Employee expectations rapidly evolve

In the wake of unprecedented workplace upheaval and ongoing uncertainty in the tech employment market, employees are increasingly prioritizing professional growth and clear paths for career advancement over traditional compensation and benefits. According to a recent survey of CHROs, three-quarters of respondents say their workers are placing greater importance on opportunities to develop and grow, while more than half report that employees are focusing more on finding meaning and purpose in their work. This shift in the employee value proposition has prompted many CHROs to adapt their policies, practices, and organizational culture to meet the evolving needs of their workforce.

To cultivate a supportive and engaging work environment, CHROs are emphasizing manager effectiveness, change management, and company culture. Nearly half of the survey respondents identified manager effectiveness as a top area of focus, up from 39% in the previous year.

Companies like Remote and Cloudbeds are investing in management training programs that promote transparent communication, direct feedback, and clear goal-setting to ensure employees feel understood and supported. Additionally, these organizations are offering career exploration and training programs to help employees grow and find fulfillment in their roles.

Despite these efforts, managing changing employee expectations has become more challenging for many CHROs, with 44% reporting that it has become more difficult to manage their workforce compared to a year ago.

Experts suggest that HR leaders can address this challenge by leveraging AI to streamline tasks and free up time for more human-centric activities, such as holding intentional face-to-face meetings that foster connection and compassion. As the workforce continues to evolve, CHROs will need to remain adaptable and proactive in addressing the shifting priorities and needs of their employees to maintain an engaged and productive workforce.