5 Trends That Will Shape The Work Norm
What we have now come to realize in 2022 is that normalcy is no longer an achievable term, and with work, the trends are ever-changing to keep up with a volatile world. Work was most affected by these changes because quit rates became higher with more people realizing that their work situations were no longer favorable to them. Talents now have an upper hand to shape the future work norm and are forcing companies to respond with right-to-the-point actions. In this blog we will investigate the 5 trends that will shape the work norm, prepare ahead or you will see your best staff leaving.
Here are five trends that will shape work beyond 2022
1. Shorter work weeks incentives
Companies looking to keep more talents in the company are now offering shorter work weeks as incentives. Talents are seeking more remote or hybrid working spaces and will not work for companies that do not offer these. It is also a good news to companies, as they can afford quality productive staff.
It is still debatable whether this is an effective way. As far as 2022 work trends are concerned, shorter work weeks are being offered to talents. It will also be important to note that fixed working hour will be phased away as time went on.
2. Turnover rates will hit the roof
Talents now understand their value and are refusing to work for companies that do not provide the flexibility that they demand. There are certain things that talents seek when they apply for work in companies, and they include 401(k), health insurance, and the like. These days, talents have now added a flexible work schedule to the list of the things they demand from their employers.
If their employers fail to meet these demands, the talents will move to the next company in need of their services. This behavior is not only peculiar to new hires, but existing talents in the company are beginning to email HR with their new demands. Employers are a little adamant about meeting these demands if they believe it does not work with their company’s needs and cultures, and as a result, they are experiencing high turnover.
3. Company reputations will influence talent’s decisions
The working world has experienced an interesting shift in hiring talents. Before now, companies had to do background research on talents they were hiring and would often not hire talents who had a bad reputation. However, that has changed. Talents now do research on the companies they want to work for and will not work for any that has a poor record in labour relation.
Whenever a company is on the news of employees mistreatment, the talents they so badly need will elude them. A bad reputation is one of the talent acquisition mistakes many companies are making these days. Despite the threatening recession, talents would not take a company with a bad reputation, no matter the pay.
4. Companies will demand a return to offices
Recently, Twitter was agog with Elon Musk’s recent email outbursts about remote work. It would seem like he is not the only one sending those kinds of emails to his employees because more companies are taking these same steps. CEOs who cannot handle remote or hybrid work because they have been designed to control an active on-site working space are calling all their employees back.
There are a lot of reasons why they say they are doing this, but top on the list is the lack of efficiency, with strong evidence of their workers getting other jobs while working a full-time remote job. Companies are now forcing their employees to return to the office or lose their jobs. Knowledgeable talents are likely to take the latter option, especially if this does not come with juicy incentives. For example they are asking for an increase in salary to match the ‘new expenses’, incurring from returning to the office.
5. Mental health and well-being will take the front seat
Unlike before, when it seemed like companies only cared about the physical health of their workers, companies are now beginning to realize that mental well-being can affect the efficiency of their workforce and are now investing in the mental well-being of their workers. Employees can now get paid time-off to take care of their mental health and other mental healthcare benefits.
In conclusion, work normalcy has changed and will keep changing. Whether or not companies will adjust to fit this new system is dependent on them. One thing is sure; talents are changing along and are forcing companies to implement overhauls they used to avoid. This change will continue, in the words of Buzz Lightyear ‘To infinity and beyond.’. Sit up and work with a plan to weather through these trends that are going to shape the work norm.