This rise in reputation equity leads to higher expectations. 80% of survey respondents said their employer is responsible for ensuring a better working world after Covid-19 and resetting norms. While employers scored higher than any other institution, governments are also expected to play a leading role according to most (73%), employees also see themselves (72%) and unions (63%) as accountable in shaping their future world of work.
The world of work will never return to the ‘normal’ that we were familiar with before the pandemic struck, and the prior version of ‘normal’ did not work well for a lot of labour market participants.
However, the shift towards flexibility, lifelong learning and multi-dimensional leadership will never be fully realised unless enabling structural changes are made. The current system is failing to meet the demands for specialist skilled workers in growing sectors, mental health issues at work are on the rise, and an increasing number of workers are struggling to juggle the competing demands of a busy personal life and a satisfying and successful career. It is therefore vital that employees, employers, and policymakers share the responsibility of shaping a new working model. And we have a rare window to do so.
The war for talent will be won and lost on the battlegrounds of flexibility, skills, leadership and trust. The organisations that are able to “reset normal” on these four dimensions will secure the best talent and be the most effective in managing their human capital to create sustainable success for their organisations, for the individuals they employ, and for society at large.
To get all the insights, we invite you to download our white paper today.
