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What employees want is changing, so workplaces need to keep up

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Summary

This article discusses how the current macroeconomic landscape has changed what employees need and want from their employers. A recent study found that the top need employees have is work-life balance, followed by security and then wellbeing. It also found that even when money is tight, employees still want to be part of an organization that holds clear values and has a purpose. Employers must focus on meeting employees' short-term needs and creating a community in order to ensure that employees are fulfilled and have a sense of belonging.

Q&As

What are the changing needs of workers in an age of permacrisis?
The changing needs of workers in an age of permacrisis include a greater emphasis on wellbeing, clearer boundaries between work and home, work-life balance, security, managing physical and mental wellbeing, and personal fulfilment.

What are employees looking for from their employers?
Employees are looking for leaders to prioritize their needs, work-life balance, security, and for businesses to live up to their values and purpose.

What is the most valued thing people need from work?
The most valued thing people need from work is work-life balance.

How can employers support both short-term and long-term employee needs?
Employers can support both short-term and long-term employee needs by enabling them to bring their best selves to work, driving connection and community, and maintaining a longer-term commitment to professional development.

How can businesses ensure they are living up to their purpose?
Businesses can ensure they are living up to their purpose by actively showing that they are living up to their values, driving decision making with purpose, and creating a sense of community internally and with customers.

AI Comments

👍 This article offers great insights on how workplaces can meet their employees' changing needs during these difficult times. It is eye-opening to see the importance of purpose and values even when money is tight.

👎 This article fails to address the real concerns of employees in need of security and stability in their jobs. It also fails to provide any tangible solutions to the challenges workplaces are facing.

AI Discussion

Me: It's about how the needs of employees are changing in the face of the current climate, and how companies need to adjust their practices to meet those needs. It talks about how employees are looking for safety and security, a better work-life balance, and a sense of purpose and community.

Friend: That's really interesting. It's so important for employers to be aware of what their employees need, especially in a time of crisis. It's also important to prioritize mental health, well-being, and a sense of belonging.

Friend: It's great to see companies taking steps to adjust their policies to better suit their employees' needs. What do you think the implications of this article are?

Me: I think the implications are that companies need to be more aware of their employees' needs and expectations and be willing to make changes if necessary. Companies should also prioritize employee wellbeing and mental health, as well as creating a sense of community and purpose within the workplace. Additionally, they should be willing to offer more flexible working options, such as remote working, and ensure that their employees have a work-life balance.

Action items

Develop a clear purpose statement for your organization that reflects the values of your employees and customers.
Create a workplace environment that supports employee wellbeing and provides clear boundaries between work and home.
Invest in professional development opportunities for employees to help them reach their long-term goals.

Technical terms

Permacrisis: A permanent state of crisis or emergency.
Epidemic: A widespread occurrence of an infectious disease in a community at a particular time.
Maslow’s Triangle: A psychological theory developed by Abraham Maslow which suggests that human needs are arranged in a hierarchy and must be met in order for a person to reach their full potential.
Work-Life Balance: The ability to balance work and personal life in order to achieve a sense of harmony and satisfaction.
Security: A feeling of safety and protection from harm or danger.
Wellbeing: The state of being healthy, happy, and comfortable.
Fulfilment: The achievement of a goal or desire.
Self Actualisation: The process of achieving one’s full potential.
Great Resignation: A term used to describe the mass exodus of employees from their jobs in search of more meaningful work.