Over recent months, fears of an upcoming recession have continued to grow. The current landscape is challenging from an economic perspective. Inflation is pushing up prices for various goods and materials, leading to higher costs for businesses in nearly every sector. Plus, wage expectations among professionals are trending upward, and many companies are seeing their payroll increase dramatically to remain competitive.
Quiet quitting is a relatively new trend within the workforce. It essentially refers to employees doing the bare minimum based on their job description. Essentially, they aim to meet expectations by handling those outlined responsibilities but aren’t going above and beyond in any capacity.
The final quarter of 2022 is approaching quickly. While this means another tumultuous year will be under everyone’s belt, it’s also a time to prepare for what’s on the horizon. That ensures companies can head into 2023 with confidence, all because they’re seizing opportunities to remain ahead of the curve.
Currently, most companies are experiencing a wide array of hiring woes. Employers are stuck battling fierce competition for the best and brightest when it's a candidate's market. Plus, empowered job seekers know that the ball is in their court and will leverage that to their advantage.
Many company leaders don’t see the value of an open-door policy, and many believe it's far more of a hindrance than a help, causing disruption throughout their day. However, when appropriately implemented, open-door policies can genuinely help companies thrive.