Happy first Friday of 2023. So many glorious firsts await: The first snowfall, first spring rain, first traffic jam heading to a friend’s summer barbecue. Maybe we’re getting ahead of ourselves…
In today’s edition:
Your next great read
Recruiting reach
Pipeline problems
—Susanna Vogel, Aman Kidwai, Kristen Talman, Kim Lyons
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Martin Vorel
Welcome back to the office—you’re a whole new you! Or, at least, you’ve resolved to be. If your resolution is to be more effective and efficient at work, you’re in luck: We’ve got a cheat sheet.
We asked HR Brew readers to share the books that have made them smarter, wiser, and more empathetic people leaders. Crack open a few and you’ll be well on your way to nailing those resolutions.
If you just got promoted into leadership. One of the books most often recommended was Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown. While organizational change is typically driven by top leaders, Michele Freeman, director of people operations at Austin-based nonprofit funding group Notley, said all HR pros can benefit from Brown’s prescribed “courage and vulnerability.” And when everyone is on the same page, it “allows for the opportunity to create more equitable and people-centric workplaces.” Her main takeaway: Organizations become successful when they see values as their “north star” when making decisions.
If you’re seeking a role model. Over the past two years, HR professionals have seen that there isn’t a one-size-fits-all approach to culture. That’s one of the reasons why Geraldine Woloch-Addamine, founder and CEO of HR startup Good4work, told us that she loved SHRM president Johnny C. Taylor, Jr.’s book Reset: A Leader’s Guide to Work in an Age of Upheaval. She said the book, which incorporates lessons from companies such as Tyson Foods, Facebook, and Google, teaches HR how to grapple with cultural challenges, including navigating polarization and misalignment.
If inclusivity is the reason you get out of bed in the morning. Still struggling with how to launch a DE&I strategy? You’re not alone. Keep reading here.—SV
Do you work in HR or have information about your HR department we should know? Email [email protected]. For completely confidential conversations, ask Susanna for her number on Signal.
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This new year, bring big CFO energy to your recruitment budget planning. But don’t go it alone—take a peek at these top recruitment budgeting tips from Workable’s CFO.
Sharing his extensive firsthand knowledge on making smart, timely fiscal decisions, Workable’s CFO walks you through which metrics matter most and how to calculate ’em, so HR pros can start 2023 on the right financial footing.
If you want more recruitment wisdom up your sleeve, Workable provides best-in-class, automated, and AI-powered tools that source and suggest candidates, simplify decision-making, and expertly streamline the hiring process.
Grab a demo to see for yourself, or hit the ground running with a free trial.
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Hiroshi Watanabe/Getty Images
Does scrolling through Instagram pics of your friends’ latest exotic escapades give you FOMO? How about seeing other companies expand into new countries? If it seems like every other organization is hiring abroad, well, that’s because they might be.
Hiring got harder. The pandemic and the ongoing talent war have led many employers to rethink their business models and, as a result, their workforce strategies, with some expanding their hiring horizons across state and country borders.
The perks are undeniable. There are many benefits of hiring overseas. Some do it to save money: The average salary for a software engineer in the Philippines or Nigeria, is far lower than it is in the United States, particularly in major hubs like San Francisco or New York. Others do it to solve staffing shortages.
But the main catalyst for going global is the increasing acceptance of remote work. With distributed teams, location matters less. So, if a company is struggling to fill a job or is working with a tight budget, a worker from another country could be a winning solution.
So are the barriers. The process of forming a legal business entity is often the main barrier to hiring abroad, though local labor laws and other regulations are also considerations. Staffing firms and employers of record (EOR), including Oyster, Deel, Velocity Global, and Remote, can help HR teams navigate the legal and compliance challenges.
How popular is it? We asked HR Brew readers how many countries they currently have employees in. The majority are branching out. While 46% said they operate in just one country, the remaining 54% said they operate in two or more: 23% said they’re in between two and four, 9% said they’re in between five and nine, and 22% said they’re in 10 or more countries. Keep reading here.—AK
Do you work in HR or have information about your HR department we should know? Email [email protected]. For completely confidential conversations, ask Aman for his number on Signal.
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Christopher Grullon (Dianna “Mick” McDougall)
Here’s a staggering stat: “People of color make up 11% of the total workforce in corporate finance, and just 6% of senior finance roles,” according to Gartner’s 2021 Labor Market Survey. But as CFO Brew’s Kristen Talman and Kim Lyons report, some business schools, community groups, and industry organizations are trying to turn the tide.
The Columbia–Harlem Small Business Development Center at Columbia University works with small businesses in some of New York City’s most diverse neighborhoods. The center’s senior program manager Pat Lilly told CFO Brew that they were hearing from businesses in their networks that bookkeeping was a main area where they needed help.
It was a problem that Kaaryn Nailor Simmons, the Center’s assistant dean and community partnerships and managing director, said she’d been hearing from businesses for more than a decade. “We were seeing businesses go out of business because they weren’t feeling comfortable with managing that aspect of their business,” she said. At the same time, she knew from her previous work running a youth employment program with the Harlem Children’s Zone that there was a lack of opportunity for summer interns seeking experience.
Knowing the emphasis that the US has put on STEM education over the past 10 years, Simmons said it didn’t seem like a really big leap to tap into those math skills to help both the students and the small-business owners.
“[We said,] ‘What if we teach to high school students, that are much more computer literate than their grandparents, who are often the ones who run these small businesses?’” she said. “Then it kind of allows them to not only develop an understanding of QuickBooks, but it also gives them a more practical education when it comes to budgeting and financing for their own needs.”
Keep reading on CFO Brew.—KT, KL
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Burnout is real, but how can we beat it? Signature Healthcare CIO and VP Nick Szymanski shared ways to provide relief to an IT crew that’s working around the clock, including one key practice: recognition. Read about the challenges he’s faced, the practices he relies on, and the lessons he’s learned.
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Today’s top HR reads.
Stat: Private US companies added 235,000 jobs in December, according to ADP. (CNBC)
Quote: “I’m not checking my phone…I’ve got my music and for 30 or 45 minutes, I’m locked off.”—Daniel Carey, a senior lobbyist, on exercising in the middle of the workday (the Wall Street Journal)
Read: Mass tech layoffs have diversity leaders on edge about whether reducing staff means reducing DE&I efforts. (WorkLife)
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Amazon plans to lay off more than 18,000 workers, including cuts in the HR department.
The FTC proposed a rule that would ban non-compete clauses in employment contracts.
“Quiet hiring” is poised to dominate 2023, according to one HR expert.
IMF Chief Kristalina Georgieva expects one-third of the global economy to slide into recession this year.
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Catch up on the top HR Brew stories from the recent past:
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