BLUF

Employers hoping to return to a traditional workplace where you leave your home to go to work are likely to be disappointed.

Summary

Jessica Yun from The Sydney Morning Herald highlights how the expected ‘great resignation’  is likely to force employers to adapt work practices to retain and attract employees. If they can’t, they risk an exodus of tenured company knowledge. Here are some of the anticipated changes:
  • Salary increases and the option to work remotely are no longer draw cards
  • Workers are now expecting a hybrid arrangement—with more time at home
  • People have become more invested in their lifestyles over the last two years, and they don’t want to go back to the old ways.
  • The office needs to focus much more on meaningful human interaction, everything from ideation (creativity) to complex problem-solving and conflict resolution.
  • Employees are less and less attracted to ‘transaction incentives’.

References

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Source Information Sydney Morning Herald: