What I read this week...
A new framework ties human capital management to company valuation, Canada is trying to hoover up US H-1B talent, and how companies are trying to retain their most important individuals with cash.
CalPERS, Schroders Launch Framework Tying Human Capital Management And Value (Pensions & Investments)
CalPERS (California Public Employees' Retirement System) and Schroders have developed a framework that links human capital management practices to long-term value creation. The framework aims to assess how companies manage their human capital, including aspects such as diversity, employee engagement, and talent development, and how these practices contribute to sustainable investment outcomes. The goal is to integrate human capital considerations into investment decision-making and encourage companies to prioritize effective management of their workforce.
Canada Woos American H-1B Visa Holders Fed Up With U.S. Immigration System (WSJ)
Canada is actively attracting American H-1B visa holders who are dissatisfied with the U.S. immigration system. By offering easier pathways to permanent residency and job opportunities, Canada aims to lure skilled workers and capitalize on the challenges faced by H-1B visa holders in the United States.
Bosses Pay Workers to Move Closer to Offices (WSJ)
Some employers are offering financial incentives to encourage employees to relocate c closer to the office. These incentives aim to counterbalance the remote work trend and reestablish in-person work environments.
What Motivates C-Suite Execs To Seek New Jobs (HR Dive)
The departure of CIOs from organizations can lead to a domino effect of talent turnover within the IT department. To address this issue, organizations are adopting strategies such as increasing salaries, providing better work-life balance, and offering professional development opportunities to attract and retain skilled tech professionals.
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal (WSJ)
United Airlines pilots are set to receive significant pay increases of up to 40% under a preliminary agreement with the pilots union. The deal aims to address pilot shortage concerns and improve the airline's competitiveness in attracting and retaining experienced pilots.
What a weird and wonderful world,