Remote, Hybrid Or In-Office: 3 Workforce Considerations For CFOs

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Remote, Hybrid Or In-Office: 3 Workforce Considerations For CFOs
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Remote, hybrid or in-office? Here are 3 workforce considerations for CFOs:

of work is more closely tied to job satisfaction than ever before. Organizations that fail to recognize this could face a wave of turnover, especially among employees with in-demand skills. The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics supports this trend. In July, the United States saw a series-high 10.9 million job openings. And with hires at 6.7 million and the quits rate right at 4 million, it appears job seekers have the upper hand.

In response, many employers are stepping up by offering higher wages, signing bonuses and perks. But it’s important for those in the C-suite to think beyond the paycheck and toward the future. , 41% of professionals are considering leaving their current employer this year. Nearly half say they’re likely to move because they can now work remotely.

If your company is at a workforce model crossroads, you must recognize that many of your employees are at an inflection point, too. And if you’re leaning toward a pre-pandemic “in-office, all-the-time” approach, tread carefully.

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