Too Many Americans Suffer from Financial Instability. Their Employers Can Help Fix It
December 22 | Jonathan Morduch | Comments (0)
If it was ever true that “a rising tide lifts all boats” in an economic sense, it is clearly not true in modern America. Since 1980 half of Americans have been stuck in place—their wages in real terms haven’t budged—while the top 20% have seen large gains.
Make Work Meaningful for Your Freelancers, Too
December 20 | Jon Younger, Partner, Agile Talent Collaborative | Comments (0)
It’s your job as a manager to make work meaningful for the members of your team. But what about the freelancers with whom you work? Have you stopped to consider how they’re finding meaning in their careers?
Gay Men Used to Earn Less than Straight Men; Now They Earn More
December 20 | Kitt Carpenter | Comments (0)
Whether these massive changes have translated into improvements in workplace outcomes for the average gay man or lesbian, however, is not so obvious. There is, for example, no federal nondiscrimination protection on the basis of sexual orientation or gender identity. A natural question, then, is: have the shifts in approval of LGBTQ individuals corresponded to equivalent improvements in their paychecks?
Building Behavioral Science Capability in Your Company
December 20 | Steve Martin, Author, SMALL BIG – Small Changes That Spark Big Influence | Comments (0)
If you’re interested in behavioral economics, then you probably heard that Richard Thaler, one of the discipline’s founding fathers, was recently awarded the Nobel prize in economics. You might also be sold on how insights from behavioral science can make a big impact in your organization. You may even have piloted a couple of nudge-based interventions in your organization and are now asking yourself, “What’s next?”
How Digital Tools and Behavioral Economics Will Save Retirement
December 17 | Shlomo Benartzi, Professor, Anderson School of Management, UCLA | Comments (0)
In the domain of retirement savings, Nobel laureate Richard Thaler and I devised a program called Save More Tomorrow back in the mid-1990s that used nudges to help people make better decisions about their long-term financial future. That program invites employees to gradually increase their savings rate over time, and it has been a success: according to my latest estimates, it has boosted the savings rates of as many as 15 million Americans.
How the Gender Pay Gap Widens as Women Get Promoted
December 08 | Lydia Frank | Comments (0)
We’ve all heard the figures around the gender pay gap — that women earn 70-something cents on the dollar, depending on the data source you use, compared to men. A lot of what contributes to that gap is the variance in earning potential between the industries and job types that women and men dominate, with women holding more “caretaking” jobs (e.g. healthcare, social work, education) in our society while men hold more technical jobs (e.g. engineering, computer science).
It’s Time to Tie Executive Compensation to Sustainability
December 08 | Seymour Burchman, Managing Director, Semler Brossy | Comments (0)
Despite conflicting messages about climate change from U.S. government leaders, sustainability is getting more and more attention at American companies. Shareholders are ratcheting up their demands on environmental and social issues. Consumers are registering their concerns about how companies make their products. And talented Millennial employees are voting with their feet by leaving laggard companies behind.