It’s no surprise the pandemic completely changed everyone’s lives, with a good majority of employees leaving their jobs because they are not only wanting more from their careers, but needed more support from their workplace. Much has been made of “The Great Resignation," with work itself evolving, it reflects a reprioritisation of personal choices on a global scale — creating a discontinuity that should be of great concern to every leader.
As Australia emerges from the pandemic, a new report by ING Australia reveals 78% feel positive, and some even extremely positive (19%), about the year ahead. The ING Sense of Us Report shows 20% say positivity is the theme of the year and although some 18% are looking for a more calm year, in contrast, one in six 16% are looking to shake things up, describing the year as ‘new’ (4%), ‘energetic’ (4%), ‘fun’ (3%) and ‘yolo’ (2%).
Unit4, a player in enterprise cloud applications for people-centric firms, announced the hire of Tania Garrett as Chief People Officer. Tania will oversee the firm’s people success function where she will be responsible for talent acquisition, learning & development, compensation & benefits, and regional HR field teams. Tania will report to Mike Ettling, CEO, Unit4.
The past two years have marked the rapid expansion of hybrid working, where employees feel empowered to split their time between working from home, the head office, and a neighbourhood coworking space. Having experienced the benefits of hybrid working during the pandemic, employers are planning for a permanent shift to a hybrid model of work.
In a world where 63% of employees say a hybrid work model is their ideal work pact, only three in ten strongly agree that their firm provides them with the necessary tech to coact equally and inclusively from anywhere. This is according to Jabra’s 2022 edition of the Hybrid Ways of Working Global Report, carried out amongst 2,800 knowledge workers in 6 countries globally to understand sentiments and motivations in this hybrid working era.
According to a report by KellyOCG, the outsourcing and consulting business of Kelly. Over three quarters of Australian senior executives say they are planning to leave their firms in the next two years, which is higher than the global average. The second annual KellyOCG Global Workforce Report – Re:work, surveyed 1,000 senior business leaders in 12 countries to understand the talent challenges and risks facing firms as they emerge from the pandemic.
40:40 Vision, the investor-led initiative to achieve gender balance in executive leadership, has expanded to the ASX300 with media giant Southern Cross Austereo (SCA), homewares retailer Adairs, healthcare company Healius and insurer QBE among the latest signatories. Chief Executive Women (CEW) census data shows firms in the ASX300 are some of the worst performing when it comes to gender diversity in executive leadership, compared to the ASX100 and ASX50. 62% of all ASX300 firms have no women in line roles, meaning there’s no consistent pipeline to increase the proportion of female CEOs and executive leaders.
A new study from global employee engagement firm Reward Gateway reveals the expectations of employees and goals of HR leaders as they adapt to a post-pandemic world and face record-high inflation rates. The survey of 3,799 employees and HR decision-makers in the UK, U.S. and Australia highlights that employees want support beyond a paycheck. 50% would like to see increased investment in employee reward. 49% of employees would like their employer to increase investment in mental, physical and financial wellbeing resources. Responses further indicate that these investments are more than nice-to-haves.
HubSpot, the customer relationship management (CRM) platform for scaling companies, announced the launch of ‘The Great Upskill’, which will see brands across APAC including Google ANZ, MessageMedia, Meltwater, Seismic, and Aircall, give their employees a full workday during the week of May 9–13 to dedicate to upskilling and job-related learning. The movement comes on the back of research from HubSpot, which found 71% of Aussie workers wish their employer placed higher value on job-related learning and upskilling, with four out of five saying it’s bumped to the bottom of the to-do list when work gets busy.
‘The Great Resignation’ has been at the forefront of every business leader’s mind since the beginning of the pandemic two years ago. But for Australians in particular, it’s further exacerbating the ongoing technical skills shortage that employers have faced for many years. Australia has had to rely on skilled migrant workers to fill highly-sought after technical roles, which only became more difficult when the international borders closed. Despite borders reopening and the business world returning to some semblance of normalcy, the technology skills shortage could worsen with the federal government’s announcement that it will halve the number of migrant workers entering the country on skilled visas in the next financial year.