• Rajesh Manik Sarkar posted an update in the group Wellness & Wellbeing

    1 year, 7 months ago

    YOLO | the emerging trend

    If 2020-21 was a year of grieving over deaths and dealing with sickness, 2022-23 has been about bouncing back. Something strange has happened to the workforce post the pandemic.

    The dread and anxiety of the past years have given way to a new kind of professional mindset where employees across the world are increasingly evaluating – “if the life we’re living is the one we want to be living,”. Especially for younger people who have been told to work hard, pay off your loans and someday you’ll get to enjoy your life, a lot of them are questioning that equation. What if they want to be happy right now?”. “For many, this has been a time to introspect, “we’ve been so locked into careers for all our lives, and this is our opportunity to switch it up”.

    “The idea of going right back to the pre-Covid setup is no longer appealing with candidates withdrawing interest in accepting offers that do not offer flexible and hybrid working. “If not now, when will I ever do this?

    If this movement has a rallying cry, it’s “YOLO” — “you only live once,”.

    This mindset has made its way across the globe, predominantly in the technology, financial sector and start-up space. Gen Z has fearlessly blended into this attitude as a way of life and entitlement. There is a shift in consumer lifestyle pattern from pursuing owning of assets to Co-commute, Co-work and Co-live. Companies who are quick to realise this transition are in process of re-designing their workplace as a fueling station for driving camaraderie, engagement and bonding as against conventional full day work desks.

    What has been your observations about the YOLO trend?

    In what segment of employees are you noticing this more?

    How is your organisation planning to tackle it?

    • Many individuals, especially younger generations, are reevaluating their priorities. They’re placing a greater emphasis on work-life balance, personal well-being, and experiences rather than solely focusing on career and financial success. The trend has led to a growing desire for flexible work arrangements, such as remote work or hybrid schedules. Employees are seeking more autonomy and control over their work lives.

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      • There is a lot of change going on at the moment, producing a mix of opportunity, challenge and friction. Yes there is a YOLO mindset in some areas, there are also rapidly increasing stress levels in other areas, a need to continually learn new skills and the prospect of a 100 year life without the financials to cover the pension (maybe). Lots of change for employees and organisations alike with no hard and fixed ways of working or living. It is a tremendously exciting period and it will be the organisations that are prepared to keep listening, changing and adapting what they do to suit individual preferences as much as collective preferences that will offer the most potential in the future.

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    • It’s been almost 2 years we are out of COVID. Human beings have a tendency to forget things with time, unless it’s a prolonged experience. I am sure, with time, the memories of COVID for many will fade. So what YOLO really means? Its not about making rash or stupid choices. YOLO has a much deeper meaning and purpose. YOLO only will constantly nudge us to make wiser decision in a critical moment or while making an important decision. We can’t use YOLO approach every time and everything. Life is not long. YOLO is just a reminder to live an extraordinary life – hence organisations should use it carefully and intelligently while dealing with workforce and policy making. Employee loyalty can’t be taken for granted.

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