With the end of 2022 already upon us, it’s time to take a look at the workplace trends that will shape 2023. From new retention challenges to the increasing demand for pay transparency, here’s what employers and hiring managers need to know to navigate the months ahead.
1. A New Emphasis on Mental Health
Over the next few years, employers will have to grapple with the legacy of the COVID pandemic. The health crisis and the subsequent work-from-home revolution shined a light on the importance of employee mental health. As companies keep exploring hybrid work options and strive to improve retention (more on that below), a focus on mental health is one of the components that can make the difference between thriving or staying behind the curve.
2. Remote Work and Flexibility
Remote work is another byproduct of the pandemic that is here to stay. Both employers and employees have realized that remote work is a feasible alternative, and while some companies may still be reluctant to embrace it, the future of work seems to be hybrid. As you enter the new year, think of ways to adapt and leverage this new reality. What positions could be performed remotely? How can you take advantage of remote work to expand your talent pool?
3. Retention Challenges
Simply put, the pandemic changed the way employees think about work. It’s no coincidence that the harshest months of the pandemic saw the rise of new trends that warranted the coining of new terms such as “The Great Resignation” or “The Great Retirement.” Employee expectations aren’t the same as one or two years ago, and companies that fail to account for this new reality may be in for a surprise in 2023. For example, since last year Gartner has been advising companies to prepare for “ for a year-over-year turnover rate that is 50% to 75% higher than usual.”
4. Pay Transparency
According to Harvard Business Review, by the beginning of 2023, “a fifth of all U.S. workers will be covered under pay transparency laws.” More and more states (including California and Washington) are enacting laws that give employees the right to discuss and disclose their pay as well as those of other coworkers and applicants. Companies must be prepared to adopt this new legislation at every stage of their hiring process in an efficient and professional fashion.
No matter what your workplace goals for 2023 are, efficient background screening can help you achieve them. Contact Plexus Global today to start working on a background screening strategy designed with the needs of your organization in mind.
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