Data shows that employees increasingly want to work for companies that take social matters seriously. The “social” element of ESG focuses on the way a company treats people within the organization and communities in which it operates.
While these perks are valuable, there’s a growing retention and recruitment driver that deserves greater attention: environmental, social, and governance (ESG). A recent global PwC survey found that more than one third of respondents plan to ask for a raise in the coming year, and one in five are likely to switch employers.Ĭompanies are pulling out all the stops to hold onto their best workers by providing better compensation packages, remote work options four-day work weeks, unlimited vacation, and more. And with inflation hitting a 40-year high, workers now have an even greater motivation to change jobs in pursuit of a pay bump. More than four million Americans have quit their jobs every month during The Great Resignation so far. In the midst of The Great Resignation, organizations can benefit from showcasing their commitment to social and environmental matters. By Kevin Crow, Chief Human Resource Officer, Riskonnect
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