Britain Outlines Details of Closely Watched Workers' Rights Plan
Despite a rapidly changing business landscape, the business case for diversity, equity, and inclusion (DEI) not only holds, but grows even stronger. In our research, we continue to explore the link between diversity and holistic impact. - McKinsey & Company
McKinsey highlights how diversity in leadership is increasingly linked to better business outcomes and broader social impact. Companies with diverse executive teams show higher financial performance, and ethnic and gender diversity at the board level also contributes significantly. Beyond financial gains, diversity is tied to holistic impact, benefiting communities, workforces, and the environment. The report emphasizes the need for companies to embed diversity, equity, and inclusion (DEI) in their core strategies to drive sustained growth and broader stakeholder impact. > View the full article.
Diversity Matters Even More: The Case for Holistic Impact
Source: : McKinsey & Company
Britain has introduced a landmark plan to strengthen workers' rights, marking the most extensive employment law reforms in decades. Some of these initiatives aim to:
Ban controversial "fire-and-rehire" practices
Increase statutory sick pay
Improve protections for gig economy workers
Additionally, the plan promotes flexible working arrangements to enhance work-life balance. These reforms reflect the government's response to growing concerns over fair treatment and labor conditions, especially following the impacts of the pandemic.
Source: Reuters