m good with change… right? I realised, not only was Marty talking to me (directly to me, again), he was talking about me. Yep, I’m not afraid to put my hand up and say, “My name is Candice and I FEAR change!”

Recognising your fears are part of the solution, Marty gave me a few tips on how to deal with them:

  1. Life is change
  2. Trust your instincts
  3. Be grateful for tough times
  4. Take more risks
  5. Make more mistakes
  6. Lighten-up

Marty followed-up with this gem:

“Imagine if you could choose to become someone who welcomes change and disruption as a normal and exciting part of business and life.” – Marty Wilson

So here’s what am I going to do: I’m going to stop imagining and start changing, change and innovation will now be my middle names. I am going to let go of the past and take a fresh approach, to work and life in general.

If I’m going to tackle the elephant in the room in my workplace, it’s our database. It’s a pretty large elephant, lives in the cloud, has a few wrinkles… I’m sure most offices have a database/system/process/technology elephant lurking about. It’s that shiny new technology that will help us to work smarter, not harder, but often feels like it’s programmed the other way around. So from now on, in my role as Operations Manager, I’m going to focus on what the technology can do for us, not what it can’t do (although a few magic tricks wouldn’t go astray).

Applying #FearLess in a broader sense, I am going to embrace all of the curve balls life throws at me, which are by dictionary definition, part and parcel with change. I am going to fear less about the doing and dive right into change. I’ll make some mistakes along the way, but that’s OK. I started last week by changing my commute from the 75 to the 48 tram. Big mistake, constantly overcrowded, can never get on, changing back today… Yep, I am all about the change now!

What changes are you going to make?

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Posted in Professional Support, The world @work

When I was a Temp

I often ask friends and colleagues about their part-time jobs during their school and university years. Those experiences, what jobs they did and how they were trained, have in one or another, often led them to where they are today.

I myself worked at McDonald’s – on the front counter and in customer service at the drive-thru window. If you know me, I’m sure you can picture me in a navy blue visor and striped shirt with the golden arches logo. My dear old Dad was so proud! I’m not shy to say I was pretty good at the job. I was awarded Drive-Thru Employee of the Month twice and Employee of the Month – May 1988.

Working at McDonald’s was such great training. I learned procedures, discipline and responsibility. Sure, I was selling Big Macs, but even mopping the floor – there was a process for that – you had to do it the McDonald’s way. It was a fast-paced and structured environment, a great start to working life. My pay packet was also good incentive. I remember working out what shifts I could do to get the best hourly rates so I could buy a fabulous outfit, shoes or put a full tank of petrol in my car.

But what I liked the most about the job was the customers. I came across all sorts – from kids with their fed-up parents, to fast-food regulars and the party goers at 1am who threw pickles on the ceiling in the dining room – I can recall many encounters!

I expect it’s dealing with people in all their diversity that led me to recruitment. I still find them entertaining, to say the least. What’s really inspiring when working with temporary candidates is that sense of satisfaction – the feeling you’ve been able to fulfil someone’s needs when you get them working on one assignment, which leads to the next and the next…

Working with temporary candidates and coordinating temp jobs day-to-day makes me think about all the different types of work people do when they need flexible employment or are just starting out in their careers. It’s fascinating to learn about some of the more unusual opportunities.

Do you have a casual work story that you’d like to share?

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Posted in Professional Support, The world @work

Our active lunch break

When a shiny new gym opened at the New York end of Collins Street (that’s near Melbourne’s Southern Cross Station), Angelika Langer-Zindel was one of the first members to join-up. It took another six months for her to recruit a work gym buddy, Diana Tanvis Loi. While there are a few fitness junkies amongst us in the workplace, these two colleagues who both work in our Shared Services team (Accounts Receivable and Payroll respectively), are often seen heading off to exercise together at lunchtimes. I asked what motivates them beyond the Healthy Me, Healthy You program we instigated at Slade Group last year.

Why do you choose to work out in-between work?

Angelika: At my local gym I was missing all the fitness classes – there were only one or two classes I could do. If I was late home from work, I missed them altogether. So it’s much more convenient for me to go at lunchtime.

Diana: Same as Angelika, I used to go to 6am classes at my local gym, but it’s just too hard and I started missing my trains to work.

Why go to the gym together?

Diana: At this gym, they have a rock climbing wall facility and it is definitely more fun to climb with a buddy and also safer, as we make sure that each other’s harnesses are secure.

How do you manage to change into your gym gear, then get back into work clothes, as well as fit in a 45 minute class within your lunch hour?

Angelika: There is no time for showers, so we don’t do classes that are too high intensity. A spin class is a definite no. I have short hair, so I don’t have any problems. If you have a complicated haircut, it just doesn’t work!

Diana: Definitely no body combat for me, or I’d sweat. Athleisure is a new trend in fashion – you can wear a hybrid tank top to work out and put a blazer over it to dress it back up for the office. We also have nice change rooms with free towels and showers in our building, but I generally use the facilities at the gym.

Do you miss doing other things at lunchtime? When do you actually eat your lunch?

Angelika: Not really. Doing a lunchtime class is good break; sitting all day is definitely not healthy.

Diana: Most of us only walk a few steps from our desk each day.

Angelika: It means eating at your desk, which is not the best habit, but you have to compromise. I always eat after exercising – if I eat too much before, I feel sick, so it’s good for weight management.

I see a lot people carrying gym bags on their commute. Is fitness amongst corporate types becoming more popular?

Angelika:  I think so. A lot of the classes where we go are fully booked, so it seems that others are sharing the same habits as us.

Diana:  I think more and more deskbound professionals are finding it really unhealthy to be sitting up to 8-10 hours a day. Employers are also becoming more aware of this and allowing flexible work arrangements.

What are some of the less obvious benefits to including exercise in your work schedule?

Diana: I spend a lot less money on shopping since I started going to the gym!

Angelika: That’s right, when you work in the city, you go shopping at lunchtime.

Diana: It’s also a great way to release your pent-up frustration. I don’t think about work at all while I’m exercising and by the time I’m finished I’ve forgotten whatever I was worried about.

Both: We are still recruiting if anyone is interested to join our lunchtime habits!

 

Have you been taking active lunch breaks? What are some of the healthy practices you have incorporated into your work schedule?

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Posted in The world @work

‘Trump’s wall’ can’t stop talent fleeing the US

At 6:41pm Eastern Australian time on Wednesday 9 November, within half an hour of the calling of the US Presidential election result, in came an email with a request to chat from a very highly regarded Assistant Professor at a major Californian university.

“I have been quite fulfilled at (the) University,” she said, “but the results of our election have made me seriously concerned about the future of environmental science research in the US. I now want to consider something new and somewhere new.”

In our tightly interconnected world we are vulnerable to global shockwaves: the prospect of a Trump presidency may seem ominous for the global economy, but it could also throw up opportunities. We expected that Brexit would see some international professionals seeking opportunities in Australia to the benefit of business and universities here, but this week’s US election result could have an even bigger impact.

I have been recruiting academic roles for a major Australian GO8 University of late and our search for three of that University’s schools has involved contacting academic leaders all around the world. A number have been interested to talk further, and perhaps will apply, but most prospective candidates were happy where they are.

It’s not surprising. Given the new President’s comments on climate change in the lead up to the election, further concerted action on climate change appears unlikely in the US. But what really struck me was that this academic was ready to act on her convictions and back her professional experience, to up stakes and head to ‘warmer’ climes that hopefully (we’ve also seen some of our leading scientific minds looking abroad for a more welcoming political climate) will be more compassionate and supportive of her work.

Not everyone can move countries at will of course. The Assistant Professor is fortunate that there are career pathways within her professional community that facilitate knowledge sharing amongst academics. If she is able to continue her work here, her research will lead to a better understanding of climate impacts, from changes to wetlands, arid and other landscapes (highly relevant considering the environmental challenges we face in this country), then we will all benefit from her expertise.

So while some nations are talking about building walls that may prevent workforce mobility, Australia could be holding a winning hand if we maintain open-minded policies. From an executive search perspective and as a regular international traveller for senior appointments, I’d love to be able to refer more talent both ways.

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Posted in Slade Education, The world @work