The share of Americans watching for or actively seeking a new job has increased to 51% compared to 45% in 2020. At the same time, job satisfaction has declined, with only 18% of Americans extremely satisfied with their jobs, down from 26% before the pandemic. Many companies have faced significant workforce changes in recent years, including layoffs, rehiring, high turnover during the Great Resignation, and ongoing disruptions.
Seventy percent of workers report their organizations have been disrupted in the past year, leading to team restructurings, increased responsibilities, and budget cuts. Employees also have different expectations now, prioritizing work-life balance, compensation, and remote work flexibility. Mismatches between these expectations and employer offerings can leave employees feeling undervalued. Additionally, workers are facing changes in customer expectations, with 56% noticing increased demands since the pandemic. Many leaders lack confidence in their performance management systems, hindering their ability to clarify expectations, recognize performance, and develop employees
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