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Recent years saw a rapid increase in workplace perk offerings. The goal was to entice employees back into the office and appeal to new candidates. The results were less than desirable, leading to both a reduction in said perks and layoffs in some industries. Luckily we have created an HR guide to this stark shift in strategy, which is being dubbed the “Perk-cession.”
Read on to learn all about the Perk-cession, how it impacts HR, and what employers need to know moving forward.