Managers across Australia are being challenged to better understand their employees’ needs and address workplace concerns to avoid the disruptive, long-term impacts of The Workplace Wave. Allianz has defined The Workplace Wave as the next wave of change set to impact organisations that are slow to adapt to the rapidly changing workplace and the demands of a modern workforce.
The scale of the disruption brought on by the COVID-19 pandemic is causing permanent shifts in employees’ ideal approach to work. Employees are seeking a more personalised workplace environment that’s focused on positive mental and physical health, and are rethinking their approach to work, with many considering looking for opportunities to change their employer.
Organisations that are unable to adapt to their employees’ needs are likely to see higher rates of workplace fatigue and talent loss. They may also experience an increase in the rate of workers' compensation claims related to psychological injuries.
However, organisations can deliver a more employee-centric approach to engage and retain their employees. Our latest research,1 which analyses The Workplace Wave, has found solutions that organisations can implement to avoid the most disruptive effects of changing organisational behaviour.