Companies reveal their values by prioritizing employee well-being during challenging times. At such moments, Impact Employers center their actions around long-term objectives for growth and impact that put employee advancement at the forefront. Developing talent has never been more important or more challenging, and companies must work diligently to find the best ways to prepare workers for new roles that emerge within their businesses. As the U.S. moves through this phase of pandemic recovery, employers are amplifying employee voices on vital issues like learning and support that enable them to succeed on the job and in life.
As the “Fortune 1” company and largest private employer in the United States, Walmart is in a position to drive massive change for frontline workers with every talent decision it makes. The retailer’s leaders understand and embrace that opportunity, particularly with regard to helping people face today’s unprecedented realities.
The events of 2020 triggered a seismic shift in consumers’ expectations about the leadership role businesses are in a position to play on critical social issues. The COVID-19 pandemic, the Black Lives Matters movement, and the economic, political, and social upheaval driven by those two developments prompted corporate leaders to think…
By Maria Flynn, President and CEO, JFF
As we begin to emerge from a time during which our lives were deeply shaped by the COVID-19 pandemic, it is now abundantly clear that crisis, and crisis recovery, has become a dominant national theme for the foreseeable future. Whether it is a hurricane, a wildfire, lack of access to quality health care, or our national reckoning with racial injustice, crisis is a given in our society, and in many cases, crises can compound, with one making the others worse and complicating recovery. Left unchecked, crises can undermine the stability and promise of…
Eight ways companies can support working mothers, retain talent, and stay competitive through economic recovery.
By: Christine Johnson, Senior Manager, JFF
“At home on Sunday you’ll celebrate Mother’s Day with your family. When you come back to work on Monday it can feel like you have to check your motherhood at the door. What if instead we acknowledge it, celebrate it, and help corporate culture adapt to it?” — Gayatri Agnew, Founder, Mother’s Monday
By: Laura Roberts, director, JFFLabs
“How are you doing?”
How often have you been asked that, over the past year? As a parent? As an individual? As an employee? How often have you asked others that same question?
It’s not an easy question to answer, regardless of how the pandemic has affected you, your family, your company, or your employees. That’s because it compels you to assess your sense of “well-being,” or how external factors like your environment and various stressors, expectations, and responsibilities affect your health and happiness. …
By Catherine Ward, managing director, JFFLabs
Let’s start with what we know: The economic realities of this past year are devastating, and the people who are suffering most are those who can least afford it.
In February 2021, the U.S. unemployment rate stood at 6.2 percent and some 10 million Americans were out of work. Both of those figures are down from their April 2020 peaks, but they are still well above their pre-pandemic levels of 3.5 percent and 5.7 million, respectively, in February 2020. Moreover, the number of people who had to work part-time or reduced hours for economic…
The insurance industry is facing a talent conundrum. A growing number of baby boomer employees are retiring, with the pandemic accelerating many individual retirement timelines. Efforts to recruit new talent are hampered by millennials’ negative perceptions of careers in insurance. And employers facing an urgent business imperative to digitize need employees who have comprehensive sets of new skills. All of these forces are coalescing into the one thing the insurance industry hates the most — uncontrolled risk.
How does an industry that is inherently risk-averse and change-resistant navigate these challenges? …
There are more than 75 million adults in the United States who graduated from high school and never earned a college degree.
Compared with college graduates, they are more likely to hold lower-wage jobs, are disproportionately Black and Latinx, and have more limited opportunities for career advancement.
It’s clear that a college degree is the best forward-looking indicator of economic advancement. Among other things, a postsecondary education offers students important foundational experiences and helps them develop enduring skills such as emotional intelligence, creative problem-solving and communication…
COVID-19 caused commercial air travel to evaporate overnight. Now, nearly a year into the pandemic, airlines are operating with a fraction of prior customer demand. Many have gone out of business, and those still operating are facing deep financial challenges. In the fight to survive, some airlines are suspending flights, grounding aircraft, leaving markets, and laying off employees. Each airline is navigating these difficult cost-cutting choices in its own unique way, shaped by its leadership, culture, and values.