University at Buffalo School of Management

Autumn 2022 Buffalo Business 3 School takes over the U.S. Private Sector Job Quality Index Economists, policymakers and finan- cial market participants have been using the U.S. Private Sector Job Quality Index ( JQI) since 2019 to assess job quality in the United States. Now, this acclaimed index has a new home in the School of Management. The JQI assesses job quality in the U.S. by measuring desirable higher-wage/ higher-hour jobs versus lower-wage/lower- hour jobs. Results also may serve as an indi- cator of the overall health of the nation's jobs market, because the index enables regu- lar tracking of the direction and degree of change in high-to-low job composition. "Regular headline employment data, such as unemployment rate and the total job formation, doesn't tell the whole story," says Cristian Tiu, associate professor and chair of finance. "The truth is that a lot of American jobs don't pay well, and when measured in relative weekly income, have been declining in quality for at least three decades." Enter the JQI, which, together with its companion release—the JQInstant™— provides a way of tracking the actual qual- ity of jobs in real time as employment data is released by the U.S government, like a monthly report card on how jobs are really doing. UB's JQI team is led by faculty and graduate students from the School of Management, in collaboration with faculty from the College of Arts and Sciences and the Law School, as well as affiliated adjunct faculty. Watch a video overview at bit.ly/ jqi-video, and visit jobqualityindex.com to learn more. Leadership lessons The school's Center for Leadership and Organizational Effectiveness hosted a successful annual conference in April, with more than 185 attendees in person and online. Four keynote addresses and 12 break- out sessions were tied together by a theme of "Leading ethically in the new world of work." Below are a few takeaways from the daylong event to help you and your organi- zations make the most of your talent. "Leaders should care about the impact their organization has on all of its stakehold- ers, taking their contributions, needs and interests into account so it will have a strong foundation for the future." Kent Keith Author of Anyway: The Paradoxical Commandments "Many leading philosophers have argued that the definition of wisdom is the ability to hold two contradictory thoughts in your head—for instance, your own opinion, and that of someone who disagrees with you—and to understand how a good and reasonable person might come to either conclusion." James Lemoine Associate Professor of Organization and Human Resources, and Faculty Director, CLOE "Reflect on your identity, embrace it and remember there is only one of you with your unique strengths." Dorothy Siaw-Asamoah Clinical Associate Professor of Organization and Human Resources, and Faculty Director, Global Programs "Because they embrace the idea that others matter—as do their dreams and aspira- tions—servant leaders find joy walking alongside others, growing and becoming together." Clion LeMoure Taulbert Entrepreneur, Pulitzer nominee, international lecturer and CEO Keith, Siaw-Asamoah, Lemoine and Taulbert.

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