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Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

Allwork

Additionally, some research suggests that in 2023 70% of workers say they are ready to quit their jobs. Replacing valuable employees can cost several times the annual salary when all the lost productivity is factored in. And of course, working from home will be a central feature of our future physical environments. 2.

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Move Aside, Great Resignation—The ‘Big Stay’ Is Here, and Employees Are Staying Put

Success

Employers were struggling with retention and having to adapt with cutting-edge strategies, offerings and salaries to stay afloat. One reason Richardson points to is that job switchers aren’t being rewarded with significant salary increases as they might have in the past. Everyone was quitting. But the tides have changed.

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7 Classy Ways to Handle Employee Resignations

Success

Early 2023 has shown few signs of this trend slowing—according to the “ Job Openings and Labor Turnover Summary ” by the Bureau of Labor Statistics, 3.8 million people quit in April 2023 alone. How to handle employees’ resignations If frequent resignations are here to stay, it’s time to figure out the best ways to deal with them.

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The Utility of Coworking Spaces for Gig Economy Workers

Allwork

Globally, the number of gig workers from 2018 to 2023 will have grown from 43 million to 78 million, according to a Mastercard report. However, recent research from the journal Sociology demonstrates these platforms are adding to gig worker uncertainty by “producing a novel form of reputational insecurity.” .

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Industry: the art of working from anywhere

Workplace Insight

The ability to fit work around your children’s or family life, especially since child and/or caring for sick or elderly relatives is so costly and not easily available, has meant that since February 2023, the labour force participation rate for women between the ages of 25 and 54 has exceeded an all-time high (at least in the USA).

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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

The Employment Rights Act 1996 has continuously evolved – the Employment Relations (Flexible Work) Bill alters and extends this act in its current form. This highlights the cost savings from reduced turnover since recruiting and training can cost up to nine months of an employee’s salary.

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Why an effective onboarding process is more important than you think

Page Personnel

Why an effective onboarding process is more important than you think simonewu 24/01/2023 The saying “you never get a second chance to make a first impression” never rings truer than when referring to the onboarding process — one of the most important steps a company can take to stay ahead in today’s busy job market.

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