Companies that make the Fortune 100 Best Companies to Work For list compiled by Great Place to Work consistently outperform the market by a factor of 3.36, according to the global index and data provider FTSE Russell. Analyzing 25 years of market data about the annual returns of the publicly traded companies on the list and comparing those results to other market benchmarks, FTSE Russell found that an investment in those 100 Best companies would yield a return more than triple what a similar investment might have earned in another portfolio.  

The business case for building a diverse workforce is an easy one. Numerous studies show that diverse teams compete better, innovate faster, and generate more revenue than non-diverse teams. Although the winning formula for building a diverse workforce isn’t as clearly defined, organizations are increasingly achieving success with one lesser-known strategy: soft skills verification. 

As employers continue to deal with the fallout of the Great Resignation, a new challenge looms on the horizon before them: “quiet quitting.” First made famous in a July 2022 post on TikTok, the term quiet quitting does not refer to employees actually quitting their jobs. Rather, it generally describes maintaining work-life boundaries to reduce burnout. It applies to employees who are doing only what is necessary to get their jobs done. They are not insubordinate, yet they don’t step up to take on extra projects. 

As the manufacturing industry finds it increasingly difficult to meet its recruitment objectives, retaining employees is now more important than ever. A cornerstone of any strong retention strategy is effective communication, which can build the foundation of a more inclusive culture and can deepen employee loyalty. As they evolve their retention strategies, organizations should assess their current communication practices. 

It’s a longstanding joke that every generation is suspicious of the ones that follow it—and rolls its eyes at the ones that preceded it. And of course there are stereotypes galore: Boomers are terrible with technology, Generation X hates everything, and Millennials are entitled.