There were many interesting industry updates this week in the global mobility, HR tech and talent management world. From most influential cities in the world, EMMA Award shortlist announcements, a feature on Millennials in the New York Times and recruitment trends, please see below for this week’s picks of what MOVE Guides is reading!
The Expatriate Management and Mobility (EMMA) Awards announced their final list of shortlisted companies that exhibit global mobility excellence in EMEA. This was that final announcement in three regional categories before their America regional category winners are announced in September. MOVE Guides was honored to be nominated for two EMMAs this year in all three locations.
“Dedicated to celebrating excellence in global mobility worldwide, the 2014 series of EMMAs will take place in three glamorous international settings to recognize and reward the determination and successes of those at the forefront of our industry.”
Forbes Magazine recently announced their list of the most influential cities in the world, reporting London as their number one pick, with New York, Paris, Tokyo and Singapore following.
“In order to quantify cities’ global influence, we looked at eight factors: the amount of foreign direct investment they have attracted; the concentration of corporate headquarters; how many particular business niches they dominate; air connectivity (ease of travel to other global cities); strength of producer services; financial services; technology and media power; and racial diversity.”
Sam Tanenhaus wrote a piece in the New York Times on how Millennials should be considered “the generation of nice.” Noting a Pew Research study that showed Millennials were less entitled and much “more complex and introspective.” Additionally, according to the Brookings Institution, about 64% of Millennials said “they would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring,”
"One said he hoped to succeed because “the better you’re doing, the more you can share with other people.” Another pointed out that while he was nursed on the traditional American dream — “this idea that if you worked hard and got good grades and did all the right stuff you would succeed” — he has developed a more pragmatic version of it suited to the economic realities of the 21st century."
HR Magazine featured the latest REC Job Outlook based on a survey of 600 employers. The survey found that 47% noted that “attitude” is the most important factor in selecting a candidate, compared to 20% who views the level of qualifications and 10% for professional credentials.
“Companies recruiting people under-25 place more importance on a candidate's attitude than their qualifications, according to a report by the Recruitment and Employment Confederation (REC).”