Change is everywhere, and it's affecting us all. According to PwC’s latest Global Workforce Hopes and Fears Survey, more than half of workers feel overwhelmed by the amount of change at work, while 44% struggle to understand the reasons behind it. Increased workloads, job security concerns, and financial stresses are taking their toll. How are you navigating these challenges? Share your thoughts and experiences in the comments below! PwC’s latest Global Workforce Hopes and Fears Survey: https://lnkd.in/emH4YYEg
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PwC reports: 87% of CHROs say they’re evaluating new ways to deliver HR value at a lower cost. As strategies evolve, remember these four things to keep building workforce sustainability under tight budgets: 1. Workforce-wide resilience training gives all your people the skills to sustain high performance during disruptive change, while lowering costs of absenteeism, turnover, and poor mental well-being. 2. Assessing your workforce for psychosocial risks gives you accurate, real-time data about the workforce problems you must fix and the strengths you can develop. 3. The better your data analytics capabilities, the more prepared you are to enact and refine nimble workforce strategies that get positive business results. 3. If you do nothing else, train your managers in the skills of resilience. This effort will give you meaningful ROI in the form of higher employee productivity, less attrition, less stress-related impairment, greater agility, and more team psychological safety. https://lnkd.in/ena_K-jT #CHRO #workforcedevelopment #productivity
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When HR budgets tighten up, what goals and tools should leaders hold on to? meQ CEO Jan Bruce shares the 4 essentials for high-value HR, even in low-budget times. #humanresources
PwC reports: 87% of CHROs say they’re evaluating new ways to deliver HR value at a lower cost. As strategies evolve, remember these four things to keep building workforce sustainability under tight budgets: 1. Workforce-wide resilience training gives all your people the skills to sustain high performance during disruptive change, while lowering costs of absenteeism, turnover, and poor mental well-being. 2. Assessing your workforce for psychosocial risks gives you accurate, real-time data about the workforce problems you must fix and the strengths you can develop. 3. The better your data analytics capabilities, the more prepared you are to enact and refine nimble workforce strategies that get positive business results. 3. If you do nothing else, train your managers in the skills of resilience. This effort will give you meaningful ROI in the form of higher employee productivity, less attrition, less stress-related impairment, greater agility, and more team psychological safety. https://lnkd.in/ena_K-jT #CHRO #workforcedevelopment #productivity
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Leading PwC Channel Islands in Execution Managed Services, client payroll & financial statement production
PwC CI's latest report reveals insights from the 2023 PwC Channel Islands’ Workforce Hopes and Fears Survey. Discover how AI impacts workers, talent retention, and employee views on climate change initiatives. The 'Great Resignation' may be over in the Channel Islands, with workers showing commitment. But, the global landscape is different. Find out why employers should stay vigilant. Access the latest report here.
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PwC CI's latest report reveals insights from the 2023 PwC Channel Islands’ Workforce Hopes and Fears Survey. Discover how AI impacts workers, talent retention, and employee views on climate change initiatives. The 'Great Resignation' may be over in the Channel Islands, with workers showing commitment. But, the global landscape is different. Find out why employers should stay vigilant. Access the latest report here.
PwC Channel Islands’ Workforce Hopes and Fears Survey 2023: Transform, retain, align
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PwC CI's latest report reveals insights from the 2023 PwC Channel Islands’ Workforce Hopes and Fears Survey. Discover how AI impacts workers, talent retention, and employee views on climate change initiatives. The 'Great Resignation' may be over in the Channel Islands, with workers showing commitment. But, the global landscape is different. Find out why employers should stay vigilant. Access the latest report here.
PwC Channel Islands’ Workforce Hopes and Fears Survey 2023: Transform, retain, align
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#MettleMondays: PwC’s Global Workforce Hopes and Fears Survey reveals that although workers are open to future changes, current challenges may be obscuring their vision for the future and their potential contributions. Explore six actions on how to engage workers to drive transformation: https://ow.ly/mKM550SwOmB #HopesAndFears #WorkforceTransformation
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Unlocking the power of organisations through people | Partner, People and Organisation at PwC Switzerland
Our Hopes and Fears PwC global survey of workforce perspectives came out this week. Once again it's full of great insights and will keep us occupied with ideas and food for thought for the coming months. If you're an CEO, HR leader or people-focused exec, it also makes a great companion to your own people surveys. Two key headlines I took away are: 🎢 Organisations face a change paradox: there's evidence of change fatigue, increased workloads, and lack of clarity on what change is for; while at same time optimism and readiness to learn new skills and leverage GenAI. How we help the change resistant through the pain, while using the optimism as a rocket fuel to transform? 👋 Employees remain unsettled: The number of people considering changing roles in next 12 months has increased (from 26% to 28%). The pandemic-triggered "enlightenment" seems to now be more sustained and permanent. Does increased opportunities play a part alongside the change fatigue? And what can organisations do? Take a look at the 6 recommendations attached. #hopesandfears #workforce PwC Switzerland
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Interesting survey results from PWC. Only 17% of C-Suite executives surveyed expect a recession, down from 35%, and almost half are investing in growth, either through IT or new revenue streams, over defensive preservation of resources. #growthstrategy #economy2023 #recession
PwC Pulse Survey: Focused on reinvention
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A little over a year ago, we at Deloitte unveiled our research into #WorkforceRisk, exploring the perspectives of board members, C-suites, and executive leaders. Our findings? Many organizational leaders had a limited grasp of the broad spectrum of workforce risk factors that could potentially disrupt business performance across #Finance, #Operations, #Branding, and #Compliance. To aid organizations in understanding their risk exposures, we released Deloitte’s #WorkforceRisk framework. Reflecting on the past fourteen months, how has our framework weathered major market trends and events? Here are a few key observations: - Burgeoning advancement and adoption of AI technologies, creating opportunities for job replacement and work augmentation. - Regulatory bodies intensifying efforts to bolster worker protections, leading to current and potential compliance changes. - Ongoing political and socioeconomic instability in various overseas locations causing disruptions at home and abroad. - Continued rise in activism, with vocal groups amplifying their concerns through in-person events and social media. Each of these market trends share a common thread – they all represent potential risk sources within Deloitte’s #WorkforceRisk framework. Keen to learn more? Check out our latest video to discover how Deloitte can help organizations view workforce risk from all angles, proactively identify risk exposures, and establish best practices to effectively measure, monitor, and manage them. https://lnkd.in/eBBYHAVu
Are you seeing workforce risk from all angles?
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2wChange is happening without any input from some depending on their title. I think this can be counter-productive. You need the work force to understand the reason to effectively get your production to increase. Stress is a deal breaker for hardwork. Limit the stress and workers work harder.