A Case for People Sustainability (Redefining Work Newsletter - Mar 1, 2023)
This week includes Josh Bersin's on HR trends of today, an inside look at how Spotify manages change, HR is a talent magnet, a new magazine exploring the new world of work, HR jobs, and more.
This week I had the pleasure of sitting down with Josh Bersin on the Redefining Work podcast.
He dropped a lot of wisdom as he always does. One of his 2023 predictions is the emergence of the term “people sustainability.”
“A lot of the things we do in HR — diversity, inclusion, pay equity, employee experience, engagement benefits — we look at them as improvements to the employee work- life balance or the employee value proposition at work,” Josh says. “But there's another way to think about them — is that they're really organizational sustainability strategies.”
People sustainability isn’t just a buzzword; it’s an umbrella term for the employer approach to human capital that’s gaining favor with regulators. In Europe, the Council of the EU recently gave final approval to a corporate sustainability reporting directive that requires companies to disclose how their business model addresses human rights issues. In the U.S., the Securities and Exchange Commission has proposed including human capital as a component of public companies' financial disclosures.
The challenge, Josh notes, is that most companies don’t have any data related to people sustainability. And while it’s an HR issue, he argues, this will fast become an issue for the entire C-suite.
Listen to the full episode
Articles discussed in this week's Digest (and more)
The Future Of Work And Beyond: Navigating Change With Intention (Spotify HR Blog)
How Hybrid Work Is Changing Offices of the Future (Wall Street Journal)
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Check out recent episodes of Redefining Work below.
Exploring HR Trends, People Sustainability, and Skills Infrastructure With Josh Bersin
The Entrepreneur Journey With Backstage Capital Founder and Managing Partner Arlan Hamilton
The Science of Happiness With 10x Genomics Chief People Officer Becks Port
Using Data to Improve Work With ADP Head of Research, People, and Performance Marcus Buckingham
Embracing a Skills-Based Approach in Hiring With Workday Chief People Officer Ashley Goldsmith
My favorite conference is coming to the U.S.!
I first attended my first RecFest in London in 2016. I had been following their first several events online and was blown away by the experience they seemed to be creating - a truly festival-style celebration of recruiting.
When I experienced it live, it exceeded my already sky-high expectations. I’ve been to five RecFests since and couldn’t be more excited that they’re expanding across the pond to Nashville this year.
Now is your chance to join the magic in Nashville September 13-14. Grab your early-bird tickets here.