Point, Counter Point
Elizabeth (Liz) Gulliver
Our business is your people. We elevate employee experience and drive retention & performance.
Employees keep demanding more flexibility?
WFH is killing productivity?
People want to bow out of hustle culture?
People are working fewer hours, but demanding more at the same time?
GenZ is redefining work - and successful employers should listen?
GenZ is a nightmare to manage, and we don’t know what to do?
I’ve heard all of these this week alone. Each of them is true. All are a challenge if you’re an employer, manager, or HR. None are exactly ‘new’.?
We’ve been talking about shifts in how we work and the growing disconnect between employee and employer for a while. But things seemed to have hit a crescendo this week.?
You may have seen that Tim Gruner, an Australian property developer, made particularly aggressive comments that raised a lot of controversy. He suggested that unemployment needed to increase to 50% to ‘stop a culture where employees feel the employer is extremely lucky to have them.’ As Josh said, it’s the definition of transactional vs relational approach to business. Or as Noah W. called out, ‘It’s a perfect example of toxic leadership ’
That’s one end of extreme when it comes to the employee/employer relationship of late.
In the other direction, as Jordyn Dahl wrote yesterday , the newest Edelman Trust Barometer highlights the changing relationship between employee/employer when it comes to work-life balance. The headline? GenZ is demanding more balance + flex - and in many cases, getting it. They’re also shifting how the rest of us think about it: 78% of those interviewed said GenZ has impacted how they think about work-life balance.?
More balance doesn’t always translate to fewer hours worked though - or shouldn’t, say some execs. There was a very active conversation , started by Sam Blond about what the norm should be when it comes to working at start-ups. In his view, 40 hours is the bare minimum. That opinion isn’t only held by start-ups. Many leaders feel employees aren’t working as much as they used to, or should be - just take a look at the headlines from finance + tech CEOs lately.?
And it’s not only 'big name’ Leaders. I’m hearing frustration from managers and CPOs struggling to walk the line between supporting their team's + aiming for high performance. Stories I’ve heard recently??
The list goes on. I’m sure you have your own stories to add. But the trend is pretty clear: we’ve come to an impasse. And it reeks of entitlement. On both sides.?
领英推荐
Why now? Some of it has to do with more companies mandating a ‘Return to Office’. For others I think it’s a question of time. People have tried to remain flexible and agile, but at a certain point, frustrations boil over.?
It’s an instance where many things are true at once. Yes, our relationship to work and life has shifted, and the employers who win in the next decade will lead with that. No, we don’t need unemployment at 50%. And yes, it is unrealistic (absurd?) to think you can work 50% of what you’ve been hired for and get paid 110%. It’s also unfair to think you can pay people pennies and get the work of superstars.?
We need middle-ground. To get there, we need clarity through frank, open conversations. Almost everything I hear is said in hushed tones, when someone needs to vent. We need to be saying it in the open.
We work with many of our clients on the broad theme of the ‘Intergenerational Workplace’. That has meant everything from onboarding GenZ, to preparing Millennials to step into more senior manager roles, and understanding communication differences and norms from Boomers to GenZ. (If you’re interested in specific topics + outcomes, happy to share more!)
To ease tensions and maximize productivity, we must start with a baseline understanding of where everyone is coming from + what expectations are. We’re not going to get to the bottom of these ‘Point, CounterPoint' scenarios until we improve communication across the board. To build trust, start with imprpving communication.?
Have you seen this where you work? How are these tensions showing up?
Join Us:
What we’re reading:
Strategic Advisory | CFO | Investment Banking | M&A | Ex-J.P. Morgan | Columbia Business School
1 年Very relevant article! “To build trust, start with improving communication.” = key for a successful strategy to approach all these issues
We deliver top global talent to clients in Private Equity & Venture Capital, Retail, Fashion, Hospitality, & Technology
1 年Funny observation a friend & I had the other day as we were recalling the early 90's when we hit the market, S&L crisis hangover still dogging the economy. Back then, unless you were top of your class in an in-demand field you were going to be in a call center or door knocking, selling copiers, phone service, insurance, even vacuum cleaners if you wanted to have your own place. The lucky ones got to sell pharmaceuticals or get a desk job at a bank 50 hours/week. But even in the "good" jobs those were still long hours that were tightly accounted for - submit your call sheets if you want your base salary! So why did we do it? Well, the idea of not being fully independent at 22 was horrifying, we'd rather die than live with family, the embarrassment of that, to us at that time, was more than enough to push us out the door at 7:30am and endure 8-10 hours that most people today couldn't fathom. Employers had crazy leverage with our generation when we came out just due to the life and death value we put on independence. There's much less shame in living with family and not near the sense of urgency to be independent as early now (and a lot more ways to make side money also) & employers are struggling to evolve without that leverage.