RTO FOMO, fauxductivity, and 'gold star' programs
Here are 5 things to know about work this week.
Hello, and welcome to WorkLife ’s 5 things newsletter. In this weekly newsletter, we will spotlight five things to know about the latest issues affecting modern workplaces.
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1. How RTO FOMO has finally set in for younger workers
Office attendance is up significantly since about a year ago, with most workers now back a couple days a week in hybrid arrangements. But some people are still working entirely remotely — and they’re feeling left out.?
RTO FOMO — aka return to office fear of missing out — is now a thing, especially among younger workers. With many of their peers back working in person, they’re realizing just how much they might be missing out on by continuing to work from home.
2. As layoffs loom, HR staff redeployment strategies gain traction
Football and pumpkin spice lattes aren’t all that’s on the horizon — layoffs might also be in the air.?
The first ominous sign came by way of the July jobs report, which revealed a sharp downturn in hiring in the U.S. Employers added just 114,000 jobs in the month, 35% fewer than expected, while the 4.3% unemployment rate was the highest since October 2021, according to Labor Department stats. August’s report released Friday also showed signs the strength of the labor market is weakening.?
3. Productivity problems persist for HR with hybrid workplace ‘fauxductivity’
Productivity and what it actually looks like came into heightened focus during the pandemic and age of remote work. Now, with a majority of workers back in offices in hybrid arrangements, productivity problems have yet to resolve themselves, and instead are evolving as workers try to look busy both at home and in offices.?
Half of managers still believe their staff are engaging in “fauxductivity” — or faking activity and pretending to work while on the clock, according to a new survey from Workhuman including responses from over 3,000 full-time employees in the U.S., U.K. and Ireland.?
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4. As gig work defies iffy economic outlook, HR leaders look to reshape policies
While the U.S. could be facing an economic slowdown, and with the latest jobs report indicating a falloff in new positions, one segment continues to flourish: the gig economy.
With more than one-third of the U.S. workforce now engaged in some form of gig work, projected to rise to half by 2025, some are even asking whether the gig economy is recession-proof.?
One thing’s for certain: The continued appeal and accessibility of gig work has the attention of HR leaders who, tasked with staffing up organizations, find themselves competing with opportunities that tick so many boxes for job seekers.?
5. Will HR-led ‘gold star’ programs make employees feel more appreciated?
With 8 in 10 HR professionals indicating that recognition programs are a valuable tool for engaging workers, it’s little wonder there’s been an explosion in such products and the companies marketing them.
“We know that employees who are happier and feel appreciated are more likely to be more productive, so employee recognition programs really are a win-win,” said Shawnee Irmen-De Anda, chief people officer at the mental health provider Thriveworks. Her company started its own, peer-to-peer program, Win of the Week, wherein team members recognize their coworkers for anything from a small act to a solution that helps complete a major project.?
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23% of CEOs report they will be giving smaller pay raises than they did in 2023, and 4% said they don’t plan to give raises at all this year.
Elsewhere in Digiday Media
Check out some of Digiday Media’s other stories on the future of work over the past week:
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This newsletter was curated by Courtney Marabella , senior social media/audience manager for Digiday . Let us know what you think, or what you hope to see more of, by dropping us a note at [email protected] .
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2 个月Happy to be included in this week's wrap up of things to know about work from WorkLife.