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Working Conditions Prize
jordangiali
Posts: 43 XPRIZE
This prize would challenge teams to create a solution that awards a badge of certification to companies that treat their employees fairly and with dignity. It has the ability to monitor any and all workplaces for worker satisfaction and productivity. This certification would provide broader access to good quality jobs with living wages, stable scheduling, retirement benefits, child care, paid time off, and other non-wage benefits.
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The challenge is in the implementation. Many 'best places to work for"-type rankings that currently exist are easily gameable; companies have targeted campaigns to e.g. fill out enough surveys to make the list. This makes it very difficult for smaller or less resourced firms to compete.
In order for such a badge to have meaning, the organization or group issuing the badge would need to be able to do the following: a) trace fragmented supply chains to verify working conditions even for "down-chain" workers; b) be accessible to companies that may not have the money to lobby for prizes or put together campaigns; c) have some claim to objectivity.
Perhaps those would be some of the challenges prize participants would take on.
I wonder if this coronavirus outbreak will lead to a broader reevaluation of contracting, gig work, etc. As @Sandy points out, even if companies continue to pay their regular staff, they may not continue to pay contractors - and those are typically the lowest-paid and most precarious workers.
We are now redirecting our prize design toward a Rapid-Response Workforce Prize, which looks at this very issue as well. We'd appreciate your thoughts on that!
B-Corps: https://bcorporation.net
SistemaB (Latin America): https://sistemab.org/movimiento-global/
Management Innovation Exchange - MIX: http://www.managementexchange.com
Humanistic Management Network: http://humanisticmanagementwebsite.de
Conscious Capitalism: https://www.consciouscapitalism.org
Self-Management Institute - SMI: http://www.self-managementinstitute.org
Society for Organizational Learning - SoL: https://www.solonline.org
In addition to the above: Worldblue, Holocracy, impactHUB, and Beyond Budgeting