Today, over 90% of the SME workforces won the in-office debate for new hybrid-flexible work models. Last year, almost 50 million US workers walked off the job to do something else, aka over-hyped “Great Resignation.”
It’s a perfect storm for workforce turnover! In February’s US labor marketplace had over 3 million open jobs. Thus, the labor shortage should continue throughout 2022.
CEOs/CXOs continue to have stressful workforce conversations on too many open skilled positions and “innovation delivery risks.”
From now on, CXOs must understand that the workforce is redefining their relationship with employment for a better work-life balance. Here are five CXO actions to the Great Hiring Reset.