4. ROI of Knowing Your Jobs
• In most organizations, total
human capital costs average
upwards of 60% of operating
expense.
• Yet in a recent survey, NOT one
company surveyed was
completely satisfied with their job
descriptions and only 28% said
they were somewhat satisfied.
HC or
Workforce
Costs
Other Costs
https://zdoc.site/managing-an-organizations-largest-
cost-the-saba-software.html
http://www.hrtms.com/blog/survey-says
Inconsistent
Format
Duplication
Other
Outdated
Inconsistent w/
actual duties of
job
Somewhat
Satisfied w/ JDs
5. ROI of Knowing Your Jobs
• Job data is a foundational element
• Job information is the cornerstone
of what we do:
• Human Resources
• Talent Management
• Compensation
Where do we keep this critical dataset?
THE JOB DESCRIPTION
6. Are Your Job
Descriptions an…
• An Anchor
• An Iceberg
• An unhealthy relationship
• An unrelenting source of angst
11. Reason for Concern
72%
Hiring
Managers
36%
Job Candidates
1 in 4
workers plan on quitting
their job in 2022
72%
Hiring
Managers
36%
Job Candidates
73%
workers would
consider leaving
their job
72%
Hiring
Managers
36%
Job Candidates
87%
consider improved
retention a critical
or high priority
72%
Hiring
Managers
36%
Job Candidates
50%
difficulty retaining
their most valued
employees
Resume Builder, Business Insider, Bonusly
14. Poll
Which of the following are you finding to be the main
driver of poor retention?
A. Employee Burnout (Poor Work/Life Balance)
B. Company Culture
C. Lack of Employee Engagement
D. Employee seeking better Comp and Benefits
E. All of the Above
F. Other
15. Burnout
77%experienced burnout at
their current job
83%
personal relationships are
negatively impacted by burnout
25%
never or rarely take
days off work
48%
call themselves workaholics
Zippia
18. Engagement > Retention
59%
less likely to change careers in the next
12 months
greater profitability when business
units are highly engaged
21%
when employees have positive
experiences at work
21% > 44%
Retention rates increase from
G2, Access Perks
Engaged employees are
19. Why Employees Leave
McLean & Company
Turnover factors Rank
Opportunities for career advancement 1
Satisfaction with my role and responsibilities 2
Base pay 3
Opportunities for career-related skill development 4
The degree to which my skills were used in my job 5
Are directly dependent upon job descriptions
4 out of 5
22. Engagement: What JDXpert Clients Are Doing
72%
Hiring
Managers
36%
Job Candidates
3x
More clients
implementing or
planning to implement
career architecture
72%
Hiring
Managers
36%
Job Candidates
30%
Roll out the job
description
repository to all
employees
72%
Hiring
Managers
36%
Job Candidates
15%
Implement employee
job description
acknowledgements
25. Talent Acquisition is Fraught
$4425
average cost per hire
of the individual’s first-year
expected earnings
30%
Deloitte, SHRM, Northwestern University, Zippia
Cost of a bad hire
average time to fill a position
36 days
to make up money spent on new hire
6 months
of new hires fail within the first year
26%
26. Hiring Mistakes: Why Job Descriptions
Are Important
72%
Hiring
Managers
36%
Job Candidates
43%
Candidates don’t
have the right hard
skills
72%
Hiring
Managers
36%
Job Candidates
29%
Candidates don’t
have the right soft
skills
72%
Hiring
Managers
36%
Job Candidates
29%
Difficult separating
essential from
preferred
qualifications
72%
Hiring
Managers
36%
Job Candidates
24%
Difficult to identify
the necessary soft
skills
VisualCV
30. Poll
What steps are you taking (or considering) to increase your
talent pool?
A. Not taking any steps
B. Revisiting compensation packages
C. Implementing skills-based recruiting
D. Debiasing your job descriptions
E. Accepting remote applicants
F. All of the above
G. Other
46. Compensation & Retention
72%
Hiring
Managers
36%
Job Candidates
46%
Looking for new
for better
compensation
Ceridian, G2
72%
Hiring
Managers
36%
Job Candidates
58%
Would not apply
to a workplace
where there is a
pay gap
72%
Hiring
Managers
36%
Job Candidates
46%
Relatively high
salary is a factor
attracting most
job seekers
50. Poll
What percentage of formerly on-site jobs do you predict will
remain remote or hybrid permanently?
A. Less than 10%
B. 10-25%
C. 26-50%
D. 51-75%
E. More than 75%
51. ActiTIME, Achievers
Remote Work
72%
Hiring
Managers
36%
Job Candidates
77%
After COVID-19,
being able to WFH
would make them
happier
72%
Hiring
Managers
36%
Job Candidates
77%
Employees are
more productive
when they work
from home
72%
Hiring
Managers
36%
Job Candidates
25%
Lower employee
turnover for
companies who
allow remote work
72%
Hiring
Managers
36%
Job Candidates
28%
Claim work burnout
as a major
challenge
72%
Hiring
Managers
36%
Job Candidates
51%
Worry their manager
doubts their
productivity
72%
Hiring
Managers
36%
Job Candidates
44%
Start earlier or work
later to show
productivity to
managers