44
Helping Your Workforce Adapt to the New Normal Strategies and Tips for Managers © 2020 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans. Danann Smith Regional Vice President Robert Half

Helping Your Workforce Adapt to the ... - financial executives

  • Upload
    others

  • View
    5

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Helping Your Workforce Adapt to the ... - financial executives

Helping Your Workforce

Adapt to the New NormalStrategies and Tips for Managers

© 2020 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.

Danann SmithRegional Vice President

Robert Half

Page 2: Helping Your Workforce Adapt to the ... - financial executives

• The Hiring Environment

• Managing a Remote Staff

• Hiring and Onboarding Remotely

• Transitioning Back to the Office

• New Practices and Expectations

• Keeping Your Business Moving Forward

TODAY’S AGENDA

Page 3: Helping Your Workforce Adapt to the ... - financial executives

THE HIRING ENVIRONMENT

UNEMPLOYMENT RATE OVER THE PAST 12 MONTHS

Unemployment Rate

Unemployment Rate

for College GradsSource: Bureau of Labor Statistics (BLS)

Page 4: Helping Your Workforce Adapt to the ... - financial executives

1BLS data2College-degreed workers, 25 and older

FEBRUARY

2021

U.S. BUREAU OF LABOR

STATISTICS MONTHLY

JOBS SUMMARY

379,000 6.2% 3.8%

JOBS ADDED1 UNEMPLOYMENT

RATE1

UNEMPLOYMENT

RATE FOR COLLEGE

GRADS2

THE HIRING ENVIRONMENT

Page 5: Helping Your Workforce Adapt to the ... - financial executives

Hiring Trends: Finance

HIRING TRENDS

0.6% Budget analysts

1.6% Financial managers

1.9% Compliance officers

3.0% Loan officers

3.8% Financial analysts

4.0% Bookkeepers

4.4% Accountants and auditors

Page 6: Helping Your Workforce Adapt to the ... - financial executives

MANAGING A REMOTE STAFF

Page 7: Helping Your Workforce Adapt to the ... - financial executives

POLLING QUESTION

What kinds of challenges are you facing as manager with

regards to morale, engagement and productivity of your teams?

A. Keeping employees motivated and engaged.

B. Managing WFH environment: burnout, longer hours, voluntary

resignations, reduced team capacity

C. How to unplug and detach from work

Page 8: Helping Your Workforce Adapt to the ... - financial executives

No amount of COMMUNICATIONis too much.

MANAGING A REMOTE STAFF

Page 9: Helping Your Workforce Adapt to the ... - financial executives

INTERACT

2-3 times more than you would in an office.

MANAGING A REMOTE STAFF

Page 10: Helping Your Workforce Adapt to the ... - financial executives

Make sure your team is ready and able to use VIDEO to communicate.

MANAGING A REMOTE STAFF

Page 11: Helping Your Workforce Adapt to the ... - financial executives

Be a TECH CHAMPION for your team.

MANAGING A REMOTE STAFF

Page 12: Helping Your Workforce Adapt to the ... - financial executives

Be open and AUTHENTIC:

MANAGING A REMOTE STAFF

✓ Be upbeat.

✓ Be honest.

Page 13: Helping Your Workforce Adapt to the ... - financial executives

Lead with EMPATHY.

MANAGING A REMOTE STAFF

Page 14: Helping Your Workforce Adapt to the ... - financial executives

MANAGING A REMOTE STAFF

• Approachable

• Accommodating

• Resilient

• Compassionate

• Supportive

• Inclusive

• Calm

Empathy will be more

important than ever on

the part of leaders.

Page 15: Helping Your Workforce Adapt to the ... - financial executives

Offer generous FLEXIBILITY.

MANAGING A REMOTE STAFF

Page 16: Helping Your Workforce Adapt to the ... - financial executives

But work still needs to get DONE:

MANAGING A REMOTE STAFF

✓ Reprioritize projects as

necessary.

✓ Give every project an owner.

Page 17: Helping Your Workforce Adapt to the ... - financial executives

HIRING REMOTELY

Page 18: Helping Your Workforce Adapt to the ... - financial executives

POLLING QUESTION

What is your biggest concern when it comes to remote hiring?

A. Too many applications

B. Too time consuming

C. Difficult to build rapport like in-person interviews

D. Tough to gauge culture fit during virtual interview process

E. Inability to find skilled candidates via virtual interviews

F. Hiring a remote candidate in a different geography for the first time

Page 19: Helping Your Workforce Adapt to the ... - financial executives

Tap multiple resources to find the RIGHT job candidates:

HIRING REMOTELY

✓ Former employees

✓Current employee referrals

✓Remote interim staff

Page 20: Helping Your Workforce Adapt to the ... - financial executives

The value of SPECIALIZEDstaffing firms:

HIRING REMOTELY

✓Accustomed to

a remote process

✓Pre-evaluated candidates

ready to work from home

✓Secure remote technology

Page 21: Helping Your Workforce Adapt to the ... - financial executives

✓Don’t try to wing it.

✓Prepare your technology.

HIRING REMOTELY

Conducting remote INTERVIEWS

Page 22: Helping Your Workforce Adapt to the ... - financial executives

✓Have a backup plan.

✓Minimize distractions.

HIRING REMOTELY

Conducting remote INTERVIEWS

Page 23: Helping Your Workforce Adapt to the ... - financial executives

✓Evaluate aptitude for remote work:❑ Reasonably tech-savvy

❑ Used to taking the initiative on projects

❑ Good problem solver

❑ Expert communicator

HIRING REMOTELY

Conducting remote INTERVIEWS

Page 24: Helping Your Workforce Adapt to the ... - financial executives

✓Don’t forget to assess fit with your organizational culture.

HIRING REMOTELY

Conducting remote INTERVIEWS

Page 25: Helping Your Workforce Adapt to the ... - financial executives

Conducting remote INTERVIEWS

HIRING REMOTELY

✓Assess their technical setup.

Page 26: Helping Your Workforce Adapt to the ... - financial executives

ONBOARDING REMOTELY

Page 27: Helping Your Workforce Adapt to the ... - financial executives

POLLING QUESTION

Have you had to onboard any staff remotely during the

pandemic?

A. Yes

B. No

Page 28: Helping Your Workforce Adapt to the ... - financial executives

Make sure they’re SET UP before Day One.

ONBOARDING REMOTELY

Page 29: Helping Your Workforce Adapt to the ... - financial executives

Give them an enthusiastic WELCOME.

ONBOARDING REMOTELY

Page 30: Helping Your Workforce Adapt to the ... - financial executives

Give them a go-to CONTACT.

ONBOARDING REMOTELY

Page 31: Helping Your Workforce Adapt to the ... - financial executives

Create an online GUIDE.

ONBOARDING REMOTELY

Page 32: Helping Your Workforce Adapt to the ... - financial executives

Be AVAILABLEto new team members.

ONBOARDING REMOTELY

Page 33: Helping Your Workforce Adapt to the ... - financial executives

TRANSITIONING BACK TO THE OFFICE

Page 34: Helping Your Workforce Adapt to the ... - financial executives

TRANSITIONING BACK TO THE OFFICE

Reopening requires

dramatic changes.

Page 35: Helping Your Workforce Adapt to the ... - financial executives

TRANSITIONING BACK TO THE OFFICE

Every business and individual

should return at a time they

deem appropriate and safe.

Page 36: Helping Your Workforce Adapt to the ... - financial executives

New Practices and Expectations

72% of workers are rethinking shaking hands with business contacts.

72% plan to schedule fewer in-person meetings.

59% are rethinking attending in-person business events.

57% are weighing the necessity of business travel.

Source: Robert Half survey of more than 1,000 workers, 18 years of age or older and normally

employed in office environments in the United States, April 2020

TRANSITIONING BACK TO THE OFFICE

Page 37: Helping Your Workforce Adapt to the ... - financial executives

POLLING QUESTION

What’s the likelihood that your finance team will be working

remotely on a more frequent basis post-pandemic?

A. Much more likely

B. Somewhat more likely

C. Somewhat less likely

D. Not likely at all

Page 38: Helping Your Workforce Adapt to the ... - financial executives

Remote Work Is Here to Stay

74% of employees say they’d like to work remotely more following the pandemic.

Source: Robert Half survey of more than 1,000 workers, 18 years of age or older and normally

employed in office environments in the United States, April 2020

TRANSITIONING BACK TO THE OFFICE

Page 39: Helping Your Workforce Adapt to the ... - financial executives

KEEPING YOUR BUSINESS MOVING FORWARD

Page 40: Helping Your Workforce Adapt to the ... - financial executives

KEEPING YOUR BUSINESS MOVING FORWARD

FlexibilityRemains Essential.

Page 41: Helping Your Workforce Adapt to the ... - financial executives

KEEPING YOUR BUSINESS MOVING FORWARD

✓Continual readjustment

✓Reprioritizing tasks and realigning resources

✓Becoming very good at managing a mix of resources

Agility Is Key, Even Back in the Office:

Page 42: Helping Your Workforce Adapt to the ... - financial executives

KEEPING YOUR BUSINESS MOVING FORWARD

✓ Flexibility and adaptability

✓ Willingness to pitch in anywhere needed

✓ Comfort tackling multiple roles

✓ Resilience

✓ Creativity to solve shifting challenges

✓ Eagerness to learn new technologies

Your Team Will Need

New Soft Skills:

Page 43: Helping Your Workforce Adapt to the ... - financial executives

KEEPING YOUR BUSINESS MOVING FORWARD

✓ Directing the projects of people both in-office and at home

✓ Rearranging and reinforcing staff resources as needed

✓ Closing gaps with the use of interim staff

✓ Focusing on retention

What Will You Be Doing?

Page 44: Helping Your Workforce Adapt to the ... - financial executives

Managing and Hiring a Remote Team

© 2020 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.

Q&ADanann Smith

Regional Vice President

[email protected]