CHRO Kevin Silva has built a human capital blueprint that provides a sense of inclusion, purpose, and opportunities to grow. The result? A 95 percent retention rate of accelerated talent.
By Debbie Bolla
Research from LinkedIn finds that today’s workers feel most engaged when they are challenged and personally connected to their work. Voya Financial is one organization that is providing that type of environment. CHRO Kevin Silva has helped build a culture that is based on the philosophy that the sum of all the parts is stronger than the individual parts. In fact, the phrase “we are the we” is one of the organization’s corporate values.
A roundup of the top providers and product vendors across 19 sectors of HR services.
By The Editors
The HR industry is experiencing a transformation. Faced with new technologies and shifting employee expectations, organizations are looking beyond the functional role of HR and developing strategies to increase its impact on business performance and growth.
Culling data from employee engagement surveys can drive strategic business decisions.
By Marta Chmielowicz
Employee engagement is a key competitive differentiator in today’s business climate. According to DecisionWise’s 2018 State of Employee Engagement Report, engagement is a top priority for 51 percent of executive teams, and 56 percent of organizations have a formal program in place to measure and enhance it. For most, this program consists of employee feedback systems (60 percent), company events (52 percent), recognition programs (45 percent), and more.
By Elliot H. Clark
In this month’s cover story, we profile one of our CHRO of the Year Award winners Kevin Silva of Voya Financial. Kevin Silva is an extraordinary example of a CHRO who owns responsibilities beyond the HR suite and who drives the Voya culture in a unique way. By culture I mean not only HR programming, but also the company’s entire corporate responsibility (CR) program. At HRO Today, we love that idea.
Last year, we divested our ownership of Corporate Responsibility Magazine to a friendly rival, 3BL Media, with whom we had areas of competition and partnership. It was the right decision for the shareholders of SharedXpertise Media LLC, the parent company of HRO Today. However, this transaction did not fundamentally signal a change in our philosophy. There are so many synergies between CR and HR, it is unfortunate that more organizations do not combine these executive roles.
The latest 2018 Talent Trends report shows that HR is seeking a blend of high-tech and high-touch when it comes to AI deployment.
By Michel Stokvis
While they won’t sport bionic arms and legs, recruiters will be empowered like never before by technology that makes them smarter, more efficient, and more connected. The recruiter of the near future will be able to find the right talent with the push of a button and will possess the people skills to engage and convert top candidates into employees. And that’s not science fiction.
Worker confidence is boosted by increased job security in the current tight labor market.
By Larry Basinait
The Worker Confidence Index (WCI) for the second quarter of 2018 declined by 2.8 points, reversing a prior trend of consecutive quarterly increases. The WCI now stands at 104.3 (see Figure 1). Of the four components of the WCI, only job security increased, up by four points to 104.0. Likelihood of promotion decreased the most, down by 9.9 points. Likelihood of a raise and trust in company leadership indices also declined for the quarter. However, all four indices remain higher than they were one year ago.
How a cultural audit can elevate the onboarding process.
By Lilith Christiansen
Only 44 percent of employees believe their employer does a good job bringing new talent into the organization. Strategic onboarding seeks to solve that issue by moving beyond automating paperwork. Instead, it delivers a personalized journey that transforms new hires into fully functioning, integrated members of the team. Today’s onboarding approaches should provide clear expectations in terms of behavior and interaction with management, customers, and other employees.
With Paul Harty, Chief Solutions Officer, Sevenstep
With unprecedented low global unemployment rates, today’s forward-thinking companies are looking inward at their own internal talent pools to fill critical positions while growing employees. Paul Harty, chief solutions officer for Sevenstep says that data will be key to their success. Here, Harty explains what to measure, the best intelligence tools to leverage, and what actions to take in order to gain a competitive advantage.
With Barry Morris, CEO, CapRelo
More than eight in 10 millennial workers in the U.S. are willing to relocate for a job. Faced with such a high demand for mobility from the largest generation in today’s workforce, organizations are faced with new challenges: creating an attractive program, reducing costs, and managing compliance issues.
Here, Barry Morris, CEO of leading global relocation company CapRelo, discusses how HR professionals can overcome these challenges while simultaneously driving broader corporate strategies and cultivating a culture of growth and excellence.
The key? Effective partnerships. By collaborating with a mobility partner, organizations can set themselves up for success in a dynamic global business landscape.
With Karl Zonghi, Executive Vice President of North America, Advantage xPO
Today’s workforce is made up a diverse mix of talent types: full-time employees, contingent workers, consultants, freelancer, SOW, boomerang employees, and more. Karl Zonghi, executive vice president of North America for Advantage xPO, says these pools of individuals have different needs when it comes to the way in which they engage with an employer. A MSP partner plays an important role in both helping organizations find the talent they need and ensuring that the talent has a positive experience—one that encourages the drive to achieve business results and potentially becoming a full time employee. Here, Zonghi explains the keys to a successful MSP partnership.
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