Companies bet employee benefits will help them in ‘Great Reshuffle’
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Many Americans are leaving their jobs to rethink what it means for work and life balance. Businesses are reacting by meeting employees’ requirements in flexible working hours, remote work and pay. This is the first part of a series that examines the current “Great Reshuffle”, and shifts in culture at work.
It “Great Resignation” — also known as the “Great Reshuffle” — is showing no signs of slowing down.
The mass exodusEmployers are now rethinking how to retain and recruit employees, with almost 48 millions of them leaving last year.
This has led to more flexibility, remote work and higher salaries. Some firms have implemented four-day workweeks while others move to remote or hybrid work arrangements.
According to LinkedIn, 63% say that work-life balance is a top priority when looking for a job. 2022 Global Talent Trends report. 60% said that compensation and benefits were important.
These are some of the ways that companies stand out in today’s talent war.
A four-day workweek
Anywhere you are, work
Sevdha Thompson was a digital producer for marketing at Coalition Technologies and spent several weeks in Costa Rica last summer.
Courtesy: Sevdha Thompson
Coalition Technologies is a California digital marketing and web design firm based out of Culver City. Employees can remotely work from anywhere around the globe.
For Sevdha Thompson, the company’s digital producer of marketing, that means she can spend time in Jamaica with her family, visit rainforests in Costa Rica and travel around the U.S. to see friends — all while working.
Thompson said that she loves traveling and is in her 30s.
It is crucial to have that freedom to enjoy time with those who matter to me in other parts of the world.
Some employees may have taken advantage of the travel policy, while others work where they are located. Today Coalition Technologies’ more than 250 workers are spread out across the globe — from the U.S., Canada and Mexico to India, Germany and South Africa.
“Surprises and delights”
LinkedIn employees can enjoy moments of “surprise, delight”, thanks to the LiftUp program.
LinkedIn claims that employees can feel happier if they have a day off work or are given a break from meetings.
The tech company launched LiftUp after its employees were hit with exhaustion and burnout during the pandemic. The company is a resource center and hosts a variety of events. But, most importantly, it gives time to its employees in the form well-being days and meetings-free days.
According to the report 2022 Global Talent Trends, Nina McQueen (Vice President of Benefits and Employee Experience at LinkedIn), “The delights and surprises were meant to just put the spark back into everyone, lift up our heads higher and have some fun along the journey.”
When the pandemic passes, the program won’t stop.
″[Employees]”They need support. They must feel that their organization values them,” Jennifer Shappley from LinkedIn, the global head of talent acquisition.
Paid sabbaticals
SabbaticalsThey are not a typical workplace benefit. Prior to the Covid epidemic, only 5% offered a paid Sabbatical Program, and 11% provided an unpaid. 2019 benefits report found.
Automattic is a technology company. Employees get paid for every five years of work. three-month sabbatical.
Matt Mullenweg CEO stated that the event provides an opportunity for people to reset their career or change their roles.
After being completely disengaged from my life, I returned to it feeling rejuvenated and excited for what was ahead.
Lori McLeese
Automattic’s Global Head of Human Resources
The worker can benefit from the sabbatical, which allows them to assume additional responsibilities.
Lori McLeese was Automattic’s global head for human resources. She took her first sabbatical to go to Europe in 2016. According to her, it was the most important thing she could do.
McLeese explained that it helped to reset my brain. “I had to leave my brain completely unconnected and returned feeling rejuvenated.
Work contract with benefits
Harriet Talbot quit Unilever’s full-time position to join the U-Work program based in London.
Courtesy: Harriet Talbot
Unilever’s U-Work programContract workers get the flexibility and freedom they want, along with job security benefits.
The worker agrees to work a minimum amount of weeks each year and receives a small retainer monthly. Assignments are also paid. You will receive a pension and medical insurance, as well as sick pay.
Harriet Talbot (30 years old) found it the right fit. In 2021, she quit her job as a full-time employee in the London office of the global consumer goods firm and began working two contracts jobs for the company. She also has a part time gig in a local bicycle shop. Now, she travels by bike from Europe to Australia between assignments.
She said, “It’s such an amazing relief and really progressive, I think to be able back to join the Unilever Community when I get back.”
U-Work is now being piloted in several other global locations, although it hasn’t made it to the U.S. … yet.
Work that’s fit for your life
Allison Greenwald was a senior product manager for The Alley Group and spent five weeks in Alaska, while keeping a flexible work schedule.
Courtesy: Allison Greenwald
Alley employees are known for their flexibility. Each team determines the time and place for meetings. The company does not set office hours. Apart from those meetings employees can work whenever it is convenient for them.
For Allison Greenwald, 29, that means she works her remote job around other things that may pop up in her life — from errands and doctor’s appointments to exercising and traveling.
Greenwald who lives in Brooklyn (New York) and spent five weeks on Alaskan soil last August, said that “I’ve been able to do really unbelievable things.”
Alley’s philosophy states that workers can manage themselves and are responsible adults, says Bridget McNulty (partner and chief operating office at the firm).
“We have faith in those we are able to hire,” she stated.
“There’s a mutual understanding to work together, and that we take very seriously.”
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