Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Workspaces Run Better On UltraSoftBIS
Home News Workforce

Companies Are Bracing For A Recession By Sacrificing Employee Satisfaction

According to Qualtrics’ 2023 Employee Experience Report, employee expectations are still shifting, but employers are holding their ground.

Aayat AlibyAayat Ali
November 15, 2022
in Workforce
Reading Time: 2 mins read
A A
Companies Are Bracing For A Recession By Sacrificing Employee Satisfaction

More stories for you

Coworking Is Moving Into Apartment Buildings As A Powerful CRE Strategy For Tenant Retention

Coworking Is Moving Into Apartment Buildings As A Powerful CRE Strategy For Tenant Retention

10 hours ago
Microsoft Saving More Than $500 Million Using AI While Slashing Jobs, Bloomberg News Reports

Microsoft Saving More Than $500 Million Using AI While Slashing Jobs, Bloomberg News Reports

19 hours ago
China Rolls Out Job Support Plan To Curb Youth Unemployment, Protect Struggling Firms As Trade Pressures Mount

China Rolls Out Job Support Plan To Curb Youth Unemployment, Protect Struggling Firms As Trade Pressures Mount

19 hours ago
From Lecture Halls To Offices, Is The Future Of Work Just Bots Talking To Bots

From Lecture Halls To Offices, Is The Future Of Work Just Bots Talking To Bots?

1 day ago

As the year comes to a close, companies are grappling with many of the same issues that have plagued the workforce in recent years.  

So is more of the same expected in 2023? Well, sort of. 

Advertisements
Workspaces Run Better On UltraSoftBIS

According to Qualtrics’ 2023 Employee Experience Report, employee expectations are still shifting, but employers are holding their ground. Of the 29,000 workers surveyed, two key factors seem to be impacting worker preferences: burnout and purpose.  

Support and the desire to do meaningful work is a top priority for many, and in 2023, workers will focus their job hunts on companies that can offer both. 

Advertisements
Yardi Kube automates flex and coworking operations

“[As] the economic picture shifts and people focus on their basic needs, clear and open communication are essential,” said Dr. Benjamin Granger, chief workplace psychologist at Qualtrics. 

“Employees want reassurance that their jobs are secure, and that they’ll get some relief from burnout after the disruption brought on by the confluence of COVID, an economic downturn and geopolitical events.” 

However, an incoming recession may stave off relief. The survey shows that employee satisfaction dropped six percentage points from one year ago, coinciding with companies looking to cut corners in an effort to stay afloat. 

“Pay is understandably top of mind for employees, but organizations should also understand what tradeoffs they may be willing to make when it comes to pay to retain top talent,” said Granger. “Additionally, companies should conduct regular analyses to make sure employees are paid fairly with their industry peers.”  

While limiting pay raises and costly benefits may seem like the logical move for companies in an uncertain economic climate, workers who are burned out may end up costing companies more. 

Advertisements
Maximize Flexible Space Revenue

“While we often think of heavy workloads, inefficient and bureaucratic processes are also big problems when it comes to employee burnout. We must listen to employees to understand what obstacles they’re running into, and then remove them,” said Granger. 

Source: Business Wire
Tags: Workforce
Share6Tweet4Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Coworking Is Moving Into Apartment Buildings As A Powerful CRE Strategy For Tenant Retention
Coworking

Coworking Is Moving Into Apartment Buildings As A Powerful CRE Strategy For Tenant Retention

byEmma Ascott
10 hours ago

Coworking grows as a value-add amenity, turning dead space into retention and revenue potential.

Read more
Microsoft Saving More Than $500 Million Using AI While Slashing Jobs, Bloomberg News Reports

Microsoft Saving More Than $500 Million Using AI While Slashing Jobs, Bloomberg News Reports

19 hours ago
China Rolls Out Job Support Plan To Curb Youth Unemployment, Protect Struggling Firms As Trade Pressures Mount

China Rolls Out Job Support Plan To Curb Youth Unemployment, Protect Struggling Firms As Trade Pressures Mount

19 hours ago
From Lecture Halls To Offices, Is The Future Of Work Just Bots Talking To Bots

From Lecture Halls To Offices, Is The Future Of Work Just Bots Talking To Bots?

1 day ago
Advertisements
Nexudus - Tech Stack Lovers
Advertisements
Workspaces Run Better On UltraSoftBIS

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00