Adapting to Change: Lessons from the New Reality of Work Survey
The COVID-19 pandemic reshaped how SMBs operate, forcing leaders to adapt to unprecedented challenges. evolvHR’s New Reality of Work Survey captures insights from nearly 600 business leaders on strategies for resilience and success.
Key Findings
1. Utilizing Government Aid
87% of surveyed leaders leveraged programs like PPP and EIDL to sustain operations.
2. Remote Work Trends
Nearly 50% transitioned to remote work, with most anticipating a hybrid future blending office and home setups.
3. Employee Morale
While morale took a hit, leaders found frequent and transparent communication to be effective in maintaining trust.
4. Benefits Adjustments
Top changes included enhanced telehealth access and wellbeing benefits to support employees.
5. Hiring Optimism
Over half of SMBs planned to hire, showing cautious optimism despite uncertainties.
Lessons for HR Leaders
- Embrace flexibility in work arrangements to align with employee preferences.
- Invest in benefits that address physical and mental well-being.
- Leverage government programs and partnerships to navigate economic challenges.
Connect with evolvHR today to explore solutions for building a future-ready workforce.
Ready to Transform Your Human Resources Operations?
Encourage HR and business leaders to explore evolvHR’s insights for navigating challenges and building resilient teams.
Contact EvolvHR today to learn how we can help you implement these strategies and build a stronger, more resilient organization.