Leaders throughout the learn and work ecosystem all share some of the responsibility for taking steps to ensure that all workers have access to quality jobs.
Nevertheless, employers play a particularly crucial role in shaping people’s experiences as they enter the workforce and advance in their careers. In a rapidly evolving economy and a rapidly diversifying workforce, it’s essential for employers to support workers of all backgrounds as whole individuals and ensure that they have access to wraparound supports that enable them to navigate challenges effectively and succeed on the job. Businesses that prioritize the social and economic well-being of employees in this way, also known as Impact Employers, will have the most success attracting high-performing talent and building diverse workforces—efforts that will pay off in the form of a stronger bottom line.
Employees aren’t simply workers. When they show up to work, they may be juggling a multitude of challenges. They’re dealing with a nationwide child care crunch, coping with rising inflation, and trying to figure out how to navigate a complex and costly health care system.
Employers must consider how factors like lack of access to transportation, child care, elder care, health care, mental health services, and more can affect every worker’s ability to both arrive at the workplace and thrive in their careers. Acknowledging that reality challenges the notion that a strong work ethic is the only factor that determines career success.
The lack of access to foundational resources is a challenge that disproportionately affects Black people, making it especially important for employers to understand the factors that limit Black workers’ access to quality jobs and economic advancement opportunities. The research we conducted for this market scan revealed that employers who understand the circumstances of Black workers’ lives are in the best position to offer effective wraparound supports to their employees. This approach will not only help meet the needs of Black workers but also serve as a valuable framework for promoting the well-being of workers from other populations.
The labor market is full of skilled Black people who can drive innovation in the workplace and help their employers develop products and services that reflect the needs and interests of an evolving customer base.
Ensuring that your company supports employees facing systemic barriers that limit their access to resources that are essential for success on the job can have a positive impact on employees, companies, and the economy.
