Are there any current legal trends/risks or upcoming regulatory changes that might affect talent retention and people culture?
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SVP Business & Legal Affairs in Mediaa year ago
The Supreme Court's recent decision on affirmative action in academia has created a complex environment for employers of all industries...Assessing whether these same parameters apply to affirmative action, inclusion/diversity/equity and similar programs in the corporate setting is a challenge that will go to the center of both talent retention and people culture. Legal Managera year ago
Remote work has significantly influenced talent retention and the overall people culture within the legal industry. The key question is how to create an environment that attracts employees and makes them feel like integral parts of the organization, even when they're not physically in the office. Many companies are reevaluating their office spaces, some even downsizing them, favoring more representative offices. Striking the right balance between an attractive work environment and the flexibility that prevents employees from feeling trapped is crucial. This is one of the most significant trends and challenges we face in the legal industry today, especially because offering flexible work arrangements will vary amongst countries and localities.Cultural considerations also play a role. For instance, I have colleagues who initially moved to larger cities for work but returned to their hometowns when hybrid working became an option. In the job market today, it's rare to find positions that require employees to be in the office five days a week, as most companies offer a hybrid model since full remote work can sometimes be seen as too disconnected. While companies generally prefer having their employees located nearby rather than being entirely spread out, flexibility is key. Companies can explore various alternatives, such as allowing certain employees to spend a few weeks in a specific location and then return to their remote work setup. Most importantly, decision-makers must understand that one size doesn’t fit all.