Today’s workforce has different expectations than in the past. Employees that aren’t satisfied with their jobs and work conditions will get up and leave, as we saw in 2021’s Great Resignation when over 47 million Americans voluntarily quit their jobs. This level of attrition is detrimental to companies in terms of cost, productivity, and morale.
When I founded HiBob seven years ago with my partners, we thought it would be the generation of transformation in the workplace. I wanted to build something big, and I was interested in looking at a market that was big enough to be disrupted.