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- 🎉 50% of workers would quit over WHAT?! ❌
🎉 50% of workers would quit over WHAT?! ❌
PLUS: Google to pay $8.4 million in settlement
Today’s edition is brought to you by Withe, the fastest way for volume hiring teams to interview qualified candidates at scale. Take the hassle out of volume hiring by using Withe’s hiring event platform.
Read time: 2 minutes
Good Morning Party People! 🎉
It’s Tuesday! The cold brew is flowin’, the break room is poppin’, and the Zoom mullets are out in full force.
Poll of the week!
When does your company do its biggest seasonal hiring pushes? |
Here’s what we got today:
❌ Nearly 50% of people would quit if…
🆓 Free month of qualified candidates
💸 Google has to pay up
👨🏻💼 Talent retention
And, of course, MEMES!
MOTD (Meme of The Day)
looool
Think you have great meme skills? Reply to this email with your best meme to be featured in the MOTD.
Nearly 50% of Workers Would Quit If…
Companies want employees back in the office. But employees REALLY do not want to go back to the office. This delta in desires is so large that nearly 50% of employees say they’ll quit if their employer requires a full-time return-to-office mandate.
“Current research shows that almost half (47%) of employees indicate they would quit a job or begin looking for a new job immediately if their employer mandated a full-time return-to-office policy”
Here’s the good news. 85% of employers say they’re planning on offering some sort of flexible work arrangement. Major companies like Amazon, X, JPMorgan, etc have recently issued return-to-office mandates. But those appear to be the exception, not the rule.
Hybrid work seems to be a good compromise for both employees and employers. According to the Integrated Benefits Institute, hybrid employees are:
22% more productive
21% more satisfied
51% more engaged
Covid drastically sped up the WFH movement. Now companies are pushing back. For many, hybrid work appears to be the answer.
Is it Hiring Season?
Withe makes seasonal hiring simple. Using Withe hiring events (virtual, in-person, or hybrid) we make it easy to create and share your roles with prospective candidates—all your team has to do is show up to interview.
Withe takes all the busy work off your plate, including qualification, scheduling, messaging and facilitating interviews with candidates, all updated in your ATS.
Special offer for Office Party subscribers! Looking to connect with qualified candidates at scale?
Your first month of Withe (with unlimited hiring events + unlimited candidates) is FREE. Book a Demo and let us know you’re coming from Office Party and we’ll hook it up!
Party Snacks (Weekly Resources)
6 Ways HR Pros Can Use chatGPT as a Personal Assistant [+examples] - Want to up your workflow while becoming more proficient with AI? Check out this resource.
5 Resources on HR Operating Models - 5 resources to help HR leaders make thoughtful decisions about their HR operating models
2023 LAYOFF TRACKER - 227,241 tech employees have been laid off in 2023. This resource keeps you up-to-date with recent layoffs.
The Big G Has to Pay $8.4 Million…
6,517 workers are now owed nearly $8,400,000 from Google via a compensation lawsuit settlement. The workers believed that Google incorrectly calculated their pay and excluded stock and commissions. As a result, their overtime pay rate was also (allegedly) incorrect.
This class action lawsuit cited the Fair Labor Standards Act as well as California State Law. Google also paid out $5.5M back in 2018 for allegedly failing to properly pay recruiters.
One would think that the $1.66 TRILLION-dollar company wouldn’t have a problem paying people properly (say that 3 times).
ICYMI - Google also has a sweet on-campus hotel (they charge $99 per night).
For more on the G-Suit, read this.
Talent Retention is a Top Priority
Retaining talent is sorta important. In fact, employers rate retaining talent as their #1 priority. And retention has certainly been an issue for many companies…
“More than half of employers (51%) experienced a turnover rate of at least 15% in 2022, inching up three points from 48% in 2021. In response, companies are adjusting compensation and benefits to improve retention rates”
These are the top operational priorities:
Retaining talent
Growing revenue or sales
Attracting talent
And here are the top priorities for HR:
Retaining talent
Attracting talent
Training and developing people
Wow. Pretty solid alignment between Ops and HR (there’s a first time for everything). To combat turnover, here’s what companies are doing…
Increasing base salaries
Increasing variable comp
Expanding medical benefits
Upgrading well-being initiatives (office pizza parties)
Pretty much all the obvious stuff.
For more, read the 2023 Workplace Trends Report.
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Party Favors (extra reading)
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