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We are in an undeniable moment of extreme change. Three years past the beginning of the COVID pandemic, the world we live and work in looks completely different than before. We’ve experienced unprecedented hypergrowth and record inflation. Our workforces have been rocked by the Great Resignation. Widespread hybrid and global work structures are now normalized.
In his HR Predictions for 2023 report, Josh Bersin weighs in on this age of constant and transformational change: “The year 2023 will be a year of transition as we redefine work, the workforce, and HR … CEOs and CFOs are going to push to maintain and grow profits, focus on cash and financial sustainability, and search for new postures for growth.”
He explains that a combination of these changes and others will drive organizations “to rethink their workforce plans. CHROs and employee-facing teams must consider that these pressures will take place in a workforce that is quite tapped out,” and where there’s a major “disconnect between employee and employer perception of productivity,” where 87 percent of employees feel highly productive at work but only 12 percent of leaders agree.
While no one can truly predict what will happen next, one thing is certain:
