What to expect from the world of work in 2021, and what that means for employee benefits
Now is the time for employers to develop strategies to drive employee engagement in a year that could be every bit as unexpected as the last.
By Marthin De Beer |
December 29, 2020 at 10:01 AM
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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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