Depression risks spike for US employees | Wells Fargo resumes job cuts | Tips for nurturing culture, employee engagement remotely
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August 24, 2020
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Depression risks spike for US employees
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The pandemic has led to a 102% increased risk of depression among US workers, rising to 305% for employees ages 20 to 39, according to Total Brain's July Mental Health Index. Mental health experts warn the situation will worsen as winter approaches, and Flawless Foundation's Janine Francolini urges employers to make mental health "the absolute top priority."
Full Story: Human Resource Executive (8/21) 
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Recruiting & Retention
Wells Fargo has lifted its moratorium on job cuts, allowing it to proceed with terminations that were planned before the coronavirus pandemic. The bank will cut thousands of jobs over the next few years as it works to build a "stronger, more efficient company," said Wells Fargo spokesperson Beth Richek.
Full Story: Bloomberg (tiered subscription model) (8/21),  Reuters (8/21) 
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Leadership & Development
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Benefits & Compensation
Centric Consulting's Larry English outlines several ways companies can support working parents, including abandoning traditional work routines and giving employees flexibility and autonomy. Form parental support groups for employees to share their experiences, and encourage self-care, he advises.
Full Story: HR Dive (8/21) 
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The HR Leader
Remote working has disrupted organizational politics, but you can still take steps to build political capital within your organization through social, intellectual and psychological know-how, Dorie Clark and Tomas Chamorro-Premuzic write. The pair offer three ways to boost capital, including knowing your manager's "work language" -- the method in which that person prefers to receive and convey information.
Full Story: Fast Company online (8/21) 
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