More organizations plan for salary disclosure | Workers say they would return to the office to socialize | Leadership traits that can be improved with practice
As companies continue to try to be more competitive in recruiting for talent, 62% plan to disclose information about salaries without any requirement from local government, according to a WTW survey. Of the companies that aren't taking this step, 40% cite administrative complexity and another 25% gave lack of "clear job architecture" as a reason.
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More than 80% of workers say they'd go back into the office for social connections with co-workers, and many indicate they would commute more often to see "work friends," according to data from the Microsoft Work Trend Index. "Leaders need to intentionally use the office to rebuild social capital: the value workers get from their networks, like getting new ideas and inspiration, being able to ask for help or advice, or finding new career growth opportunities," writes Chris Capossela, Microsoft's chief marketing officer.
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The rise of the virtual-first health plan The dramatic increase in telemedicine use seen early in the pandemic also fueled the rise of virtual-first health plans, an emerging model that is testing flexible, consumer-centric care for the digital health era. Register for this industry roundtable.
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A study conducted for Microsoft has identified a phenomenon the company calls "productivity paranoia," and it could poison the remote work atmosphere. In a survey of 20,000 people in 11 countries, 87% of respondents said they were productive at work, but only 12% of bosses were confident of that.
I am headed to our Washington, D.C., office in a few weeks for a leadership summit. I haven't seen some of these folks -- especially my editor pals -- in more than two years so I am very excited for this event. I'm looking forward to catching up, collaborating on some big projects, discussing some challenges I know we're all having and (at the end of the day) enjoying a long dinner and a lovely bottle of wine with them.
"People care about people," writes Chris Capossela in today's Recruiting & Retention story. "Social capital isn't a nice-to-have; it's crucial so that employees can do their best work and organizations can keep innovating."
He's right. Being around my colleagues always refuels my energy stores. Brainstorming with Melissa and Megan. Chatting with Rachael and Dillon about current projects and new products. Trading kid stories with Amy and Gail. Picking Sean's brain about podcasts and Susan's about team challenges. These guys help keep me sharp and connected to my work.
Social capital isn't the only strategy that will help bring folks back, willingly, but it's an important one. Is it a priority for you? If so, how are you nurturing this in your organization? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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