SHIFT – July 2023

SHIFT - July 2023
Our July issue of SHIFT highlights how Gen Zs and Millennials are making waves in the workplace; offers suggestions on combating boredom at work; reports on the number of women returning to the workforce; and explores how the perceptions of employers and employees differ on the issue of well-being.

How Gen Zs and Millennials are driving change in the workplace

Gen Zs and Millennials are the change agents helping shape the future of work, and organizations that embrace and enable their passion for social impact and a values-first workplace will reap the benefits of a highly engaged workforce, according to the Deloitte Global Gen Z and Millennial survey, which gathered feedback from 14,483 Gen Z and 8,373 Millennial respondents across 44 countries. The survey explored how Gen Z and Millennial workers are navigating challenges and how organizations can ride the waves of change fueled by these rising workplace leaders.

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Rust out: why boredom at work can be harmful

High levels of stress in the workplace can lead to burnout, but less attention is given to long periods of intense boredom, sometimes referred to as “rust out” or “bore out.” This typically comes with feelings of weariness, distraction and a lack of motivation, alongside the perception of time slowing down. Despite this, it’s a problem that many managers and organizations ignore.

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The Conversation

Women are returning to the workforce just when the U.S. needs them most

With employers adding hundreds of thousands of jobs each month, and unemployment near a half-century low, the U.S. needs more people to come off the sidelines to keep the economy growing. According to Betsey Stevenson, an economist at the University of Michigan, “it’s women showing up to take the jobs.”

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Employees say their well-being has worsened, but their bosses disagree

Many employees are struggling with low levels of well-being — with most of them saying that their health worsened or stayed the same last year, according to a survey of 3,150 people conducted by Deloitte and Workplace Intelligence. However, the C-suite indicated a much different perspective: More than three out of four executives inaccurately believe that their workforce’s well-being improved.

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CNBC make it