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October 18, 2023 24 mins

Description: 🎙️ Tune in to our latest podcast episode on MRA's October Talent Report! Discover the insights you need to stay ahead in the dynamic world of business, with a special focus this month on "Building the Generational Bridge." Don't miss out on the latest trends and best practices that will elevate your talent management game!

Resources:

Talent Report+ Webinar Series 

MRA Membership 

About MRA 

Let's Connect:

Guest Bio - Jim Morgan 

Guest LinkedIn Profile - Jim Morgan 

Host Bio - Sophie Boler 

Host LinkedIn Profile - Sophie Boler 

Transcript:

Transcripts are computer generated -- not 100% accurate word-for-word.

00:00:00:00 - 00:00:21:03 Unknown Hello everybody and welcome to 30 minute Thrive, your go to podcast for anything and everything HR, powered by MRA, the Management Association. Looking to stay on top of the ever changing world of HR? MRA has got you covered. We'll be the first to tell you what's hot and what's not. I'm your host, Sophie Boler, and we are so glad you're here.

00:00:21:05 - 00:00:22:21 Unknown Now it's time to thrive.

00:00:23:00 - 00:00:40:14 Unknown Welcome to this episode of 30 Minute Thrive. It is that time again to go over this month's Talent report with Jim Morgan, MRA's vice president of Workforce Strategies. So we'll dive into what he's been seeing this month in the world of business in October. Thanks for coming on the podcast. Always a pleasure to be here.

00:00:40:16 - 00:01:01:02 Unknown All right. So let's go over what you're seeing this month. Women have been coming back to the workforce in high quantity. So what's driving this? What's the deal with this? I think there's a couple of things going on. Obviously, women have always been in the workforce, but I think post-pandemic, what we're starting to see now is women are still the primary childcare provider.

00:01:01:02 - 00:01:18:19 Unknown And so I think they may have been at home more or might have been in a profession that allow them to work from home more. And now everything is sort of leveled out. Again, everybody's trying to figure out, you know, exactly what they're going to do. But right now, we've got women in the workforce or at least looking for a job at 77.8%.

00:01:18:19 - 00:01:40:03 Unknown That's the highest it's ever been in the United States. So that is a as another opportunity, I think, for people, you know, to go find folks. And that totals 815,000 people this year. So in terms of companies that are trying to say, you know, where is the talent? What is going on? We are seeing a little bit of a shift in that women for a whole bunch of different reasons.

00:01:40:03 - 00:02:05:01 Unknown But I think primarily post-pandemic are coming back into the workforce and in larger numbers than they ever have before. So going into your talent thinking section, you highlighted what was found by the PDC Employer Benefits Perspective Survey on companies wanting their health plans to improve the employee experience overall and really meet the needs of diverse employees over four generations.

00:02:05:03 - 00:02:45:03 Unknown So where do these employee concerns really lie within benefits? There are a couple of things that that really stood out. One was this desire for digital health care. And you know, we never did telemedicine until the pandemic and actually found out that that was pretty effective for certain things. There are times when obviously you want to come and see your doctor, but the opportunity to use digital to use that type of technology, whether that's in telemedicine, whether that's apps on our phone, whether that's collecting our own biometrics, I mean, you have wristwatches now that can collect all kinds of different data for us.

00:02:45:05 - 00:03:07:13 Unknown And then having your data available in such a way that it can move from care provider to care provider. And you will see my doctor and then I have to go see a pharmacist and maybe have to see a specialist that it's easy for the employee to say, Here's where my information is, you will get it. So the digitizing of a while that has been a big thing.

00:03:07:15 - 00:03:32:17 Unknown The second one was employers trying to look at what's the clinical value o

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