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How Taking 5 to Meditate Can Improve Your Leadership Skills

From the moment the alarm goes off, you’re inundated with distractions. The pull to respond to the notifications on your phone, emails fill your inbox, and requests pile up. Within moments your attention is scattered.

As our lives have become filled with technology, the distractions we face have increased exponentially. With it, our ability to focus has diminished, but our need to think clearly to make complex decisions has not. More than ever, leaders need to train themselves to be fully present.

How can mindfulness meditation help?

Incorporating meditation into daily practice can help reduce stress, improve decision-making, increase focus, enhance creativity, and boost emotional resilience. Avoid burnout and reduce negative thinking.

The fundamental concept underlying meditation is the intentional act of being still. This can prove to be challenging in a society that values busyness, but its benefits have been scientifically proven.

Now it’s more convenient than ever to learn how to meditate on your own. Popular apps such as Headspace, Sattva, Buddhify, Calm, Healthy Minds Program, and the Mindfulness App, help those discover the benefits of this ancient old practice and guide you along the way. Its benefits have also caught the eye of the business world, as companies like Apple, Google, Ford Motor Company, Nike, McKesson, and American Express offer employees training in meditation programs to enhance leadership skills. Cloud computing giant, Salesforce created “mindfulness zones,” or quiet areas, on every floor of its building in San Francisco.

 

According to a National Institute for Occupational Safety and Health report, 75% of Americans believe that workers today have more on-the-job stress than people did a generation ago. Constant anxiety increases the risk of mental and health ailments ranging from mood and sleep disorders to cardiovascular disease to musculoskeletal problems to having a negative impact on your relationships and productivity. The estimated $300 billion each year costs U.S. businesses due to absenteeism, turnover, disabilities, and reduced productivity.

 

David Gelles explains in his book, “Mindful Work,” that a highly stressed employee requires more healthcare spending by the company as compared to a less stressed employee. However, the implementation of mindfulness programs by companies has resulted in decreased healthcare costs.

 

Pause and take a breath.

 

Mindfulness meditation, at its origin, is a style of meditation that involves paying attention to sensations, feelings, and thoughts in a non-judgmental way. Research shows that 15 minutes of mindfulness-based meditation results in more rational thinking when making business decisions.

Leaders who focus on mindfulness at work tend to have happier employees and improved morale, according to the results found in this study. Mind training, of which meditation is one form, can change the composition of your mind. Research by Wisconsin’s Richard Davidson demonstrated a direct correlation between mindfulness and changes in the brain – away from anger and anxiety and toward a sense of

calm and well-being. UCLA’s Mindful Awareness Research Center found meditation can improve executive functions (sustaining attention, diminishing distractibility) better than medication in many cases.

 

What are ways you’re incorporating mindfulness meditation into your business? We’d love to hear what kind of results you are seeing.

 

Latest Report Shows Despite Industry Layoffs, Hiring Rates for Tech Roles Growing Strong

Layoff rates among contingent workers over the past six months rose from 8.3% to 6.9%; however, they appear to be trending downward after reaching a four-year high in the fourth quarter, according to the  Spring 2023 U.S. Labor Market Report released this week by Magnit.

The report highlights the impact of recessionary trends and economic uncertainty on the talent landscape, including changes in employment rates and talent availability.

Despite layoffs in the tech industry, the demand for tech roles across various sectors has increased by 34% as a percentage of total hires, surpassing all other job categories. Organizations across industries rely more on IT and technology to protect and revitalize their businesses, leading to this rise in demand.

Other key takeaways from the report cited by Magnit:

  • The voluntary termination rate dropped by 24%, reaching an all-time low of 12.6% in the first quarter – less than half of what it was during the Great Resignation (29.1%).
  • Worker priorities have shifted, with a nearly 5% increase in focus on company reputation in Q1.
  • While hiring volumes increased by 39% year-over-year in 2021, wage growth turned negative and fell behind the historic growth of inflation. Over the past 12 months, year-over-year wage growth averaged 3.5%, whereas inflation averaged 7.5% among all workers.

Magnit’s report utilizes proprietary algorithms and data from various sources, including hundreds of client programs. With data on hundreds of thousands of workers and over 51,000 unique roles, the report provides insights into talent optimization and recession strategies for organizations.

 

IT Recruitment Trends in 2023

How companies adapt to the (likely continual) uncertain business climate in 2023 will vary. But talent teams must closely monitor recruiting trends as they arise to ensure they’re prepared to meet their org’s headcount and growth needs in the year ahead.

Here are some IT recruitment trends include to watch in 2023:

  1. Retention: Companies of all sizes attempt to retain as much of their workforce as possible amid ongoing economic headwinds. They want to be prepared to pick up their growth efforts on the other side of a potential recession. That is a markedly more difficult goal to realize if they lay off many employees to tread water now and must hire replacement workers mere months from now.

2. Diversity, Equity, and Inclusion (DEI): Companies prioritize DEI in their IT recruitment efforts. They are actively seeking candidates from diverse backgrounds, including women, underrepresented minorities, and individuals with different perspectives and experiences, to promote a more inclusive and diverse workforce in the IT industry. In addition, enhancing DEI initiatives help employers stand out.

3. Upskilling and Reskilling: Given the rapidly evolving nature of technology, employers are increasingly looking for candidates willing to learn and adapt. Upskilling and reskilling programs are being implemented to help IT professionals stay relevant and acquire new skills. Employers are looking for candidates with a growth mindset and a willingness to learn and develop continuously.

4. Bolstering Employer Branding: Companies are focusing on building a strong employer brand to attract top IT talent. This includes showcasing their company culture, values, and benefits and promoting their commitment to employee development and work-life balance. The recruitment actions a company takes continuously reinforce the employee brand.

5. The Great Resignation Return: A joblist report found that one in four professionals who quit their previous job regret their decision. Of those who found a new job after quitting, 42% say that their new job has not lived up to their expectations. This sentiment could lead to more job seekers.

6. Flexible Work Arrangements: Flexible working hours, part-time roles, and job-sharing are becoming more popular in IT recruitment. Employers recognize the importance of work-life balance and offer flexible options to attract and retain top IT talent.

7. Virtual Recruitment Events: Virtual career fairs, online coding challenges, and virtual interviews are becoming more prevalent in IT recruitment. These virtual recruitment events allow employers to connect with candidates from anywhere worldwide, making the hiring process more efficient and inclusive.

8. Data-Driven Recruitment: Data-driven decision-making is becoming a key trend in IT recruitment. Companies leverage data and analytics to identify trends, patterns, and insights to optimize recruitment strategies, improve candidate experience, and make informed hiring decisions.

9. Gig Economy and Freelance Work: The gig economy and freelance work are gaining traction in the IT industry. Employers are increasingly hiring IT professionals on a project basis or as freelancers to meet their immediate needs and tap into specialized skill sets.

Staying updated with these trends can help talent teams, and IT professionals navigate the dynamic landscape of IT recruitment effectively.

Small Business Confidence Surge

Small businesses are heading into 2023 with a significant upswing in industry confidence in the face of headlines centered around layoffs, inflation, supply-chain snarls, and interest rates. It’s the most considerable confidence surge in the past two years.

CEOs still face some challenges but seek opportunities despite the uncertainty, according to the latest WSJ/Vistage Confidence Index. The index posted an 8.7% increase, rising to 84.3 in December, which was the largest month-over-month gain since March 2021.

Key driving factors include:

  • Both customer demand and rising prices drive revenues; 70% of small businesses are planning price increases in the next 12 months.
  • Tempering inflation rates have led profitability anticipations to sweeten.
  • Workforce expansion plans grow as small businesses enter the new year with new goals and budgets.

Hiring challenges has lessened for small businesses over the end of the year – 24% report hiring is more manageable as the talent pool seems to be leveling out according to the report. Yet, as small companies seek to expand their workforce, a sharp examination of salary budgets and needed volume shows having to pay higher wages (more than 80%) for similar roles offered earlier in the year.

Small businesses have an advantage with the added layoffs from big tech. More than ever, more talent is looking for jobs, and it is creating an excellent opportunity for small businesses to attract top talent. Retention still needs to remain a key area of focus, setting a solid foundation from which to maintain and grow personnel, with the quit rate still hovering over 4 million a month.

If you need help sourcing the right talent for your team contact INNOVA People today.

The December WSJ/Vistage Small Business CEO survey was conducted December 5-12, 2022, and gathered 666 responses from CEOs and leaders of small businesses. 

 

How to Give Valuable Feedback in the Workplace

As a leader, giving and receiving feedback is essential to any organization for long-term success. Feedback is an integral part of all the communication required in the day-day operations of a business. Its primary goal is to create positive changes in the workplace by giving individuals detailed suggestions to improve their work habits. It specifically focuses on providing feedback that comes from a place of clear and good intentions.

While giving positive feedback is easy, it’s the constructive kind that can be harder to deliver and challenging to hear, not just when performance reviews come around.

Why is constructive feedback important?

Often, employees, especially those new to the workforce, don’t know what they are doing well and what areas could use improvement. Offering constructive feedback accomplishes two critical tasks:

  • It identifies areas for improvement in the employee’s work performance.
  • It provides suggestions and strategies for improvement.

 

Strategies for giving effective, actionable employee feedback

We’ve compiled some strategies to consider so you can avoid sparking feelings of defensiveness and ensure the recipient knows you are on their team when communicating with coworkers.

Focus on the issue. Fair, constructive criticism should always concentrate on the situation or problem caused by the person rather than focusing on the person’s character. Focus on observations rather than character judgments.

Display empathy. Be sincere with your employee; whether the feedback you’re sharing is positive or constructiveeffective feedback must be earnest. Communicate how you feel if there’s a performance issue, and pay attention to your tone of voice and body language so that the person hears and feels your sincerity. Illustrate that you know they have the skills to improve and that you’re sharing the feedback because you believe in their abilities.

Be clear. Give specific examples, and don’t try to address multiple incidents simultaneously.

Give informal “live” feedback. Ideally, informal feedback should be happening regularly. Employees should have a general understanding of how they perform when they sit down for their performance review. The numbers show that employees find this communication valuable but aren’t getting enough of it.

In a recent survey by PwC, nearly 60% of respondents reported that they would like feedback on a daily or weekly basis, which increased to 72% for employees under the age of 30. While only 30% of respondents said they receive feedback regularly, more than 75% believe feedback is valuable.

Listen. Give space and time to allow your employee to share their feelings and ideas after giving constructive criticism. It may take them a few minutes to process the feedback and formulate a response or question.

Allow them to ask follow-up questions and ways to contribute to the solution.

Recommend a solution. Once the individual has had a chance to respond, offer specific examples of the next steps they can take to solve the matter. Offer to work on a solution together.

Make it clear that you’re on the same team. This is a vulnerable space to be in with somebody else. If you approach employee feedback as a You+ them vs. the issue, it allows for a more collaborative solution. It provides the psychological safety required to create an open environment and paves the way for real change and a thriving workplace.

How to gracefully lead by example in the workplace

Actions speak louder than words.

 

 

 

 

How to Write a Job Description to Attract Top Tech Talent

how to write tech job descriptions

As a Tech Talent Acquisition Agency – we understand the importance of having the right people. Over the decades of hiring great talent, we’ve learned that it starts with attracting great talent. A poorly written job description could lead to the wrong hire, which is costly.

According to the U.S. Department of Labor, the average cost of a bad hire is up to 30% of the employee’s first-year earnings.

The first step to avoiding the wrong hire is to craft an engaging and compelling, inclusive tech job description.

The most promising job description combines some marketing, the reality of the role, necessary skills and competencies, qualifications, and your culture. In addition to your company mission, include any benefits it provides to employees. The goal is to provide enough information for candidates to determine if they’re qualified and entice them to apply.

Just how much weight does the description carry? According to an Indeed survey, 52% of job seekers say the quality of the job description is “very or extremely influential” in their decision to apply.

How To Write an Enticing Tech Job Description

Here’s how to do it:

    1. Job Title

      Utilize industry-standard language and be specific about the role. Avoid internal jargon such as “VI” or weird titles like “DevOps Rockstar” that may confuse or put off the job seeker.

    2. Job Summary

      Keep it engaging and short (one-to-four sentences). It should include a description, primary function, how it contributes to the larger company objectives, and why it’s essential to the company and society.
      For example, try answering the question, “How does this role contribute to making people’s lives better or solve existing business or social problems?” according to a whitepaper from the National Center for Women & Information Technology (NCWIT).
      Using invitational language, like, “Come join a creative team of ____ dedicated to_____,” is remarkably effective.Try not to use a one size fits all boilerplate language – for all the openings at your company. Technical professionals often have different job search criteria than their non-technical counterparts use the language they speak.

    3. Responsibilities and Growth Development

      Outline a detailed and concise bulleted list of the core responsibilities. Like most professionals, technologists care about what they will be working on, how their contribution will impact the company and their potential for advancement.
      Avoid detailing every mundane task.

    4. Skills and Qualifications

      Identify the must-have vs. nice-to-have skills. Here’s why: 63% of candidates in a recent survey said they chose not to apply for a job because they felt like they didn’t know the specific tools or skills listed in the job description.
      Try to emphasize any technologies that will be used that are hot in the marketplace and in demand as a skill. Skilled technologists consider their career marketability when choosing jobs and will favor positions where they can learn a new and valuable trick.

    5. Salary and benefits

      “Competitive salary and benefits,” tells candidates nothing. High-level candidates look for opportunities that meet their salary needs and goals. Stand out from the crowd (only 30% of job listings include salary information) by adding a salary band to your job description to help attract top tech talent.

      Almost 1 in 4 job seekers say that compensation is the most important part of a job description. Highlight your top perks and how your overall package may differ from competitors. Hybrid working option, unlimited PTO, catered lunches, tuition reimbursement, dog-friendly office?

Examples of Tech Job Descriptions

Here are some examples to help you get started.

IT System Support

Principal Full Stack Engineer

Senior Data Engineer

Staff Data Scientist

Still, need help crafting a tech job description? Contact an INNOVA People specialist today to start!