Friday, January 20, 2023

Rethink Your Employee Value Proposition

Alan Tudge, Christian Porter and Rachelle Miller to front robo-debt inquiry Brisbane Times. More on Robodebt


Replying to @strangerous10
#RoboDebtRC Angus Scott reveals the result of Ryman’s botched Pilot, showing 58% of recipients did not respond. 😳 Ryman never bothered to check on the reasons and was satisfied with this before going full steam ahead with Robodebt. [6/8]

French chateau cost the same as a Sydney apartment


TikTok Conquered The Social Media World.  Now It’s Being Conquered By Geopolitics

Here's the story of how Zhang Yiming built the tech giant ByteDance and its star video app became a global juggernaut — only to find itself caught between U.S. concerns about data privacy and the ever-tighter rule of Xi Jinping's Chinese Communist Party. - The New York Times Magazine






Studies: How Making Theatre Helps You Think

Theater involves “active learning” — getting up on your feet to take in information, rather than merely sitting at a desk. “When you put something in your body, it’s more durable, it lasts longer, and you remember it longer.”  - Washington Post


Rethink Your Employee Value Proposition Harvard Business Review: “The Great Resignation and a highly competitive labor market have made attracting and retaining talent a major challenge for employers. To meet it, many are following a basic strategy: Ask people what they want and try to give it to them. Temptingly simple as this response is, it can be a trap. It tends to focus discussions on the material aspects of jobs that are uppermost in employees’ and recruits’ minds at the moment. In the past the foremost issue was often pay, but most recently it has been flexibility—notably, remote and hybrid work. And while material offerings are the easiest levers to pull (you can decide to give a bonus tomorrow) and are immediately appreciated, they’re easy for competitors to imitate, and their impact on employee retention is the least enduring. 



An overreliance on them can set up a race to the bottom as employers strive to outbid one another for talent. There’s a much better approach—one that improves hiring and retention and shifts the focus of leaders and workers alike from what they want in the moment to what they need to build a thriving and sustainable future for the organization and for themselves. 

It’s designing and implementing an employee value proposition—a system composed of four interrelated factors. Material offerings include compensation, physical office space, location, commuting subsidies, computer equipment, flexibility, schedules, and perks.”