A Look at 2023: Preparing for What Lies Ahead
Letter From the Editor:
Employees are the heart of each organization. HR will be the first to attest to this, after two years of hearing requests for higher starting pay, unique benefits, and flexible work schedules and locations, accompanied by a record number of job vacancies and retention goals. We also see it in legislation— increased union petitions and unfair labor practice claims, minimum wage increases in states and localities across the country, and independent contractor and white-collar exemption reviews.
One common thread among all of this is the employee experience. Whether you call it quiet quitting or refer to the Great Resignation, employee satisfaction is at the heart of these trends. Employees are looking for security, belonging, and worth. To be competitive, employers have responded with higher pay, creative benefit solutions, and initiatives toward inclusion.
Theodore Roosevelt said, “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.” When planning for the uncertainty of a new year, there is the chance that projections will be correct and the chance they will be wrong. This issue of MRA Edge is intended to help you avoid the worst by providing insight into what lies ahead for 2023.