Gig-economy companies debut Calif. ballot measure | Companies hiring workers who are disabled outperform others | Listen, ask questions to develop team members
Lyft, Uber and DoorDash introduced a California ballot measure this week called the Protect App-Based Drivers & Services Act, designed to fight new legislation that restricts the classification of gig workers. The proposed measure includes conditions for increased salary, expense reimbursement and a health care stipend for some drivers.
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A study from Accenture found that, among the companies they examined, those that hired people who are disabled generated 28% more revenue and 30% higher profit margins than the others. Companies can find qualified talent in this pool through Employment Networks, which help individuals receiving Social Security disability benefits find work.
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A federal law that goes into effect next year allows employers to pay workers pretax money to buy their own health insurance rather than directly providing the benefit. Experts say they are unsure what the effect will be, with some predicting a "401(k)-ization of employer health benefits," while others say companies are unlikely to stop providing health insurance.
A critical skills gap in the tech industry has prompted IBM to develop digital badge portfolios, add apprenticeship programs and strengthen partnerships with community colleges to fill "new-collar" jobs in cloud computing, cybersecurity and other areas where college degrees aren't required. Kelli Jordan, director of IBM career and skills, says it's important that tech companies focus on hiring people with valuable skills, not just people with college degrees.
More than 43 million people in the US owe a collective $1.6 trillion in student-loan debt, which takes both a financial and emotional toll that employers have begun to notice and address. Respondents to a recent PwC survey cited debt and other money concerns as a major source of stress, and another study linked student-loan debt with a reduction in psychological well-being for 25- to 31-year-olds.
