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Business Innovation Conversations
Through its successful Business Innovation Conversations series, SF Works and partnering organizations explore the symbiotic relationship between good employer and good employee. Past conversations have highlighted champions of specific employee practices and offering supports to help employers develop such measures in-house. Going forward, we will delve deeper into some of the challenges employers and lower-wage employees face in the high-cost-of-living Bay Area, especially in fiscally tight times.
Exemplary Practices
Below are some of the exemplary employment practices that the Business Innovation Conversations series examined to help employers offer, and encourage their employees to utilize, the following:
Remuneration & Savings
- Free checking accounts & direct deposit
- Financial education (on-site)
- Payroll debit cards
- Free tax prep (on-site)
- Emergency loans
- Savings bonds
- Equity sharing/stock options
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Work Supports
- Transportation assistance, including
- Flex spending transportation accounts
- Commuter checks
- Van pools &/or car share programs
- Employee Assistance Plans
- Flex Scheduling/Job sharing
- Wellness Programs
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Worker Engagement & Recognition
- Employee engagement, including
- Opportunities for employee input/feedback
- Employee representation on decision-making bodies
- Employee recognition, including
- Rewarding employee contributions
- Providing performance incentives; bonuses
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Worker Development, Education & Advancement
- Individual development planning
- In-house advancement opportunities
- Mentoring/shadowing programs
- ESL or literacy training (on-site)
- Tuition reimbursement/Education assistance programs
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