For the past 75 years, SHRM has sought to cultivate the relationship between workers and employers to create better workplaces and a better world. We’ve seen how successfully HR bridges the gap between what workers want and what organizations need.
The Great Resignation placed a premium on acquiring and retaining talent in an ultracompetitive market with escalating wage inflation. As the economy cools, the job market is softening. With open jobs falling below 10 million for the first time in nearly two years, the perception is that the job market has flipped and employers no longer have to roll out hypercompetitive wages and benefits offerings to vie for top talent.