What to expect from the workplace in 2023.
In this week's Careers Newsletter, BoF's Workplace and Talent Correspondent Sheena Butler-Young lists The Workplace Trends That Will Define 2023. For talent leaders, this year was all about crisis management: workers quit at record rates and a labour shortage made those jobs difficult to fill. Companies struggled to set new policies on everything from salaries to remote work as the pandemic's aftereffects worked their way through the labour market. As the labour shortage peaked in 2022 and "The Great Resignation" proved companies shouldn't presume employee loyalty, more companies are starting to tilt their talent investment toward retention over recruitment, experts say. With hybrid work models becoming the norm and more employees expecting flexibility and balance in their day-to-day, fashion firms need to pay attention to how new ways of working impact their company culture and ensure that their leaders are able to foster community and measure employee performance in an equitable way. New and evolving leadership roles in areas like diversity, sustainability and environmental, social and governance could also take shape significantly in 2023 as more regulations in the UK and the US take effect and companies begin to learn how they can design these functions more effectively, Yae said. READ MORE | |
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