The Aspen Institute Economic Opportunities Program reposted this
The creation of #GoodJobs, with a living wage, benefits and opportunities for advancement and wealth building - is core to our investment goals. It's why we connect each business we finance with CEI's workforce experts (like Cynthia Murphy) to not only evaluate their current job offerings but to work closely with company management to identify opportunities for improvement that aligns with the company's resources and goals. Check out the new report from The Aspen Institute Economic Opportunities Program on how to build job quality featuring insights and practices from 22 practitioners (including CEI (Coastal Enterprises, Inc.)) across sectors from around the country who are leading efforts to improve work. https://lnkd.in/dNnkhhAE
Improving job quality isn’t just the right thing to do — it’s a smart, practical strategy that benefits workers, small businesses and the broader communities they serve. Trusted partners, like community development financial institutions (CDFIs), can make a meaningful difference. Through our Shared Success demonstration, we’ve worked with 11 CDFIs to explore how to support small business owners in strengthening job quality — and in turn, their resilience. Aspen EOP’s job quality advising guide, “Building Shared Success: A Guide to Small Business Job Quality Advising for CDFIs,” was developed in collaboration with business advisors based on this experience. Recently we hosted a webinar to discuss our job quality advising guide to help advisors talk with small business owners about creating good jobs. We also shared first-hand findings, from key areas of opportunity to client success stories. We’re excited to share the expertise and strategies of several CDFI leaders, including Amanda Blondeau (Northern Initiatives), Cynthia Murphy (CEI (Coastal Enterprises, Inc.), and Delphine Ntegeye (African Development Center). Thanks again to these outstanding leaders who joined us at the The Aspen Institute’s Economic Opportunities Program webinar that aired live in June — watch it here! https://lnkd.in/gPqcB_4S #JobQuality #AspenInstitute #SmallBusinessSupport #SharedSuccess #CDFIs