SHRM Blog

The last few years have been a wild ride when thinking about how, when, and even why we work. As we look to 2023, we are offering predictions on how the workplace will evolve.

1. We’re moving from work-life balance to work-life integration. The concept of work-life balance has long been a goal for millions of professionals. But the last few years of remote work have made it even more difficult to tune out the daily demands of the job when off the clock. Many employees have started taking a new approach,
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BlackRock CEO Larry Fink claimed in a recent interview with Fox that “we have to get our employees back in the office.” According to him, doing so would result in “rising productivity that will offset some of the inflationary pressures.”

Fink did not provide any data in the form of statistics, surveys, or studies to support his claims. He simply insisted, without evidence, that in-office work would reduce inflation. So what does the data say?

A widely-cited July 2022 study from the highly-respected National Bureau of Economic Research (NBER) found strong evidence that remote work decreased inflation. Namely, because employees have a strong preference...

Working parents are struggling.

Day by day, hour by hour, they’re surfing the tides of uncertainty at home and work. A representative vignette: While zooming in to an all-hands meeting about a reorganization for their teams, a parent receives an incoming call from their child’s school about a COVID-19 exposure and yet another closure. By the time the All-Hands is over this parent is already in the car to pick up their child and calling one of seven friends or babysitters who might be able to help, while texting those at work...

Executives today are focusing on company culture. They can build an effective corporate culture to improve customer satisfaction through acquiring additional knowledge from customers, developing better relationships with them, and providing a higher quality of service for them.

Company performance is determined thorough various aspects such as customer satisfaction. And executives can positively affect company performance through increased customer satisfaction. Company performance is what every executive is concerned about. Thus, there is a global need to cultivate a strong corporate culture to accomplish sustainable competitiveness in global markets. This strong...