BlackRock CEO on 'new world of work': Companies not adapting 'do so at their own peril.' (via CNBCMakeIt)
we're seeing in the United States as positive signs of "workers seizing new opportunities" as well as "their confidence in a growing economy."
"As companies rebuild themselves coming out of the pandemic, CEOs face a profoundly different paradigm than we are used to," Fink says in his letter. "Companies expected workers to come to the office five days a week … mental health was rarely discussed in the workplace … and wages for those on low and middle incomes barely grew."
Fink argues that such calls for a more empathetic, employee-centric workplace are a core feature of "effective capitalism" as they create more competition for talent and push companies to create "better, more innovative environments for their employees" that will ultimately lead to higher profits.BlackRock research
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