The past few years have undergone a pendulum swing - from an employee market to an employer market -transitioning from a period prompted by the pandemic where the wellbeing of employees was top-of-mind to secure labor and top talent to now, where many organizations have reverted to more traditional models focused on profit margins, as seen in the number of mass layoffs over the past year of high-profile companies like Microsoft and Zoom.
Now, more recent economic challenges, such as inflation and the pending recession, have caused businesses to reevaluate their strategies.
What's important to take away from the events of the past few years is that the path forward does not mean choosing between employee satisfaction and company performance - striking a balance between the two is a challenging yet attainable feat.
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