Talent Management Facts #30

July 28, 2013 by Ken Nowack

“42.7 percent of all statistics are made up on the spot.”

Steven Wright

Another addition of leadership and talent management “facts” from all over the world.

Some intuitive and some not….what do you think?

1. A 2012 survey of 3,892 US workers reported that 35 percent of all employees have been bullied at work. The results found that 42% report being falsely accused of mistakes, 39% of being ignored, 36% perceive different standards are applied to them relative to other employees, and 33% perceive they are constantly being criticized.

2. The 2012 American Society for Training and Development State of the Industry Report suggests some new findings:

  • Award winning companies supporting talent training spend, on average, $1,272.00 a year per employee
  • The top three content areas include” 1) managerial and supervisory; 2) profession or industry specific programs; and 3) procedures/business practices.
  • Technology based training accounted for 37.3 percent of formal hours across all learning methods (e.g., webinars, mobile learning, etc.).

3. It pays to be mean. Young men who have agreeable personlities (i.e., cooperative, trusting, and place greater value on interpersonal relationships) earn 20% less than their peers, on average than those who are less tender minded, modest and compliant. The effect is the same for women but the decrease is less severe.

4. Right Management partnered with Tucker International in a recent survey of nearly 2,000 global leaders from 13 countries to identify the six intercultural competencies essential for leading multinational organizations:

  • Adapting Socially – To socialize comfortably with new people in unfamiliar social situations and to demonstrate genuine interest in other people.
  • Demonstrating Creativity – To enjoy new challenges, strive for innovative solutions to social and situational issues and to learn from a variety of sources.
  • Even Disposition – To remain calm, not being critical of oneself and learn from mistakes.
  • Respecting Beliefs – Demonstrate respect for the political and spiritual beliefs of people in other cultures.
  • Instilling Trust – To build and maintain trusting relationships.
  • Navigating Ambiguity – To see through vagueness and uncertainty, not become frustrated, and figure out how things are done in other cultures.

5. Generation X, those who are between the ages of 33 and 50, were perceived to be the most demanding generation among job candidates, according to a survey of 1,533 hiring managers and HR professionals conducted  by SuccessFactors, a provider of employee management software. Generation X are most likely to ask for: 1) Higher pay (36%); 2) Hiring bonuses (29%); and 3) Higher job titles (24%) compared to those the Millennial generation who were most likely to ask for training (40%), job perks (33%), and flexible work hours (23%).

6. Is this part of Level 5 Leadership? According to new personality research by a study by researchers from Duke University’s Fuqua School of Business, 80% of U.S. CEOs are what the researchers label as “very optimistic” people. That compares with only 65% of chief financial officers within the same companies.

7. In a press release posted on PR Newswire, Captivate Network reported that its survey of 670 North American white-collar workers found men to be “consistently happier than women” both in and out of the office. The unhappiest workers are:

  • Female
  • 42 years old
  • Unmarried
  • Have a household income under $100,000
  • Work in a professional position (i.e., as a doctor or a lawyer)

8. The 2012 Aflac WorkForces Report of nearly 1,900 benefits decision-makers and more than 6,100 U.S. workers found that those who were looking for a new job reported being a hard worker (90%), high achiever at work (79%), highly educated (73%) and ambitious to get ahead (64%). About 35% of those survey don’t believe their company has a great reputation and are likely to leave in the next 12 months.

9. In a recent survey conducted by CareerBuilder including 2 000 US employers and almost 4 000 US employees, it was revealed that 58% of managers hadn’t received any form of management training. This finding most likely explains why 26% of these same managers admitted that they weren’t ready to become a leader when they took on these management roles.

Looking at the relationship between these managers and their employees, the survey authors found that managers cited motivating their employees and managing interpersonal conflicts between co-workers as the top challenges that they have to face as leaders in their organization.

10. A 2012 new survey by Harris Interactive on behalf of the jobs site CareerBuilder.com reveals that some U.S. workers don’t even know their CEO’s name, others don’t know what he or she looks like, and almost half have never met the CEO (even at smaller companies). And there’s more. 68% of the 7,780 surveyed employees were not familiar with their company’s finances (e.g., how much their company generates in revenue each year).

Back to research some new talent development facts….Be well….

Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)

Posted in Engagement, Leadership Development, Relate, Selection, Wellness

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