Workers who quit their jobs during the pandemic talk about why they have no regrets, despite some subsequently struggling to make ends meet. Flexible or remote working, better pay and benefits, less stressful workloads and safer work environments are some of the reasons these employees changed jobs or careers. Full Story: The Washington Post (tiered subscription model) (4/28)
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Recruiting & Retention
Younger workers discuss salary info Some younger workers are sharing salary information with colleagues and other professional contacts, with 40% of millennials and 42% of Generation Z workers saying they have been transparent about pay, according to a YouGov poll. A survey by Glassdoor shows the majority of employees prefer to work at companies that provide pay information. Full Story: CNBC (4/27)
Negativity in the office? You could be the source Negativity in the workplace can be a source of burnout and attrition if not handled by leaders, who need to check if they could be the source of gossip or even "toxic positivity" that sweeps problems under the rug, writes Britney Cole. "You can flip this dynamic on its head by asking people how they are doing, what problems they are facing, what's their biggest challenge," Cole writes. Full Story: Blanchard LeaderChat (4/26)
Benefits & Compensation
Companies can help alleviate staff financial stress Seventy-eight percent of employees are concerned about prices rising faster than their incomes, and nearly a quarter feel they are financially worse off now than a year ago, according to a survey by AARP. Employers can help reduce staff members' money worries by assisting with student-loan repayment, providing financial planning, making retirement plan enrollment and matches automatic, and partnering with restaurants to offer lunch discounts. Full Story: BenefitsPRO (free registration) (4/28)
The HR Leader
These pitfalls can lead to employee turnover Leaders may inadvertently drive employees away from the company if they neglect the importance of emotional intelligence or fail to recognize what staff members truly value, writes former Princeton University professor Dharius Daniels. Treating employees as you would treat clients is one way to bolster retention. Full Story: Forbes (tiered subscription model) (5/1)
Learning code, taking catering gigs and launching a hauling business are just some of the ways people I know flipped their careers amid the Great Resignation. Today’s top story talks about this trend and how others who did this are faring now. I respect these moves. Folks I know who are making these types of changes are excited about new possibilities and optimistic they can make it work. It’s like they’ve injected their careers with new energy. Anyone else making a move? Or have you lost folks to the Great Resignation? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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