Workforce

“While it’s hard to predict the economy or the markets, we always plan for the worst so we can operate the business through any environment,” said the CEO.

Across the board, workers have become disillusioned by record-high inflation, but it is remote and hybrid workers that are disproportionately cutting back on spending.

“At the heart of PayU are PayUneers. And at the core of being a PayUneer is being able to be ‘U’ at the workplace,” said Priya Cherian, chief people officer...

Confidence has waned that organizations will “do what is right” when it comes to addressing racism, and employees are now willing to quit without concrete action.

The company, which provides transportation through electric scooters and bikes, confirmed the news of laying off 23% of employees.

Thirty-seven percent of Gen Zers said they have “rejected a job and/or assignment based on their personal ethics,” down from nearly half that said the same one year ago.

While factors like pay will always play a significant role in employee preferences, more professionals are prioritizing their wellbeing and quality of life over salary.

Not all companies are staying stoic in their workplace policy stances. In fact, even the biggest opponents of flexible work models have loosened up recently.

Taking data from over 209,000 job ratings, the average LGBTQ+ employee experience rating came in at 3.62 out of 5 — 6% lower than non-LGBTQ+ employees.

GLAAD CEO Sarah Kate Ellis says companies and leaders need to do much more in order to be allies of the LGBTQ+ community.