Culture must support unlimited-time-off policies | PwC study: 1 in 5 workers say job switch is likely | Survey: Fortune 500 CEOs preparing for recession
Unlimited paid time off sounds like a stellar perk for employees, but it must be accompanied by a corporate culture that encourages workers to actually use the time. Otherwise, this policy might actually result in workers taking fewer vacation days than normal. Full Story: BBC (5/23)
The Employee Benefit That Changes Lives Taking time off to care for a foster child is the most cited reason families are unable to open their homes to youth in need. Join companies nationwide that are creating a supportive workplace for foster parents by implementing sensible policies that promote flexibility. Learn more.
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Recruiting & Retention
PwC study: 1 in 5 workers say job switch is likely A global PwC survey found 20% of employees aim to change jobs in the next year, citing better pay and more fulfillment as reasons, while 35% plan to ask for salary increases. Skilled employees in the tech industry are most likely to seek raises, according to the survey. Full Story: CNBC (5/24)
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Engineer your tech-forward future How can your business maintain a competitive advantage in an age of increasing technological complexity? Explore Deloitte's Tech Trends 2022 report for insights and inspiration to unlock innovation, build trust, and engineer advantage for your digital journey ahead.
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Employee health, wellness needs not met by employers While 80% of company executives think they're doing a good job when it comes to employee health and wellness, only 46% of employees believe this to be true, based on a recent survey by the people analytics platform Visier. This discrepancy may be due to issues such as work-from-home policies, transparency of pandemic-related policies, and the lack of training and education to advance employee skills, all of which may be contributing to employee burnout. Full Story: Employee Benefit News (free registration) (5/23)
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Survey data shows a decline in the percentage of Black, Latino and male high-school students who want to go to college in 2022, compared with students surveyed from the class of 2019, according to a report by the nonprofit YouthTruth. The report highlights how the coronavirus pandemic has changed the priorities of students, with some choosing community colleges and employment instead of a four-year university. Full Story: Inside Higher Ed (5/23),The 74 (5/18)
The HR Leader
Ask workers these questions to improve your leadership Effective leaders create a sense of psychological safety for their reports and find ways to show appreciation for them as they offer opportunities for growth, writes Alaina Love. Love offers questions leaders can ask team members to assess their success in these areas, including "Do you feel heard?" and "Do you feel respected?" Full Story: SmartBrief/Leadership (5/23)
About the Editor
Kanoe Namahoe
My son, Kiaha, and I were talking about our trip to Hawaii and how much time he’d be able to spend there. He explained that he got two weeks of paid vacation and planned to use most of that on this trip. “Nice,” I said and then continued without thinking. “I have unlimited paid time off so that helps.” He just stared. “Well, excuuuuuse me,” he finally said, sarcastically, making a face. “Must be nice!” I just laughed and changed the subject. Unlimited paid time off can be successful provided your organization’s culture supports it, as we see in our top story today. Future PLC, SmartBrief’s parent company, does this. It offers unlimited paid time off and management -- including our CEO Zillah Byng-Thorne -- encourages us to take the time we need to tend to our families and personal priorities. My manager, Megan, has made a point of reminding us directors to schedule time off each quarter. Are you offering unlimited paid time off? How are you nurturing it in your culture? Do employees use the time? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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I could not turn back the time for the political change, but there is still time to save our heritage.
Queen Lili'uokalani, first sovereign queen and last monarch of the Hawaiian islands May is Asian American, Native Hawaiian and Pacific Islander Heritage Month
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