Money may lure millennials to your firm, but it won’t keep them

Excerpt from the LinkedIn Daily Rundown published on May 18, 2018.

Directional signs symbolizing work-life balanceA study from Deloitte found that 43% of millennials surveyed plan to leave their jobs within two years. What’s driving them to the exits? A lack of commitment to diversity, inclusion and flexible work arrangements. The survey found that pay is a key recruiting tool, but it’s not enough to retain these workers. Overall, millennials’ faith in their employers is eroding, with less than half saying they believe their companies behave ethically, a drop from 62% in 2017.

How Google and new moms benefit from generous leave

Excerpt from the LinkedIn Daily Rundown published on May 18, 2018.

Happy Mother’s Day!After the tech giant increased its paid maternity leave benefit from 12 weeks to 18 weeks in 2007, the rate at which new moms quit dropped by 50%, reports Quartz. Some 52% of women in STEM jobs end up leaving their fields, according to research from the Center for Talent Innovation. Google’s experience suggests that generous parental leave can reduce the hefty costs of employee turnover and alleviate some of the challenges women in tech encounter.

NTEU’s Testimony for House Federal Workforce Hearing

NTEU submitted testimony underscoring the importance of adequate compensation and employee due process rights to ensure a skilled workforce, employee morale and income security, and a well-functioning government.

NTEU submitted testimony to the House Oversight and Government Reform Committee’s first hearing on the President’s Management Agenda.

Office of Management and Budget in the Executive Office of the President of the United States (seal)Unveiled in March, the Office of Management and Budget (OMB)’s plan seeks to “modernize” federal personnel laws and policies, by drastically cutting federal employee compensation (in the areas of pay, retirement and health care insurance benefits, and leave), overhauling performance management and hiring, limiting collective bargaining, and making it easier to discipline and fire employees. Continue reading “NTEU’s Testimony for House Federal Workforce Hearing”