Title: Going with the Flow or Swimming Upstream:
1 Going with the Flow or Swimming Upstream How
to Handle Current Trends in Employment Jill M.
Hudson, JD, SPHR Total Compliance Connection, LLC
2Session Objectives
- Scan the environment - whats going on out there?
- Identify trends
- Figure out what they mean to you
- Leverage the knowledge to your advantage
3Well focus on...
- Employees and Employers
- Changes in our
- age
- race
- generational differences
- education
- access to technology
- The New Ground rules
4September 10th, 2001
- Labor Depts Bureau of Labor Statistics reporting
an unemployment rate of 4.9 - President Bush said his administration is deeply
concerned about the unemployment rate and we
intend to do something about it. - Service industries added 72,000 jobs in August
5Post September 11, 2001
6Whats going on out there?
- At 6.2, Americas average unemployment rate is
still the lowest in 30 years. - Predictions are that it will average at 4.7 for
the next 20 years. - U.S. employers now find themselves in a global
war for talent
7Global Unemployment RatesInternational Labor
Office
8But what about us, Jill? Unemployment - JULY
2003 Oklahoma 5.5 OKC 5.5Tulsa
6.5Enid 3.2Lawton 3.8
9Human Resources in Oklahoma
- 1998 - 2008
- 2400 - 3100 30
- U.S. 13
10AGE
- 16 of the population is 60 or over
- The 85 category is the fastest growing
- Our median age is 35.3
11AGE
- The median age of the workforce shifted from 18
in 1970, to 35.3 in 2000. - The 45 and older group increased by 30 during
this period. - Today, 51 of the workforce is
- middle-aged (between 35 and 54), while workers
under 24 continue to decline.
12RACE
13RACE
- U.S. born people of color and immigrants are 45
of the new workers beginning this year. - Asian and Hispanic populations will double, and
represent 40 of the total workforce - The percentage of white males continues to
decline, from 42 in 1990 to 36 by 2010. - Census Bureau reported this year that Hispanics
have surpassed African Americans as the largest
minority group in the U.S.
14ACCESS to TECHNOLOGY
- 53.5 of the US population has access to the
Internet - Canada - 44.9
- UK - 55
15ACCESS to TECHNOLOGY
- A persons ability to connect means that they
could be a candidate for a job with a company
2000 miles away, or for 100 companies at once -
all from their home. - People who might be otherwise unable to attend
college can because of being connected. - From 1992 until now, a year in the development of
the Internet has been likened to five to ten
years in the evolution of other media. The
backbone of the Internet now doubles in capacity
every 100 days.
16ACCESS to TECHNOLOGY
- There has been more information produced in the
last 30 years than in the previous 5,000 -
largely due to the Internet - A weekday edition of The New York Times contains
more information than the average person was
likely to come across in a lifetime in 17th
century England - 85 of college level knowledge will be obsolete
in 5 years - continuous learning is critical
17Quantitative vs. Qualitative
- Skills Gap exists many young employees lack
the knowledge, skills and attitude to properly
fill the high-tech jobs offered in our economy - Technology is raising the level of skills
required for new jobs, and for existing jobs - The D.O.L. estimates that 44 of all workers are
in data services
18Projected Job Growth 1996-2006
By Level of Education
Source BLS
19Fastest Growing Occupations
- Computer engineers
- Computer support specialists
- Systems analysts
- Paralegals
- Home health aides
- Social service assistants
- Physicians assistants
20Growing vs. Shrinking Occupations
- 40 of jobs in Americas growing occupations
require intermediate or higher level language
skills, whereas only 21 of jobs in shrinking
occupations do - 33 of jobs in growing fields require high
problem solving skills only 1 in shrinking jobs
do
21Skills Employers Want
- Writing
- Listening
- Observation
- Applied Mathematics
- Reading for information
- Applied Technology
- Locating Information
- Teamwork
22- Young men have strong desires, and whatever they
desire they are prone to do. They have not yet
been humbled by life or come to know the force of
circumstances. They think they know everything
and are positive about everything.
Aristotle322 B.C.
23Generations Birth Rates
- Millions per
year - 1920-39 Silents 2.4
- 1946-64 Baby Boom 4.0
- 1965-80 GenX 3.3
- 1980-2003 Millenials 4.0
24General Personalities
- Silents BB X
- Outlook practical
optimistic skeptical - View Authority respectful love/hate
unimpressed - Work Ethic dedicated driven
balanced - Leadership by hierarchy consensus
competence - Relationships sacrifice gratify
non-commit - Perspective civic team
self
25Closer Look Generation X
- 71 believe sometimes you have to compromise your
principles
Margot Harnblower
Time
6/9/97 - Tell us what it is. Tell us what it does. And
dont play the national anthem while you do it.
Advertising Nike Corporation
26 I find it interesting that a family-focused
business scoffs when you want to take a day off
to spend time with your family.
Jennet Hunt Graduate Student Age 26
27Harsh Economic Facts
- Takes 40 of income for home mortgage(1950s,
payments took 14) - Today, 30 yr. old male will earn 25 less than
his dad his father earned more than his
grandfather at 30 - 60 will get back 200 for 100 paid in Social
SecurityXers will lose more than 100 for every
450 contributed
Claire Raines Beyond Generation X
28- Longer stage between childhood... adulthood
- 30 live with parents ( kids)
- Youngest copulating, oldest marrying generation
recorded - Not ready for commitment
J.W. Shenk
US
News World Report 6/9/97
29- Want what they want when they want it
- Automatic teller machines
- Pagers
- Cell phones
- Microwaves
- T.V. remote controls
- Fast food industry
- Expect instant gratification
30- Self reliant
- Both parents working
- Higher divorce rate/single parents
- Latchkey kids
- Creative problem solvers
- Color blind Diversity is a way of life
31- Thrive with technology
- Amazingly technoliterate
- Want info quickly
- More visual than literary
- Short attention span or...Can think midst
tidal waves of information
32 Likes Dislikes
- Honesty
- Feedback ( and -)
- Visuals
- Ongoing development
- Fun
- Hearing about past
- Inflexibility
- Being over managed, over watched
- Feeling disrespected
- Technique over results
- Disparaging comments
- Being called Xers
33X RequisitesMost Frequent Requests of Managers
- Appreciate us
- Be flexible
- Create a team
- Develop us
- Involve us
- Lighten up!
- Walk your talk
34The Millenials
- 57 million Americans under 15 - 20 million ages
4-8 - 60 have moms working outside the home compared
to 18 in 1960 - 60 of households with ages 7 or younger have
personal computers - Will determine how - and how well- Boomers live
in retirement
35The Millenials
- 1/3 of elementary-school students are black or
Hispanic, compared with 22 in 1974. Minorities
will be the majority by 2050 - No threat of nuclear war but much less
independence - Millenials will live beyond 2070, making the
Jetsons seem like the Flinstones
36 Millenials are...
- Action-oriented What am I going to do about
it? - Realistic
- Responsive and passionate they are concerned
about the environment, prejudice, and world peace - Are team players look for solutions
collectively and with humor - Are stressed boomer parents are pushing them to
succeed
37How Does Change Feel?
38Employer What should I do?
- What do I need to think about when considering
employment structures? - What are the needs and values of the people I
want to have work for me?
39Employee What should I Do?
- What should you focus on to be successful
- What will make you a valuable working commodity?
40The Trinity of the Blur
Connectivity
Speed
Intangibles
411. Be a Quick Change Artist
- Short-lived assignments are common
- Constantly new co-workers, bosses, etc.
- Must adapt fast
- Must have rapid recovery
- You will have to learn how to change reflex-level
behaviors
42- You think you understand the situation, but
what you dont understand is that the situation
just changed. - - Putnam Investments advertisement
43Are we doing it?
- National survey of 1100 HR professionals
- Four topics
- HR Issues
- Managing Change
- HRs Role in Organization
- Need help measuring (HR Scorecard)
- HR Skills
- Most important people skills
- Least important financial, analytical, process
and research skills - Body of HR Knowledge
- Specific to industry and specialization
442. Commit to a Job
- Not the same as loyalty
- Putting in your time wont work
- Commitment to a profession or discipline vs. a
company is very prevalent
45- Theyre only puttin in a nickel, but they want
a dollar song.
463. Speed Up
- Operate with a sense of urgency
- Learn to fail fast, fix it and go on
- Take no part in resistance to change, it will
only bog you down - I have a microwave fireplace. You can lay down
in front of it all night in eight minutes. -
Steven Wright
47 - Look at a roster of the 100 largest U.S.
companies at the beginning of the 1900s. Youll
find that only 16 are still in existence. - During the 1980s, a total of 230 companies 46
disappeared from the Fortune 500 list. - Companies today feel that takeovers are cheaper
than recruiting employees.
484. Accept Ambiguity and Uncertainty
- Your work life will be fuzzy
- If you have a high need for structure, youll
hate this environment - Employees will take personal responsibility for
prioritizing and acting
495. Behave like Youre in Business for Yourself
- Full-timers are the new minority
- Less than half the workforce will be holding
conventional full-time jobs - Every year more people are self employed
- 66 of HR managers polled said their company
allows employees to telecommute on a part time
basis - We are all free agents
50The business of baseball - and all professional
sports- changed forever the day in 1969 that
Curtis Flood, an all-star center fielder,
refused to report to work.. Free agency, not
baseball, has been the name of the game ever
since. Blur Davis and Meyer
51- David Bowie surprised the entertainment - and
investment -worlds when he announced that he
would float a personal bond issue. The entire
issue was snapped up within an hour for over 50
million. - Your talent becomes visible and can be priced on
the open market.
52Take-aways
- Unemployment is still low some sectors growing
- Technology continues to drive the economy
- Change is constant
- Keep learning
53Your Turn - Scenarios