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☆ Leaders from Walmart, AB InBev, Honeywell, Carlyle, and more share advice for getting started — and sticking to — sustainability goals
▼ + stars: | 2022-07-22 | by ( Julia Hood | ) www.businessinsider.com time to read: +26 min

Sustainability leaders from Walmart, JUST Capital, Dow, Honeywell, Cognizant, Deloitte, Bank of America, AB InBev, and Carlyle participated. If you're just looking for a science partner, you're going to go and get the science. So then we started building debriefs for our portfolio companies, actually making them sit down and have a conversation with us. Because as long as you do it with integrity, you're going to probably get to the right place. I remember him saying when we talked about the idea, "what you're trying to achieve with that, is somewhere between really, really, really, really hard and impossible."

☆ Rising layoffs, high inflation, and the dreaded R-word have American workers nervous. Here's a guide to managing your career in an uncertain economy.
▼ + stars: | 2022-07-18 | by ( Rachel Durose | Catherine Henderson | Rebecca Knight | ) www.businessinsider.com time to read: +16 min

The economic news is mixed: Inflation and interest rates are high, but the job market looks solid. It's possible that the Fed manages to cool off the economy and tame inflation without causing a spike in unemployment, said Flowers. "The outlook isn't as rosy as it was," Nick Bunker, the head of economic research at the jobs platform Indeed. If the thought of an economic downturn makes you fear for your job, you're not alone. Mentor someone else in your organization — if you're relatively new on the job yourself, take a student intern under your wing.

☆ Economic policy is full of false assumptions that benefit the wealthy and undercut average Americans — just look at how CEOs are paid
▼ + stars: | 2022-03-19 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

Recently, he spoke with author Tom Bergin about the problem with CEOs acting like shareholders. A 2021 study found that typical CEO compensation has risen 1,322% since 1978, while worker compensation over that same time only increased by 18%. The problem with CEOs behaving as shareholdersThe National Bureau of Economic Research reports that in 1980, stock options were rarely included in CEO compensation. When they were a part of the compensation package, average stock options rarely made up even 20% of the total direct pay for CEOs. But today, according to Lawrence Mischel from the Economic Policy Institute, "Stock-related compensation comprises around 85% of CEO compensation."

☆ Companies need to embrace an innovative path to create new employment opportunities
▼ + stars: | 2022-03-03 | by ( Ravi Kumar | ) www.businessinsider.com time to read: +5 min

This article is part of the "Financing a Sustainable Future" series exploring how companies take steps to set and fund sustainable goals. A LinkedIn survey found just one in 67 paid jobs in the US offered remote work in 2020, and that number this year grew to one in six. The labor shortage is compelling companies to boost pay. Low-complexity jobs will inevitably be automated, given the acute labor shortage, and the real opportunity will be in training people to take on higher-order responsibilities, which will allow enterprises to scale business purposefully. Remote work means more people otherwise limited by their circumstances — like caregiving adults, students, and people with disabilities or in rural areas — can now be included in the nontraditional American workforce and gig economy.

☆ America's Overachievers Are Finally Leaning Back
▼ + stars: | 2022-03-02 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

Today, Justin is working the least he ever has: 40 hours a week. But what these executives are missing is that some employees don't want to pal around with their coworkers. In peak hustle culture, work was where we expected to find everything we needed to live the good life: joy, purpose, community. Then he started billing for 40 hours a week of labor that often took him only a few hours to complete. But after nine months of leaning back, a solid 40 hours is starting to look pretty attractive.

☆ Why it's crucial for lawmakers to protect and empower unions as union popularity rises across the US
▼ + stars: | 2022-02-19 | by ( Paul Constant | ) www.businessinsider.com time to read: +5 min

Despite growing public support for unions, Constant says union power has weakened in recent decades. Now is the time for Congress to protect union rights by passing pro-union laws at the federal level. Only about one in 10 American workers belongs to a labor union. How union power has been undermined across the countryThe past four decades have seen attacks on union power at almost every level of government. Presidents that followed Reagan — Republican and Democrat alike — either continued his push to erode union power or simply failed to shore up union power.

☆ American employees are stressed, anxious, and disengaged. Here are 3 simple strategies managers can use to boost their workers' well-being.
▼ + stars: | 2022-02-18 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Managers can use a number of research-backed interventions to foster employee happiness. Note to managers: Happiness drives business results. A study published earlier this year found that employees with high measures of self-reported happiness upon starting their jobs performed better than those with lower measures of happiness. Cultivate happinessWhen it comes to boosting an employee's emotional well-being, there is only so much a boss can do. Lester and his co-researchers have recommended managers lead team exercises geared toward improving employee well-being.

☆ Workforce at Alabama chicken plants includes migrant teens
▼ + stars: | 2022-02-07 | by ( ) www.reuters.com time to read: +20 min

At Amelia’s request, Reuters agreed not to identify her hometown, the chicken plant where she now works, or the exact job she performs there. She said she was determined to get here because Rosa told her she could find work quickly. Amelia provided her new credentials to a staffing firm that supplies laborers to a local chicken plant, she said. Some firms deduct as much as $40 a week from employees’ paychecks for the service, four workers told Reuters. She rarely leaves Rosa’s trailer except to head to and from the chicken plant.

☆ With tips, restaurants can pay workers as little as $2 an hour. It's why no one's coming back to work.
▼ + stars: | 2022-01-22 | by ( Paul Constant | ) www.businessinsider.com time to read: +5 min

He spoke with Saru Jayaraman of UC Berkeley's Food Labor Research Center about tipped workers. Women and people of color who work for tips always earn significantly "less than white, male tipped workers," Jayaraman said, "because of the biases we all carry as customers. Employer justifications for the subminimum wage tend to fall apart under the slightest examination. Restaurant workers in these seven states have for years taken home more than the federal tipped minimum wage per hour with no negative effects on the restaurant industry. The pandemic has worsened conditions for restaurant workers, and many of them have decided that the subminimum wage isn't worth the hassle.

☆ The American middle class used to signify economic security. That's now quickly becoming a luxury only the wealthiest can afford.
▼ + stars: | 2021-12-25 | by ( Paul Constant | ) www.businessinsider.com time to read: +5 min

While a majority of Americans consider themselves middle class, he says far fewer actually are. Those numbers are disastrous for the American middle class. When most noneconomists talk about the middle class, we don't mean the strict middle third of American household wealth. A 2015 Pew report found that while 89% of all Americans self-identify as members of the middle class, just 50% of Americans actually met the broadest economic definition of middle class. Throughout the 20th century, a secure and growing middle class was the source of America's prosperity.

Life insurance can help build wealth in the Hispanic community, but first there needs to be trust. Insider spoke to Silvia Tergas, a financial planner with Prudential, about how life insurance plays a role in financial wellness in the Hispanic community. Insider's Featured Life Insurance Companies Lemonade Life InsuranceNationwide Life InsuranceGuardian Life Insurance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. "Financial planning begins and ends with the client's need for life insurance," said Tergas, "and at end of day, life insurance is risk management." She said based on your cash flow and potential resources, you should balance the need for permanent life insurance, which is more expensive than term life insurance.

☆ Andy Jassy officially starts as Amazon CEO today. Insiders describe his 'CHOP' meetings, micromanagement, and 'Nice' emails.
▼ + stars: | 2021-07-05 | by ( Eugene Kim | Ashley Stewart | ) www.businessinsider.com time to read: +22 min

On July 5, Andy Jassy officially became Amazon CEO, succeeding Jeff Bezos, who steps into the position of executive chairman. When Amazon Web Services CEO Andy Jassy has a big decision to make, it usually comes at the Chop. "If you go to a Chop meeting with Andy, you better be ready," one former senior-level employee told Insider. Though he's one of the longest-serving executives at Amazon and a close confidant of CEO Jeff Bezos, Jassy still remains relatively little-known outside tech circles. Early on in the pandemic, Jassy told AWS employees that "the world is relying on Amazon," according to an email seen by Insider.

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