Tag

Workforce And Employment

All articles tagged with #workforce and employment

workforce-and-employment2 years ago

Insights from Those Who Joined the Mass Exodus of Job Quitters

BuzzFeed and Reddit users have shared their experiences of quitting their jobs as part of a mass exodus, citing reasons such as poor management, low morale, unfair treatment, and unethical practices. Instances include disrespectful bosses, pay cuts, reorganizations, toxic work environments, and financial mismanagement. These stories highlight the ongoing "Great Resignation" trend as employees seek better working conditions and opportunities elsewhere.

workforce-and-employment2 years ago

The Challenges of Finding Remote Work for a Gen Xer

A Gen Xer who had been working remotely for two decades quit his job after his company ordered him back to the office. Despite his extensive experience, he has been struggling to find another remote job as remote job postings are decreasing and more companies are adopting hybrid work environments. The shift back to in-office work is impacting individuals like him who prefer the concentration and flexibility of remote work.

workforce-and-employment2 years ago

"Workers Seek Flexibility: From 4-Day Workweeks to European-Style Vacations"

A recent survey by Bankrate found that 89% of full-time workers are in favor of remote and hybrid work or four-day work weeks. Over half of workers said they would be willing to switch jobs or industries to obtain their desired schedule. While some companies are pushing for a return to full-time in-office work, many sectors are still open to remote work. Career experts suggest that workers can negotiate for flexible schedules by doing their research, highlighting the benefits of remote work, and offering a trial run. If employers are not open to flexibility, workers may consider updating their resumes and seeking positions elsewhere, being upfront about their preferences during the job search process.

workforce-and-employment2 years ago

The Surprising Consequences of Forced Office Returns Revealed

Reports from Greenhouse, the Federal Reserve, and Unispace highlight the damaging consequences of mandated returns to the office. Unispace found that 42% of companies experienced higher employee attrition than expected, while 29% struggled with recruitment. The Greenhouse report revealed that 76% of employees would consider leaving if flexible work schedules were revoked, with underrepresented groups being 22% more likely to seek other options. The Federal Reserve's survey equated the shift from flexible to traditional work to a 2-3% pay cut. These findings emphasize the importance of flexible work policies in talent acquisition and retention, with employees ranking it as a top priority alongside compensation and job security. Real-life cases also mirror these findings, with companies experiencing decreased attrition rates and increased job applications after implementing flexible work policies. Understanding cognitive biases such as the status quo bias and anchoring bias can help create a workplace that attracts and retains employees in the new age of flexibility.

workforce-and-employment2 years ago

The Rise of Older Workers: A Shift in the Workforce Landscape

A global study by Bain & Company predicts that by 2031, older workers will make up more than a quarter of the workforce in the Group of Seven countries, with a total of 150 million jobs shifting to workers over the age of 55 by 2030. This trend is not limited to developed markets, as China's elderly population is also expected to double by 2050. The study highlights the need for companies to invest in recruiting, retaining, and reskilling older workers, as their motivations and priorities differ from younger workers. To tap into the motivations of older workers, companies should design workplace experiences that offer interesting work, autonomy, flexibility, and opportunities for skill development.

workforce-and-employment2 years ago

Navigating the Return-to-Office: Recognizing the Nuances of Different Employee Types

Return-to-office debates often fail to consider the nuanced needs of different employee types. Younger employees may benefit from in-person guidance and social connections, while senior employees, especially those with children, may find remote work more effective. Companies that were already remote-first tended to focus on senior workers with established expertise. The pandemic has highlighted the importance of considering employee demographics when designing workplace policies. Many companies are adopting hybrid schedules, but tensions and backlash persist as employers seek to regain control over remote work arrangements.