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Institute Insights

January 2020

 
 

CEO Courage and Commitment Key to Good Jobs Implementation

Not every company is born a Good Jobs company, but almost any company can become one. One key ingredient: a CEO with the courage to commit to creating a system that combines investment in people with operational excellence. In this issue, we highlight one such CEO—former Sam’s Club and now Walmart US CEO John Furner. 

 
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At the NRF Big Show in January, Walmart US CEO John Furner sat down with GJI President Zeynep Ton to talk about the good jobs journey at Sam’s Club, the $57 billion warehouse chain he ran from 2017-2019. John and his team invested in workers, stabilizing work schedules and raising wages for team leaders and specialty positions, like meat cutters, from about $15 to as much as $22 per hour. John talked about how they tested and began to roll out product variety reductions of more than 25%, and used new tools and technology to improve work and associate productivity. The impact so far: turnover is down, and net sales and customer satisfaction are up.

“There’s no better investment you can make than in the people you have on your team, who are serving the people that are paying you to be there.”

-John Furner

Read more at NRF
 
 
 
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Why So Many CEOs Don't Realize They Have a Good Jobs Problem

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Given more than 50 million Americans are in low wage jobs, it is safe to say many US CEOs have a bad jobs problems. Yet many don’t realize it. Learn how to avoid their blind spots, from benchmarking against other poor performers to looking at the wrong data, in this HBR article by Zeynep Ton and Katie Bach.

Read more at HBR
 

Good Jobs in the Spotlight

Fast Company Highlights GJI President Zeynep Ton and the Impact Good Jobs have on Employees and Company Performance

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Check out this article on Zeynep Ton and the Good Jobs Strategy, with a great infographic (paartially pictured below; click to view entire image) on the impact good jobs have had on companies from Costco to Target to Kum & Go.

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New American Research on Technology and the Future of Worker

In this New America report, Molly Kinder and Amanda Lenhart interviewed 40 low wage works in 4 US cities to understand their lives, their jobs, and their dreams and fears for themselves in a technology-altered future. Bottom line—the jobs of the future need to be good jobs for all workers.

"We know technology is coming, and we're working with it now. We want to be included, respected, and keep working with it--just don't force us out."

– Amber, frontline worker

 

Brookings Research: 44% of all U.S. Workers are Low Wage Workers

New research by Martha Ross and Nicole Bateman at Brookings has found that more than 53 million people—44% of all workers aged 18-64—are low-wage workers, earning median hourly wages of $10.22 and median annual earnings of $17,950.

 
 

Where You Can Find Us

  1. GJI Executive Director Sarah Kalloch will speak at the National Association of Convenience Stores (NACS) Leadership Forum February 5 in Miami.
  2. GJI Executive Director Sarah Kalloch will speak at the Center for Higher Ambition Leadership CEO Summit March 19-20 in Wellesley MA.
  3. GJI President Zeynep Ton will speak at the National Association of Convenience Stores (NACS) CEO Strategic Issues Summit April 21 in Chicago.
  4. GJI Executive Director Sarah Kalloch will speak at the Patient Experience Symposium 2020 on May 12 in Boston.
  5. GJI Managing Director Katie Bach will speak at the Philadelphia Federal Reserve Bank’s Reinventing Our Communities: Equity InSight Conference May 27-29 in Philadelphia.
  6. GJI President Zeynep Ton will speak at the Harvard T.H. Chan School of Public Health Sustainability & Health Initiative for NetPositive Enterprise (SHINE) Summit June 3 in Cambridge.

What We Are Reading

  1. Creating Good Jobs: An Industry-Based Strategy Edited by Paul Osterman, Forward by Barbara Dyer
  2. Fit to Compete: Why Honest Conversations About Your Company’s Capabilities are the Key to a Winning Strategy by Mike Beer
  3. The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good by James O'Toole

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Want to work together or learn more about Good Jobs Institute?

Email us at info@goodjobsinstitute.org

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