The coronavirus pandemic has shown that too many workers in America are one missed paycheck away from financial devastation. As the nation responds to and recovers from the coronavirus, redesigning the economy around good jobs must be a priority. The National Fund for Workforce Solutions will expand its job quality portfolio to invest in the financial resiliency of frontline workers.
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With a new $2 million grant from Prudential Financial, the National Fund will expand its already robust job quality portfolio to include more communities coming together to build an inclusive economy on the foundation of good jobs. The National Fund will work with employers and workers using a proven, flexible model for redesigning frontline jobs to make them better. The National Fund will also lead employers through essential, but challenging conversations around racial equity and inclusion in the workplace. Taking a holistic approach to job redesign, employers and workers alike can thrive.
“The pandemic has presented a unique opportunity to redesign a more inclusive economy,” said Janice Urbanik, director of innovation and strategy at the National Fund. “In the wake of the Great Recession, we focused too much on just training and placing workers into whatever jobs were available – most of which didn’t offer the stability workers needed. We must focus on building economy-boosting jobs where workers, employers, and communities can thrive.”
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In line with their belief that financial security should be within the reach of everyone, Prudential is focused on equipping underserved communities with the support needed put them on a path to social and economic prosperity.
“The disparities the pandemic has brought to light further demonstrate the need for quality jobs for all,” said Sarah Keh, Vice President of Social Responsibility & Partnerships at Prudential Financial. “As we work to build back from COVID-19 more equitably, our partnership with The National Fund will reimagine jobs to be more inclusive and give workers the skills of the future, putting them on the path to financial security.”
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