kgwi 2014 what talent wants - natural resources
DESCRIPTION
Every year, Kelly Services conducts a comprehensive survey of talent issues in many industries the world over. It is one aspect of an aggressive campaign to help the world’s companies understand what attracts, engages and motivates workers. This report is covering our findings about what workers in Natural Resources want.TRANSCRIPT
WANTSNATURAL RESOURCES
WHAT TALENT
2
C O N T E N T S
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2716
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20Natural Resources: what talent wants
6 Address the talent opportunity and you solve the growth problem
Did you know?
Digital access to opportunity: emerging as the key point of competitive differentiation among employers
The next big thing: being in demand
Six ways to give natural resources talent what it wants
Work–life balance: new skills and personal context
Stability and professionalism: defined as engagement in the company’s business strategy
Three ways to give natural resources talent what it wants and your company what it needs
21 Get ready to compete for talent as never before
22 A talent community
23 A variety of data experiences and resources
24 A captivating employment experience, from interview, through on-boarding, to the workplace
Do this: Use cutting-edge
technology to make it easy for
candidates to connect with
the company but develop
personalization features to keep
candidates engaged and to
differentiate your company
from others.
2. The channels for engaging
active and passive job seekers:
Workers peruse general online
job boards and companies’
websites for primary information
about open positions. They use
social media and online talent
communities – not just automated
job listings – to monitor
companies and opportunities
and to decide whether to
pursue employment. They want
comprehensive information about
compensation and benefits, yet
they also want to understand the
Understanding the talent they
have and the talent companies
hope to attract is the foundation
for creating effective strategies
in workforce planning, talent
analytic and talent supply chain
management. It also keeps human
resources human.
Nearly 230,000 workers have
participated in the Kelly Global
Workforce Index™. These surveys
shed light on their priorities
and desires for opportunity,
satisfaction, and growth in the
context of the current business
climate. The 2014 survey delves
into six areas and reveals
actionable conclusions that can
inform and improve corporate
talent strategy.
N AT U R A L R E S O U R C E S : W H AT TA L E N T WA N T S
Every year, Kelly Services conducts a comprehensive survey of talent issues in many industries the world over. It is one aspect of an aggressive campaign to help the world’s companies understand what attracts, engages and motivates workers.
CONTENTS Å
1. The candidate application and
on-boarding experience:
Of respondents who applied for a
new job in 2013, only half express
satisfaction with the application
and on-boarding processes. They
want regular communication
about application status and,
after hiring, they expect more
structure in learning about the
company’s culture and business
model. Improving this experience
will generate both a competitive
edge and goodwill that will serve
companies even when a candidate
is not chosen. For candidates who
become employees, a positive
experience in the first 90 days of
employment is likely to increase
their engagement in their work
and their long-term loyalty to
the company.
company’s work environment –
from philosophy through training.
Do this: Make sure your
company’s online job listings
are dynamic and current, giving
candidates an idea of what it is
like to work in your company;
embed regular messages about
employment and company culture
in social media accounts; and
begin designing a digital talent
community where candidates,
active and passive, can experience
your company firsthand.
3. Career development:
Most workers would rather focus
on acquiring new skills, not
climbing the company’s ladder.
And while career development
conversations may be the
best way to keep employees
connected, companies still have
Make it easy for candidates to connect with the company but develop personalization features to keep candidates engaged
3
6. Employer performance: Three
factors drive employee attraction
and retention: competitive
compensation and benefits, work–
life balance, and opportunities for
career growth. Natural Resources
workers give employers high
marks for work–life balance,
exposure to the latest technology,
diversity, environmental practices,
and meaningful work. Companies
get lower marks for competitive
compensation and internal
opportunities to move into
other positions.
Do this: Devote attention
to flexible employment
arrangements, your
competitiveness in employment
packages, and internal mobility,
ensuring you connect them to
your employment philosophy.
sense of meaning in work. Yet
even happily employed workers,
through unprecedented digital
access and mobility, stay on top
of new job opportunities. Workers
are confident in their worth
whatever their current situation.
Do this: Ensure your
compensation packages are
competitive; build a talent
community that compels self-
assured, skilled workers to watch
your company closely; and use
every digital means available to
give workers a view into your
workplace.
5. Worker preferences:
Non-traditional work styles,
environments and arrangements
are gaining in popularity, and
word travels quickly – around
the globe. Except in the
a long way to go in providing
roadmaps for long-term
opportunities.
Do this: Provide training and
professional development
activities that increase workers’
marketplace value – this will foster
loyalty and support whether
or not a worker is a lifelong
employee, creating a direct
impact on public reputation,
branding and customer relations.
Tie worker-centric training to
company values as a way to
differentiate your company from
competitors.
4. Worker engagement:
Six in 10 workers intend to look
for a new job in 2015. Factors
may include more jobs on the
market, not feeling valued by
their employers, and finding less
Silicon Valley, workers like a
company with a global presence
and longevity – more so than
small companies, startups and
regionally based Fortune 100
or 500 organizations. They
seek environments that deliver
collaboration, flexibility, the latest
technology and equipment, and
matrix operating models. And
they will choose skill development
and work–life balance over higher
pay and climbing the ladder.
Do this: Invest in an array of
work arrangements based on
the preferences of your target
workers. When communicating
with workers, emphasize your
stability, flexibility, and a specific
structure for offering them
development and balance.
Build a talent community that compels self-assured, skilled workers to watch your company closely
4
CONTENTS Å
First, the talent supply
is strained. There are not
enough engineers, in every
discipline, from new graduates
to veteran employees. There
is currently a dip in students
choosing to prepare for STEM
(science, technology, engineering,
and mathematics) careers, and
the retirement phase of the
baby boomer generation is
accelerating. Knowledge
capital is walking out the door,
and the replacements are not
keeping pace.
The number of job opportunities in the Natural Resources sector is growing at an explosive rate, a positive trend in a wobbly global economy. Yet this is actually a problem, because the industry is holding itself back from growth. There are three reasons for this problem, and they are all pretty much about talent.
A D D R E S S T H E TA L E N T O P P O R T U N I T Y A N D Y O U S O LV E T H E G R O W T H P R O B L E M
Second, the talent identification
and acquisition process needs an
update. Industry hiring practices
hark back to the day when
employees were far less transient
and expected to stay with one
company, or in one industry, for
their entire career. The industry
continues to prioritize industry
experience over technical
expertise earned in related
disciplines and industries – to its
disadvantage.
Third, retaining talent is just
as tough as finding the right
people. The most desirable
Natural Resources employees are
open to encountering a variety
of experiences in their careers –
they have the means to explore
new opportunities, and they are
not locked into geography. They
are ready to move for the next
shiny posting, and they seek to be
engaged, not just hired.
Today, workers have educated
themselves about how to find
hiring information and discern
what might be the best
situation for them. This is
a fluid workforce but it’s built
for loyalty and productivity.
It’s incumbent upon employers,
especially in a demanding
industry like Natural Resources,
to create a work experience
that engages employees from
the start and keeps them close,
in a relationship that extends
beyond their departure – even
their retirement.
This year’s Global Workforce
Index results point to four
areas in which the Natural
Resources industry can
emphasize going forward:
• the next big thing,
• stability and professionalism,
• digital access to
opportunities, and
• work-life balance.
5
CONTENTS Å
CONTENTS Å
THE NEXT BIG THING:
BEING IN DEMAND
6
Globally, more Natural Resources workers (56%) feel they are in a position of high demand in the marketplace compared to the global average (53%). The result is an openness to change – in location, in company, and in responsibilities.
• Six in 10 Natural Resources workers (63%) will look for a new position within the next year, on par with the global average. This is more the case among Natural Resources workers in Europe, the Middle East, and Africa (EMEA) (69%) and the Asia-Pacific (APAC) region (65%) than in the Americas (56%).
• Even when they are happy in their jobs, Natural Resources workers are more likely to look
for better job opportunities or evaluate the external job market compared to the global average (50% vs. 47%). Regionally, Natural Resources workers in APAC (59%) and EMEA (56%) are more likely to do so than those in the Americas (42%).
• 19% of Natural Resources workers are prepared to move to another continent for the right job, significantly more than the global average of 14%. This is
more evident in workers in EMEA (23%) and APAC (20%) than those in the Americas (14%).
• 14% of Natural Resources workers are prepared to relocate to another country, significantly more than the global average of 11%. In particular, more APAC workers indicated they are prepared to do this (23% vs. 15% in EMEA and 11% in the Americas).
T H E N E X T B I G T H I N G
ON PAR WITH THE GLOBAL AVERAGE
3% MORE THAN THE GLOBAL AVERAGE
5% MORE THAN THE GLOBAL AVERAGE
3% MORE THAN THE GLOBAL AVERAGE
63% 50% 19% 14%ARE PREPARED TO
MOVE TO RELOCATE TO ANOTHER COUNTRY
ARE PREPARED TO MOVE TO ANOTHER
CONTINENT
ARE LIKELY TO EVALUATE THE JOB MARKET,
EVEN WHEN HAPPY IN THEIR JOBS
WILL LOOK FOR A NEW POSITION WITHIN THE NEXT YEAR
7
CONTENTS Å
It’s the right time for employers to dive under the surface to understand how other factors are driving employees to leave an organization, change their jobs, or switch careers.
• Compensation and lack of
advancement opportunities are
prime factors driving Natural
Resources workers to leave an
organization or change jobs.
Nearly six in 10 Natural Resources
workers (58%) attribute salary
and benefits as reasons they
would leave their jobs. More
workers in the APAC region (63%)
feel that salary and benefits
could cause them to leave their
company than in EMEA (56%) and the Americas (59%).
• About four in 10 Natural Resources workers cite lack of advancement opportunities (43%) as a reason they’d leave their jobs. Significantly more workers in APAC (45%) and in the Americas (44%) cite lack of advancement opportunities as a reason to leave their job, compared to 40% in EMEA.
• In comparison to the global
average, significantly more
Natural Resources workers state
poor staff morale (35%) and
lack of global or international
opportunities (15%) as reasons
they’d leave an organization.
Significantly more Natural
Resources workers in EMEA (41%)
indicate poor staff morale as a
reason to leave a company than
in other regions (32% in APAC
Salary/benefits/
other financial incentives
Training/development
programs
Current management
Flexible work arrangements
Opportunities for
advancement
Commun-ication/
feedback
Stress Corporate values
Outlook for current area of expertise
limited
Work–life balance
Inability to derive sense of meaning from work
Major life-changing
event
Global/international opportunities
Corporate reputation
Staff morale Career opportunities in emerging industries
Skill fit and interest
Corporate culture
Diversity/equal
opportunities
Global average
Natural Resources workers
Natural Resources workers significantly higher than the global average
60%
18%
28%
18%
41%
20%
26%
14% 14%
36%
16%
24%
12% 11%
33%
15%
21%
13%11%
58%
19%
30%
16%
43%
19%
25%
16%14%
37%
17%22%
15%12%
35%
16%
20%15%
11%
Factors that drive workers to leave an organization or change their job or career
T H E N E X T B I G T H I N G
8
CONTENTS Å
and 31% in the Americas). In terms of citing a lack of global or international opportunities as a reason for leaving, this is more prevalent in the APAC region (24% in APAC compared to 13% in the Americas and 15% in EMEA).
STABILITY AND PROFESSIONALISM:
DEFINED AS ENGAGEMENT IN THECOMPANY’S BUSINESS STRATEGY
9
CONTENTS Å
Brand names, global leadership, and size remain important to Natural Resources workers. And their expectations for career satisfaction now include feeling engaged in their companies’ businesses and plans.
• Natural Resources workers are significantly more likely to prefer to work for a global company in comparison to the global average (45% vs. 35%) and prefer to work for an established company with longevity (42%). Far more Natural Resources workers in APAC prefer to work for a global company (71%) compared to those in other regions (44% in EMEA and 38% in the Americas).
• More Natural Resources workers prefer to work for Fortune 100 or 500 companies than the global average (20% vs 16%). Significantly more workers in APAC (33%) and in the Americas (24%) indicate this compared to those in EMEA (12%).
S TA B I L I T Y A N D P R O F E S S I O N A L I S M
10% MORE THAN THE GLOBAL AVERAGE
4% MORE THAN THE GLOBAL AVERAGE
45% 20%PREFER TO WORK
FOR FORTUNE 100/500 COMPANIES
PREFER TO WORK FOR A GLOBAL COMPANY
10
CONTENTS Å
Natural Resources job applicants now expect frequent and relevant communication after they begin the interview process. While they express satisfaction with the typical job application process, they report mounting frustration with the lack of communication during the interview stage.
• Nearly half (49%) of all Natural
Resources workers express
satisfaction with the application
process, in line with the global
average of 50%. More Natural
Resources workers in the Americas
(54%) are satisfied with the overall
application process than those
in EMEA (45%) and APAC (42%).
Further, more Gen Y Natural
Resources workers are satisfied
with the application process (51%)
than other generations (47% of
Gen X and 45% of Baby Boomers).
• Nearly three-quarters (74%)
of Natural Resources workers
who express satisfaction with
the application process do so
because of the ease of submitting
their résumés electronically,
significantly less than the global
average. This is more the case
among Natural Resources workers
in the Americas (80%) than in
EMEA (67%) and APAC (71%).
• About half of all Natural
Resources workers express
satisfaction with the application
process as a result of being
provided with clear job
descriptions (51%) and clear
or regular communication
regarding the application
status (50%), the latter result
Global average
Natural Resources workers
What factors contributed to your satisfaction with the application process?*
S TA B I L I T Y A N D P R O F E S S I O N A L I S M
Easy to apply/submit résumé electronically using various
electronic devices
Clear job description/ requirements
Clear/regular communication or updates regarding status of
application being considered/not considered as potential candidate
Clear/regular communication regarding status following interview
Awareness of pay/salary range
77%
52%
45%
33% 32%
74%
51% 50%
34% 32%
being significantly more than the global average of 45%.
• However, among those Natural Resources workers who expressed dissatisfaction with the application process, the majority express frustration with the lack of clear or regular communication or updates regarding the status of their application (71%), significantly more than the global average of 65%.
11
CONTENTS Å
Natural Resources workers significantly higher than the global averageNatural Resources workers significantly lower than the global average
*Based upon employees who had applied for a new job within the prior year.
Natural Resources workers want to continue attaining new skills so they can take advantage of new career opportunities. They value career development and complete training, whether employer-provided or self-sought.
• Nearly one-third of Natural Resources workers (29%) are satisfied with the career development resources offered by their current employers, on par with the global average (28%). Far more Natural Resources workers in the Americas (34%) and APAC regions (32%) are satisfied with the career resources offered by their employer than in EMEA (22%) .
• Nearly half of all Natural Resources workers (47%) took advantage of employer-provided resources last year, in line with the global average (46%). Significantly more Natural Resources workers in the APAC region (54%) and in the Americas (50%) utilized employer-provided training in the last year than in EMEA (40%).
• Many Natural Resources workers consider skill development so important that they have stepped up to pay for training themselves (32%). While this is consistent among regions (33% in EMEA; 32% in APAC, and 31% in the Americas), significantly more Gen X workers (35%) and Baby Boomers (34%) sought out or paid for training themselves compared to Gen Y (28%).
Global average
Natural Resources workers
Resources used within the last year to prepare for career development opportunities
S TA B I L I T Y A N D P R O F E S S I O N A L I S M
Employer-provided training Training sought out/ paid for myself
Mentoring Career tests Professional career coaching Other
46%
32%
27% 25%
20%
7%
47%
32%
26%23%
19%
7%
12
CONTENTS Å
DIGITAL ACCESS TO OPPORTUNITY:
EMERGING AS THE KEY POINT OF COMPETITIVE DIFFERENTIATION AMONG EMPLOYERS
13
CONTENTS Å
Prospective employees use the multitude of platforms available to them to learn about open positions. These range from social media networks, to online job boards, to networking events, to traditional recruitment firms.
• Most Natural Resources
workers secured their most
recent job through online job
boards (24%), which is in line
with the global average (25%).
The younger generation is
significantly more likely to secure
jobs via online job boards (27%
of Gen Y vs. 24% of Gen X and
21% of Baby Boomers 21%).
• However, significantly more
Natural Resources workers (19%)
secured their most recent position
via recruitment companies or
headhunters than the global
average (14%). Significantly
more Natural Resources workers
in APAC (26%) landed their
most recent job via recruitment
companies or headhunters than in
the Americas (16%) EMEA (19%).
• Other top ways Natural Resources workers secured their most recent job include direct approaches from employer or recruiter (16%), word of mouth (14%), and employee referral (9%), all of which are on par with the global average.
IN LINE WITH THE GLOBAL AVERAGE
5% MORE THAN THE GLOBAL AVERAGE
24% 19%SECURED THEIR MOST RECENT
JOB VIA RECRUITMENT COMPANIES OR HEADHUNTERS
SECURED THEIR MOST RECENT JOB THROUGH ONLINE JOB BOARDS
IN LINE WITH THE GLOBAL AVERAGE
15%SECURED THEIR MOST RECENT JOB THROUGH A DIRECT APPROACH FROM AN EMPLOYER
OR RECRUITER
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CONTENTS ÅD I G I TA L A C C E S S T O O P P O R T U N I T Y
Natural Resources workers want to receive information about projects and positions that fit their skill set. They are interested in becoming members of their employers’ or target companies’ talent communities and social media networks to learn more about the company from current and former employees.
• 70% of Natural Resources
workers use social media websites
as their primary method of
networking, on par with the
global average (71%). Far more
Natural Resources workers in
APAC (76%) and the Americas
(70%) use social media websites
as their primary method of
networking than in EMEA (66%).
• Significantly more Natural
Resources workers search for
jobs via social media than using
traditional methods compared
to the global average (40% vs.
36%). APAC and EMEA workers
are more inclined to do this (54%
and 40% vs. 36% in the Americas).
• The majority of Natural
Resources workers indicate
overwhelming support for, and say
they would like to engage with,
a prospective employer through
periodic contact about work that
fits their skill set (60%). This is on
par with the global average (59%).
Those in the EMEA region are the
most interested in being engaged
this way (63% EMEA versus 60%
Americas and 47% APAC).
• More than one in 10 Natural
Resources workers (12%)
would like to be engaged by a
prospective employer through
participating in a company’s
talent community or social
media network. Regionally,
significantly more APAC workers
(22%) feel these are effective
Global average
Natural Resources workers
Ideal ways to be engaged by a prospective employer
D I G I TA L A C C E S S T O O P P O R T U N I T Y
Receive periodic contact regarding work that fits skill set
Participate in company’s talent community/networking with others
in online talent community
Participate in company’s social media network
Participate in social events/networking opportunities with company employees
Receive updates on company’s financial performance
59%
11% 12% 11%
5%
60%
12% 12%9%
6%
engagement tools, in sharp
contrast to those in EMEA (7%)
and the Americas (14%).
• While Natural Resources
workers’ participation in an
employers’ online talent
communities is in line with
the global average (17%), it is
more popular among Natural
Resources workers in the APAC
region (28%) than in EMEA
(9%) and the Americas (20%).
15
CONTENTS Å
WORK–LIFE BALANCE:
NEW SKILLS AND PERSONAL CONTEXT
16
CONTENTS Å
Natural Resources employees give their employers high marks when it comes to offering a work–life balance. The majority of Natural Resources employees rate their employers highly in the areas of work–life balance, environmentally friendly and responsible practices, opportunities to be involved in interesting work, and competitive compensation or benefits.
• Workers in APAC (69%) and the Americas (68%) are significantly more likely to prefer work–life balance than in EMEA (65%).
• Workers in the Americas (70%) and APAC (65%) are more likely to prefer environmentally friendly and responsible practices than in EMEA (53%).
• Workers in the Americas (63%) are more likely to prefer opportunites to be involved in interesting work than in EMEA (58%) and APAC (57%).
• Natural Resources workers are more likely to prefer competitive compensation and benefits compared to the global average (54%), particularly among those in the Americas (63% vs. 59% in APAC and 56% in EMEA).
• Compared to the global averave, natural Resources workers are more likely to rate their current employers highly in terms of exposure to latest technologies (51% vs. 48%) and non-traditional perks (35% vs. 32%), but less likely to rate them highly for diversity/equal opportunities (59% vs. 62%) and opportunities for community service (40% vs. 43%).
W O R K – L I F E B A L A N C E
IN LINE WITH THE GLOBAL AVERAGE
2% MORE THAN THE GLOBAL AVERAGE
IN LINE WITH THE GLOBAL AVERAGE
6% MORE THAN THE GLOBAL AVERAGE
67% 63% 60% 60%PREFER COMPETITIVE
COMPENSATION/BENEFITSPREFER OPPORTUNITIES
TO BE INVOLVED IN INTERESTING WORK
PREFER ENVIRONMENTALLY FRIENDLY/RESPONSIBLE
PRACTICES
PREFER WORK–LIFE BALANCE
17
CONTENTS Å
Compensation remains a key element of attraction for Natural Resource workers. Yet they also express an interest in work–life balance and opportunities for advancement.
• More than eight in 10 Natural Resources workers (83%) cite salary or benefits and other financial incentives as the main factors in considering a position. Significantly more Natural Resources workers in APAC (88%) and the Americas (86%) feel compensation is a top attraction element than in EMEA (79%).
• More than six in 10 Natural Resources workers say work–life balance (64%) and opportunities for advancement (62%) are key factors. Significantly more APAC Natural Resources workers cite work–life balance (73%) as a top attraction factor than workers in other regions, while workers in the Americas state that opportunities for advancement (66%) are a top attraction factor.
• When looking at significant differences, Natural Resources workers are more likely than the global average to cite corporate culture (37% vs. 34%) and global or international opportunities (29% vs. 24%) as attraction factors. However, they are less likely than other workers to cite the following attributes: flexible work arrangements (37% vs. 42%); communication or feedback from the application process (36% vs. 42%); and diversity or equal opportunities (24% vs. 28%).
Salary/benefits/other financial
incentives
Corporate reputation
Opportunities to work with
knowledgeable colleagues
Global/international opportunities
Work–life balance
Corporate values match
own
Flexible work arrangements
Derive more sense of meaning
from work
Corporate sovereignty/
good will
Opportunities for
advancement
Environmentally friendly/
responsible practices
Corporate culture
Diversity/equal opportunites
Training/development
programs
Exposure to top notch equipment
Commun-ication/
feedback from application
process
Non-traditional perks, athletic
facility, etc
Global average
Natural Resources workers
Factors that drive workers to take one job/position over another
W O R K – L I F E B A L A N C E
• More than half of all Natural Resources workers would give up higher pay and/or career growth or advancement for the opportunity to learn new skills (58%) and greater work–life balance (51%). This is similar to the global average.
18
84%
34%
46%
24%
64%
34%
42%
28%
17%
62%
34%34%28%
58%
29%
42%
24%
83%
35%45%
29%
64%
34%37%
29%
16%
62%
31%
37%
24%
56%
30%36%
23%
CONTENTS Å
Natural Resources workers significantly higher than the global averageNatural Resources workers significantly lower than the global average
Natural Resources workers perceive career growth opportunities when their current employers provide tools for learning new skills and advancing their careers. In line with the global average, three in 10 Natural Resources workers (30%) feel their employers provide them with clear career path options.
• Significantly more Natural Resources workers in the APAC region (40%) than in the Americas (33%) and EMEA (23%) agree that their employer provides clear career path options.
• Significantly more Gen Y (32%) and Gen X (29%) Natural Resources workers agree that their employer provides clear career path options than Baby Boomers (24%).
• On par with the global average, more than one-third of Natural Resources workers (36%) view their employers in a positive light in terms of providing opportunities to grow or advance their careers.
• However, significantly more workers in the APAC region (44%) and in the Americas (40%) state that they have opportunities to grow or advance their careers with their current employers than in EMEA (29%).
• Additionally, significantly more Gen Y (38%) and Gen X (36%) Natural Resources workers state that they have opportunities to grow or advance their careers with their current employers in comparison to Baby Boomers (30%).
5Very clear
career path options
5Strongly agree
1No clear
career path options at all
1Disagree
4 4Don’t know Don’t know3 3Rating of 4 and 5 combined
Rating of 4 and 5 combined
2 2
Global average
Natural Resources workers
13%
19%
23%
17%16%
17%
9% 9%
25% 24%
30%
36%
14% 14%
To what degree do you have clear career path options available with your current employer?
To what degree do you agree or disagree that you have opportunities to grow/advance your career with your current employer?
W O R K – L I F E B A L A N C E
19
14%
20%
23%
17%15% 15%
12% 12%
23% 23%
29%
36%
13% 13%
CONTENTS Å
THREE WAY S TO GIVE:NATURAL RESOURCES TALENT WHAT IT WANTS
AND YOUR COMPANY WHAT IT NEEDS
Competitive advantage in natural resources talent management now depends on
using flexible infrastructure to insulate the company from talent-centric project delays,
budget overruns and slowed production. This includes adopting talent strategies
that attract candidates ready for a new age of performance – strategies that protect
institutional knowledge yet introduce fresh approaches that, having worked in
other industries, can be applied and tailored to the Natural Resources sector.
20
CONTENTS Å
Given Natural Resources workers’
openness to working offshore and
switching jobs as well as careers,
there is a very real possibility
that the gap between open
positions and available talent will
broaden significantly. A flexible
talent infrastructure will help to
mitigate the time and money
spent sourcing new employees,
attracting good workers and
inviting lifelong connections
to the company beyond actual
employment. While talent
strategies in Natural Resources
should remain orchestrated
around timing, cost, quality, and
availability, they should adjust for
five micro areas that have a macro
impact on talent management.
G E T R E A D Y T O C O M P E T E F O R TA L E N T A S N E V E R B E F O R E
From 2010 to 2020, 1 million new jobs in the STEM disciplines will land on the market – an increase of 16.8 percent in the United States alone.
1. Technology and technical
expertise: Understand what is
unique to the industry, company,
and task – and what can be
benchmarked and used from
other industries.
2. Reach: Just as workers consider
the world their oyster, employers
can use digitally based platforms
to find the right workers.
3. Workforce dynamics: Decide
what needs to be performed by
full-time employees, temporary
workers, and outsourced teams.
4. Facilities: Look at space less
as a constraint and more as a
guideline for making decisions
about remote workers.
5. Knowledge capital: Beyond
intellectual property, knowledge
capital is what workers know.
Once ephemeral, now there
are tools for capturing it as well
as one that can keep it close
after workers depart: the talent
community.
The 2014 Kelly Global Workforce
Index™ reports that Natural
Resources workers know they
have options, and, while they still
value many traditional corporate
strengths, workers are motivated
by jobs that deliver more than
financial compensation.
To attract talent, Natural
Resources companies should do
three things: move beyond digital
recruiting and build a talent
community; give new recruits and
existing employees a variety of
data experiences and resources;
and deliver a captivating
employment experience, from
interview, through on-boarding, to
the workplace.
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Natural Resources workers who participate in online talent communities most frequently like to do so because they can access job opportunities and learn more about the company. This trend is taking hold. Among Natural Resources workers who have not joined a talent community, 40 percent say they are now interested.
• While most Natural Resources workers like to access job opportunities via online talent communities (68%), the amount is significantly less than the global average (72%). Significantly more Natural Resources workers in the Americas like to access job opportunities via online talent communities (74%) than in EMEA and APAC (63% and 58%, respectively).
• While approximately four in 10
(41%) Natural Resources workers
like participating in online talent
communities to learn more
about a given company, Natural
Resources workers in the APAC
region are significantly more likely
to indicate this those in other
regions (48% in APAC vs. 43% in
EMEA and 38% in the Americas).
• 37% of Natural Resources
workers like to participate in
online talent communities to
gauge what the company culture
is like from current and former
employees. Significantly fewer
Natural Resources workers in
EMEA (31%) state this than in
the Americas and APAC (37%
and 41%, respectively).
• Natural Resources workers in
APAC and EMEA are significantly
more likely to enjoy having access
to trusted industry information
What workers like best about participating in an online talent community*
A TA L E N T C O M M U N I T Y
(29% in APAC and 28% in EMEA vs. 21% in the Americas), while Gen Y Natural Resources workers are significantly more likely to enjoy having access to trusted career information or tips (35% of Gen Y vs. 29% of Gen X and 27% of Baby Boomers).
• Among Natural Resources workers who do not have experience participating in an online talent community, 40% say they are interested.
Global average
Natural Resources workers
Access to job opportunities Learning more about a given company
Learning what it is like to work for a given company from
current and former employees
Access to relevant skill development information
Access to trusted career information/tips
Access to trusted industry information
72%
43%
36% 35%32%
23%
68%
41%37% 35%
31%
25%
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Natural Resources workers significantly lower than the global average
* 17% of Natural Resources workers have experience participating in an online talent community; 83% do not have experience.
Among the various job board types available, most workers prefer general job boards, such as CareerBuilder or Monster in the United States. Nearly eight in 10 (77%) Natural Resources workers and global workers (76%) prefer this method. Although Natural Resources workers frequently use job boards and company websites, they also use recruiting agencies at a rate that outpaces their counterparts in other industries.
• This is less so among Natural Resources workers in the Americas region (69% in the Americas vs. 84% in EMEA and 80% in APAC) and those that are part of the Baby Boomer generation (72% of Baby Boomers vs. 78% of Gen X and 79% of Gen Y).
• One-third of Natural Resources workers prefer company-specific job boards and aggregator job boards such as Indeed or SimplyHired (34%) when
job searching, in line with
the 33% global average.
• Natural Resources workers in
the Americas are significantly
more likely to indicate a
preference for company-specific
job boards (37% vs. 31% in
EMEA and 33% in APAC).
• Natural Resources workers in
the EMEA region are significantly
more likely to use aggregator
job boards (38% vs. 34% in the
Americas and 11% in APAC).
• While only two in 10 Natural Resources workers (20%) prefer niche or association-specific job boards, they are significantly more likely to indicate this than the global average (14%).
• This holds particularly true among Natural Resources workers in the APAC region (25% in APAC vs. 21% in EMEA and 18% in the Americas.
What types of online job boards are most preferred for job searching or evaluating the market?
A VA R I E T Y O F D ATA E X P E R I E N C E S A N D R E S O U R C E S
Global average
Natural Resources workers
General job boards, i.e. CareerBuilder or Monster*
Company-specific job boards Aggregator job boards, i.e. Indeed or SimplyHired*
Niche/association-specific job boards, i.e. IT, science etc.
76%
33% 33%
14%
77%
34% 33%
20%
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Natural Resources workers significantly higher than the global average
*Note that names of online job boards vary by country, with the ones depicted here representing those in the U.S.
Just as candidates are using multiple platforms to secure a job, hiring organizations must take advantage of these resources to attract the right talent. The majority of Natural Resources workers undertake some form of on-boarding once hired, and this experience appears to help them form a positive impression of the company. This value-adding practice could be influential for those employees deciding whether to stay or go during the first 90 days.
• More than half (54%) of all Natural Resources workers say their employers have a planned on-boarding approach, on par with the global average (55%). Significantly more Natural Resources workers in APAC (65%) and the Americas (47%) say their companies have a planned approach for assimilation than those in EMEA (47%).
• More than eight in 10 (82%) Natural Resources workers feel their experience during the first 90 days positively affected their impression of the company. Forty-six percent of Natural Resources workers feel their experience definitely made a favorable impression, on par with the 45% global average. Further, significantly more Natural
Resources workers in the Americas (50%) and APAC (48%) feel their experience during the first 90 days definitely had a positive impact than those in EMEA (42%).
Did you current employer have a planned approach to assimilate you into the organization once hired and/or placed?*
Did your experience during first 90 days of employment with your current employer positively affect your impression of the company?*
A C A P T I VAT I N G E M P L O Y M E N T E X P E R I E N C E , F R O M I N T E R V I E W, T H R O U G H O N - B O A R D I N G , T O T H E W O R K P L A C E
Global average
Natural Resources workers
Yes, definitelyYes Yes, somewhatNo No
55%
45%
54%
46% 45%
35%
20%
46%
36%
18%
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CONTENTS Å
*Based upon workers who had applied for a new job within the prior year.
Employers who invest in integrating myriad workplace approaches may have the most success in attracting and retaining talent. Natural Resources workers prefer a highly collaborative environment and flexible work schedules, but it is clear that they also want to use cutting-edge technology to get the job done.
• More than any other characteristic, Natural Resources workers prefer to collaborate with their peers. Significantly more Natural Resources workers (61%) feel the ideal workplace provides a highly collaborative environment compared to the global average (57%). Far more Natural Resources workers in APAC (66%) feel this is an ideal work environment compared to 61% in EMEA and 59% in the Americas.
• Natural Resources workers also
desire flexible work arrangements,
such as remote options or
flexible work schedules. Nearly
half of these workers (49%)
feel this is ideal; however,
this is significantly fewer than
the global average (54%).
• Technology, innovation, and
creativity are considered ideal
work environment features by
Natural Resources workers, with
four in 10 indicating exposure
to the latest technologies and top-notch equipment (44%) and a culture of innovation (40%) as desired features. Significantly more Natural Resources workers in the Americas (50%) and APAC (46%) indicate that exposure to the latest technologies is a desired feature than in EMEA (37%). Significantly more Natural Resources workers in EMEA (43%) and APAC (41%) are likely to desire a culture of innovation and creativity in the Americas (38%).
• Natural Resources workers are significantly less likely than the global average to view the traditional 9–5 work arrangement as an ideal work environment feature (25% vs. 32%). Notably, fewer Natural Resources workers in APAC view the traditional 9–5 work arrangement as ideal than in other regions (15% in APAC vs. 30% in the Americas and 23% in EMEA).
Highly collaborative environment and
cross-functional teams
Traditional work arrangements,
9–5 schedule for all
Virtual teamsFlexible work arrangements,
such as remote work options and flexible
schedules/hours
Competitive, where the rewards and
risks are high
Matrixed organization structure
Exposure to the latest technologies and top equipment
Highly individualized work with limited
teamwork and limited opportunites
to collaborate
Rapid pace with constant change
Culture of innovation and
creativity where status quo is challenged
Traditional hierarchial organization structure
Global average
Natural Resources workers57%
32%
37%
54%
21%
29%
44%
18%
32%
39%
27%
61%
38%
49%
22%
16%
30%
44%
25%
30%
40%
28%
Ideal work environment features
A C A P T I VAT I N G E M P L O Y M E N T E X P E R I E N C E , F R O M I N T E R V I E W, T H R O U G H O N - B O A R D I N G , T O T H E W O R K P L A C E
25
CONTENTS Å
Natural Resources workers significantly higher than the global averageNatural Resources workers significantly lower than the global average
• More than half of all Natural
Resources workers would give
up higher pay and/or career
growth or advancement for the
opportunity to learn new skills
(58%) and greater work–life
balance (51%). This is similar
to the global average.
• Six in 10 Natural Resources
workers (63%) will look for a new
position within the next year,
on par with the global average.
This is more the case among
Natural Resources workers in
EMEA (69%) and APAC (65%)
than in the Americas (56%).
• Even when happy in their
jobs, Natural Resources workers
are more likely to look for better
job opportunities or evaluate
D I D Y O U K N O W ?
the external job market than the
global average (50% vs. 47%).
Regionally, Natural Resources
workers in APAC (59%) and EMEA
(56%) are more likely than those
in the Americas (42%) to do so.
• Significantly more Natural
Resources workers (56%) feel
they are in a position of high
demand in the marketplace
than the 53% global average.
More workers in the Americas
(62%) and APAC (61%) indicated
this than in EMEA (49%).
• Natural Resources workers are
significantly more likely to prefer
to work for a global company
than the global average (45%
vs. 35%) and prefer to work
for an established company
with longevity (42%). Far more
Natural Resources workers in
APAC prefer to work for a global
company (71%) compared to
those in other regions (44% in
EMEA and 38% in the Americas).
• More Natural Resources
workers (20%) prefer to work for
Fortune 100 or 500 companies
than the 16% global average.
Significantly more workers in
APAC (33%) and the Americas
(24%) indicated this compared to
their counterparts in EMEA (12%).
• 19% of Natural Resources
workers would be prepared to
move to another continent for
the right job, significantly more
than the global average of 14%.
This is more evident within
EMEA (23%) and APAC (20%)
compared to the Americas (14%).
• 14% of Natural Resources
workers would be prepared to
relocate to another country,
significantly more than the global
average of 11%. In particular,
more APAC workers (23%)
indicated they are prepared to
do this than their counterparts
in other regions (15% in EMEA
and 11% in the Americas).
• 70% of Natural Resources
workers use social media
websites as the primary method
of networking, on par with the
71% global average. Far more
Natural Resources workers in
APAC (76%) and the Americas
(70%) use social media websites
as the primary networking method
than those in EMEA (66%).
• Significantly more Natural
Resources workers are more
inclined to search for jobs via
social media than using traditional
methods compared to the global
average (40% vs. 36%). APAC
and EMEA workers are more
inclined to do this (54% and
40% vs. 36% in the Americas).
26
CONTENTS Å
As complex as competing for
high-quality performers has
become, workers can be met on
their terms without sacrificing your
organization’s core values and
practices. Here are six things you
can do to relate to the workforce
dynamically and with satisfying
results. At the same time, you will
add definition and character to
your workplace.
1. Deliver an exceptional
application and on-boarding
experience. Make your company
irresistible by personalizing the
hiring process through both
technology and well-prepared
staff. Emphasize engagement
and the factors that differentiate
your company from others in
your industry.
S I X WAY S T O G I V E N AT U R A L R E S O U R C E S TA L E N T W H AT I T WA N T S
2. Participate in every possible
digital channel and be mobile-
friendly. The rise of social media
and user-centric digital design
have raised workers’ expectations
for better and more up-to-date
company information. Figure out
where your employees and hiring
targets spend their digital time,
and make an effort to relate to
them there. Most importantly,
create a talent community that
lives online yet is completely
representative of your workplace.
Give workers a reason to pay
attention to what you do and
inspire them to join you.
3. Personalize the career path.
Workers clearly see themselves
as valuable in terms of the skills
they possess and new practices
they can learn. Spend strategic
time identifiying the things your
company can do to nurture
every worker’s professional
development. This cultivates
loyalty and strengthens your
company’s culture. It also ensures
that your workforce is at the top
of its game and ready to share the
message that your company is a
good place to work.
4. Fight to make your workplace
remarkable. Employees expect
competitive pay packages and
transparent employment policies.
By emphasizing these two areas
alone, your company will attract
appropriate attention and build a
positive image organically. Word
gets around.
5. Determine how you can
please your workers. Learn about
your workforce’s preferences,
not just its needs. Think about
how you can provide a stable yet
flexible work environment that
blends challenge and opportunity.
Show them how this environment
will help them grow and develop.
6. Develop your persona as
an employer. Articulate all
the qualities that define your
company’s approach to producing
and serving your market. Be ready
to define how you are different
from others in your industry and
how you got to be that way.
Give employees and candidates
a reason to connect with your
employment philosophy.
The 2014 Kelly Global Workforce Index™ reveals that workers fully expect to connect with employers – and potential employers – across a variety of channels and in real time.
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28Kelly Global Workforce Index™ EXIT
An Equal Opportunity Employer © 2014 Kelly Services
kellyservices.com
ABOUT KELLY SERVICES®
Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions.
Kelly® offers a comprehensive array of outsourcing and consulting services, as well as
world-class staffing on a temporary, temporary-to-hire, and direct-hire basis. Serving clients
around the globe, Kelly provided employment to approximately 540,000 employees in 2013.
Revenue in 2013 was $5.4 billion. Visit kellyservices.com and connect with us on Facebook,
LinkedIn, and Twitter. Download The Talent Project, a free iPad® app by Kelly Services.
ABOUT THE KELLY GLOBAL WORKFORCE INDEX
The Kelly Global Workforce Index (KGWI) is an annual global survey revealing opinions
about work and the workplace. Approximately 230,000 people across the Americas,
EMEA), APAC regions responded to the survey. The survey was conducted online by
RDA Group on behalf of Kelly Services.
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