Inside: Peloton & Spotify memos, IC jobs, happenings
Insider Comms for internal comms
❤️ This coming Monday is Valentine’s Day. Will you be mine?
Why do employees leave?
According to a new report from MIT:
Corporate culture is more important than burnout or compensation in predicting which companies lost employees at a higher rate than their industries as a whole.
A toxic corporate culture is the single best predictor of which companies suffered from high attrition in the first six months of the Great Resignation.
A failure to recognize performance is likely to drive out a company’s most productive employees.
The authors are clear: “this is not to argue that compensation and burnout don’t influence attrition — of course they do. The important point is that other aspects of culture appear to matter even more.”
Why do employees stay?
Here’s one reason anyway.
In an interview with The New York Times, Ranjay Gulati, author of the newly published Deep Purpose: The Heart and Soul of High-Performance Companies, says:
Connecting with a deep purpose is motivational and drives productivity. It’s good for reputation because customers trust companies and products that stand for something. It provides clarity of direction for businesses and workers and it improves relationships with stakeholders.
Happenings
Beyond Employee Engagement: 3 Ways to Increase Your Business Value and Influence, Feb 16 (Poppulo).
The Power of a Modern Intranet to Connect Employees Across Locations, Feb 16 (IABC Philadelphia).
The Modern Intranet 101, Feb 17 (Simpplr).
The Institute of Internal Communications Awards 2022 are now open for entries. Early bird submissions close March 25.
Poppulo’s Engage 2022 happens May 10-11 (virtually, free).
The IABC World Conference happens June 26-29 in NYC.
Job Postings
Netflix - Manager, Internal Comms
Opendoor - Senior Internal Comms Manager
home - Employee Experience Strategist (UK)
Fiverr - Creative Storyteller, Who's Also a Communications Associate
Tommy Hilfiger & Calvin Klein - Junior Specialist Communication
GitLab - Internal Communication Program Manager
CultureAmp - Internal Communications Manager (Australia)
Atlassian - Project Manager, IT Communications
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In Other News
💻 Hybrid desk work passes 50% (Axios)
💸 Stuttgart-based startup Flip, which offers a messaging-based employee app for blue-collar (deskless) workers, raised $30m in Series A funding (sifted)
😟 ByteDance (owner of TikTok) eliminated their Talent Development team (CNBC)
Insider Comms
This week the CEOs of Spotify and Peloton sent all-employee memos to address ongoing crises.
Spotify CEO Daniel Ek wrestled with how being the home of controversial podcaster Joe Rogan “squares with our values.”
Read the memo (Mister Editorial)
Peloton CEO Barry McCarthy wasted no time. On day one in his role as the new CEO, he shared with the company his love for Peloton, a vision for the company to become a great “comeback story,” and his management style.
Read the memo (Mister Editorial)
You’re all caught up! Byeeeeeee.
Connect with me on LinkedIn and Twitter | Mister Editorial archive | editorshaun@gmail.com
Disclaimer: Besides running Mister Editorial, I work in employee comms at Splunk. The views in this newsletter are my own.