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Small businesses are encountering new challenges in the current economic climate. From rising wages to increasing interest rates, supply chain disruptions, growing inflation and a potential recession, CEOs are being forced to respond in new ways to a constantly shifting landscape. To help small business owners navigate some of today’s biggest pain points, we’ve rounded up some go-to strategies business leaders can lean on.

All of the sudden everyone is talking about “quiet quitting.” But CHROs have been dealing with this phenomenon within their organizations for months.

Small businesses are encountering new challenges in the current economic climate. From rising wages to increasing interest rates, supply chain disruptions, growing inflation and a potential recession, CEOs are being forced to respond in new ways to a constantly shifting landscape. To help small business owners navigate some of today’s biggest pain points, we’ve rounded up some go-to strategies business leaders can lean on.

After two years of pandemic isolation, companies across America are trying to coax their employees back to the office, touting the benefits of “connection” and “collaboration.” But workers are resisting the push and all the drawbacks that come with it, like long commutes and expensive child care.

We’re conflicted about how we feel about work. More than 70% of us say we’re satisfied with our job and nearly just as many say work gives life meaning. At the same time, nearly half of us say we want to change our job in the near-term and 65% of us say we only work for financial reasons. What’s going on here?

Much of the high-churn in entry-level positions has been attributed to the Great Resignation. However, we’re likely looking at the emergence of a new phenomenon that includes a talent deficit, disinterest in roles that require routine or repetitive activities and the corresponding need to restructure how our businesses operate.