Many recent job switchers are seeking a different position | Economists: Inflation pushes some retirees back to work | Tips for building staff support for changes at your firm
Of the 21% of workers who have changed jobs in the past 12 months, 40% are searching for a different position, according to a Grant Thornton survey. Some of this churn might stem from situations in which expectations don't match reality. Full Story: CNBC (4/11)
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Recruiting & Retention
Economists: Inflation pushes some retirees back to work Elevated inflation and other factors are pushing some people who had previously retired to reenter the workforce, analysts say. The labor-force participation rate for people older than 55 reached 38.9% in March, half a percentage point higher than in October, Labor Department data shows. Full Story: The Wall Street Journal (4/11)
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How to help employees shape their careers A career path framework provides a transparent route for employees to progress within a company and encourages them to stay, writes Dialpad's Jenna Bunnell. The right framework can be achieved by asking workers about career goals, auditing skills, identifying what connects job roles and highlighting the journeys taken by real-life employees, Bunnell advises. Full Story: Training magazine (4/6)
Benefits & Compensation
Employees want more robust mental health benefits A survey by Justworks indicated that, in the past year, 23% of those enrolled in health insurance used their coverage for mental health care, including counseling, therapy and rehabilitation, and many participants cited mental health care as one of their top three needs. However, there is a shortage of providers in mental health care, and some insurers still do not fully cover it. Full Story: Employee Benefit News (free registration) (4/7)
The HR Leader
How firm leaders can promote mental well-being The pandemic has helped to highlight the importance of mental health in the business world, and leaders can help by looking for signs of distress and creating a culture of psychological safety. "Providing options such as an anonymous tip line or contact with HR can give employees more avenues for addressing any workplace stressors that are having an impact on their mental health," writes Ron Carucci, co-founder of Navalent. Full Story: Forbes (tiered subscription model) (4/10)
About the Editor
Kanoe Namahoe
My granddaughter, Kalei, was in the first grade. She and I were discussing a situation that called for me to have to change the way I did something. “Addie, you have to have a growth mindset,” she said, her little brows knit together in stern rebuke. I did a double take and stared at her. “Did this child just seriously pull 'growth mindset' on me?” I thought to myself. As an education editor, I am obviously familiar with the term. But Kalei didn’t know that, and she mistook my silence as not understanding what she said. “Addie,” she said patiently, “growth mindset is when -- ” “I know what growth mindset is, Kalei,” I said, interrupting her. “I know Mrs. Dweck’s work. You don’t have to tell me. I --” My son cut in. "Maybe we try and remember she’s six," he said brightly, smiling down at his daughter before looking at me with a wide-eyed, "You’re the grown-up -- relax," look. I made a face at him and Kalei, and I sat down to play a game and talk about something new. But my granddaughter did make a good point. Having the right mindset -- one that embraces challenge -- is not just critical for growth, it enables us to navigate successfully through change. Erika Andersen discusses this in today’s Leadership & Development story, as she details how leaders can help their teams get comfortable with change and shift to meet the organization’s needs. How can I serve you better with this brief? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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