RTO fuels ‘brain drain’; Netflix loses its coveted culture; and the U.S. skills gap widens
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RTO fuels brain drain: Study
The great return-to-office debate shows no signs of abating, and while an increasing number of corporations are attempting to turn the tide toward in-office work, work-from-home advocates just gained some new data in their favor. According to a recent study of 54 tech and finance companies, not only did companies see a 14% increase in employee departures after implementing RTO mandates, but the employees who left were more likely be women, hold higher-level roles and list more skills on their LinkedIn profiles.?? Andrew Barker
Read more here and share your POV using #RTO: In what ways could this new data impact the on-going return-to-office debate?
Netflix parental leave under fire
Netflix's famously generous parental leave policy — unlimited time off for a child's first year — is no more, at least in practice, The Wall Street Journal reports, citing internal documents and current and former employees. Too many staffers "took full advantage" of the policy, so Netflix is quietly changing the rules, though it's never explicitly reversed course. Some inside the company now worry it's losing the "no rules" culture that once attracted top talent. ?? Emma W. Thorne
Read more here and chime in using #ParentalLeave: How can companies ensure that their culture is preserved when changes are made to legacy perks?
Topics on the Rise?
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As 2024 comes to a close, business leaders are taking to LinkedIn to share year-end updates about their companies, products and industries. Last week, a slew of CEOs shared such updates in video format on LinkedIn. Catch up with announcements from:
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At the end of every year, LinkedIn highlights predictions and emerging trends for the year ahead. These 25 Big Ideas about how the professional world may change in the year ahead is just the tip of the iceberg.?
Watch podcast host and talent scout Lars Schmidt discuss why #BigIdea Number 3: "Corporate employees will emerge as the next wave of influencers," caught his attention and why it matters for recruiters.
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This week’s topic: Global test reveals US skills gap
Americans are falling behind workers in other industrialized countries in basic skills such as reading a thermometer, planning trips, and solving math problems, The Wall Street Journal reports. A global test reveals a widening skills gap, particularly among the least-educated workers, with 34% of U.S. test-takers scoring below the level of primary-school students in math. These results suggest employers will face challenges finding workers with essential critical thinking skills.??? Rob Sacks
Comment below: How can the U.S. reverse this trajectory and better educate citizens?
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Executive Resume Writer endorsed & hired by Recruiters | Ex-Executive Recruiter | 190+ monthly LinkedIn Recos over 10 yrs | FreeExecJobSearchTraining.com | META Job Landing System Creator | Executive Job Landing Experts
2 个月Top talent will always call the shots and buck trends. Period. If you want top talent, remote and hybrid work must exists.
Test Specialist at Supermicro
2 个月Very informative
Music Producer/LLC
2 个月https://mrsandman5.beatstars.com
BI Data Architect at Independent Consultant
2 个月The "gap" is artificial and will increase with the incorrect use of so-called AI in the recruitment industry. IT job descriptions are sometimes absurd in asking for a skill set that resists the concept of generalists and specialists, that resist any kind of categorization, that are based on tools and not foundations, without following any semantics, ontology, or taxonomy. We are deceiving ourselves with the incorrect use of AI. You can find more about this in my post here on LinkedIn. At IT we are used to building castles of napes and over promise and under delivery. We have to return to the concept of transferable skills and create a solid base of knowledge against the use of tools and the constant monotonous click of IT applications, if we want to make good use of AI. The right road for Digital Transformation starts with CULTURE, continues with PROCESSES and only then DATA appears in importance,?and not the other way around.
Event Coordinator at Flyspace Productions
2 个月That’s what happens when you cut education funds.