The more comfortable and valued employees feel at work, the happier and more productive they’ll be. An effective way to foster a sense of belonging and trust in them is to build a psychologically safe work environment where they can share intimate details of their lives if they wish to without having to worry about being judged or ridiculed.
In 2019, Steven Spielberg called for a ban on Oscar eligibility for streaming films, claiming that “movie theaters need to be around forever” and that audiences had to be given “the motion picture theatrical experience” for a movie to be a movie. Spielberg’s fury was about not only the threat that streaming posed to the in-person viewing experience but the ways in which the streaming giant Netflix reported theatrical grosses and budgets, despite these not being the ways in which one evaluates whether a movie is good or not.
Online interior-design startup Havenly can’t compete with Silicon Valley heavyweights when it comes to compensation, but it used to have an effective weapon in the battle for tech talent: the Rocky Mountains. The 150-person company counted on Denver’s outdoorsy lifestyle to help lure people from more-expensive places.
There has been a major shift in the U.S. workforce since the onset of the pandemic: the rise of freelancing and remote work. More than two million adults in the U.S joined the freelance workforce since 2019, and that number is projected to hit 86.5 million by 2027. The income of freelancers increased by 22% from 2019 to a stunning $1.2 trillion, fueled in part by an influx of younger, highly skilled professionals seeking flexible alternatives to traditional employment.
If you think back to when your parents began their careers, it was not uncommon to hold down a job with the same company for a decade or more. Job bouncing was frowned upon, and resumes with minimal tenure caused recruiters to quickly dismiss an application.
Recently, executives have made a litany of commitments to addressing bias, rooting out inequitable processes, and making their work communities more diverse and inclusive. This isn't a light undertaking as diversifying workplaces has institutional, systemic, and foundational challenges. Take hiring, for example. A new study released by talent cloud company iCIMS and Talent Board, a nonprofit candidate experience benchmark research organization, explores The State of Diversity, Equity and Inclusion in the Workplace.