My company, BambooHR, recently found that employee happiness has steadily declined at a rate of 6% from the beginning of 2020 through the present. In 2023 alone, happiness scores have seen an even steeper decrease, declining at a rate 10 times faster than the previous three years.
The fact that a Great Gloom is following on the heels of the Great Resignation, quiet quitting and a handful of other anti-work trends is not surprising. When those impacts are combined with significant inflation, questions about remote work and several high-profile labor strikes, the evidence is undeniable: Employees are struggling. The good news is that companies can reverse these trends. Making real culture changes, focusing on employee engagement and ensuring everyone is happy will make a real difference.
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