SlideShare a Scribd company logo
DON BERMAN
Co-Founder, VP of Sales & Marketing & JD “Xpert”
Don Berman has spearheaded the adoption of HR
and talent management applications and
technology driven best practices at large and mid-
sized companies throughout the U.S and abroad. As
co-founder and VP of Client Services, Don was
instrumental in evolving the focus of JDXpert’s Talent
Management platform toward a job description-
centric model that resulted in JDXpert becoming a
market leader in job description management
solutions. Today, Don leads the company’s sales,
marketing and partner efforts.
Today’s Speaker
Recruiting and
Retaining Talent
Through Economic
Uncertainty
Which of the following do you
expect to be the most
challenging in 2023?
Poll
Attribution
Recession: Perception vs Reality
Recession
Significant, prolonged decline in:
Reality
Numbers are not indicating a recession
v
v
v
GDP
Employment
Consumer Spending
^
^
^
United States GDP +2.6%
Source: CNBC
Source: FRED
US Unemployment rate 3.7%
US PCE up 0.6%
Source: FRED Reuters
What’s Fueling Financial Discontent?
Forbes | CNN Business
Short Term Mid Term Long Term
Inflation (Recession)
Supply Chain
Labor Shortage
HR Challenges
Recover Retain Recruit
Reflect
Deloitte
Modern job description management for today’s HR pros
Job Description
Management Solution
BEST IN CLASS
Why Managing
Job Descriptions
is a critical issue for strategic HR
A clear understanding
of the job is
REQUIRED TO
Recruit the right
people
Evaluate employee
productivity &
performance
Identify and retain
top performers
Identify and manage
bottom performers
Motivate employees with
engaging Career Paths
Identify Employee
Training Gaps
Develop an equitable
salary structure
Protect your future with
effective succession plans
Protect your company
from regulatory sanction
FLSA, ADA, Equal Pay
Benchmark/Evaluate
jobs to compensate
employees fairly
Job information is
the cornerstone
of what we do
Where do we keep this critical dataset?
THE JOB
DESCRIPTION
Human Resources Talent Management Compensation
If you were to rate satisfaction
with your job descriptions on
a scale of 1-10 (1 is lowest) –
where would you land?
Poll
Recover
Recover?
Economy
• Higher personal savings rate
• Government relief programs
Flexibility
• Hybrid, remote, return to office
Job Vacancies
• Service industry
• Early retirement
• Fewer younger workers
Layoffs?
• Cause of current layoffs
Trading Economics | Federal Reserve Bank of St Louis
Reflect
Charting a
direction
HR Dive
• HR ‘s role in an economic downturn
• What have we been doing?
• What is our ability to predict the
future
• Are you confused?
• The ongoing labor shortage needs to
be top of mind
What To Do
01
LOOK ELSEWHERE
Other than HC
America’s SBDC
► Increase productivity
► Minimize other costs
► Delay planned investments
► Expand revenue streams
► Offer compelling promotions
► Bring roles in house
02
REFINE JOB DATA
Understand the work done at a granular level
03
Plan to scale headcount for roles with many
incumbents
ASSESS HEADCOUNT
04
Combine responsibilities to form fewer roles
CONSOLIDATE
BE PREDICTIVE
05
Using real-time data
Surgical approach
MEASURED ACTION
06
Retain
Retain
Keep the workers you already have by
• Addressing burnout
• Boosting engagement
• Strategic compensation
• Re-recruit employees
Statista
World Health Organization
Occupational burnout is a syndrome
resulting from chronic work-related
stress, with symptoms characterized by
"feelings of energy depletion or
exhaustion; increased mental distance
from one’s job, or feelings of negativism
or cynicism related to one's job; and
reduced professional efficacy.
What is Burnout?
Causes of Burnout?
Harvard Business Review
Values
Fairness
Community
Reward
Control
Workload
Burnout: Why Job Descriptions Are
Important
Burnout is a complex issue with multiple causes
Impact on these causes of Burnout A clear understanding of work
from an effective job description can:
Workload: Unclear or overly demanding job expectations Can provide a clear definition of the work to be done
Control: Feeling like you have little or no control over your work Delineate what is and what is not a part of the job
Reward: Lack of recognition or reward for good work Define what success looks like for the position
3 out of 6
Causes of burnout are related to the job description
Employees are engaged when they are
successful
Job Descriptions
• Describe success
• Amplify impact of regular check-ins
• Impact training, succession, knowledge of
responsibilities
Engagement: Why
Job Descriptions
Are Important
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
Burnout & Engagement: What To Do
01
CONSISTENCY 02
Include what needs to be done to be
successful in the position and allow
employees to view, acknowledge, and
comment on their job description
CLARITY
03
GUIDANCE
04
Provide tools for employees to plan their careers
PLANNING
Make sure that your job descriptions are
consistent with the actual duties and
responsibilities of the job
Utilize your job descriptions to develop
career paths that layout growth
opportunities in your organization
Ruth Thomas
Chief Evangelist at Payscale
Strategic compensation
happens when you start
viewing pay as an
investment rather than a
cost and treat your people
as an asset.
Compensation:
Why Job
Descriptions Are
Important
Foundational element
• Salary structures, career
ladders/architecture, benchmarking,
grading, and levelling
• Market pricing
• Removes guesswork
Compensation: What To Do
02
Ensure accurate market pricing results by
having job descriptions at hand
.
MARKET PRICING
01
JOB DESCRIPTION MANAGEMENT
Create and maintain detailed, accurate
and up-to-date job descriptions
03
STRATEGIC COMPENSATION
Collate market pricing results with Job
Descriptions to help validate compensation
decisions
Where Does
Retention Start?
• Hiring the right people
• What is the right person?
• The one that will be successful in
the role
Where do all your new hires land
in your organization?
• Quantify team dynamics
• Important in determining hire
success
In Teams!!
• Based on accurate, detailed, approved
job descriptions
• Query managers to describe:
• Team contribution
• Teaming style
• Departmental culture
• Job-to-be-done
• Personal characteristics
• Insert structured text to attract
candidates who will be successful given
those particular team dynamics.
TeamScape Job
Postings
Re-Recruiting:
Why Job
Descriptions Are
Important
• Consider talent marketplace solutions
• Provide personalized recognition and stretch
assignments
• Institute stay interviews and use Job
Descriptions for:
• Career pathing/advancement opportunities
• Skills matching
• Learning opportunities
Lever HRO Today Vector Technical
Recruit
Labor Market Expectations
Lever
Flexibility Transparency Career Growth DE&I
Flexibility: By The Numbers
65%
of candidates
want remote work
options even after
the pandemic
76%
of employees see flex
work as a top reason for
staying with their current
employer
Lever
What percentage of formerly
on-site jobs do you predict will
remain remote or hybrid
permanently?
Poll
• Emphasizes essential functions
• To monitor, evaluate, motivate
remote workers
• Defend against litigation
• Qualify onsite versus remote functions
Remote Work: Why
Job Descriptions
Are Important
Remote Work: What To Do
02
Understand what tasks need to change
or be done differently due to a remote
work environment
AUDIT TASKS
01
ASSESS VALIDITY
Keep job descriptions up to date in the
context of the new work environment
03
UPDATE COMPLIANCE INFORMATION
Document changes to physical demands and working
conditions for ADA compliance
• Identify jobs as remote capable
• Display remote guidelines
• Allow stakeholder to indicate items
that cannot be done remotely
Identifying
Remote Work
• Report on remote-capable jobs
• Revise remote capable jobs requiring
on-site presence
Identifying
Remote Work
Adaptive Job
Descriptions
Allow job descriptions to adapt in cases of
• Business disruption
• Move to remote work
• Handle temporary consolidations due to
labor shortages
Adaptive Job
Descriptions
• Temporary override
• Edit content to accommodate the new
situation
• Automatically revert at end date
• Useful for:
o Essential Functions
o Physical Demands
o Working Conditions
Transparency: By The
Numbers
50%
of candidates become
frustrated wit the lack of
transparency in job
postings and interviews
20
states currently have
some sort of pay
transparency law
Lever | Zippa
• What is pay transparency
• Why is it important
• What’s the relation between PT/PE
• Creates issues for:
• Companies with PE issues
• Companies posting a job in multiple
locales
Pay Transparency
vs Pay Equity
Career Growth: By The
Numbers
33%
of candidates view
career growth as a
motivational factor
when choosing an
employer
47%
of U.S. employees rate
career advancement
opportunities as very
important to their job
satisfaction and job
engagement rates.
Lever | Zippa
• Career Paths
• Enabling Methodologies: Job
Architecture
Career Growth: Why
Job Descriptions
Are Important
• Allow employees to view jobs
• In their current path
• Other relevant paths in the
organization
• Explore side-by-side
Career Path
• Consistent structure to describe work
• Career development & succession
• Coherent compensation strategy
• Transparency and employee mobility
• Workforce analytics & planning
• Organizational changes & M&A events
Job Architecture
Enables
• Cascades architecture content into
job descriptions
• Creates guides for stakeholder that
can be used for writing and revising
job descriptions
• Enforces job architecture structure
• Supports competency and skills
models
• Insures coherent progressions
Job Architecture
in Job Descriptions
Edit and collaborate with
stakeholders on:
• Job Families
• Sub-Families
• Career Stream/Levels
Map employees to the architecture
Tools for Job
Architecture
DE&I: By The Numbers
+15% +35%
Better financial
performance above
national industry median
ethnic/gender
67%
of job seekers consider
workplace diversity an
important factor
McKinsey Bonus.ly
DE&I and Job Descriptions
Pay Equity Debiasing Skills-Based
Recruiting
Pay Equity: Why
Job Descriptions
Are Important
• Inaccurate job descriptions are an obstacle to
pay equity
• Substantially similar work is the standard based
on a composite of:
• Responsibilities/Essential Functions
• Knowledge, Skills and Abilities
• Effort
Tools to expose hidden pay gaps
• Quantitative Analysis – Similarity scoring
• Qualitative Analysis – Side-by-side review
of cohorts
CA.gov
Debiasing-
Impact of Bias in
Job Descriptions
• Discourages candidates
who think the job is “not
for them”
• Narrows applicant pool
Types of Bias
Gender Bias Racial/Class Bias Age Bias Able Bias
Jargon
• SOW
• Ad Hoc
• TPS report
Excess superlatives
• Awesome
• Immense
• World-class
Other Language
that Reduces
Applicants
Debiasing in Action
Recruiting: Skills-
Based Job Postings
Less weight on education and experience
because doing so:
• Drastically expands the talent pool
• By including those without degrees
• By adding in those with experience gaps or
frequent job changes
Education level does not guarantee skills
• Many ways to learn needed skills
Skillful, The Wall Street Journal
What To Do: Skills-
Based Job Postings
• Skills-Based Job Posting
• Focus on KSAs and Competencies
• Company Description
• Job Summary
• KSAs
• (Foundational) Competencies
• Example Activities (Essential Functions)
• Licenses and Certifications
• Physical Demands
• Disclaimers
More candidates
1
2 More diverse
candidate pool
Recruiting Blueprint
Team-scape
Job Postings
Skills-based
Recruiting
Address
Expectations
Accurate &
Up-to-date
Job
Descriptions
3 More successful
hires
Wrap Up
• The economy is expected to contract in
2023; however, the long-term issue we need
to confront is the labor shortage
• Get your job descriptions in order so that they
can address talents’ need for transparency,
flexibility, career growth, fair compensation,
engagement and relief of burnout
• Use power tools to understand the work that
people do and how it fits into your
organization
• Increase the effectiveness of your recruiting
efforts by creating job postings that expand
the talent pool with candidates who have
the capacity for success
Thank you!
Want to learn more about how JDXpert can help you
get the most out of your job descriptions?
Schedule Your Demo Today!
https://jdxpert.com/contact/

More Related Content

Similar to Webinar - Recruiting and Retaining Talent through Economic Uncertainty

Rethinking Employee Engagement
Rethinking Employee EngagementRethinking Employee Engagement
Rethinking Employee Engagement
Alison Keim
 
Making the Business Case for Investing in Talent Acquisition
Making the Business Case for Investing in Talent AcquisitionMaking the Business Case for Investing in Talent Acquisition
Making the Business Case for Investing in Talent Acquisition
Recruitment Process Outsourcing Association
 
Employee engagement survey
Employee engagement surveyEmployee engagement survey
Employee engagement survey
poojametiom
 
1130 track1 stevens
1130 track1 stevens1130 track1 stevens
1130 track1 stevens
Rising Media, Inc.
 
2016 China Recruiting Trends Report
2016 China Recruiting Trends Report2016 China Recruiting Trends Report
2016 China Recruiting Trends ReportDi You
 
EVP3.pdf
EVP3.pdfEVP3.pdf
10 HR Metrics Every Company Should Track .pdf
10 HR Metrics Every Company Should Track .pdf10 HR Metrics Every Company Should Track .pdf
10 HR Metrics Every Company Should Track .pdf
nguyenanvuong2007
 
Webinar - Unlock the Power of Payfactors
Webinar - Unlock the Power of PayfactorsWebinar - Unlock the Power of Payfactors
Webinar - Unlock the Power of Payfactors
PayScale, Inc.
 
The Compression Session
The Compression SessionThe Compression Session
The Compression Session
PayScale, Inc.
 
CFMA May 2015 - Recruitment & Retention
CFMA May 2015 - Recruitment & RetentionCFMA May 2015 - Recruitment & Retention
CFMA May 2015 - Recruitment & RetentionChristine Rahlf
 
Pre-Employment Personality Tests: A New Approach
Pre-Employment Personality Tests: A New ApproachPre-Employment Personality Tests: A New Approach
Pre-Employment Personality Tests: A New Approach
Benjamin Cirillo
 
Hiring at Scale
Hiring at ScaleHiring at Scale
Hiring at Scale
LinkedIn Europe
 
chapter FOUR Right People Designing Recruiting and Staffing Proc.docx
chapter FOUR Right People Designing Recruiting and Staffing Proc.docxchapter FOUR Right People Designing Recruiting and Staffing Proc.docx
chapter FOUR Right People Designing Recruiting and Staffing Proc.docx
christinemaritza
 
2018 ultimate-recruiting-toolbox-en
2018 ultimate-recruiting-toolbox-en2018 ultimate-recruiting-toolbox-en
2018 ultimate-recruiting-toolbox-en
~Eric Principe
 
2019 Hiring Trends & Tips
2019 Hiring Trends & Tips2019 Hiring Trends & Tips
2019 Hiring Trends & Tips
Alberto Santana
 
Creating Employer Brand Value
Creating Employer Brand ValueCreating Employer Brand Value
Creating Employer Brand Value
N. Robert Johnson, APR
 
13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf
Allison Thompson
 
“People leave managers, not companies”
“People leave managers, not companies”“People leave managers, not companies”
“People leave managers, not companies”
AyahOsama2
 
Being a better boss-How to reduce turnover
Being a better boss-How to reduce turnoverBeing a better boss-How to reduce turnover
Being a better boss-How to reduce turnover
Dr. Zar Rdj
 
Webinar: How to Communicate to Comp Executives and Managers
Webinar: How to Communicate to Comp Executives and ManagersWebinar: How to Communicate to Comp Executives and Managers
Webinar: How to Communicate to Comp Executives and Managers
PayScale, Inc.
 

Similar to Webinar - Recruiting and Retaining Talent through Economic Uncertainty (20)

Rethinking Employee Engagement
Rethinking Employee EngagementRethinking Employee Engagement
Rethinking Employee Engagement
 
Making the Business Case for Investing in Talent Acquisition
Making the Business Case for Investing in Talent AcquisitionMaking the Business Case for Investing in Talent Acquisition
Making the Business Case for Investing in Talent Acquisition
 
Employee engagement survey
Employee engagement surveyEmployee engagement survey
Employee engagement survey
 
1130 track1 stevens
1130 track1 stevens1130 track1 stevens
1130 track1 stevens
 
2016 China Recruiting Trends Report
2016 China Recruiting Trends Report2016 China Recruiting Trends Report
2016 China Recruiting Trends Report
 
EVP3.pdf
EVP3.pdfEVP3.pdf
EVP3.pdf
 
10 HR Metrics Every Company Should Track .pdf
10 HR Metrics Every Company Should Track .pdf10 HR Metrics Every Company Should Track .pdf
10 HR Metrics Every Company Should Track .pdf
 
Webinar - Unlock the Power of Payfactors
Webinar - Unlock the Power of PayfactorsWebinar - Unlock the Power of Payfactors
Webinar - Unlock the Power of Payfactors
 
The Compression Session
The Compression SessionThe Compression Session
The Compression Session
 
CFMA May 2015 - Recruitment & Retention
CFMA May 2015 - Recruitment & RetentionCFMA May 2015 - Recruitment & Retention
CFMA May 2015 - Recruitment & Retention
 
Pre-Employment Personality Tests: A New Approach
Pre-Employment Personality Tests: A New ApproachPre-Employment Personality Tests: A New Approach
Pre-Employment Personality Tests: A New Approach
 
Hiring at Scale
Hiring at ScaleHiring at Scale
Hiring at Scale
 
chapter FOUR Right People Designing Recruiting and Staffing Proc.docx
chapter FOUR Right People Designing Recruiting and Staffing Proc.docxchapter FOUR Right People Designing Recruiting and Staffing Proc.docx
chapter FOUR Right People Designing Recruiting and Staffing Proc.docx
 
2018 ultimate-recruiting-toolbox-en
2018 ultimate-recruiting-toolbox-en2018 ultimate-recruiting-toolbox-en
2018 ultimate-recruiting-toolbox-en
 
2019 Hiring Trends & Tips
2019 Hiring Trends & Tips2019 Hiring Trends & Tips
2019 Hiring Trends & Tips
 
Creating Employer Brand Value
Creating Employer Brand ValueCreating Employer Brand Value
Creating Employer Brand Value
 
13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf13 Part 5 And Chapter 13 Pp336-369.Pdf
13 Part 5 And Chapter 13 Pp336-369.Pdf
 
“People leave managers, not companies”
“People leave managers, not companies”“People leave managers, not companies”
“People leave managers, not companies”
 
Being a better boss-How to reduce turnover
Being a better boss-How to reduce turnoverBeing a better boss-How to reduce turnover
Being a better boss-How to reduce turnover
 
Webinar: How to Communicate to Comp Executives and Managers
Webinar: How to Communicate to Comp Executives and ManagersWebinar: How to Communicate to Comp Executives and Managers
Webinar: How to Communicate to Comp Executives and Managers
 

More from PayScale, Inc.

Webinar - Fundamentals of Compensation
Webinar  -  Fundamentals of CompensationWebinar  -  Fundamentals of Compensation
Webinar - Fundamentals of Compensation
PayScale, Inc.
 
Webinar - How to Implement a Data-Driven Compensation Strategy
Webinar - How to Implement a Data-Driven Compensation StrategyWebinar - How to Implement a Data-Driven Compensation Strategy
Webinar - How to Implement a Data-Driven Compensation Strategy
PayScale, Inc.
 
Webinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycleWebinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycle
PayScale, Inc.
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
PayScale, Inc.
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
PayScale, Inc.
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary Data
PayScale, Inc.
 
Webinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPayWebinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPay
PayScale, Inc.
 
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices RevealedWebinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
PayScale, Inc.
 
Webinar - 2024 Compensation Best Practices Panel
Webinar - 2024 Compensation Best Practices PanelWebinar - 2024 Compensation Best Practices Panel
Webinar - 2024 Compensation Best Practices Panel
PayScale, Inc.
 
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
PayScale, Inc.
 
Webinar-The Future of Job Description Management.pdf
Webinar-The Future of Job Description Management.pdfWebinar-The Future of Job Description Management.pdf
Webinar-The Future of Job Description Management.pdf
PayScale, Inc.
 
Webinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
Webinar - Closing the Gap: How Organizations are Making Fair Pay a RealityWebinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
Webinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
PayScale, Inc.
 
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
PayScale, Inc.
 
Webinar - Panel: Navigating the Nuances of Compensation Communications
Webinar - Panel: Navigating the Nuances of Compensation CommunicationsWebinar - Panel: Navigating the Nuances of Compensation Communications
Webinar - Panel: Navigating the Nuances of Compensation Communications
PayScale, Inc.
 
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
PayScale, Inc.
 
Webinar - Planning for Pay Transparency Legislation in the New Year
Webinar - Planning for Pay Transparency Legislation in the New YearWebinar - Planning for Pay Transparency Legislation in the New Year
Webinar - Planning for Pay Transparency Legislation in the New Year
PayScale, Inc.
 
Webinar - How to Create and Maintain a Practical Compensation Calendar
Webinar - How to Create and Maintain a Practical Compensation CalendarWebinar - How to Create and Maintain a Practical Compensation Calendar
Webinar - How to Create and Maintain a Practical Compensation Calendar
PayScale, Inc.
 
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
PayScale, Inc.
 
Webinar - Getting the Right Data Mix to Market Price Your Jobs
Webinar - Getting the Right Data Mix to Market Price Your JobsWebinar - Getting the Right Data Mix to Market Price Your Jobs
Webinar - Getting the Right Data Mix to Market Price Your Jobs
PayScale, Inc.
 
Total rewards managing expectations
Total rewards managing expectationsTotal rewards managing expectations
Total rewards managing expectations
PayScale, Inc.
 

More from PayScale, Inc. (20)

Webinar - Fundamentals of Compensation
Webinar  -  Fundamentals of CompensationWebinar  -  Fundamentals of Compensation
Webinar - Fundamentals of Compensation
 
Webinar - How to Implement a Data-Driven Compensation Strategy
Webinar - How to Implement a Data-Driven Compensation StrategyWebinar - How to Implement a Data-Driven Compensation Strategy
Webinar - How to Implement a Data-Driven Compensation Strategy
 
Webinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycleWebinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycle
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary Data
 
Webinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPayWebinar - Q2 2024: What’s New in MarketPay
Webinar - Q2 2024: What’s New in MarketPay
 
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices RevealedWebinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
Webinar - Pay Transparency Legislation Series, Ep. 11: Best Practices Revealed
 
Webinar - 2024 Compensation Best Practices Panel
Webinar - 2024 Compensation Best Practices PanelWebinar - 2024 Compensation Best Practices Panel
Webinar - 2024 Compensation Best Practices Panel
 
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
Navigating the Now: Pay Transparency, Equity and Opportunity in 2024
 
Webinar-The Future of Job Description Management.pdf
Webinar-The Future of Job Description Management.pdfWebinar-The Future of Job Description Management.pdf
Webinar-The Future of Job Description Management.pdf
 
Webinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
Webinar - Closing the Gap: How Organizations are Making Fair Pay a RealityWebinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
Webinar - Closing the Gap: How Organizations are Making Fair Pay a Reality
 
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
Webinar - Paving the Way: Reflections and Insights for Year-Long Compensation...
 
Webinar - Panel: Navigating the Nuances of Compensation Communications
Webinar - Panel: Navigating the Nuances of Compensation CommunicationsWebinar - Panel: Navigating the Nuances of Compensation Communications
Webinar - Panel: Navigating the Nuances of Compensation Communications
 
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
Webinar - Compensation Best Practices Report Secrets Revealed: Play the Early...
 
Webinar - Planning for Pay Transparency Legislation in the New Year
Webinar - Planning for Pay Transparency Legislation in the New YearWebinar - Planning for Pay Transparency Legislation in the New Year
Webinar - Planning for Pay Transparency Legislation in the New Year
 
Webinar - How to Create and Maintain a Practical Compensation Calendar
Webinar - How to Create and Maintain a Practical Compensation CalendarWebinar - How to Create and Maintain a Practical Compensation Calendar
Webinar - How to Create and Maintain a Practical Compensation Calendar
 
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
Webinar - Turning the Page: HR and Compensation Trends and Predictions for th...
 
Webinar - Getting the Right Data Mix to Market Price Your Jobs
Webinar - Getting the Right Data Mix to Market Price Your JobsWebinar - Getting the Right Data Mix to Market Price Your Jobs
Webinar - Getting the Right Data Mix to Market Price Your Jobs
 
Total rewards managing expectations
Total rewards managing expectationsTotal rewards managing expectations
Total rewards managing expectations
 

Recently uploaded

原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
4y5yl5qy
 
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
SocialHRCamp
 
CI or FS Poly Cleared Job Fair Handbook | June 6
CI or FS Poly Cleared Job Fair Handbook | June 6CI or FS Poly Cleared Job Fair Handbook | June 6
CI or FS Poly Cleared Job Fair Handbook | June 6
ClearedJobs.Net
 
Periodical - Employee Spotlight Kathryn Hillenburg
Periodical - Employee Spotlight Kathryn HillenburgPeriodical - Employee Spotlight Kathryn Hillenburg
Periodical - Employee Spotlight Kathryn Hillenburg
marketing659039
 
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
6budtn3l
 
Promotion & Selection in Indian Railways .ppt
Promotion & Selection in Indian Railways .pptPromotion & Selection in Indian Railways .ppt
Promotion & Selection in Indian Railways .ppt
Rajesh KUMAR Gupta
 
The Benefits of Temporary Part-Time Jobs for Students
The Benefits of Temporary Part-Time Jobs for StudentsThe Benefits of Temporary Part-Time Jobs for Students
The Benefits of Temporary Part-Time Jobs for Students
SnapJob
 
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
SocialHRCamp
 
Rally Webinar Recruitment Marketing for High Volume Hiring.pdf
Rally Webinar Recruitment Marketing for High Volume Hiring.pdfRally Webinar Recruitment Marketing for High Volume Hiring.pdf
Rally Webinar Recruitment Marketing for High Volume Hiring.pdf
Rally Recruitment Marketing
 
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
4y5yl5qy
 

Recently uploaded (10)

原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
原版定制(ucdavis毕业证书)加州大学戴维斯分校毕业证学位证书电子版原版一模一样
 
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...
 
CI or FS Poly Cleared Job Fair Handbook | June 6
CI or FS Poly Cleared Job Fair Handbook | June 6CI or FS Poly Cleared Job Fair Handbook | June 6
CI or FS Poly Cleared Job Fair Handbook | June 6
 
Periodical - Employee Spotlight Kathryn Hillenburg
Periodical - Employee Spotlight Kathryn HillenburgPeriodical - Employee Spotlight Kathryn Hillenburg
Periodical - Employee Spotlight Kathryn Hillenburg
 
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
一模一样(unh毕业证书)美国新罕布什尔大学毕业证学位证书案例原版一模一样
 
Promotion & Selection in Indian Railways .ppt
Promotion & Selection in Indian Railways .pptPromotion & Selection in Indian Railways .ppt
Promotion & Selection in Indian Railways .ppt
 
The Benefits of Temporary Part-Time Jobs for Students
The Benefits of Temporary Part-Time Jobs for StudentsThe Benefits of Temporary Part-Time Jobs for Students
The Benefits of Temporary Part-Time Jobs for Students
 
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
Becoming Relentlessly Human-Centred in an AI World - Erin Patchell - SocialHR...
 
Rally Webinar Recruitment Marketing for High Volume Hiring.pdf
Rally Webinar Recruitment Marketing for High Volume Hiring.pdfRally Webinar Recruitment Marketing for High Volume Hiring.pdf
Rally Webinar Recruitment Marketing for High Volume Hiring.pdf
 
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
1比1仿制(csun毕业证书)加州州立大学北岭分校毕业证硕士文凭原版一模一样
 

Webinar - Recruiting and Retaining Talent through Economic Uncertainty

  • 1. DON BERMAN Co-Founder, VP of Sales & Marketing & JD “Xpert” Don Berman has spearheaded the adoption of HR and talent management applications and technology driven best practices at large and mid- sized companies throughout the U.S and abroad. As co-founder and VP of Client Services, Don was instrumental in evolving the focus of JDXpert’s Talent Management platform toward a job description- centric model that resulted in JDXpert becoming a market leader in job description management solutions. Today, Don leads the company’s sales, marketing and partner efforts. Today’s Speaker
  • 3. Which of the following do you expect to be the most challenging in 2023? Poll Attribution
  • 4. Recession: Perception vs Reality Recession Significant, prolonged decline in: Reality Numbers are not indicating a recession v v v GDP Employment Consumer Spending ^ ^ ^ United States GDP +2.6% Source: CNBC Source: FRED US Unemployment rate 3.7% US PCE up 0.6% Source: FRED Reuters
  • 5. What’s Fueling Financial Discontent? Forbes | CNN Business Short Term Mid Term Long Term Inflation (Recession) Supply Chain Labor Shortage
  • 6. HR Challenges Recover Retain Recruit Reflect Deloitte
  • 7. Modern job description management for today’s HR pros Job Description Management Solution BEST IN CLASS
  • 8. Why Managing Job Descriptions is a critical issue for strategic HR A clear understanding of the job is REQUIRED TO Recruit the right people Evaluate employee productivity & performance Identify and retain top performers Identify and manage bottom performers Motivate employees with engaging Career Paths Identify Employee Training Gaps Develop an equitable salary structure Protect your future with effective succession plans Protect your company from regulatory sanction FLSA, ADA, Equal Pay Benchmark/Evaluate jobs to compensate employees fairly
  • 9. Job information is the cornerstone of what we do Where do we keep this critical dataset? THE JOB DESCRIPTION Human Resources Talent Management Compensation
  • 10. If you were to rate satisfaction with your job descriptions on a scale of 1-10 (1 is lowest) – where would you land? Poll
  • 12. Recover? Economy • Higher personal savings rate • Government relief programs Flexibility • Hybrid, remote, return to office Job Vacancies • Service industry • Early retirement • Fewer younger workers Layoffs? • Cause of current layoffs Trading Economics | Federal Reserve Bank of St Louis
  • 14. Charting a direction HR Dive • HR ‘s role in an economic downturn • What have we been doing? • What is our ability to predict the future • Are you confused? • The ongoing labor shortage needs to be top of mind
  • 15. What To Do 01 LOOK ELSEWHERE Other than HC America’s SBDC ► Increase productivity ► Minimize other costs ► Delay planned investments ► Expand revenue streams ► Offer compelling promotions ► Bring roles in house 02 REFINE JOB DATA Understand the work done at a granular level 03 Plan to scale headcount for roles with many incumbents ASSESS HEADCOUNT 04 Combine responsibilities to form fewer roles CONSOLIDATE BE PREDICTIVE 05 Using real-time data Surgical approach MEASURED ACTION 06
  • 17. Retain Keep the workers you already have by • Addressing burnout • Boosting engagement • Strategic compensation • Re-recruit employees Statista
  • 18. World Health Organization Occupational burnout is a syndrome resulting from chronic work-related stress, with symptoms characterized by "feelings of energy depletion or exhaustion; increased mental distance from one’s job, or feelings of negativism or cynicism related to one's job; and reduced professional efficacy. What is Burnout?
  • 19. Causes of Burnout? Harvard Business Review Values Fairness Community Reward Control Workload
  • 20. Burnout: Why Job Descriptions Are Important Burnout is a complex issue with multiple causes Impact on these causes of Burnout A clear understanding of work from an effective job description can: Workload: Unclear or overly demanding job expectations Can provide a clear definition of the work to be done Control: Feeling like you have little or no control over your work Delineate what is and what is not a part of the job Reward: Lack of recognition or reward for good work Define what success looks like for the position 3 out of 6 Causes of burnout are related to the job description
  • 21. Employees are engaged when they are successful Job Descriptions • Describe success • Amplify impact of regular check-ins • Impact training, succession, knowledge of responsibilities Engagement: Why Job Descriptions Are Important
  • 22. 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
  • 23. Burnout & Engagement: What To Do 01 CONSISTENCY 02 Include what needs to be done to be successful in the position and allow employees to view, acknowledge, and comment on their job description CLARITY 03 GUIDANCE 04 Provide tools for employees to plan their careers PLANNING Make sure that your job descriptions are consistent with the actual duties and responsibilities of the job Utilize your job descriptions to develop career paths that layout growth opportunities in your organization
  • 24. Ruth Thomas Chief Evangelist at Payscale Strategic compensation happens when you start viewing pay as an investment rather than a cost and treat your people as an asset.
  • 25. Compensation: Why Job Descriptions Are Important Foundational element • Salary structures, career ladders/architecture, benchmarking, grading, and levelling • Market pricing • Removes guesswork
  • 26. Compensation: What To Do 02 Ensure accurate market pricing results by having job descriptions at hand . MARKET PRICING 01 JOB DESCRIPTION MANAGEMENT Create and maintain detailed, accurate and up-to-date job descriptions 03 STRATEGIC COMPENSATION Collate market pricing results with Job Descriptions to help validate compensation decisions
  • 27. Where Does Retention Start? • Hiring the right people • What is the right person? • The one that will be successful in the role Where do all your new hires land in your organization?
  • 28. • Quantify team dynamics • Important in determining hire success In Teams!!
  • 29. • Based on accurate, detailed, approved job descriptions • Query managers to describe: • Team contribution • Teaming style • Departmental culture • Job-to-be-done • Personal characteristics • Insert structured text to attract candidates who will be successful given those particular team dynamics. TeamScape Job Postings
  • 30. Re-Recruiting: Why Job Descriptions Are Important • Consider talent marketplace solutions • Provide personalized recognition and stretch assignments • Institute stay interviews and use Job Descriptions for: • Career pathing/advancement opportunities • Skills matching • Learning opportunities Lever HRO Today Vector Technical
  • 32. Labor Market Expectations Lever Flexibility Transparency Career Growth DE&I
  • 33. Flexibility: By The Numbers 65% of candidates want remote work options even after the pandemic 76% of employees see flex work as a top reason for staying with their current employer Lever
  • 34. What percentage of formerly on-site jobs do you predict will remain remote or hybrid permanently? Poll
  • 35. • Emphasizes essential functions • To monitor, evaluate, motivate remote workers • Defend against litigation • Qualify onsite versus remote functions Remote Work: Why Job Descriptions Are Important
  • 36. Remote Work: What To Do 02 Understand what tasks need to change or be done differently due to a remote work environment AUDIT TASKS 01 ASSESS VALIDITY Keep job descriptions up to date in the context of the new work environment 03 UPDATE COMPLIANCE INFORMATION Document changes to physical demands and working conditions for ADA compliance
  • 37. • Identify jobs as remote capable • Display remote guidelines • Allow stakeholder to indicate items that cannot be done remotely Identifying Remote Work
  • 38. • Report on remote-capable jobs • Revise remote capable jobs requiring on-site presence Identifying Remote Work
  • 39. Adaptive Job Descriptions Allow job descriptions to adapt in cases of • Business disruption • Move to remote work • Handle temporary consolidations due to labor shortages
  • 40. Adaptive Job Descriptions • Temporary override • Edit content to accommodate the new situation • Automatically revert at end date • Useful for: o Essential Functions o Physical Demands o Working Conditions
  • 41. Transparency: By The Numbers 50% of candidates become frustrated wit the lack of transparency in job postings and interviews 20 states currently have some sort of pay transparency law Lever | Zippa
  • 42. • What is pay transparency • Why is it important • What’s the relation between PT/PE • Creates issues for: • Companies with PE issues • Companies posting a job in multiple locales Pay Transparency vs Pay Equity
  • 43. Career Growth: By The Numbers 33% of candidates view career growth as a motivational factor when choosing an employer 47% of U.S. employees rate career advancement opportunities as very important to their job satisfaction and job engagement rates. Lever | Zippa
  • 44. • Career Paths • Enabling Methodologies: Job Architecture Career Growth: Why Job Descriptions Are Important
  • 45. • Allow employees to view jobs • In their current path • Other relevant paths in the organization • Explore side-by-side Career Path
  • 46. • Consistent structure to describe work • Career development & succession • Coherent compensation strategy • Transparency and employee mobility • Workforce analytics & planning • Organizational changes & M&A events Job Architecture Enables
  • 47. • Cascades architecture content into job descriptions • Creates guides for stakeholder that can be used for writing and revising job descriptions • Enforces job architecture structure • Supports competency and skills models • Insures coherent progressions Job Architecture in Job Descriptions
  • 48. Edit and collaborate with stakeholders on: • Job Families • Sub-Families • Career Stream/Levels Map employees to the architecture Tools for Job Architecture
  • 49. DE&I: By The Numbers +15% +35% Better financial performance above national industry median ethnic/gender 67% of job seekers consider workplace diversity an important factor McKinsey Bonus.ly
  • 50. DE&I and Job Descriptions Pay Equity Debiasing Skills-Based Recruiting
  • 51. Pay Equity: Why Job Descriptions Are Important • Inaccurate job descriptions are an obstacle to pay equity • Substantially similar work is the standard based on a composite of: • Responsibilities/Essential Functions • Knowledge, Skills and Abilities • Effort Tools to expose hidden pay gaps • Quantitative Analysis – Similarity scoring • Qualitative Analysis – Side-by-side review of cohorts CA.gov
  • 52. Debiasing- Impact of Bias in Job Descriptions • Discourages candidates who think the job is “not for them” • Narrows applicant pool
  • 53. Types of Bias Gender Bias Racial/Class Bias Age Bias Able Bias
  • 54. Jargon • SOW • Ad Hoc • TPS report Excess superlatives • Awesome • Immense • World-class Other Language that Reduces Applicants
  • 56. Recruiting: Skills- Based Job Postings Less weight on education and experience because doing so: • Drastically expands the talent pool • By including those without degrees • By adding in those with experience gaps or frequent job changes Education level does not guarantee skills • Many ways to learn needed skills Skillful, The Wall Street Journal
  • 57. What To Do: Skills- Based Job Postings • Skills-Based Job Posting • Focus on KSAs and Competencies • Company Description • Job Summary • KSAs • (Foundational) Competencies • Example Activities (Essential Functions) • Licenses and Certifications • Physical Demands • Disclaimers
  • 58. More candidates 1 2 More diverse candidate pool Recruiting Blueprint Team-scape Job Postings Skills-based Recruiting Address Expectations Accurate & Up-to-date Job Descriptions 3 More successful hires
  • 59. Wrap Up • The economy is expected to contract in 2023; however, the long-term issue we need to confront is the labor shortage • Get your job descriptions in order so that they can address talents’ need for transparency, flexibility, career growth, fair compensation, engagement and relief of burnout • Use power tools to understand the work that people do and how it fits into your organization • Increase the effectiveness of your recruiting efforts by creating job postings that expand the talent pool with candidates who have the capacity for success
  • 60. Thank you! Want to learn more about how JDXpert can help you get the most out of your job descriptions? Schedule Your Demo Today! https://jdxpert.com/contact/