 | FRI, MAR 03, 2023 | | | |
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| | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | | |
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Welcome to the CNBC Work newsletter, brought to you by CNBC Events. Think a friend, colleague or business partner should receive this newsletter? Subscribe here. March kicks off Women's History month and with that in mind, we're taking a closer look at women in the workplace today. In a recent Momentive/CNBC Women at Work Survey, 52% of women said they'd consider leaving their job for higher pay. Other reasons women considered quitting were career advancement and better work/life balance. Flexibility remains a top priority, especially for working mothers. In another study, it was clear that men and women do not see eye-to-eye on the state of gender equality in the workplace: 77% of men believed everyone is paid the same as opposed to 24% of women. Today, the gender wage gap persists with the average woman making 82 cents for every dollar a man is paid and this gap typically widens for women of color. As a result, equal pay remains a top priority for working women. Despite some challenges, women are continuing to make strides in the workplace: 44% of working women report a salary increase over the past 12 months. New salary transparency laws, like the one in New York City, can also help to close the wage gap. For more on the world of work, check out our Key Stories roundup below. Until next time, stay safe, stay healthy and stay in touch. |
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| A lot of companies have been gradually beating the return-to-office drum in the past year — and it's been met with mixed reactions. Some people have enjoyed the return to in-person collaboration while others don't want to give up the flexibility and comfort that the WFH-in-your-PJs lifestyle brought. And, of course, some people have been here the whole time. (We see you.) |
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| | Workers are unhappy as layoff fears continue to loom, work-from-home flexibility is on the fritz and there are continued battles for pay transparency. But it seems Black workers are among the most unhappy, with 49% of those surveyed saying that they want to quit their jobs, according to a recent Indeed report. The reasons why Black workers are considering leaving their jobs include pay transparency issues, misalignment of personal values with company values, and wanting a more diverse leadership team. |
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| For some retirees, heading back to work has emerged as an aspiration. Roughly 1 in 6 retired Americans say they are mulling over whether to get a job, according to a recent study from Paychex. On average, those "unretiring" individuals have been out of the workforce for four years. The top reasons cited by people surveyed for the report were "personal reasons" (57%), "needing more money" (53%) and "getting bored" (52%). "Feeling lonely" (45%) and "inflation" (45%) rounded out the top five reasons for considering employment. |
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Healthy Returns | Moonshots to Miracles | March 29 CNBC Healthy Returns convenes a world-class virtual gathering of CEOs, scientists, investors and innovators in the health care space to reflect on the progress made today to reinvent the future of medicine, including the newest drug breakthroughs and device innovations. Plus, an exclusive rundown of the best investment opportunities in biopharma, health-tech and managed care. Learn more and register here. |
The CNBC Workforce Executive Council is headed to San Diego in April! The CNBC Workforce Executive Council, a network of CHROs, Chief People Officers and Chief Diversity Officers will be on the ground at the Workhuman Live event in sunny San Diego this April. Apply to join us for an exclusive, invitation-only dinner hosted by WEC. Plus, register here for the Workhuman Live conference using WC code WHL23-CNBC30 to save 30%. |
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