Future of Work Roundup - week of April 24
Apr 24, 2023
Welcome to the Future of Work Roundup. Each week, we bring you five top stories—drawing from the latest academic research and industry trends—to give you an easily-digestible snapshot of how work is changing—and why it matters.
Tax credits for companies adopting a 4-day workweek in Massachusetts
Business Insider reports that a new Massachusetts bill proposes incentives for companies that adopt a four-day workweek. The bill aims to boost workers' satisfaction and productivity and follows a UK study that found a shorter workweek reduced stress and anxiety.
Google CEO’s 2022 compensation is valued at $226M
The Wall Street Journal reports that Google CEO Sundar Pichai was awarded a 2022 compensation package worth $226 million, including a $200 million stock award. This represents a decrease from Pichai’s 2019 compensation of $281 million. The package comes amid cost-cutting measures at the company, including lower bonuses for top executives and expected spending cuts.
Align Your Job Search with Company Values on LinkedIn
Quartz reports that LinkedIn’s new Commitments feature allows job seekers to filter companies based on shared values, such as work-life balance and environmental sustainability. This innovative tool empowers users to find employers that align with their priorities, sparking curiosity about how it could revolutionize the job search process.
AI’s Growing Influence n Industry Leaders
In an article by Ashley Peterson on LinkedIn, it is highlighted that ot just big tech, but employees across various industries are experiencing the impacts of artificial intelligence on their businesses.
Consulting Firms Postpone M.B.A. Starts Date
The Wall Street Journal reports that McKinsey & Co and Bain & Co. are delaying M.B.A. hires’ start date, causing anxiety among graduates. With job postings declining and EY cutting employees, the consulting industry’s future seems uncertain
Thanks for reading. Stay tuned for next week’s Future of Work roundup.