Good Jobs: How B Corps are offering a wide range of quality job practices for their employees

Good jobs are vital for individual well-being, societal equity, and economic prosperity. Their positive effects extend beyond a single workplace to impact workers’ families and reduce inequality. They drive development by increasing earnings, empowering minorities, boosting efficiency, and fostering social cohesion.

A recent report by WorkRise, focused on the U.S., found that B Corps engage in more job quality practices than comparable companies - not just excelling in a single area, but by adopting a wider range of measures. 

Our research builds on the U.S. view, offering a global analysis of B Corp job quality performance structured around the Aspen Institute's Good Jobs Framework (economic stability, economic mobility, and equity, respect, and voice). This global whitepaper explores job quality practices across regions and compares B Corps to "Ordinary Businesses" (companies who have started B Lab’s B Impact Assessment, but do not necessarily prioritize social or environmental issues). It also examines the impact of these practices on worker and firm outcomes, imagining their potential for broader systemic impact towards a more just and equitable economy.

Piqued your interest? Here are five key findings from our research:

• B Corps across the world engage in a wide range of job quality practices. 

This includes allowing flexible schedules, training for new hires, and skills-based training.

• B Corps implement more job quality practices than Ordinary Businesses. 

A distinguishing feature of B Corps is not only outperformance on individual practices, but also implementing a greater number of practices altogether.

• B Corps show strong leadership in economic stability, economic mobility, and equity, respect and voice. 

B Corps excel in the three areas of Aspen Institute's Good Jobs Framework, ranging from career development and mobility to respecting the contributions people bring to an organization.

• Job quality practices have positive outcomes for both employers and workers.  

Adopting these practices positively correlates with Employee Engagement and Revenue among B Corps.

• These job quality practices have the potential to affect wider system impact.

Fair wages have the potential to contribute to inequality reduction, health and wellbeing, and company performance society and economy-wide, while training has the potential to address skills gaps, increase productivity, and provide a more engaged workforce. Read more on pathways to systems change for fair work here.

Learn more in our interactive whitepaper, including how companies in your region perform when it comes to job quality practices.