In this podcast I discuss the ever-changing role of Labor in our economy, our companies, and our own personal lives. The word “labor” is really an old-fashioned idea, but we still have the US holiday, so I wanted to unpack what it now means.
As you’ll learn Labor Day is a time to think about hiring, pay, development, and diversity as well as productivity, labor unions, the impact of tips and income inequality, and the enormous role of HR as an ombudsman between “labor” and “management.” And yes, AI is going to force us to think deeper about what “people” do in our companies.
Remember that we’re all “labor” and every employee is a human being. So while US Labor Day was originally a way to celebrate unions and organized labor, let’s also think broader about all the value-based investments we make in every person in our companies.
Keywords:
Labor Day, labor movement, workers, economy, automation, technology, labor shortage, skills shortage, investment in employees, unions, fair pay, benefits, working conditions, income inequality, HR professionals, Boeing, Starbucks, employee activation
Chapters:
00:00 The Importance of Workers in the Economy
02:11 Automation and the Changing Labor Force
04:07 Investing in Employees to Attract and Retain Talent
14:37 The Role of Unions in Advocating for Fairness
17:48 Addressing Income Inequality
20:08 The Role of HR in Supporting Employees
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