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Since employers are incorporating skills-based hiring into their recruitment of entry-level college graduates, VanDerziel said, “[Students] need to be prepared to both articulate and demonstrate their competency proficiency in hiring materials, during interviews and in other assessments.”

Underscoring that as the recession effects start to materialize, organizations will need to be increasingly flexible, or they will feel the brunt of the labor shortages and economic ramifications that come with a slowdown.

Provide robust communication materials.

Use of DEI (or any ESG) metrics should be informed by the materiality of the metric to the business.

“Employers that offer a contribution might also be doing a better job informing workers of the benefits HSAs offer, offering webinars or seminars and other educational materials, or conducting outreach,” he said.

Establish guidelines for standard communications material templates, plan documents and plan policies.

Using cheaper materials and/or personnel and cutting corners on quality can lower the cost, but can result in a product that is inadequate.

Amazon.com is “winding down outdated programs and materials” related to representation and inclusion, aiming to complete the process by the end of 2024, as seen in a December memo.

The remaining 18% are in the consumer discretionary, consumer stables, healthcare and materials sectors.

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