The job market is fiercely competitive. I’m sure you know this to be true. It’s hard enough to recruit enough workers to keep your organization up and running and meet those lofty KPIs, but, as of late, the heat has been turned up with respect to keeping those employees happy and on your payroll.
Yes, it’s true. Gone are the days when workers were thrilled by the simple act of receiving a paycheck at the end of the week (or month). While money is still important, it is no longer the sole consideration in taking or sticking to any particular job.
These days, a new sheriff is in town: the employee experience. With IPOs and Unicorns cropping up at every corner (for example, in Israel), employees can “afford” to be picky and choose to work for a company that meets their emotional wellbeing needs in addition to providing gainful employment. As startups and corporations alike increase their demand for manpower, employees have begun to wield their upper hand, demanding for better work environments, in exchange for their presence and productivity on the job. And remote work trends have enabled more and more people to secure “better” jobs without taking factors such as geographic locations and commute times into account (for example, in the US). These workers take those jobs that enable them to benefit from better communication, employee experiences, and quality of life; stark contrast to the organizational culture of yesteryear.