As Americans deal with COVID-19 and unrelenting calls for social and racial equality, in addition to everyday stress, company leaders are turning to third-party mediators to help ensure the well-being of their staff and businesses.
Nikki Silvestri, senior advisor at JumpScale, told Cheddar that good workplace morale and health are essential to a flourishing business.
"Well-being is no small thing. The U.S economy loses about $300 billion a year due to a lack of well-being," she said.
JumpScale works with investors and philanthropists to develop strategies and tools that help find balance for employees and successful business operations.
"We try to bridge that gap and make sure investors get that two times higher return if they look at the well-being of their businesses and their nonprofits," Silvestri explained.
While prosperity in the workplace has always been the focus for Silvestri and JumpScale, the coronavirus pandemic has allowed the company to expand its toolbox as the need for companies to assess their overall workplace health goes up, she told Cheddar.
"JumpScale has a Good Clean Well scorecard where we assess 50-plus points of what well-being looks like in a business, and if businesses can do that, then they can make sure that they can reach their customers, that they can pivot, and that they can adapt," Silvestri explained.
A number of factors, according to Silvestri, can affect workplace well-being which includes encouraging employees to take vacation time and providing a diverse work environment; and for investors and philanthropists unsure of why their businesses may be lacking, assessing those points is key.
"You have to cycle your people through. They have to have rest," she said. "It's just very nuanced around having a just, subtle approach to operations and relational approach to operations."
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
