Saturday Night Live/NBCUniversal via Giphy
Any Heidi Klum fan knows that in fashion, you’re either in, or you’re out. That’s true for workplaces, too.
While workers once fawned over sexy tech companies like Meta and Google, Glassdoor’s 16th annual list of Best Places to Work shows those in more vintage industries like finance and consulting are hot right now.
How it works. The Best Places to Work list is based on Glassdoor reviews of companies with more than 1,000 employees submitted between October 2022 and October 2023. Workers rate employers, using a five-star scale, on overall employee satisfaction, as well as the pros and cons of their job, like compensation, culture, DE&I, and work-life balance.
In and out. When Westworld was hitting its stride in the streaming world in 2018, Meta, Google, and HubSpot were among the top 10 places to work. Fast-forward to 2024, and the top 10 looks quite different.
Keep reading here.—KP
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Here’s an interesting stat for ya: 70% of decision-makers say AI will be instrumental to success in HR over the next five years. Know what that means? Artificial intelligence is here to stay, so it’s best to learn the ropes.
Fortunately, Workday has data that can help. Based on a recent study conducted by Forrester Consulting, this lifesaver offers tons of golden nuggets on the future of HR and AI’s impact on the workplace.
Still scratching your chin about AI? Well, employees are more optimistic than leaders might think. In fact, 71% of workers say AI gives them a sense of empowerment, and 76% agree that AI could make it easier and quicker for them to find information—huge numbers.
Step into the future of HR.
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Francis Scialabba
The New York City Council passed a law to amend its administrative code on Dec. 3, and will publish a workers’ bill of rights on its website by March 2, 2024.
New York City’s Department of Consumer and Worker Protection will develop the bill of rights in partnership with the Mayor’s Office of Immigrant Affairs and the Commission on Human Rights, as well as community and labor organizations, according to the text of the legislation.
The bill of rights will provide details about rights under federal, state, and local law that apply to employees—both current and prospective—as well as independent contractors. It will apply to all workers regardless of their immigration status, and include information about the right to organize a union.
What’s required of NYC employers. Employers will be required to provide a copy of the bill of rights to every employee by July 1, 2024, as well as post the information in a “conspicuous location” in their workplace and online, provided they use the internet regularly to communicate with workers. After July 1, they’ll have to give the bill of rights to any new employees on their first day of work.
Keep reading here.—CV
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Sarayut Thaneerat/Getty Images
The December jobs report, released Friday, shows the US economy finished the year strong, with figures blowing past economists’ expectations.
The economy added 216,000 jobs in December, according to the Bureau of Labor Statistics (BLS), more than the 160,000 jobs economists projected, according to CNN. The unemployment rate was unchanged at 3.7%.
Zoom out. Despite several rate hikes by the Federal Reserve, the labor market grew by 2.7 million jobs last year, a dip from the pandemic-era boom of the previous two years, but more than any other year since 2015, NPR reported.
“HR pros need to understand that the market isn’t looking like a recession is going to happen any time soon, and the economy is in better shape than previously advertised,” Trevor Bogan, regional director of the Americas for Top Employers Institute USA, told HR Brew via email. “There will be an opportunity to grow your employee size within your organization, and this is a good time to effectively strategize with your internal recruiting and talent acquisition teams.”
Keep reading here.—AS
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Francis Scialabba
Today’s top HR reads.
Stat: Hospitality workers received an average 29% pay bump between 2019 and 2023, more than workers in higher-earning industries. (New Jersey Monitor)
Quote: “Ultimately, for me, it comes down to culture… People will stay at a company if they believe in the culture, they support it, and they understand what they’re working towards.”—Geoffrey Brown, president and CEO of the Illinois CPA Society, on why workers leave companies (CFO Brew)
Read: How “new-collar” jobs are different from traditional blue- and white-collar jobs. (the Seattle Times)
A human future: Did y’know 73% of workers hope their company explores more ways to implement AI? Whatcha waiting for? Read Workday’s commissioned study conducted by Forrester Consulting to get the deets on the future of HR.* *A message from our sponsor.
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✢ A Note From Workday
DISCLAIMER: A commissioned study conducted by Forrester Consulting on behalf of Workday, August 2023.
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