As an employer, how are you managing the reality that many employees are not willing to come back to the office? How would that dynamic change if a recession suddenly hits?
This is the ‘pendulum market’ leaders everywhere are facing right now.
While employees currently hold the power in a competitive market for talent, wise leaders are managing expectations today while preparing for what could happen tomorrow. We’re already working with leaders through our client surveys and workplace strategy reports. Now is the time to plan.
Unemployment levels rising from 3.4% to 3.5% this morning is the first indicator of change. Should market dynamics shift, a recession would see key drivers for performance, productivity and growth becoming fundamental necessities as businesses face tougher times.
To counter this, leaders must encourage interpersonal relationships for workplace synergy, collaboration and innovation. Rich, healthy, direct two-way IN person communications are critical for multifaceted and creative work.
It’s a genuine dilemma.