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The Electric Slide – AI’s Already Big Impact on Recruiting (And How It’s Not Replacing Us Anytime Soon)

The Electric Slide – AI’s Already Big Impact on Recruiting (And How It’s Not Replacing Us Anytime Soon)

By Nick Swetye

Machine learning and AI-driven data analysis aren’t new, but since ChatGPT went live to the public in late November of 2022, chatbots have certainly captured the collective imagination. Its creators and advocates promise it will open countless undiscovered doors and revolutionize not only the workplace but all of human civilization – an invention as big as language itself! And as an early adopter, I have often felt as though I have been handling the fires of Prometheus.
In our industry, Executive Search firms and HR departments across the globe have been hungry to make extensive use of chatbots and AI tools, streamline workflows, increase volume, reduce costs, and drive profits. New candidate and prospective client sourcing tools, automated outreach, even promises of the Holy Grail of chatbot-driven-prescreening of candidates – all are already developed and in use, and all in just the last 12 months.

The catch – quality is not necessarily guaranteed. Daily workshops on your choice of platform can be joined by video conference where you can hear the prophecies of the coming Age of Aquarius where none of us will have to do the things in the workplace that are hard, the things that are time-consuming, the things that are messy – if only you’ll subscribe to our new service.

The idea of candidates using AI to write cover letters while recruiters use AI to screen them isn’t new mirrors the horrors in education, where students are using AI to write research papers while overworked teachers are pressured to turn to it for grading. Terrifying enough, and now coupled with the very real possibility of candidates using AI voicebots to respond to initial job interview calls conducted themselves by AI – it’s all simply the stuff of nightmares.

At Reneris, I feel fortunate enough to be working with passionate, dedicated, and mission-focused leaders across the country for whom the personal touch is central to the experience they expect and the outcomes they need. While every Executive Search firm prides itself on building relationships, Reneris feels ahead of the curve, and the clients and candidates I speak with remind me daily that we aren’t like other recruiters they’ve met. It’s a badge of honor in many ways and the primary driver of our success.

In the end, our clients don’t care how we use AI, just as long as it doesn’t impact their experience. They want the best possible candidate for a critical and complex role. This is likely to be someone not on the job market, someone who doesn’t hop from job to job, someone in the midst of making a lasting impact on the organization where they are currently working but also motivated by something to make a change. The clients don’t care if or how we use AI as long as they get the right person in the end.
Who does care? Our candidates.

The number of times a candidate has ended a conversation with us and remarked how good it felt to be really heard, not just spoken to or asked to start by filling out an online form, is a metric we should probably track because it is painfully frequent. Building trust and transparency is the key to good recruiting and that takes time, intention, and a solid dose of humanity. It takes frequent friendly contact, subtle vetting for the proper motivations for change, a lot of active listening and thoughtful preparation, some left-brained analysis weighed against right-brained instinct and no small amount of persistence.

AI is definitely going to replace a lot of recruiters, but thankfully, not the good ones. And I hope you’ll tune in again in future newsletters where we explore what it takes to attract great candidates, how to prepare for a difficult search, and much, much more.

Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

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Why Career Mapping is a Key Strategy for Evaluating Your Next Role

Why Career Mapping is a Key Strategy for Evaluating Your Next Role

At Reneris, we speak with highly skilled candidates on a regular basis who are seeking to make a career change. Our goal is to help them find the next rewarding role that not only makes use of their qualifications and skills but one that is also meaningful to them. We guide them to be intentional and strategic when thinking about their next career move. Many are just ready to make a job change, while others, know where they want to be in five to ten years but aren’t sure how to get there. In the quickly evolving employment market, it is beneficial for anyone who is seeking to make a change to think about their mid- to long-term career goals and to map out a plan to achieve them. 

Career mapping is a strategic technique that can assist you in planning and visualizing your career progression. Mapping out your career goals, identifying the abilities and proficiency needed to reach them, and crafting a plan to close any gaps, can help you move in the right direction. Career mapping is a tool that can help you identify the skills you need and the roles that can assist you in closing the gap. This exercise allows you to identify roles that will give you the experience you need to get you closer to your ultimate career goals one step at a time. 

What Career Mapping Can Do For You 

  1. Help you set clear career goals: It is challenging to choose your direction in life without specific goals. 
  2. Help you identify your strengths and weaknesses: A successful profession depends on your ability to recognize your strengths and weaknesses.
  3. Help you develop new skills: After determining the abilities required to meet your professional objectives, you can design a plan to gain or enhance those skills.
  4. Assist your career progression: You can determine the positions and experiences that will help you get closer to your long-term professional objectives. 
  5. Help you to better assess your performance: By outlining your professional objectives and the measures required to reach them, you can assess your performance and make any necessary corrections.   

Why You Should Use Career Mapping 

  1. To develop a rewarding career: Having a clear plan to reach your ultimate career goals will help ensure that you are headed in the right direction, even if you make some side steps along the way to build the skills you need. 
  2. To remain current in your industry: You can remain ahead of the curve by determining the knowledge and expertise you need to have to be competitive in your next role. 
  3. To raise your earning potential: You can demand a higher salary by acquiring the in-demand experiences and skills needed to stay relevant in your sector. 
  4. To make wise professional decisions: By making sure you are always heading in the proper direction, you will still be able to make necessary adjustments to your career plan along the way. 

        Career Mapping in Practice 

      1. Make a list of 5 – 10 respected leaders in your field: and examine the career paths each has taken to reach their current role, one that you would characterize as “an awesome leadership position” – one that you would love to see yourself in when you are at the top of your career (or at least on your way there). Are there any patterns or observations you can gain from this exercise that will give you some new ideas as you contemplate your next step? Perhaps there are roles and organizations you may want to explore further that you have not considered yet.   
      1. Six-degrees outreach: Identify 6 mentors you have had throughout your work. These could be supervisors, other leaders in organizations where you have worked, professors, colleagues who looked out for you when you were new, thought leaders in your space, and peers who have gone on to do interesting work. Make a plan to reach out to them and let them know you are at a crossroads and that you want to be thoughtful about the next step in your career. Ask them to share some insight into choices they made in their careers – where they might have made intentional and strategic decisions about the next roles they took. Invite them to share where they could see you taking your career based on their perceptions of your strengths and ability to make an impact. These insights from professionals you respect for their choices and insights can help guide you as you map out the next steps in your career.

      In summary, career mapping is an exercise that may help you discover important information about your professional trajectory and allow you to determine if you are headed in the right direction. This approach will, at the very least, assist you in identifying where you may need to make adjustments that will put you on a more intentional path to achieving your career goals. Remember that long-term professional success and fulfillment depend on you taking the time to assess your progress and make wise decisions. 

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

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      Unlocking Your Potential: The Power of Transferable Skills in Any Industry

      Unlocking Your Potential: The Power of Transferable Skills in Any Industry

      As a seasoned professional with years of experience under your belt, you’ve likely honed a set of professional skills customized to your specific industry. However, there’s a whole realm of skills—known as transferable skills—that can benefit you regardless of the job or industry you’re in. These skills, also called portable skills, are resourceful competencies that can be applied across various jobs, industries, and contexts, making them invaluable assets in today’s dynamic job market.

      Why Transferable Skills Matter

      Transferable skills such as communication, problem-solving, leadership, and project management are not limited to job titles or industries. They exemplify core abilities that are universally valued and essential for success in diverse work environments. Employers highly value these skills as they increase workplace efficiency, drive organizational growth, and enhance team collaboration.

      Navigating Career Transitions

      One of the significant rewards of transferable skills is their role in simplifying career changes. Transitioning to a new field can be overwhelming, particularly without relevant experience. However, transferable skills bridge this gap by showcasing your flexibility, quick learning capabilities, and ability to excel in new environments. Employers acknowledge the value of these soft skills, making them critical for career changers and job seekers aiming to stand out.

      Top Transferable Skills

      Here are some key transferable skills that can elevate your career prospects:

      1. Communication: Fosters collaboration, enhances client relations, and ensures clarity across teams.

      2. Leadership: Motivates teams, drives projects to success, and builds a productive work culture.

      3. Problem-Solving: Critical for addressing challenges, finding ground-breaking solutions, and driving progress.

      4. Teamwork: Crucial to achieving collective goals and maximizing individual inputs.

      5. Adaptability: The ability to adjust to change, embrace new technologies, and innovate is key in today’s dynamic workplaces.

      6. Analytical Skills: Enables professionals to dissect complex situations, identify patterns, and make informed decisions.

      7. Creativity: Encourages innovation, fosters out-of-the-box thinking, and drives strategic initiatives.

      8. Decision-Making: Effective decision-makers lead teams, overcome obstacles, and ensure project success.

      9. Digital Savvy: Proficiency in digital tools and platforms is critical for modern-day professionals.

      10. Empathy: Understanding others’ perspectives nurtures positive relationships, and effective leadership, and heightens teamwork.

      11. Time Management: Strategic prioritization, goal setting, and efficient resource allowance are key for meeting deadlines and sustaining work-life balance.

      12. Project Management: Expertise in planning, coordination, and execution guarantees successful project delivery.

      13. Conflict Resolution: Managing conflicts constructively upholds a harmonious work environment and strengthens team dynamics.

      14. Critical Thinking: Essential for making informed decisions and solving complex problems.

      15. Interpersonal Skills: Increase team performance, client satisfaction, and overall job efficiency.

      16. Attention to Detail: Meticulous execution and accuracy are crucial for roles that require precision and quality.

      In today’s competitive job market, focusing on transferable skills is critical to your career success. Whether you are aiming for a career change or seeking new opportunities, underlining your transferable skills can make a significant difference in how employers perceive your value and potential. Embrace these skills, nurture them, and observe as they open doors to diverse career paths and growth opportunities.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

      Crafting Your Path: The Reneris Top 8 Steps to Direct Your Job Search

      Crafting Your Path: The Reneris Top 8 Steps to Direct Your Job Search

      In today’s competitive job market, directing your own job search is not just a necessity but a process to artfully master. To navigate this process successfully, here are the key strategies we recommend that you follow to conduct your job search to help you succeed in finding your next role.

      1. Think Strategically about Your Career Goals

      a. Assess where you want to be in 5-10 years and the skills required to get you there.

      b. Find the jobs that will help you develop those skills.

      c. Structure your resume to highlight transferable skills during career changes.

      d. Emphasize both transferable skills and relevant work experience when identifying the right next role.

      2. Tailor your Resume for Targeted Impact

      a. Utilize easy-to-read, atractive resume formats.

      b. Highlight achievements over responsibilities.

      c. Focus on relevant work experience for the desired position.

      d. Include practical experiences showcasing key skills application.

      3. Identify Target Job Opportunities

      a. Explore niche job boards aligned with your industry or sector.

      b. Create a list of target organizations and check their careers pages.

      c. Connect with search firms specializing in your desired sector.

      4. Apply a Targeted Approach to Your Search

      a. Apply to positions aligning with both your interests and qualifications.

      b. Dedicate regular time to your job search, aiming for quality over quantity.

      c. Proactively network with colleagues, mentors, and industry professionals.

      5. Research Organizations and Positions

      a. Dedicate time to researching companies and the specific role you are applying for.

      b. Tailor your application, cover letter, and interview preparation based on your findings.

      6. Write a Compelling Cover Letter

      a. Craft a unique cover letter for each application.

      b. Clearly communicate your skills, top accomplishments, career change openness, and passion for the organization.

      7. Prepare Thoroughly for Interviews

      a. Research the organization, interview team, and recent announcements.

      b. Prepare questions demonstrating your interest in the role and company.

      c. Evaluate the interview as a two-way process, assessing culture and fit.

      8. Closing the Interview

      a. Express gratitude for the interviewers’ time.

      b. Reiterate why you are the ideal candidate.

      c. Convey enthusiasm and excitement about the potential role and company.

      In Summary:

      a. Dedicate consistent time to your job search.

      b. Utilize diverse sources beyond online job boards.

      c. Handpick roles aligning with your skills and long-term goals.

      d. Leverage networking, research, and a targeted approach for success in the competitive job market.

      By following these comprehensive steps, you can navigate your job search with intention, increasing your chances of landing the role that aligns perfectly with your career aspirations matching cultural fit, and setting roots for a successful career path.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

      Bright Horizons: Exploring Opportunities for the Affordable Housing Industry in the USA in 2024

      Bright Horizons: Exploring Opportunities for the Affordable Housing Industry in the USA in 2024

      The landscape of affordable housing in the United States has always been a topic of keen interest, with 2024 poised to bring new dynamics to the forefront. As we embark on a new year, the affordable housing industry in the United States is on the precipice of transformative opportunities that hold the potential to reshape how we confront housing challenges.

      In 2024, several factors will contribute to a landscape rich with potential for growth, innovation, and increased accessibility in the affordable housing sector. Let’s dive into the promising opportunities that await industry stakeholders.

      1. Public-Private Partnerships (PPPs):

      One of the significant opportunities lies in the expansion of public-private partnerships (PPPs). Coordinated efforts between government entities and private developers can unlock funding, streamline processes, and expedite affordable housing projects. By aligning shared goals, these partnerships have the potential to catalyze large-scale developments, addressing the growing demand for affordable homes.

      2. Innovative Financing Models and Incentives:

      The financial landscape for affordable housing is evolving, with new financing models and incentives gaining prominence. Innovations in financing, such as impact investing and community development funds, can infuse much-needed capital into projects. Forecasts suggest that tax incentives and grants will play a critical role in empowering developers to invest in affordable housing initiatives, fostering a conducive climate for growth.

      3. Technology-Driven Integration:

      The addition of technology offers a golden opportunity for the affordable housing industry. From adopting cutting-edge construction methods to leveraging data analytics for market insights, technology can streamline processes and reduce costs. Smart home arrangements, energy-efficient designs, and digital platforms for property management are ready to upgrade the quality of affordable housing while making it more attractive and sustainable.

      4. Focus on Sustainable and Inclusive Communities:

      The shift towards creating sustainable and inclusive communities is an exciting prospect in 2024. Developers have the opportunity to go beyond building affordable homes by integrating green spaces, community amenities, and social infrastructure. This strategy not only improves quality of life but also helps neighborhoods develop holistically, fostering a sense of community and well-being.

      5. Government Initiatives and Policy Support:

      Government initiatives and policy reforms can act as catalysts for growth in the affordable housing sector. In 2024, stakeholders should closely monitor and engage with policies that encourage affordable housing development. Continued support through grants, subsidies, and streamlined regulatory processes can build an environment that can be beneficial to sustainable growth.

      6. Addressing Housing Disparities:

      2024 provides a renewed opportunity to address housing disparities and promote fair access to affordable homes. Developers and policymakers can work collaboratively to identify areas with the highest need, ensuring that affordable housing projects are strategically located to assist diverse communities. This approach contributes not exclusively to housing accessibility but also to encouraging financial and social equality.

      As the affordable housing industry in the US stands at the threshold of a new year, the landscape is overflowing with open doors ready to be seized. By embracing innovative financing models, leveraging technology, fostering partnerships, and prioritizing sustainability and inclusivity, stakeholders can contribute to a brighter future for the affordable housing sector.

      In 2024, the industry has the chance to make significant strides toward addressing housing challenges, making a positive impact on communities and redefining how we approach affordable housing in the United States.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

      Beyond Placements: How Executive Search Firms Set the Stage for Success in Talent Acquisition

      Beyond Placements: How Executive Search Firms Set the Stage for Success in Talent Acquisition

      Hiring is hard and so is finding senior talent at the VP, SVP, Director, and C-suite level for any company. Because of this, there is a need for executive search firms that specialize in finding these types of leaders for small, medium, and large organizations. In a recent study, a researcher from Forbes spoke with over 25 executive search firms, founders, VPs of talent, COOs, and other leaders at small and big companies. The research aimed to understand why hiring executives is harder than ever and what factors are causing this issue. According to the study, executive recruiting used to be a 20%-80% rule, which meant that 20% of the candidates were A+ players and 80% were not the best talent. That has changed, and now it is a 93%-7% rule.

      Moreover, the new world of flexibility has worsened the challenge of hiring C-level talent. Most C-level executives have now the luxury of deciding where they want to work. They do not want a standard package; they are not attracted to a full-time office type of role. Thus, successful recruiting is about reinventing the C-level role and what it looks like. Executives are more interested in a portfolio career rather than working in one place for a while. Equity is also a very motivating factor, people are willing to take a pay cut for more quality time with family, for instance, the bigger picture is now extremely important. Some people do not care about the purpose of the job as are just focused on paying bills but some others are, however, the study suggests that C-level executives would like to add value with their unique talents.

      In the dynamic landscape of talent acquisition, the role of executive search firms extends far beyond merely placing candidates in open positions. Today, successful talent acquisition requires a strategic partnership that goes beyond the transactional. This article enquires into how executive search firms play a decisive part in setting the stage for success in talent acquisition.

      1. Strategic Alignment with Organizational Goals

      Executive search firms understand that true success in talent acquisition is associated with aligning the search process with the organization´s broader goals. By working closely with clients to grasp their long-term vision, cultural values, and strategic objectives, executive search firms ensure that the candidates they present not only meet the position´s immediate needs but also contribute to the overall success and organization´s growth.

      2. Expertise in Industry Dynamics

      The best executive search firms do not just possess general recruitment knowledge but are industry experts. Staying abreast of industry trends, market dynamics, and emerging technologies allows them to identify candidates with the particular skills and knowledge required to navigate the challenges and opportunities within a specific sector.

      3. Proactive Talent Engagement

      Beyond reacting to job openings, executive search firms engage in proactive talent mapping and relationship building. This proactive approach involves identifying and cultivating relationships with high-potential candidates even before a specific role is open. This strategic talent pool allows for quicker, more efficient placements when the need arises, contributing to reduced time-to-fill and ensuring a seamless integration into the organizational culture. Many times, executive search firms have had circumstances where a candidate did not work out for a certain role or took another offer, and then a year or more later, an opportunity came up for a C-level position and the firm reached out and it ended up being the right match.

      4. Comprehensive Candidate Assessment

      Executive search firms employ rigorous assessment methodologies to evaluate potential candidates thoroughly. This includes in-depth interviews, psychometric testing, and comprehensive reference checks. By providing clients with a holistic understanding of a candidate’s skills, experience, and cultural fit, executive search firms enhance the likelihood of a successful placement that goes beyond meeting technical requirements.

      5. Long-Term Relationship Building

      The most successful executive search firms prioritize building long-term relationships with clients and candidates. Building a longer-term relationship is a fantastic tactic to ensure that someone is a good fit. Executive search firms prefer leaders who are problem solvers and can motivate and inspire their teams. To find this kind of leader is necessary to forge relationships rooted in a shared purpose, and together, create opportunities to make that purpose a reality. This extends beyond the placement, focusing on post-placement support, onboarding assistance, and ongoing relationship management. This commitment to sustained engagement positions executive search firms as partners invested in the enduring success of their clients.

      Overall, in the contemporary site of talent acquisition, executive search firms are not just matchmakers but architects of success. By aligning with organizational goals, staying industry-savvy, engaging in proactive talent strategies, conducting comprehensive assessments, and fostering long-term relationships, executive search firms set the stage for success that goes beyond placements. In essence, they become strategic partners in the growth and prosperity of organizations, contributing to the development of high-performing teams that drive sustained success in the current competitive business environment.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

      Top Trends That Will Shape Work in 2024 and Beyond

      Top Trends That Will Shape Work in 2024 and Beyond

      The world of work is constantly evolving, and as we head into 2024 and beyond, we can expect to see several significant trends that will reshape the way we work and do business. These trends are driven by technological advancements, changing demographics, and a growing emphasis on sustainability and well-being. In this article, we’ll explore some of the key trends that are set to shape the future of work.

      1. Remote and Hybrid Work Models: Remote work has become a standard practice for many industries, and it’s here to stay. In 2024, we can expect to see even more organizations embracing remote and hybrid work models. Technology has made it possible for employees to work from anywhere, and companies are recognizing the benefits of increased flexibility, access to a wider talent pool, and reduced overhead costs.

      Remote working was a need for many during the Covid-19 pandemic. Today and beyond, more employees and employers may choose it because of the benefits it brings to work/life balance, to be more productive by turning commuting time into working hours, or to foster a more globalized and decentralized labor force. In 2024, more will choose a hybrid working model, merging the cooperative and cultural benefits of face-to-face co-working with the flexibility of remote working.

      2. Automation and AI Integration: Automation and artificial intelligence will continue to change how we work. While there are concerns about job displacement, the focus will shift towards the integration of AI as a tool to enhance human productivity. In this sense, it will be of vital importance to learn and optimize the use of AI in the workplace. Many believe that AI will not replace jobs, but rather people who can use AI will replace those who cannot. Automation will handle routine tasks, allowing employees to focus on creative problem-solving, innovation, and higher-level decision-making as AI tools are progressing to the point of offering solutions to increase efficiency in almost any task or line of work.

      3. Gig Economy Expansion: The gig economy is booming, and it’s expected to expand even further. More workers are embracing freelance, contract, and part-time opportunities, and businesses are increasingly turning to gig workers for specialized skills. This trend will require organizations to adapt their employment models, focusing on agile staffing solutions.

      4. Emphasis on Well-being: Employee well-being is taking center stage in the workplace. Companies are recognizing the importance of creating environments that support physical and mental health. Well-being programs, flexible schedules, and mindfulness initiatives will become the norm to attract and retain talent. Organizations today are starting to understand the significance of making sure that workers are satisfied beyond remuneration. This emphasizes more work/life balance, well-being, and personal and professional growth. In 2024, if employers are not aligned with this, it will become easier for employees to find others who will. The same reasoning applies to clients/consumers, if companies do not find strategies to exceed their expectations, as is already happening, they will easily find others that will.

      5. Sustainable Practices: Sustainability will be a defining feature of work in the coming years. It is imperative to understand the importance of reducing the impact of our actions on the planet by reconsidering several characteristics of our working lives. Companies will be under increasing pressure to adopt eco-friendly practices, reduce their carbon footprint, and align their business goals with sustainability objectives. A commitment to environmental responsibility will be a key driver of consumer and employee loyalty.

      6. Tailored Learning and Development (L+D): With rapidly changing job requirements, ongoing learning and skill development will be crucial. Organizations will invest in personalized learning platforms that allow employees to acquire new skills and knowledge at their own pace. Continuous learning will become an integral part of the work experience. Nowadays, education will be ongoing and will provide us with skills for life. In contrast, businesses will entail workforces to participate in ongoing training to keep skills up-to-date or reskill in new technologies, especially those concerning data and AI. An assorted series of opportunities mainly focused on online learning will be available for anyone wanting to take the initiative and constantly learn more.

      7. Diversity, Equity, and Inclusion (DEI) : Diversity, equity, and inclusion will continue to be a top priority for organizations. Companies will be held accountable for creating diverse and inclusive workplaces, not only as a matter of social responsibility but also for the value it brings in terms of innovation and creativity. According to Forbes, there will be a change in workplace demographics as populations are aging, international migration is rising, workers’ skills are being boosted, and organizations are much more aware of the value that diversity and inclusion bring to any workforce. The tolerance for anachronisms such as the gender pay gap will drop, and aspects like age, race, or level of education will be less of a barrier to progression. Those who can adapt to these changes will have lots of opportunities.

      As we look ahead to 2024 and beyond, these trends will play a pivotal role in shaping the future of work. Adaptability and a forward-thinking approach will be crucial for individuals and organizations to thrive in this dynamic background. Embracing remote work, AI, gig economy opportunities, well-being, sustainability, learning, and DEI will not only define the workplace of the future but also contribute to a more dynamic and fulfilling work experience for all.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

      Beyond Perks: The Real Secret to Attracting and Retaining Top Talent

      Beyond Perks: The Real Secret to Attracting and Retaining Top Talent

      In the relentless pursuit of success, organizations often find themselves in fierce competition for top talent. Businesses are in a constant battle to attract, retain, and foster the best and the brightest. Many organizations invest heavily in attractive remuneration packages, fancy office spaces, flashy benefits, and trendy perks, but while these are certainly important aspects of talent management, they only scratch the surface of what truly draws and keeps outstanding individuals within your organization, the real secret to attracting and retaining top talent often lies in something less tangible: the company’s culture and values.

      Creating a Purpose-Driven Culture: Research shows that high-performers crave more than just a job; they seek a purpose, a sense of meaning, and a shared mission. Companies that articulate their values and mission genuinely are more likely to resonate with top talent. When individuals can connect their daily work to a greater purpose, it becomes intrinsically rewarding. They are more engaged and committed when they know they’re contributing to something meaningful.

      The Power of Inclusivity: Diversity and inclusion are not just catchwords; they are critical factors in attracting and retaining top talent. Exceptional employees value environments where their unique standpoints are welcomed and respected. To retain top talent, organizations should foster a culture that promotes diversity of beliefs and backgrounds. It’s not just about hiring a diverse workforce; it’s about creating an inclusive space where every voice is heard and valued.

      Opportunities for Growth: High-caliber employees are often driven by a thirst for personal and professional growth. Offering opportunities for skill development, training, and progression is critical. Mentorship programs and a clear career progression plan can work wonders. When individuals see a path for growth within your organization, they are more likely to stay and invest in their future with you.

      Recognition and Appreciation: Recognition and appreciation go a long way in retaining top talent. Acknowledging the hard work and accomplishments of your employees can be a game-changer. A simple ‘thank you,’ public recognition or even small tokens of appreciation can boost morale and foster a sense of belonging. It’s not just about reward; it’s about feeling valued.

      Flexibility and Work-Life Balance: Organizations that offer flexible work arrangements, remote options, or adaptable schedules tend to attract and retain top talent. It is key to recognize that employees have lives beyond work and honor their need for balance.

      Trust and Autonomy: Micromanagement can drive top talent away. Outstanding individuals thrive when given trust and autonomy in their tasks. Allow them to take ownership of their work, make decisions, and innovate. Trust empowers, and empowered employees contribute more to the organization’s success.

      Continuous Feedback and Improvement: Regular feedback is crucial. Conduct performance reviews that are constructive and forward-looking. High performers crave the opportunity to learn and grow. Use feedback sessions to set clear goals and provide guidance on how to achieve them.

      Attracting and retaining top talent isn’t solely about flashy perks or high salaries. It’s about fostering an environment where individuals feel connected to a larger purpose, valued for their uniqueness, and supported in their growth. The real secret lies in creating a workplace that goes beyond substantial benefits and resonates with the intrinsic desires of unique individuals.

      If you’re looking to attract and retain top talent, remember that the key is to invest in your employees as your most valuable asset. When your company culture aligns with their values and aspirations, you’ll find that the best talent not only joins but also thrives and stays committed to your organization’s success. Talent is drawn to organizations that not only promise a rewarding job but also a fulfilling journey.

      Are you ready to embrace the real secret to attracting and retaining top talent?

      Choose to lead with purpose, inclusivity, and genuine care, and you’ll find that the best talent will choose to stay with you.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

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      Redefining Work: The Global Shift Towards a Four-Day Workweek

      Redefining Work: The Global Shift Towards a Four-Day Workweek

      In an era marked by rapid technological advancements and evolving societal norms, the traditional five-day workweek is facing growing scrutiny. Around the world, discussions are taking place about the possibility of transitioning to a more flexible four-day workweek. This article delves into the global movement advocating for this change, with a focus on its implications for the United States. We will set the context for bringing the four-day workweek concept and will navigate through some statistics and research on the topic from the employees’ perspectives to experts’ opinions about its progress and future ahead.

      How the Concept Started

      The concept of a four-day workweek first arose in the 70s, but the idea of working fewer hours while keeping the same salary remained an implausible wish for most workers for decades. However, after the pandemic, the increase of remote work, and the economy’s performance challenged the nine-to-five workday. Currently, hundreds of businesses around the U.S., Canada, Australia, UAE, and Europe among others, are slowly turning this into a reality for their employees.

      Mostly from 2020, numerous companies around the world have tested the shorter workweek, with the United Kingdom being the country with the world’s major trial. Since then, several organizations in other countries – including the United States—have decided not to return to their usual five-day workweek. 

      Sadly, while this idea is now more widespread and progressing in developed countries, there is still a lot to go for undeveloped such as those in LATAM where it seems there is not much empathy about work-life balance for employees. For instance, in Colombia, until mid-2023 the workweek was 48 hours, and now there is a law in place to progressively reduce it by one hour per week to 42 hours by 2026. Nonetheless, 42 is very far from what is being discussed in more progressive countries around the world.

      The Global Context 

      Nations across the globe are experimenting with alternatives to the traditional workweek structure. Countries like Iceland have successfully implemented shorter workweeks, demonstrating improved employee satisfaction, reduced stress, and maintained or increased productivity. Spain, New Zealand, and Japan have also explored related concepts, with some businesses reporting boosted employee morale and enhanced work-life balance.

      To set the context, the five-day workweek has been part of the labor law in the US for almost 100 years since Henry Ford standardized it in 1926. From this point onwards, there have been many intents of officializing a law that regulates the four-day workweek but although it has been discussed in several states across the country, it has not been approved or officialized yet. All progress made in this matter has been due to companies that have willingly implemented the changes.

      In spite of this, workers who experienced a four-day workweek have stated they would never return to five days unless there was a significant salary increase. The non-profit organization 4 Day Week Global (4WDG), in partnership with researchers at Cambridge University, Boston College, and University College Dublin, led an initiative to run a six-month pilot, which ran for most companies from April through October 2022, and was based on a model that works on a 100-80-100 (workers receive 100% of their pay for 80% of the time and maintain 100% productivity).

      The two pilots which were based on six-month trials and included more than 900 workers across 33 businesses in the U.S. and Ireland, tried this model, and none of them expressed their intention to go back to a five-day model. This has been the world’s largest testing to assess the shortened workweek so far. In addition to many other progressive impacts, this study showed that self-reported levels of performance went up while burnout and fatigue went down.

      According to TIME, 2023 is the year in which the four-day workweek has become a reality, for several reasons: 

      1.It’s undeniably good for employees

      When working just four days a week, having an extra day off can be an opportunity to spend more time with family and friends, to practice sports or a hobby, or to do anything employees enjoy. This can make them feel happier and will ultimately affect their job performance positively. This contributes to work-life balance and to better mental and physical health. 

      2.It’s good for business

      An extra day off, and a shorter work week can be a powerful factor to attract talent. High employee motivation and increased employee productivity will have a positive impact on the companies.

      3.Governments are paying attention

      Although many countries are still lagging in advancing to a four-day workweek as a norm in all organizations, progress has been made in some European countries. In Iceland, trials first started from 2015 to 2019 to reduce the workweek from 40 to 35 or 36 hours without reducing the salary for 2,500 workers. This initiative proved to be so successful that once the results were advertised, associations began advocating for a more widespread adoption. This led to a change in 2021 where 86% of the country’s workers had either reduced their workweek or had the right to do so. In 2019 the municipality of Odsherred in Denmark switched its 300 public employees to a Monday-Thursday schedule (without reducing their total hours overall), and in 2022, the UAE cut their workweek for public employees to 4.5 days.

      Notwithstanding, significant changes are yet to be implemented, for instance, a bill before the California state legislature that required companies with over 500 employees to pay overtime after 32 hours a week was hindered and has not been taken up again since. On the other hand, while a reform that guarantees the right of employees to appeal for a four-day workweek came into effect in Belgium in 2022, that measure only reduces the workweek rather than the number of total hours that remain the same.

      4.There’s no going back

      Even without wider legislation needed to make the shift worldwide, the number of organizations and governments willing to try a four-day workweek is rising. The idea of making the switch is not as unfamiliar as it used to be. From trials made by 4DWG in 2022, 93% said they would either continue with the four-day week or were planning to, even though they had not made a final decision, but none said they would not implement it at all. 

      The US Perspective: The challenges of implementing a four-day workweek

      In the US, where the usual five-day workweek has long been the norm, the discussion around a four-day workweek is gaining traction. While many Americans still adhere to the 40-hour workweek, the arrival of remote work and changing attitudes towards work-life balance have flickered interest in exploring unconventional arrangements. However, the prospect of altering a deeply ingrained work culture brings forth a range of viewpoints.

      Life is changing and so are the expectations and working lifestyle. According to the Hill, more than half of US employers are now ready to try a four-day workweek. A poll of 976 business leaders by ResumeBuilder.com and the job-seekers website, found that 20% of employers already have a four-day workweek while another 41% said they plan to put into practice a four-day workweek, at least temporarily.

      If a four-day week becomes the norm, it would mark the foremost change to the US work schedule since the five-day workweek was adopted by Henry Ford in 1926. However, it cannot be said that this would be the deepest change in the American workplace. This distinction perhaps belongs to remote work, a movement that arose during the COVID-19 pandemic and shows no signs of dwindling. But there remain conflicting ideas as to whether the shorter workweek will provide enough time for workers to perform and finish the same tasks they would complete in the longer work week, and whether the salary should remain the same or should be reduced. 

      Studies have found that many workers consider other benefits over payment to remain in the workplace. Some may leave a company for another that offers a significant increase in salary for the same number of hours. This could be a disadvantage for smaller companies that might not be in a position to match the salary leading them to find other strategies to retain talent. One of the strategies can be a reduction in the working time while keeping the same salary (a 32-hour/four-day workweek with no reduction in salary). This is something that many workers would prefer rather than switching to another company just for more money.

      The debate about a four-day workweek hinges on whether the policy implies a decrease in hours or a conventional 40-hour week condensed to fewer days. In this sense, companies are adopting different positions. The debate leans on whether a workday should be 4 days a week working 10 hours a day or keeping the same 8 hours a day, thus working only 32 hours a week. For many people, working 10 hours per day could result in added stress and less productivity. Nevertheless, it seems that companies are trying out both approaches and figuring out the best.

      Even though experts have declared that equal work can be performed in the shorter week mostly due to higher levels of productivity, they also state that the prospect of federal legislation protecting a four-day workweek standard is extremely implausible in the US, let alone in other countries. Some others have expressed the opposite, arguing that there is momentum in the market as more companies are implementing it pressing the government to act but all is still uncertain.

      Currently, the majority of companies in the US still operate on a five-day workweek, but some activists are pushing through pilots for a 32-hour, four-day workweek without cutting salaries. A Washington Post-Ipsos poll conducted in spring this year shows that 75% of workers would prefer working 10 hours for 4 days versus 8 hours for 5. Similarly, 73% say they would rather work five days a week at full-time pay than four days for less pay, a sign that shows that most workers are unwilling to sacrifice income for a shorter workweek, the bets are split.

      The world is changing and so are the lifestyles of employees and employers in every corner of the planet. As the world evolves, so must our approach to work. The idea of a four-day workweek challenges established norms offering the potential for enhanced productivity, employee satisfaction, and work-life balance. While the shift is not without its challenges, the global movement towards shorter workweeks signals a growing recognition that the way we work deserves a closer examination. The US stands at a crossroads, poised to embrace change and redefine the workweek for a new era.

      Now, it is possible to work from home regardless of where a business is located further allowing people from different nationalities, languages, and cultures to work together. More and more, the world has become smaller and the work should be based and measured on results and not on the time spent to achieve those goals. The aim is to become more efficient and work fewer hours so that employees can have more time to spend with family or undertake other activities for leisure, entertainment, or learning development. There is still a long way to go, but it seems that we are advancing and the time to make a change is here.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

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      Building Bridges: What an Executive Search Firm Can Do and What Candidates Seek

      Building Bridges: What an Executive Search Firm Can Do and What Candidates Seek

      As you probably know by now, an executive search firm specializes in identifying highly qualified candidates in executive and/or senior leadership-level positions for organizations in the public, private, and non-profit sectors. These firms are also experts in specific industries which allows them to have a market niche of clients seeking high-caliber candidates.

      When executive and/or senior leadership-level candidates work with search firms, they typically have certain expectations and seek specific benefits from the experience.These candidates are looking for a partner who can help them navigate the job market and provide them with guidance and support throughout the job search process.

      A lot has been researched and written regarding the kind of candidates that an executive search firm looks for to successfully fulfill vacancies from their clients. However, little has been said about what highly qualified candidates look for when deciding to work with a search firm to climb the ladder in their careers.

      Thus, wouldn´t it be interesting to dig deep and find out what executives and/or senior leadership-level individuals are looking to achieve when working with search firms?

      Based on research and considering certain testimonials we gathered at Reneris from some of our candidates, candidates working with search firms, look for:

      1. Access to exclusive job opportunities: Candidates expect search firms to have access to a wide range of job opportunities that may not be publicly advertised. These exclusive opportunities often include senior-level executive positions and specialized roles, providing candidates with a chance to explore high-level career prospects they might not find through traditional job search channels. Shawnta´ Duckworth, Director of Enrollment Management at The Lillian and Betty Ratner Montessori School in Cleveland Ohio shared, “I believe if it wasn’t for Reneris I would have not even known about the job. They give their all in helping find an exceptional opportunity”.

      2. Industry expertise and insights: Candidates might seek out search firms that specialize in their industry or field to get expert guidance on their job search. They may want to get advice on their resume or help prepare for interviews and expect the search consultants to possess in-depth knowledge about the industry, current trends, and the hiring landscape. This expertise helps candidates gain a better understanding of the job market enabling them to make informed decisions about their career paths. Andrea Osgood, Chief Real Estate Development Officer with Eden Housing based in Hayward, CA shares the value she sees working with a firm that has industry knowledge. “Reneris and Dominique have specialized in our unique industry so she is able to lean into a wealth of contacts to widen the search and find great candidates”.

      3. Personalized career guidance: Search firms often provide personalized career coaching guidance to candidates. This may include resume reviews, interview preparation, and advice on how to position oneself as a strong candidate for specific roles. Candidates value this support to enhance their chances of success during the hiring process. “Nick established a close rapport with me right away and provided the support I needed to successfully get the job. He did not treat me as one more applicant. He always kept me informed on the steps and status of the process. Nick guided me through the process. His leadership helped get the career opportunity” shares Mauricio Cordova, who was hired by Episcopal Community Services of San Francisco as their first Chief Operating Officer in January 2023. Shawnta´ Duckworth summarized her overall experience, “I appreciated the personal touch. I felt like Reneris knew me personally. The before-interview prep helps get the nervousness out”.

      4. Candidate advocacy: Successful search firms invest in their candidates´ success and act as advocates throughout the hiring process. They represent candidates to potential employers, highlighting their strengths and aligning their skills and experiences with the needs of the hiring organizations. Jennifer Ingram, who was hired by MidPen Housing based in Foster City, CA as their first SVP of Equity & Inclusion, was attracted to the opportunity for leadership and impact and uprooted her family from Cincinnati to the Bay Area. “I had a great experience working with Dominique. She was communicative, thoughtful, and supportive every step of the way. She provided relevant insight and took the time to understand the aspects that were most important to me. She advocated on my behalf and offered candid feedback. Even onboarding she checked in on me and ensured all was well”.

      5. Improved job fit: Candidates expect that working with a search firm will lead to a better job and cultural fit with a company and opportunities that align with their skills, experience, and career goals. Ryan Cassidy, who had been commuting since the pandemic from Northern California to his job in New York, was open to exploring opportunities in his new adopted hometown. “Even though Reneris was hired by the employer, I felt like they also had my interest in mind. The even-handed/fairness of the process was good. I came to trust Dominique’s opinion and saw that she wanted to make a good match. This was definitely the right place for me, I can’t imagine a better fit”. He found his perfect fit as Vice President of Real Estate with Mutual Housing California based in Sacramento.

      Furthermore, Cynthia Alvarez, who was also on the lookout for a leadership role in affordable housing, confided in our firm her hopes and desires for her next role, and the type of work environment in which she could thrive. “Reneris, in helping place me at Christian Church Homes, were true partners and put me at ease throughout the process and made sure I had relevant information throughout. As recruiters, they carry their work with integrity, professionalism and are supportive throughout. Dominique spent time getting to know me to understand my priorities and values and ensure alignment. She worked to ensured a good fit with CCH. Am thrilled to be at CCH and work in such a caring organization. I am grateful to Dominique and the team at Reneris and am glad they occupy the recruitment space in our affordable housing world”. Cynthia accepted a position with Christian Church Homes to be their first Chief Operating Officer in June.

      6. Time efficiency and Managing stress: Job searching can be time-consuming, specially for candidates seeking leadership roles. By partnering with search firms, candidates expect to save time as the firms handle the initial screening and match candidates to suitable job openings, streamlining the job search process and thus also relieving candidates from the stress caused by the whole recruiting process. Abby Westbrook, who worked remotely for a nonprofit in another state when she and her husband decided to move home to be closer to family, was looking for someone to guide her through her job search as she managed full-time employment and was taking care of a young family and new home. Today, she is the Executive Director of Social Venture Partners in Cleveland, a role that has allowed her to make a considerable professional impact in the community while maintaining work-life balance. “I was recruited by Dominique and her tam for a nonprofit leadership role in Cleveland. Dominique was a dream to work with, she is honest, transparent, and communicative throughout the whole process. She made what can be a stressful experience much more easeful and is truly committed to fostering a mutually good fit”

      7. Networking expansion opportunities: Search firms often have established relationships with companies and can provide candidates with networking opportunities that they may not have access to on their own. Working with search firms can expose candidates to a broader network of potential employers and industry contacts. This expanded network can be valuable for building long-term career opportunities.

      8. Negotiation support: Candidates might seek out search firms for help with salary negotiations and benefits packages. Search firms can act as intermediaries between candidates and employers, helping to ensure that both parties reach a mutually beneficial agreement.

      9. Long-term relationship building: Candidates who have a positive experience with a search firm may establish long-term relationships. This could lead to future career opportunities as search firms continue to consider them for suitable roles throughout their careers.

      10. Confidentiality and privacy: Candidates want their personal and professional information to be treated with the utmost confidentiality. Working with search firms safeguards a higher level of privacy compared to publicly applying for jobs, especially for candidates employed and looking to make a discreet job transition.

      Overall, candidates´ experiences may vary based on the specific search firm they work with and the quality of the services provided. A reputable and experienced search firm is more likely to meet candidates´ expectations and deliver a positive experience throughout the job search process.

      Please feel free to contact us at Reneris if you are looking for a change in your career.

      Reneris is a specialized executive search and management consulting firm that provides professional services to clients seeking a high-caliber consultative partner. We have successfully placed candidates in leadership positions in the Real Estate (Hospitality, Multi-Family Housing, Senior Living) and Non-Profit sectors.

      Please contact us to learn how Reneris can help you attract executive-level talent for your leadership team.

      Contact Us


      info@reneris.us

      Continue reading

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