This shared definition of job quality was created collaboratively by leaders in business, labor, workforce development, and policy as part of the Good Jobs Champions Group, an initiative of the Aspen Institute Economic Opportunities Program and the Families and Workers Fund. The definition provides a framework for understanding job quality, dividing the components of a good job into three categories: economic stability, economic mobility, and equity, respect & voice.
The Fair Labor Standards Act (FLSA) of 1938 established the federal minimum wage and overtime pay, created a standard work week, and prohibited children’s employment in dangerous conditions. But the FLSA doesn’t cover everyone — the legacy of biases against professions largely occupied by women and people of color — and it has suffered setbacks over the years. In this event, panelists discuss what what lessons we can learn from the FLSA, innovations to create a more just economy that rewards work fairly, and how we can restore the commitment to a fair day’s pay for a fair day’s work.
One year after the start of the COVID-19 pandemic, about half of non-retired adults said its lingering consequences would make it harder for them to meet their financial needs and goals. This event focuses on what companies can accomplish when they strive to improve the financial health and resilience of their workers. Senior executives from major companies discuss how they came to prioritize this issue, some of the surprises and challenges encountered, and lessons that others can build on. The companies represented on the panel are part of the Worker Financial Wellness Initiative, which was launched in October 2020 by PayPal and JUST Capital, in collaboration with the Financial Health Network and Good Jobs Institute.
Promoting Equity and Inclusion and Connection to Good Fit Jobs for Young Adults describes three categories of practice for employer engagement including leveraging political and financial incentives to influence employer practice change; acltivating connections between employers and young adults to influence employer practices; and working with employers to change practices from the inside. We hope this new publication will be helpful for workforce practitioners looking to engage with employers around supporting equity and inclusion in the workplace and to expand good-fit jobs in their communities.
Improving job quality not only transforms workers’ lives, but it also benefits businesses’ performance and bottom lines. Highlighted in this brief is Sunrise Treatment Center, a leader in the addiction treatment sector that provides stable, sustainable jobs. Founder Dr. Jeffrey Bill, Chief Operating Officer Steven Smith, and Chief Human Resources Officer Brett Burns developed strategies to simultaneously meet the needs of their patients and their commitment to employees. Sunrise Treatment Center saw sustained growth and improvement in both capacity and caregiving by ensuring that the focus of the organization was explicitly two-fold: to provide the highest quality treatment for patients with substance abuse issues and mental illness, and to offer a great place to work for employees.
In “To Build Back Better, Job Quality is the Key,” Maureen Conway (The Aspen Institute Economic Opportunities Program), Jeannine LaPrad (Corporation for a Skilled Workforce), Amanda Cage (National Fund for Workforce Solutions), and Sarah Miller (Federal Reserve Bank of Atlanta) make the case that improving job quality should be a central goal of economic recovery and rebuilding efforts, and they lay out practical policy ideas toward that end. The report includes a framework illustrating the multiple dimensions of job quality and outlines the variety of institutions and organizations that can play a role in improving job quality. Particular attention is given to the role of federal policy and to the practices of local governments, economic development, and workforce development organizations.
Drawing on recent research, this issue brief – co-authored by the Aspen Institute Economic Opportunities Program, the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers School of Management and Labor Relations, and the Democracy at Work Institute – makes a case for why policymakers, funders, and investors who care about racial and gender wealth equity should support employee share ownership. Informed by a roundtable discussion which brought together researchers, philanthropic leaders, investors, policy experts, and advocates, the paper provides a set of concrete policy and practice ideas to expand employee ownership and advance equity and economic justice. We hope this paper contributes to a broader collaborative effort to spread employee share ownership policies and practices that support economic recovery and lay the foundation for a more equitable and resilient economy.
This resource from the National Center for Employee Ownership offers a quick overview of four forms of employee ownership: Employee Stock Option Plans (ESOPs), Equity Grants, Employee Owned Trusts, and Worker Cooperatives. The resource gives an introduction to which types of companies these forms of employee ownership are best suited to, the tax implications, how equity works within each model, and more questions on governance and execution.
This research brief and landscape analysis focuses on pervasive racial disparities in elements of job quality (e.g., pay, health & safety, adequate hours) and some of the causes behind them. The authors pull together research on established laws, institutional practices, and cultural norms (e.g., occupational segregation, nonstandard work arrangements like the independent contractor classification, hiring discrimination) to create a cohesive narrative outlining how these structures have resulted in systemic disadvantages and discrimination for workers of color, particularly Black workers. These racial disparities not only persist today but were magnified during the ongoing COVID-19 and resulting racial reckoning. Individuals involved in work influencing policy decisions and institutional practices to improve labor market opportunities for workers of color may find this resource helpful.
This brief provides a framework to help HR leaders design benefits programs aimed at improving employees’ financial health, a common equity concern and component of job quality. The guidance offered centers equity approaches such as broadening access to supports and targeting outreach efforts to financially vulnerable groups. Employers who are interested in embedding a DEI lens into the design of their benefits programs and closing financial health gaps among their workforce may find this resource helpful. Workforce development and worker advocacy professionals may also want to share this with their employer networks.