Considerable job insecurity and uncertainty has pushed companies to rethink their workplace culture to meet employees’ new needs, priorities, and expectations, according to the annual Fjord Trends report from Accenture. According to the report, nearly two years of social, economic and employment disruption has resulted in a collective shift in people’s relationships with work and employees are re-assessing what they want and expect from a company culture and employee value proposition. This means enhancing workplace flexibility, benefits packages, and greater employee care and compassion will continue to be notable trends in 2022, creating both challenges and opportunities for businesses looking to retain and recruit talent. (more…)

Over 40 percent of employers are finding it more difficult to retain and recruit staff, according to Aon’s Benefits and Trends Survey 2022 (registration). The report claims that many employers have adjusted their benefits strategies to address an intense labour market, in which employee work motivations have shifted in the wake of the COVID-19 pandemic. Forty-one percent of employers said they have found it more difficult to retain staff in the last year, while 44 percent have found it more difficult to recruit new staff. Many employers anecdotally expressed in the survey that they need to pay higher salaries or sign-on bonuses to entice new recruits. (more…)