The US labor market is incredibly volatile with most businesses struggling to retain staff amid rising inflation. New work policies haven’t exactly helped, with companies all over the world facing backlash. Hybrid working models have been a cause of pain for many, with the cost of commuting and other factors taking a toll on employees. Like others, Apple employees haven’t been afraid to speak up. Corporate salaries are also expected to increase, but no details were released about the size of their compensation package. Since the fall-out of the pandemic, retention is a huge concern for businesses, including Apple and Microsoft, with 20% of workers likely to find a new job in the new year. The biggest driver, according to PwC, is money. In response, tech giants are taking action by responding with what resonates with most people, financial gain. Keeping your team motivated by celebrating milestones and tracking achievements can help in building a more positive work environment. Investing in the right tools such as CRM, or project management software, will help you do that. And, if your team is working remotely, make sure they have everything they need. Web conference tools, vpns and password managers are just the basics.
