US Labor grants target young adults, tech jobs | Goldman to use video tool for college recruiting | Mich. city organization to train unemployed residents
Vice President Joe Biden and Labor Secretary Thomas Perez this week noted the need for technology talent when announcing $150 million in grants to support training programs. Of the grant money awarded, $126 million will go toward initiatives targeting young adults ages 17 to 29 who need a postsecondary education to access the tech sector. Morning Consult (6/27)
Why Mergers & Acquisitions Fail, And How HR Can Help The failure rate of an M&A typically hovers between 70-90%. Despite this and the negative impact a failed M&A can have, there is a promising opportunity for HR to make a difference. Download this guide to learn why M&As fail, and how HR can boost the success rate before, during and after the M&A process.
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Recruiting & Retention
Goldman to use video tool for college recruiting Goldman Sachs says it will use HireVue's video platform to interview undergraduates starting this summer, instead of conducting in-person interviews. The bank will also incorporate electronic screening and possibly a personality test. Business Insider (6/23)Mich. city organization to train unemployed residents The Detroit Conservation Corps has teamed with the city of Detroit to help provide job training and placement for 2,500 local unemployed people. The focus will be training in green careers, including agriculture, landscaping, urban forestry and floral decor. The Detroit News/The Associated Press (6/24)
Small companies make moves to welcome LGBT community A number of small businesses are taking steps to become more inclusive of the LGBT community in the wake of the nightclub shooting in Orlando, Fla. Some businesses are updating their handbooks or clarifying policies to make sure all of their employees feel safe and accepted. The Associated Press (6/23)
Strategies for Success from TrainingMag.com
Seek commitment, not potential, in employees High-commitment employees are more valuable than high-potential employees, who can be divisive and counterproductive, consultant Murad Mirza writes. "The term, 'potential,' itself signifies a penchant for risk, gamble, and uncertainty on predominantly 'lagging' performance indicators," he writes. TrainingMag.com (6/24)
Benefits & Compensation
N.J. lawmakers approve wage hike New Jersey lawmakers have passed legislation to increase the state's minimum wage to $15 an hour. However, the bill could be vetoed by Gov. Chris Christie, who has previously referred to the proposal as "reckless." CNNMoney (6/23)Do male professors benefit most from college family-friendly policies? Tenure-extension policies implemented at many colleges and universities with the intention of helping families may benefit male professors more than their female peers, a study finds. Men saw a 19-percentage-point rise in tenure achievement after the policies were adopted, while the chances for women to gain tenure dropped 22 percentage points, the data showed. The New York Times (free-article access for SmartBrief readers) (6/24)
The HR Leader
Help your passionate employees unleash their energies Forward-thinking leaders recognize that companies should place passionate, driven team members in roles where their hard work and dedication will be rewarded. "Discretionary effort unleashes a level of enthusiasm and productivity that a company can't afford to pay for," writes Alaina Love. SmartBrief/Leadership (6/27)
Managers are people who do things right, and leaders are people who do the right thing.
