Market Insights

This year has been a tumultuous one for everyone, but especially for employers and their employees. Even with the first vaccinations happening as we speak, the COVID-19 pandemic has transformed the American workforce in a way that will have long-standing ramifications. Beyond requiring everyone who can to work from home, the pandemic brought about a dramatic shift in work-life priorities, and employer expectations and understanding of where work fits in the grand scheme of our lives.
Companies must brace for another wild ride in 2021. A major post-pandemic economic recovery and a massive expansion of job options enabled by the work from anywhere revolution, promises to spark a battle for talent unlike any other. Turnover can cost employers 20% of an employee’s annual salary, making attracting and retaining employees all that much more essential to business success.
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