""The era of employee leverage has ended," Jasmine Escalera, a career expert at MyPerfectResume, said in a statement."
"Data from the Federal Reserve Bank of New York found that workers were even less optimistic about finding a job today than they were in 2020."
"More than 70% of workers also predicted they would have the same or less bargaining power to push for flexible work policies in 2026 than in 2025."
"A report from last July by commercial real estate company Jones Lang LaSalle Inc. (JLL) found that Fortune 100 companies are forcing employees to work from the office an average of 3.8 days."
Employers have regained control over employees, resulting in lower job optimism and increased workplace mandates. During the Great Resignation, 4.5 million workers left their jobs, but that number has decreased to about 3 million. Workers now feel less optimistic about job prospects, with many facing cuts to benefits and a return to office policies. A survey revealed that only 7% would quit over mandatory office returns, a significant drop from previous years. The era of employee leverage appears to be over, with predictions of diminished bargaining power in the future.
Read at Fortune
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