Workforce

Companies are now struggling with over-hiring, leading many to conduct layoffs in order to prepare for a likely recession.

The quarterly survey showed that the number of respondents who want to be in the office full-time has dropped to a two-year low of 20%.

Millennials that see their position as more than “just a job” are three times more likely to stay on with their employer and two times more likely to feel valued.

According to Google senior vice president Prabhakar Raghavan, the company has noted that Gen Z are turning to TikTok to conduct searches instead of Google.

Research has indicated that current vaccines are less protective against new strains of Covid-19, leading workers to use their annual allotment of sick paid days.

The research shows that 68% of Black workers and 58% of mixed-race workers have experienced racial prejudice at work.

There are various reasons for the exit, including: long-winded hiring processes, better private sector positions, hiring freezes, and more.

“If a direct report is coasting or a low performer, they are not who we need; they are failing this company,” said Maher Saba.

Changes in workplace policies may not have occurred for another 30 years had it not been for the ongoing pandemic according to Anthony Klotz.

The embrace of remote and hybrid work policies has allowed inflation to greatly outpace wage increases according to a study from the NBER.