Businesses invest the most capital in two things: their real estate and their people.
This means that physical office spaces and hiring/onboarding practices are not only top priorities, but their largest fixed costs, as well. Yet as the standard workplace shifts to a more flexible model, many organizations are changing the way they view and address both.
In embracing remote work policies and downsizing their physical spaces—even going as far as ditching formal headquarters—some organizations are signaling an openness to modern concepts that can change the way business is run and how work gets done.
As the workforce changes, recruiting and retaining the right talent are getting increasingly complicated. Organizations must get creative about attracting and supporting employees, because hiring new talent is expensive and time-consuming.
The recruitment price tag