01/12/2023

Five Trends That Will Shape the Future of Work in 2023

This year stands to be a pivotal year for the future of work

The last year was a turbulent one for the U.S. economy and workforce. As the impact of the COVID-19 pandemic continued to reverberate, trends like the Great Resignation and "quiet quitting" captured headlines and the attention of concerned employers. During much of 2022, four million workers left their job every month. Now, with inflation raging and a looming recession threatening to trigger rounds of layoffs, a new wave of economic anxiety is meeting a workforce emboldened by the challenges and changes of a post-pandemic economy.

In my role as a lecturer on entrepreneurship and innovation at Harvard University and as the founder of a human capital strategy firm, I've had a front-row view of how workers, businesses, and entrepreneurs are making meaning of this ever-evolving world of work. It’s clear that workers are still taking stock of the ROI of their careers and reimagining how work factors into their lives. While complicated by emerging economic concerns, this mindset will continue to be a driving force.

I believe 2023 stands to be a pivotal year for the future of work, as employers and employees alike come to terms with a workforce forever altered by the pandemic and its economic fallout. Here are five workplace trends employers must understand to succeed in the year ahead and beyond.

Please select this link to read the complete article from Fast Company.