US economy added 475K jobs to private payrolls in Feb. | 72% of young job seekers experience buyer's remorse | 5 mistakes that can contribute to employee turnover
Private payrolls gained 475,000 jobs in February, exceeding the Dow Jones estimate of 400,000, according to ADP. The payroll processing firm also revised its January estimate to a gain of 509,000 jobs from its earlier report of a loss of 301,000 jobs. Full Story: CNBC (3/2)
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Recruiting & Retention
72% of young job seekers experience buyer's remorse Seventy-two percent of millennial and Generation Z job seekers say they've felt surprise or regret due to a new position being very different to what they expected, according to a study by The Muse. In addition, 41% say they would quit after two to six months if the role remains below expectations, and Kathryn Minshew, CEO and founder of The Muse, stresses the importance of employers being honest about job roles and work culture. Full Story: CNBC (3/2)
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Untapped PTO can be converted into other useful benefits Workers in the US didn't use 33% of their paid time off in 2020, with the shift toward at-home employment a key contributor. Some employers are using a virtual platform that allows staff members to convert their leftover vacation time into other benefits such as payment toward student loans or retirement funding. Full Story: Employee Benefit News (free registration) (3/1)
Technology
Have a flexible workforce? Here's how to manage it When a company offers flexible work hours, it increases the pool of job candidates and improves workforce retention, writes Eric St-Jean, an HR technology consultant, who walks through several tools HR teams should be using. Full Story: TechTarget (2/28)
The HR Leader
Self-compassion is a must to lead with empathy It's often easier to be empathetic and compassionate with other people than with ourselves, writes David Dye, who offers reflection questions for leaders. "[H]ow can you possibly maintain empathy for others if you're not acknowledging your own feelings?" Dye writes. Full Story: Let's Grow Leaders (2/28)
About the Editor
Kanoe Namahoe
OK, I admit it. When I saw the headline of today’s Leadership & Development story about Gen Zers, I rolled my eyes. “Another bee in the bonnet of this fussy generation,” I thought to myself. “What’s got them hot and bothered this time?” Turns out I was wrong. The story talks about how while many Gen Zers like the flexibility of remote work, they are concerned that they’re missing out on some important benefits of in-person work. Examples of this include mentoring from veteran colleagues and participating in meetings where they could expand their industry knowledge. I can appreciate this perspective. They’re not just interested in the office air hockey tournament (which I would win, by the way). They look at being in the office as a way to advance and enrich their careers. Smart! What do you think? Is that how you saw that article? Or did you have more of a “They are just never satisfied!” perspective? Let me know! And if you enjoy this brief, pass it on to a friend so they can sign up.
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