An increase in permanent layoffs and faltering employment gains endanger the economic recovery, and people of color are likely to suffer disproportionate harm, says Federal Reserve Bank of Atlanta President Raphael Bostic. "An unnecessarily slow labor-market rebound could just drive historic wedges deeper, continuing to exacerbate the geographic, racial, gender and income disparities in our economy," Bostic says. Full Story: Bloomberg (tiered subscription model) (10/19),Reuters (10/19)
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Recruiting & Retention
Survey: Why 80% of workers would move jobs Eighty percent of workers would think about leaving their current role for an employer that places more importance on mental health, according to a TELUS International survey. Among the mental health offerings employees would like are flexible work schedules, therapy included within health benefits, one-to-one check-ins and virtual workshops such as meditation and yoga. Full Story: Human Resource Executive (10/16)
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Getting ready to reopen your office or business? The pandemic sent many employees home to work in the Spring, but now businesses are focusing on reopening. How can they do that safely? How can they monitor workplace sanitization and employee health without impinging on workers' privacy? Has the pandemic redefined the meaning of productivity? Register for this webinar to get answers to these questions and more.
Why you need to offer continued learning opportunities Thirty percent of employees feel some degree of insecurity about their jobs and just 49% say their employer's efforts to support development are "excellent" or "good," according to a study by Full Circle Research for Champlain College Online. Organizations can bolster relationships with employees by offering professional development opportunities in partnership with higher-education organizations, writes Melissa Marcello, associate vice president of Champlain College Online. Full Story: Training magazine (10/15)
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Over 21M may lose coverage by 2022 if ACA is overturned More than 21 million people could lose health care coverage by 2022 if the US Supreme Court decides to strike down the Affordable Care Act, representing a 70% increase in the uninsured rate, according to the Robert Wood Johnson Foundation. Eliminating the law would also lead to a nearly threefold increase in uninsured residents in some states that expanded Medicaid eligibility, while uncompensated care is projected to rise by 74% as federal health care spending drops by $152 billion per year. Full Story: MedCity News (10/15)
Extreme sports can hold valuable lessons for leaders, including the need for flexibility, resilience and persistence, several entrepreneurs say. "In both business and extreme sports, you have to be fast, agile, and strong, both physically and mentally," says Angus Imlach, CEO of Sweetshop Media. Full Story: Forbes (10/18)
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