What The Interns Are Saying & Quiet Quitting
Also: paying parents is still good
Recently Reading
Gen Z Shows TikTok What Life’s Like On Wall Street
Misyrlena Egkolfopoulou & Paulina Cachero, Bloomberg
Earlier this year I partnered with a large company to evaluate their intern program. This program can be found on most of the “best college internship” lists, has won many awards, and has decades of success. But the past few years, they’ve been light on candidates. One potential cause we identified was that the program described in major publications didn't match the program portrayed on TikTok and Reddit threads. This example and those explored in this article dig into how information transparency is continuing to shift conversations around comp, culture, and confidentiality in the workplace.
A Brief History of “Nobody Wants to Work Anymore”
Paul Fairie, Twitter
In light of “quiet quitting” please enjoy newspaper articles dating back to 1894 bemoaning the terrible work ethic of kids these days.
Cutting Parental Leave is Bad for Business
Josh Levs, MIT Sloan Management Review
The Wall Street Journal wrote an article last week about companies reining in the generous parental leave packages that were created at the height of the pandemic. This backpedaling will likely put a strain on retention efforts and research has shown that lack of parental support is bad for business. Trends I’ve long talked about, like the rise of dual-income households, egalitarian marriages, and assortative mating make parental leave an even more important consideration for candidates fielding multiple offers. If an organization is attempting to recruit ambitious talent from top-tier schools, generous paid parental leave is becoming non-negotiable.
Last week I had the opportunity to teach a half-day seminar at the Technology Leadership Institute at The University of Minnesota. The students were most interested in how to lead in the post-COVID era, particularly the balance of honoring flexibility and autonomy while maintaining culture. I loved the conversation, and I learned a lot from the students.
Work
This month I’ll be speaking in Orlando, Los Angeles, Dallas, Las Vegas, Minneapolis, and a few virtual events.
/Life
Until next month-
Kim
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