Ford workers vote against contract, raising concerns about approval | "Quiet cutting" may save costs, but it will cost you trust | 6 strategies to beat imposter syndrome
Production workers at two Ford plants in Louisville and Kentucky have voted down a preliminary labor accord although skilled trades workers have given it their backing, information from the local United Auto Workers union chapter suggests. The overall approval of the deal remains uncertain, although data drawn from the UAW's vote tracker suggest 70.7% of Ford workers at various facilities have voted in favor so far. Full Story: Reuters (11/13)
Supporting pet ownership = happier employees Attracting, retaining and engaging quality employees of all generations are three leading challenges that companies face in today's employment landscape. Luckily, supporting pet-owning employees improves their work experience—and positively affects these key metrics for employers. Find out more.
Nearly a quarter of employers use "quiet cutting" -- reassigning employees in the hope that they'll quit -- to cut the cost of termination and ease reorganization and employee turnover, according to a Zetwerk survey, but the practice damages employee loyalty and trust. "When termination is necessary, being honest and straightforward with employees can mitigate negative impacts on morale and company reputation," says Madeline Weirman, creative strategist for Zetwerk. Full Story: Forbes (tiered subscription model) (11/12)
Achieve short- and long-term success Challenging economic conditions are putting strain on organizations to cut costs. Unlock ways to achieve savings in the short-term while also ensuring long-term sustainability of your benefits strategies. Download now.
Why and how to implement a four-day workweek Four-day workweek trials have revealed benefits such as increased employee wellbeing, greater productivity and revenue growth. Izzy Galicia, president and CEO of The Incito Consulting Group, urges employers to consider the strategy and offers advice on the most effective implementation. Full Story: Training magazine (11/7)
Benefits & Compensation
Veteran-centered benefits help attract, retain talent Veterans have particular health, wellness and financial needs in addition to useful skill sets based on their military experience, and employers can help attract and retain people from this talent pool by offering benefits and programs that meet their specific needs. Veterans may face financial struggles or mental health challenges like PTSD, anxiety or depression, and employers can help by offering education, support, retirement preparedness and financial wellness benefits while also connecting them with help through the VA and other programs. Full Story: BenefitsPRO (free registration) (11/10)
The key to success, especially for Black women, says Caroline Wanga, the president & CEO of ESSENCE Ventures, is to embrace failure, live authentically no matter the circumstance and clear the path for the next generation of leaders. "Make your change in the world and go build the next throne so the CEO after you can get to this throne -- you will become a living succession plan," Wanga says. Full Story: Essence (11/10)
When my daughter was getting ready to break up with her high school boyfriend, I told her she needed to have the conversation in person with him. I knew texting was an accepted practice, but I didn’t want her to go that route. She agreed it was the right thing to do, but dreaded doing it. “It’s going to be awkward!” she protested. I shrugged. “Yeah, maybe, but not for long. You guys are too used to avoiding difficult moments. That’s going to bite you in the future. Man up. Stand in his face and have the hard conversation.” I thought of that when I read today’s Recruitment & Retention story about “quiet cutting.” I don’t care for this practice of moving workers into new roles hoping they will hate it and quit, thus saving the company from paying severance. This feels shady, underhanded and passive aggressive. Is there anything redeemable about this practice? Or do you dislike it as I do? Have you implemented it? If so, why and what worked when you did? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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I think the one overwhelming emotion that we had was when we saw the Earth rising in the distance over the lunar landscape -- it makes us realize that we all do exist on one small globe.
Frank Borman, astronaut, aeronautical engineer, businessperson 1928-2023
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