Workplace friendships, once considered a cornerstone of professional satisfaction and employee retention, seem to be on the decline in today’s remote work era. According to recent polls conducted by Glassdoor, fewer than a quarter of employees report staying at a job due to workplace friendships, while more than half explicitly avoid forming such bonds to maintain a clear boundary between
The workforce landscape has undergone significant changes over recent years, challenging the relevance of traditional employee benefits. With growing preferences for flexibility, independence, and personalized support, the conventional benefits model appears increasingly outdated. Gone are the days when employees spent decades with a single organization. Today, career paths are more fluid, with individuals frequently changing jobs, industries, and even balancing
Networking effectively to enhance your career involves a strategic and genuine approach where the focus is less on the quantity of contacts and more on cultivating meaningful relationships. This subset of professional connections can provide sustainable support and opportunities over time. It’s not merely an exercise in expanding your contact list but engaging and nurturing interactions that could aid in
As Generation Z, the cohort born between 1996 and 2012, steadily integrates into the global workforce, businesses are confronted with the task of altering their workplace strategies to accommodate these future innovators. Companies are witnessing the immense pressure Gen Z faces as they enter the workforce amid global disruptions like the COVID-19 pandemic and the rapid digital transformations reshaping industries.
The evolving landscape of work has seen a significant shift from traditional office environments to hybrid and remote working arrangements. With the advancement of technology and increased support from employees, these non-traditional work setups have gained popularity across various industries. However, despite the movement towards flexible work models, some employers still believe that remote work hampers productivity. This article explores
In a paradigm shift, small to medium-sized enterprises (SMEs) are prioritizing employee well-being over traditional investment areas like product development and technological growth. A recent survey involving nearly 1,000 business owners and decision-makers by Skipton Business Finance revealed that 27% of SMEs plan to make employee well-being their primary investment focus in 2025. This is a significant increase over the
In today’s volatile economic environment, employers face increasing pressure to provide meaningful health and wellbeing support for their employees while managing costs effectively. Many companies are now reconsidering their strategies, prompted by trends suggesting that nearly a third of employers plan to increase investments in employee benefits over the next year. However, an almost equal proportion is contemplating the shift
Implementing large-scale organizational changes within businesses is a formidable task, often met with resistance from employees who are firmly entrenched in their established work habits and attitudes. This resistance can often be traced back to deeply rooted psychological and evolutionary survival mechanisms. However, with the help of neuroscience, specifically the study of the brain and nervous system, leaders can gain
The landscape of business leadership has evolved significantly, with an expanding array of C-suite roles reflecting the complexities of contemporary organizations. Over the years, the range of C-suite positions has increased beyond the traditional roles, driven by the dynamic nature of modern commerce and technological advancements. Understanding these roles is crucial for grasping how modern businesses achieve success. The term
The phenomenon of high employee turnover rates has been a significant concern in the Philippines since early 2021, and this trend is part of the global movement known as the Great Resignation that saw employees across various countries leaving their jobs in large numbers. While the impact of the Great Resignation has lessened in many other regions, the Philippines continues
In the modern business world, keeping employees motivated is not just about boosting productivity; it’s essential for fostering a healthy work environment and retaining top talent. Despite its significance, many organizations still struggle to maintain high levels of employee motivation. According to recent studies, over 70% of workers feel their employers could do more to inspire and engage them. This
A powerful corporate culture doesn’t materialize out of thin air. Instead, it is the product of deliberate efforts by an organization to emphasize high-priority soft skills, persistently reinforcing those behaviors throughout its various human capital management practices. Take Disney, for instance, a company frequently cited for its exceptional customer service. Disney’s approach to cultivating these values is an example of
