It's no secret, COVID massively accelerated the future of work timeline. It's hurled us out of an outdated industrial-age model and into a distributed one that's optimized for the internet era. HR tech no longer sits on the back burner, it is now front and center in the minds of employees, executives and boards. This flash-flood transition has very quickly accelerated what we used to call the "future of work" into the "now of work."
With these fundamental changes to the workforce, today's leaders urgently need to rethink the way they manage and measure the performance, productivity and wellbeing of their workforce. The good news is, there's a renaissance in HR technology that's helping executives navigate this unprecedented time.
This was the week that the virus was really everywhere, with a spike in cases that is mind-boggling.
Uncertain about how long this latest wave might really last, and what will come beyond that, we reached out to Dr. Monica Gandhi, an infectious-disease physician and professor of medicine at the University of California, San Francisco.
My ethics and compliance company, LRN, surveyed 8,000 employees across 14 countries and 17 industries and found that corporate culture has a significant impact on retention and results. Companies with the strongest ethical cultures outperform their peers by 40% across all measures of business performance: from levels of customer satisfaction to employee loyalty, innovation, adaptability—even growth.
There's no denying that work and workplaces have changed during the Covid-19 pandemic. Employees worldwide adapted to working from home, and many had to manage their families being home simultaneously. Businesses looked to existing and new, innovative technology solutions to keep work going and connect their employees wherever they were working.
It all seemed to work—until employers asked their employees to come back to the office.
CAPITAL REGION, N.Y. (NEWS10) — The largest in state history, Governor Kathy Hochul announces a massive $10 billion investment in the state's healthcare industry. Much of the money will go towards wages and even retention bonuses.