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Employees Value Purpose Over Money with Lorna Borenstein of Grokker
Currently unavailable
Employees Value Purpose Over Money with Lorna Borenstein of Grokker
ratings:
Length:
28 minutes
Released:
Jul 29, 2021
Format:
Podcast episode
Description
Have you ever thought to yourself “If we only could have paid a bit more money, we would have landed the A-player we really needed to hire”?
If so, you would be wrong.
We often assume that money is the main reason for the turn down but in reality, it is our inability to demonstrate how our opportunity brings purpose to the individual. It is no longer a time where good people will sacrifice career satisfaction for a paycheck.
The balance of power has shifted and the mindset has changed. One thing we have learned from the pandemic is that purpose trumps the paycheck for almost everyone worth hiring.
Our guest today: Lorna Borenstein, Founder & CEO of Grokker.
The social health and wellbeing network that helps employees at global enterprises to move more, sleep better, eat more healthily and reduce financial stress. Her new book, It’s Personal: The Business Case for Caring, thoughtfully examines the Human Connection Movement™ in the workplace, which is fueled by a growing desire among employees to feel more connected to one another and as a result, better connected to their jobs.
Lorna’s expertise has been featured in top tier publications including Bloomberg, Fortune, and Entrepreneur. As a sought after speaker and panel moderator at leading industry conferences, Lorna presents on the current state of workplace wellbeing and engagement.
Lorna is a member of Forbes Human Resources Council and a frequent contributing author.
Today we discuss:
The importance of Purpose as today’s main currency
How to unearth purpose in the hiring process & beyond
Challenge today?
Insides match your outside
Create a high performance culture
Connect mission vision & culture
To drive results to not move away from humans but toward it
Cost of not caring is the failure of your business
Creating a safe place to be (psychological safety)
Why is this important to the company?
To keep your people you need to treat them with empathy
Silent revolution (they will just walk out)
People do not want to feel alone (feel like they are part of the tribe)
Companies on the fortune best places outperform the s&p 500 by 2:1
40% of employees report that managers have not asked them how they are doing through the pandemic
Appreciation & interest as a person translates to a 7x increase in innovation
61% of employees will take a lower salary for better benefits
Empathy is the new company sexy
Rick’s Nuggets
If your understanding the person then you are transactional, and deserve to lose
Selling, pitching, focusing on compensation
Understand a person’s career wounds first
“What’s happening in your current role that has you open to hearing about something potentially stronger?”
How do we solve the problem?
State your commitment
I'm committed to you and here's what I am going to do
Living values inside & outside the office
People need to feel safe and valued (psychological safety)
Link their needs what you are going to deliver
Listen & accommodate
Coping accommodation - digging into tactical solutions
Create personal/ family time
Survey on policies and adjust
Provide tools
Digital tools to support healthy lifestyle
On demand on phones
Incentives for programs
Rick’s Nuggets
Structure first!
Build your interview process around your company VALUES
Take advantage of the “discovery call” to build trust
Understand everyone’s pain, desire, & impact
Ensures people will show up for your interview
Key Takeaways -Value:
3 tiered stratification model
What did you sacrifice that may have damaged your culture
What is your competition doing?
Transformational thinking
Guest Links:
Lorna's Book: It’s Personal: The Business Case for Caring, thoughtfully examines the Human Connection Movement™
Lorna Borenstein: LinkedIn Twitter
Company: Grokker Facebook Twitter Instagram YouTube
This show is proudly sponsored by Criteria Crop
If so, you would be wrong.
We often assume that money is the main reason for the turn down but in reality, it is our inability to demonstrate how our opportunity brings purpose to the individual. It is no longer a time where good people will sacrifice career satisfaction for a paycheck.
The balance of power has shifted and the mindset has changed. One thing we have learned from the pandemic is that purpose trumps the paycheck for almost everyone worth hiring.
Our guest today: Lorna Borenstein, Founder & CEO of Grokker.
The social health and wellbeing network that helps employees at global enterprises to move more, sleep better, eat more healthily and reduce financial stress. Her new book, It’s Personal: The Business Case for Caring, thoughtfully examines the Human Connection Movement™ in the workplace, which is fueled by a growing desire among employees to feel more connected to one another and as a result, better connected to their jobs.
Lorna’s expertise has been featured in top tier publications including Bloomberg, Fortune, and Entrepreneur. As a sought after speaker and panel moderator at leading industry conferences, Lorna presents on the current state of workplace wellbeing and engagement.
Lorna is a member of Forbes Human Resources Council and a frequent contributing author.
Today we discuss:
The importance of Purpose as today’s main currency
How to unearth purpose in the hiring process & beyond
Challenge today?
Insides match your outside
Create a high performance culture
Connect mission vision & culture
To drive results to not move away from humans but toward it
Cost of not caring is the failure of your business
Creating a safe place to be (psychological safety)
Why is this important to the company?
To keep your people you need to treat them with empathy
Silent revolution (they will just walk out)
People do not want to feel alone (feel like they are part of the tribe)
Companies on the fortune best places outperform the s&p 500 by 2:1
40% of employees report that managers have not asked them how they are doing through the pandemic
Appreciation & interest as a person translates to a 7x increase in innovation
61% of employees will take a lower salary for better benefits
Empathy is the new company sexy
Rick’s Nuggets
If your understanding the person then you are transactional, and deserve to lose
Selling, pitching, focusing on compensation
Understand a person’s career wounds first
“What’s happening in your current role that has you open to hearing about something potentially stronger?”
How do we solve the problem?
State your commitment
I'm committed to you and here's what I am going to do
Living values inside & outside the office
People need to feel safe and valued (psychological safety)
Link their needs what you are going to deliver
Listen & accommodate
Coping accommodation - digging into tactical solutions
Create personal/ family time
Survey on policies and adjust
Provide tools
Digital tools to support healthy lifestyle
On demand on phones
Incentives for programs
Rick’s Nuggets
Structure first!
Build your interview process around your company VALUES
Take advantage of the “discovery call” to build trust
Understand everyone’s pain, desire, & impact
Ensures people will show up for your interview
Key Takeaways -Value:
3 tiered stratification model
What did you sacrifice that may have damaged your culture
What is your competition doing?
Transformational thinking
Guest Links:
Lorna's Book: It’s Personal: The Business Case for Caring, thoughtfully examines the Human Connection Movement™
Lorna Borenstein: LinkedIn Twitter
Company: Grokker Facebook Twitter Instagram YouTube
This show is proudly sponsored by Criteria Crop
Released:
Jul 29, 2021
Format:
Podcast episode
Titles in the series (15)
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