Since 2008, more than 2.5 million new jobs were created in the most prosperous ZIP codes, while the least prosperous areas lost nearly 1.5 million jobs, according to research from the Economic Innovation Group. New jobs have flowed into cities, with rural areas across the country still yet to fully recover from the Great Recession. And within cities prosperity is not broadly shared; income inequality is higher in large cities than the country as a whole and wealth inequality has a large and persistent racial bias.
Opportunity Zone investments have the potential to address these economic divides by supporting small business growth and local ownership in communities that have thus far been left out of the recovery. But effort and expertise are needed to ensure that these investments create opportunities that reach people in the targeted communities, and that they extend to women, people of color, those who have been involved with the justice system, and others who have traditionally faced barriers to economic opportunity.
This event explores these issues and considers ideas to focus Opportunity Zone investments in ways that will create jobs and wealth for communities and support small business development and ownership in places that have for too long been left on the sidelines of the economy.
The personal and economic needs of gig workers can be as varied as the platforms they use. In what ways is independent work working for people? In what ways can it pose problems? How can we build systems in which gig work is good work?
As a society that encourages work, we need to also consider what the rewards for hard work should be. We know that working people need access to benefits such as health insurance and paid sick days, but who should provide them? What kind of flexibility do workers need and how well does that match with business needs for flexible access to workers? Can gig jobs support both thriving businesses and thriving workers and families?
This event explores the issues and opportunities facing gig workers and offers ideas for building supports to make gig work good work.
Food retailers play an important role in communities, serving as major employers and anchor institutions. But local chains are facing challenges from market consolidation, new competitors, and new technologies that threaten to alter business operations and replace workers. Some stores are finding ways to differentiate and improve business performance by investing in workers – which helps them create exceptional customer service and cater to local communities. Research by the National Grocers Association, the trade association for independent supermarkets, indicates that more than 80 percent of consumers still prefer their local store to an online alternative, and they value local, quality items and friendly staff.
This event explores how grocers can succeed – and can advance economic and racial equity – by investing in workers. Bringing together food access advocates, food retail leaders, and workforce development experts, we discuss what consumers, business owners, and policymakers can do to encourage good working conditions for the people behind our groceries.
Running a company with job quality in mind is good business, and a metric for quality jobs could improve decisions about where to invest, whom to lend to, and which companies to do business with. However, until now, there was no easy and consistent way to measure a businesses’ “people outcomes” and benchmark to industry peers.
In 2018, the Economic Opportunities Program’s Good Companies/Good Jobs Initiative, in partnership with Working Metrics, unveiled a new tool that assesses businesses’ job quality performance for frontline workers and benchmarks them against others. This tool is part of a unique nonprofit-for profit collaboration with Working Metrics to get this tool into the hands of investors and businesses’ procurement systems to help them include firms’ treatment of workers in their decision making – thereby creating strong incentives for business change.
This Working in America event includes a presentation on this tool and discussion with businesses who contributed to it and used it to improve their practices.
Throughout history, courts have played a key role in interpreting and enforcing the rules that govern work, balancing the rights and interests of workers and those of the companies they work for. How courts strike that balance has changed over the years and has influenced the continuing evolution of the relationship between workers and employers.
In this event, we hear from legal and economic scholars and worker advocates about the critical role that courts have in setting the rules for the employer-employee relationship and the impact these decisions can have on individuals and the economy.
The Aspen Institute Economic Opportunities Program, together with the Rockefeller Foundation, brought together a set of experts and individuals leading work in states and communities to discuss ways in which Opportunity Fund investments could finance ESOP conversion opportunities, and develop ideas to include employee share ownership within an Opportunity Zone’s inclusive economic development strategy in general. Based on the day’s discussion, the Economic Opportunities Program drafted a memo on how employee share ownership could contribute to the expansion of economic opportunity within Qualified Opportunity Zones and summarizes key issues regarding how to align the mechanics of investing in ESOP conversions with the regulatory framework governing Opportunity Fund investments.
While the low quality of many “essential” jobs became more apparent during the pandemic, the issue of low-quality jobs is longstanding. This publication is based on a survey of organizations about their efforts to advance job quality. Survey responses were gathered before the effects of the pandemic took hold, and understanding perspectives on job quality then can give us important insights as we tackle the urgent challenge of improving job quality now. Many organizations are working to improve job quality both within their own organizations and externally, but they face a variety of challenges. They are eager for more tools and resources to support their efforts.
In recent years, the United States grocery industry has become increasingly competitive and experienced unprecedented consolidation. In Chicago, 25 stores closed between 2015 and 2017 — bringing the total number of stores down to its lowest number since 2009. Independent, privately owned food retailers rate competition as their highest concern, followed by worries about hiring and retention. In 2017, sales declined for half of the nation’s independent grocers. Pete’s Fresh Market (Pete’s) offers a notable exception. Launched in the early 1970s as a small, full-service produce stand on the South Side of Chicago, today Pete’s has 13 stores in the city and plans to open five more in the next few years. This family-owned grocer recognizes what it takes to succeed in a rapidly changing industry. One key to Pete’s growth strategy is its partnership with Instituto del Progreso Latino (Instituto), a nonprofit organization committed to the fullest development of Latino immigrants and their families through education, training, and employment. Reimagine Retail, an initiative of the Aspen Institute Economic Opportunities Program funded by the Walmart Foundation, explores ways to enhance job quality and improve mobility for the retail workforce. In Chicago, we partner with a collaborative of workforce organizations, including Instituto, that is testing approaches to advance and retain workers in the retail sector. We caught up with Alita Bezanis, director of organizational development at Pete’s, and Yesenia Cervantes, dean of student services and community affairs at Instituto, who were eager to share how the partnership supports growth for Pete’s — and for Pete’s workers.
In Boston’s increasingly competitive hotel industry, what does it take to stay on top? The Omni Parker House, America’s longest continuously operating hotel – and proud originator of the Boston cream pie – earns its four-star Trip Advisor rating by investing in its most important asset: its people. The first step is meeting basic employee needs through generous wages and full benefits. But the key to the Omni’s exceptional customer service lies in recruitment, training, and performance management systems that empower frontline staff to make decisions, solve problems, and advance to management roles. The Aspen Institute recently spoke with Alex Pratt, Area Director of Human Resources at Omni Hotels & Resorts, a chain of 53 hotels that includes Boston’s Omni Parker House. Alex brings more than 25 years of experience in hospitality, and has achieved industry-leading retention and high employee satisfaction at the Parker House.
Hospitality ranks among America’s fastest-growing sectors, but millions of hotel workers are not reaping the rewards. Boston Education, Skills & Training (BEST) Corp. is solving this problem by providing best-in-class training that prepares workers to excel and engages hotels in discussions about the value of training. BEST was founded in 2004 as a nonprofit workforce development program focused on helping individuals develop skills and find good jobs in Boston’s hospitality industry. BEST serves nearly 500 job seekers and hotel workers each year, with training in English, computer skills, culinary skills, and industry-specific certifications like food safety. Through career coaching, BEST helps participants secure quality jobs and provides hotels with the skilled talent to thrive in an increasingly competitive industry. As the third prong of a productive labor-management partnership, BEST works closely with Local 26, the hospitality worker’s union, and its high road hotel employers. These 35 hotels pay a starting hourly wage as high as $21.43 to BEST graduates, and provide a generous benefits package, which includes career advancement training through BEST. BEST’s model programs benefit workers, hotels, and Boston’s regional economy by placing engaged employees in stable jobs. BEST reaches the working poor – particularly immigrants and people of color – and provides them with the opportunity to obtain a quality job and enter the middle class. Hotel partners report that BEST-trained workers bring the critical thinking skills and cultural competency to perform better with decreased turnover, contributing to stronger financial performance. The Aspen Institute’s interview with Alex Pratt, Area Director of Human Resources at Omni Hotels & Resorts, speaks to BEST’s vital role in preparing top talent and enabling operational excellence. The Aspen Institute recently caught up with Marie Downey, the founding Executive Director of BEST, and Joan Abbot, BEST’s Assistant Director, to learn more about how BEST partners with high road employers to prepare workers to excel in quality jobs.