Best Practices in Recruiting Bilingual and Bicultural Personnel January 2016 Preview Agenda – The importance of bilingual and bicultural staff – Recruitment initiatives – Retaining your bilingual and bicultural staff 2 THE IMPORTANCE OF BILINGUAL AND BICULTURAL PERSONNEL 3 A COMPETITIVE EDGE YOUR HISPANIC GROWTH INITIATIVE The Credit Union Difference: PEOPLE HELPING PEOPLE 4 Definitions Bilingual: Having or expressed in two languages. Using or able to use two languages especially with equal fluency. Bicultural: Of, relating to or including two distinct culture . Having or combining the cultural attitudes and customs of two nations, peoples or ethnic groups. Hispanic: Of or relating to Spain or to Spanish –speaking countries, especially those of Latin America. A Spanish-speaking person living in the US, especially one of Latin American descent. Latino: A person of Latin American origin or descent. Relating to Latinos. Culture: The believes, customs, arts, etc., of a particular society, group, place, or time. A way of thinking, behaving, or working that exists in a place or organization (such as a business). 5 The Numbers Hispanics are an emerging workforce Fastest and youngest growing segment of the workforce 41 million strong 50% are under age of 35 Businesses have the opportunity to create and tap into the next generation of skilled workers The emerging Hispanic workforce can provide a leverage against the change the baby boomer’s retirement By 2050 Hispanics will constitute 24% of the nation’s population Competitors are already tapping into this market and becoming employers of choice Source: Adeccousa.com, “The Emerging Hispanic workforce” 6 7 Importance of hiring bilingual and bicultural staff - - 8 Hiring for a unique skills set – linguistically and culturally. Staff helps provide a seamless membership experience /inclusion. Understanding of the Latino culture. Innovation. Diverse staff bring about new ideas. In a global economy diverse candidates bring a fresh and unique perspective on services, product development, marketing and more. Member service and retention. Staff will better engage current and potential Hispanic members. Commitment to reflect credit union’s field of membership. Help with growth in membership, product usage and asset size. RECRUITING IN THE HISPANIC MARKET 9 Recruitment Initiatives I Be an Employer of choice Explore/Learn about the Hispanic culture and community. You don’t have to be an expert but it helps to know the basics. Get involved in the Hispanic community. Developing and Placing Job Announcements • • Draft comprehensive job descriptions and offer competitive salaries for the added skills. Include preferred requirements in the job description. Preferred: -Bilingual in English and Spanish. -Bicultural. -Familiarity with Hispanic culture. • • 10 Place a Spanish radio ad or newspaper ad in a local Spanish media outlet and note the bilingual requirement. Expand your time-to-hire expectation. Recruitment initiatives II • Connect with local partners and send them the job description, including: • • • 11 Local community colleges (Schools may have Hispanic/Latino student organizations, i.e.: “La Fuerza Latina” at a local private university), Hispanic serving organizations (toastmasters, forums, centers, etc.), and Hispanic owned businesses (i.e. grocery stores, hair salons, Latin American restaurants, etc.). • Post job announcements on branch message boards and in lobbies (particularly in branches with a high concentration of Hispanic members). • Create a poster or table tent and display at various community events where you have a presence. • Offer competitive benefits. • Explore Internship programs. Recruitment initiatives III • The Hispanic Advisory Group, if you have one already, can serve as a recruitment tool for bilingual employees. If you don’t have a Hispanic Advisory Group and want to learn more about it see Coopera’s Hispanic Advisory Kit for more information on how to develop this group. • Attend and recruit at local job fairs organized by local Hispanic community organizations. • Call and/or email past focus group participants and inform them of job opening. • Use social media: Facebook, LinkedIN, e-newsletter. • Connect with your local chamber of commerce and their diversity initiatives. Referral Programs • Offer an incentive to obtain candidate referrals. • Discuss recruitment efforts and referral incentives with internal bilingual advisory group. See Coopera’s internal bilingual advisory group kit for how to form this group. 12 Interviewing Tips Host info session or open house Include Spanish-speaking staff/board members When appropriate, consider hosting an informational session about the position for potential applicants to clarify goals and the application process before interviews. Hosting an open house for members and potential candidates is another way of making your credit union more familiar with Hispanic members, potential members and potential employees. Consider including a person from your staff or advisory board who speaks Spanish in the interview panel to assess oral language skills. In addition, provide a written language skills assessment to be completed prior to or after the interview process. 13 (See Coopera’s sample of a language skills assessment in the Coopera Resource Library.) Tips and Considerations – Understand the value of Hispanic culture. • Personal connections count • Training is highly valued – Present solid opportunities for advancement. – Understand different work histories. – Position yourself as to be seen as a stable and secure company. – Preference for a leader vs. a boss Train Hiring Managers to Spot Cultural Difference: – – – – 14 Different cultural norms. Different communication styles. Possibly different presentation in interviews. Promote and/or hire Hiring Managers. RETENTION STRATEGIES AND TACTICS 15 Retention I Strategies & Tactics: • • • • • • • • 16 Pay a differential for bilingual staff. Make sure to test proficiency. Family is key and so is flexibility and work is an extended work family. Communicate advancement paths to all employees. Provide ongoing training/professional development opportunities including rotational assignments. Survey employees to ensure “appropriate fit”. Conduct succession planning for positions requiring special skill sets. Be actively involved in identifying quality of life improvement opportunities. Encourage/incent employees to participate in Hispanic community events, boards and organizations. Retention II Strategies & Tactics: • • • • • • 17 Conduct internal advisory groups and focus groups for employee feedback. High touch relationships. Train to retain and attract. A family package/gift certificate. Nominate employee for recognitions in your area. Touch base meetings. This goes for all employees. Setting meetings between reviews to touch base and talk about the work load, progress, successes, concerns, etc. This can be a time to talk about what that employee values, thoughts about incentives, and upward mobility questions. Final thoughts on Best Practices • Support Hispanic affinity groups (i.e., establish relationships to those who serve or employ Hispanics). • Tie executive compensation to diversity initiatives – Leadership support is essential. • Invest in the community and specifically the youth. This might create the circumstance that create your next generation of workers. • Reward bilingual skills by offering pay differentials for bilingual employees. Test the skill as well. 18 Source: latpro.com, “Attracting and Hiring Management-Level Latinos”, adeccousa.com “The Emerging Hispanic Workforce”. Understanding the Hispanic Market is the way to employee retention success! 19 Work is central Employer reputation matters Job security matters Family is important Benefits matter Relationships are central Success is a goal Cultural understanding is KEY Source: Harvard Business Review: Hispanic Talent is the Future for Big Companies The 4Ps to Success: The Coopera Approach 1. The right organizational mentality -Philosophy -Investment 2. Adapt to the market -Personnel -Products -Processes -Promotion/Marketing 20 QUESTIONS? 21 RESOURCES 22 Hispanic Growth Resources • Coopera Resource Library • White Papers http://www.cooperaconsulting.com/hispanic-expertise.cfm • Hispanic Outreach Insights Monthly E-newsletter http://www.cooperaconsulting.com/ • Hispanic Outreach Connection LinkedIn Group (CCHOC) http://www.linkedin.com/groupInvitation?groupID=2148195& sharedKey=5F7335401508 • Coopera Blog http://blog.cooperaconsulting.com/ • Coopera on Twitter Follow Coopera @_Coopera 23 Contact Coopera 1500 NW 118th Street Des Moines, Iowa 50325 866.518.0214 cooperaconsulting.com blog.cooperaconsulting.com [email protected] 24 © 2016 Coopera. Original information contained within this presentation is copyrighted and cannot be used without expressed written consent from Coopera.
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