Benefits news you may have missed: Sept. 20-24
Employers agree: The Great Resignation is a ‘real, present’ danger: After 18 months and counting, the COVID-19 pandemic remains a serious threat to a strong and sustained labor market recovery. And a new survey from job site Indeed found employers remain uneasy about whether there will be a turnaround in that unwelcome trend any time soon. Read more here.
Your culture has changed—here’s how to shape it for the future: Like it or not, every company’s culture has been changed by the pandemic: The values it professes—and the way these beliefs are upheld by company policies, practices and expectations for employees—couldn’t not change in response to the disruptions, says Kevin Oakes, CEO and co-founder of the Institute for Corporate Productivity. Now, companies have to assess those shifts and strategize how to strengthen their culture for the long-term. Read more here.
Fearing the Great Resignation? Focus on your people: Employers across the country have seen various studies suggesting as many as 95% of workers are considering changing jobs and that 92% would be willing to switch industries to land a new position. Is it time to panic? Though the future is hard to predict, Mark Stelzner, founder and managing principal at IA and one of HRE’s Top 100 HR Tech Influencers, doesn’t think it’s time to panic. He says HR leaders and employers should remain calm and keep their minds open. Read more here.
A lost generation of working women: How to bring them back: Since March 2020, nearly 1.8 million women have dropped out of the labor force and a survey of 1,508 women found that 69% expect to stay at home instead of returning to work. HRE spoke with Christine Tao, CEO and co-founder of Sounding Board, an AI-powered coaching and mentoring solution, to discuss the pandemic’s impact on women who are balancing responsibilities at work and at home, how technology can help and why coaching has a role in advancing women leaders in the hybrid office. Read more here.
5 ways to get ahead of Biden’s new employer vaccine mandate: With about 100 million American workers included in its broad scope, President Biden’s recent vaccine mandate for large private employers will have vast legal implications for U.S. organizations. That was the takeaway from a webinar held this week by the Minneapolis-based law firm Dorsey & Whitney to discuss the topic and provide early guidance for employers. Read more here.