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Perhaps more importantly, the report underlines a point nodded at by Etra and Boersma: Even with recent layoffs and a recession looming on the horizon, employees are still in the driver's seat. "COVID didn't reverse the long-run demographic trends that will drive tight labor markets for the next decade, but it did accelerate changes to the workplace," write Svenja Gudell, PhD, Indeed chief economist, and Aaron Terrazas, Glassdoor chief economist, in the study's foreword. "Perhaps most importantly, it helped workers wake up to the fact that they have the leverage to demand change in the workplace—and left many employers at a loss about how to deal with this new dynamic." Glassdoor and Indeed's report outlines five trends that will continue beyond business cycle fluctuations and even survive the predicted global recession. Companies focusing on these trends, the authors assert, "will ensure their workplace survives, even thrives, into the future." See our slideshow above for those five trends and other highlights from the report, and click here to access the full study.
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