Employees struggle with return-to-office uncertainty | McKinsey: 40% of workers could soon quit their jobs | Report: Consumers expect DEI action among CEOs
Many employees, now accustomed to remote work, are in a state of uncertainty as companies work to determine what their policies will be going forward. The lack of clarity may be especially problematic for employees who have moved far away from where their companies are based. Full Story: BBC (7/20)
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Recruiting & Retention
McKinsey: 40% of workers could soon quit their jobs Around 40% of Americans are thinking about leaving their jobs in the next three to six months, and about 48% of global workers who left their jobs in the past two years did so to take up new roles in different industries, according to a report from McKinsey. Around half of those who quit without a new job lined up came back to the workforce, but just 29% returned to a traditional, full-time role, and McKinsey's Bonnie Dowling warns of rising quit rates: "This isn't just a passing trend, or a pandemic-related change to the labor market." Full Story: CNBC (7/21)
Go Green: How Does Your Org Stack Up? Environmental challenges are mounting against us by the day. You may not realize it, but your organization has more influence on ecological efforts than you might think. So how eco-friendly are you, really? Take the quiz to find out.
Voluntary benefits generate more employee interest The voluntary benefits sector saw significant expansion from 2020 to 2021, growing 11.3% to produce more than $8.3 billion in sales. Market share and sales increases were seen in several product lines, including term life, dental, short-term disability and accident, and research by Eastbridge suggests that employee interest in voluntary products will continue to rise as workers see the benefits. Full Story: BenefitsPRO (free registration) (7/19)
Technology
Software evaluates how new employees are fitting in Searchlight.ai has a tool that analyzes employees after they are hired, providing "quality of hire" insights for management by evaluating the new person's self-assessment, third-party references, job interviews and onboarding procedures. "We don't warn the employer that an employee is a poor fit, but rather help reveal signs and insights that they can identify how well an employee is acclimating or not," CEO Kerry Wang says. Full Story: Human Resource Executive (7/19)
Mike Krzyzewski, who has retired from his position as Duke University men's basketball coach after becoming the coach with the most wins of all time in Division I, says the best piece of leadership advice he ever received was from his mother. "Only let good people on your bus because you're never going to get to your destination alone," Krzyzewski says, quoting his mother. Full Story: Duke University Fuqua School of Business (7/20)
About the Editor
Kanoe Namahoe
Who’s on your bus? The question comes from today’s HR Leader story featuring retired Duke basketball coach Mike Krzyzewski. Krzyzewski talks about advice he got from his mother just as he was entering high school. “Get on the right bus,” she told him. “Only let good people on your bus. Because you’re never going to get to your destination alone.” I’m in the process of hiring a new editor and these words hit me between the eyes. My team has aggressive content and revenue goals to reach. We’re on a good pace but still have some ground to cover. I need an editor who will help guide us to our goals, our destination. It won’t be enough for that person to have strong writing skills and a command of AP style. He or she must also be creative, to think of new products; assertive, to defend journalistic integrity when working with sales and advertisers; friendly, to collaborate with peers and clients on projects; and nimble, to be able to move quickly on new initiatives as business cycles demand. This person must also have a thick skin -- to hear criticism or deal with difficult personalities -- but a tender heart, to listen to others and help them do their best work. I’ve got excellent people on my bus. They are among the best professionals I’ve known in my career. We’re focused on the destination. I look forward to adding another passenger who can help us get there. How is your bus? Is it a smooth ride -- or a bumpy one? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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