Article


Article

What it will take to change the narrative about career education

This resource may be shared with proper attribution to the organization.

The article discusses the growing issue of young Americans aged 18-24 not engaging in college or work, exacerbated by the pandemic. Despite high job vacancies, there's skepticism toward non-college education and job-training programs. The article highlights policy recommendations to integrate workforce training and higher education, stressing that both traditional and non-degree credentials are essential for economic mobility. The purpose is to advocate for a broader, more inclusive approach to postsecondary education and workforce training, aiming to enhance economic opportunities for all.

Article

Bridging the Advancement Gap

This resource may be shared with proper attribution to the organization.

To better understand frontline employee perspectives, McKinsey, in collaboration with Cara Plus, conducted separate surveys of frontline employees and managers of frontline employees across the country in March 2022. This article explores frontline employee career advancement in four parts: first, what frontline employees say they need; second, what employers perceive as the career advancement priorities of frontline employees; third, the common barriers to career advancement; and last, how employers can bridge the differences, with a focus on tactical actions to meaningfully improve career advancement outcomes.

Article

How does Gen Z see its place in the working world? With trepidation

This resource may be shared with proper attribution to the organization.

The purpose of the report is to explore and highlight the unique challenges and perceptions of Generation Z as they enter the workforce amid various global crises. It presents data from McKinsey's American Opportunity Survey, revealing Gen Z's higher likelihood of working multiple jobs, financial insecurity, mental health struggles, and pessimism about economic milestones like homeownership and retirement. The report aims to inform employers and other stakeholders about these generational differences to better support Gen Z in the workplace and address their specific needs and concerns.

Article, Research Report

Measuring Who Moves Ahead

This resource may be shared with proper attribution to the organization.

The 2023 American Opportunity Index evaluated nearly 400 large U.S. firms to produce key findings on how firms maximize their internal talent to drive corporate performance and the growth of their employees. It also raised significant disparities in promotion and retention among companies and underscores the business choice in talent management practices. Among their key findings are that large companies that excel in employee retention save up to $400 million annually on turnover costs, primarily by offering promotion opportunities and competitive wages. Additionally, top companies are 2.5 times more likely to promote employees and pay 68% more for the same roles, benefiting corporate performance and worker growth.

Article, Research Report

Failing on Purpose

This resource may be shared with proper attribution to the organization.

This survey explores the perspectives and experiences of those in closest contact with the American education system—namely parents, current students, and recent graduates. In partnership with YouGov, American Compass surveyed representative American parents young adults about their views on the purpose of public education; their reflections on the way that the school system has performed; and their desire for reforms to both K–12 schools and higher education. They found that Americans want (1) a public education system less focused on college, more focused on preparing people to build decent lives in their communities, and (2) education reforms to emphasize non-college pathways.

Filters

Filters

Article

What it will take to change the narrative about career education

This resource may be shared with proper attribution to the organization.

The article discusses the growing issue of young Americans aged 18-24 not engaging in college or work, exacerbated by the pandemic. Despite high job vacancies, there's skepticism toward non-college education and job-training programs. The article highlights policy recommendations to integrate workforce training and higher education, stressing that both traditional and non-degree credentials are essential for economic mobility. The purpose is to advocate for a broader, more inclusive approach to postsecondary education and workforce training, aiming to enhance economic opportunities for all.

Article

Bridging the Advancement Gap

This resource may be shared with proper attribution to the organization.

To better understand frontline employee perspectives, McKinsey, in collaboration with Cara Plus, conducted separate surveys of frontline employees and managers of frontline employees across the country in March 2022. This article explores frontline employee career advancement in four parts: first, what frontline employees say they need; second, what employers perceive as the career advancement priorities of frontline employees; third, the common barriers to career advancement; and last, how employers can bridge the differences, with a focus on tactical actions to meaningfully improve career advancement outcomes.

Article

How does Gen Z see its place in the working world? With trepidation

This resource may be shared with proper attribution to the organization.

The purpose of the report is to explore and highlight the unique challenges and perceptions of Generation Z as they enter the workforce amid various global crises. It presents data from McKinsey's American Opportunity Survey, revealing Gen Z's higher likelihood of working multiple jobs, financial insecurity, mental health struggles, and pessimism about economic milestones like homeownership and retirement. The report aims to inform employers and other stakeholders about these generational differences to better support Gen Z in the workplace and address their specific needs and concerns.

Article, Research Report

Measuring Who Moves Ahead

This resource may be shared with proper attribution to the organization.

The 2023 American Opportunity Index evaluated nearly 400 large U.S. firms to produce key findings on how firms maximize their internal talent to drive corporate performance and the growth of their employees. It also raised significant disparities in promotion and retention among companies and underscores the business choice in talent management practices. Among their key findings are that large companies that excel in employee retention save up to $400 million annually on turnover costs, primarily by offering promotion opportunities and competitive wages. Additionally, top companies are 2.5 times more likely to promote employees and pay 68% more for the same roles, benefiting corporate performance and worker growth.

Article, Research Report

Failing on Purpose

This resource may be shared with proper attribution to the organization.

This survey explores the perspectives and experiences of those in closest contact with the American education system—namely parents, current students, and recent graduates. In partnership with YouGov, American Compass surveyed representative American parents young adults about their views on the purpose of public education; their reflections on the way that the school system has performed; and their desire for reforms to both K–12 schools and higher education. They found that Americans want (1) a public education system less focused on college, more focused on preparing people to build decent lives in their communities, and (2) education reforms to emphasize non-college pathways.

Scroll to Top