Project managers and projects have been hit by the global crisis and pandemics. That is why many companies and projects have gone bankrupt while others are still trying to adapt. Project managers and company directors must quickly adapt their projects to the new times of crisis.
The Kovid pandemic has become a catalyst for many changes in the work world. It is also the basis of the changing needs and requirements of employees to their employers. But have companies been fully aware of the extent of the change? The answer is given by a study of the world leader in the field of HR solutions Adecco Group, which reflects the opinion of over a thousand employees and 155 companies.
At first glance, employers and employees agree on the main criteria that motivate people to apply for a job. They agree that salary is the most important consideration, with the next two positions being the workplace atmosphere and career opportunities, according to one of the main findings of the study.
However, companies tend to overestimate the importance of wages – 72% of companies cite it as a major factor, compared to 53% of workers. Employers also rely too much on their own reputation. Companies believe that working for a well-known employer is the 7th most important reason for an employee to change jobs, while employees themselves put this criterion in 16th place.
Project managers and employees
Project managers underestimate the extent to which Covid has changed employees’ attitudes toward health, safety, and remoteness issues.
In fact, the crisis made workers appreciate all kinds of flexibility, especially for working hours and working from home or from anywhere in the world. This is especially true in the United Kingdom, Germany, and the United States, where 22% of employees say they appreciate being able to work full time at home, compared to the global average of 9%. Women are more likely than men to rank flexibility as a major factor.
The Adecco Group’s study also found other differences between regions and generations. Workers in France and Belgium are particularly inclined to prioritize wages, while those in Italy and India place relatively more weight on their career development. Generation Z and Y employees are more excited about the salary, while older people are more focused on the content of the work and the work atmosphere. Only those working in Latin America and Spain say they prefer teamwork to individual work, although companies believe this preference is more widespread.
What companies need to change
In response to the question “What is the main style of leadership in your company?”, Employers first identify leaders who set the pace, who insist on faster results. However, for employees, this type of leadership does not fall into the Top 3 as a preferred role model of their employer.
Instead, they point to “charismatic leaders” who can inspire with vision in the first place and managers who prioritize the well-being of their employees in the second place. Both choices can be seen as reflecting a desire to work after the pandemic to bring a sense of meaning and prosperity. The third most common answer among workers is that leadership style is not important to them, as long as they are happy at work. This attitude is dominant in Belgium, France and Germany.
An issue that is addressed in the study is also the type of social responsibility that employees expect from their employer. The analysis of the data shows interesting regional differences. Employees in the Anglo-Saxon countries focus more on accountability, transparency, and ethical standards, while in continental Europe higher priority is inclusion in the workplace, acceptance of differences, and social justice.
There is also a mismatch in expectations between employees and employers, as found by The Adecco Group’s recruitment process.
Job candidates, especially in the younger generation, prefer to be hired through digital processes. However, survey data show that employers have not yet realized this: 35% of potential employees (49% of Generation Z) say they would be happy with the online recruitment process, while employers believe it will be true only 9%.
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MyWorld CEO Radovan Vitoshevich
MyWorld CEO Radovan Vitoshevich has been appointed the company’s regional director for Southeast Europe. The company myWorld, which last year celebrated 10 years of existence on the Macedonian market, successfully builds its plans through excellent management policy, as evidenced by the fact that Managing Director Radovan Vitoshevich contributed to great success in myWorld Bulgaria, myWorld Kosovo and myWorld Albania as their regional director.
myWorld is based on several key elements of a successful shopping ecosystem such as buyers and retailers, a network of micro, small and medium enterprises, and large enterprises, online and offline platforms. From a platform for benefits, myWorld has become a global force in online sales, travel and accommodation services and is slowly entering the digital marketing industry. Under the auspices of this group are several brands and industries: myWorld.com, marketplace.myWorld.com, travelWorld.com, Benefit Lounge, OneSense, @media, eVoucher and others.
The success in Macedonia over the past years and the successful business history we have been building for 11 years, not only in Bulgaria but also in Bulgaria, Albania and Kosovo, was a motivation for me and the whole team to work hard and with commitment. The company’s management realized this and the results we achieved were the reason I was appointed Regional Director for Southeast Europe. I am very happy that I will now have the opportunity to contribute to the development of other markets in the region and to continue to spread the success story. “I am proud to be a pioneer in the loyalty industry and together with these markets in this part of Europe we will set new standards of work and increase the purchasing community around the world,” said Radovan Vitoshevich.
His promotion to Regional Director for Southeast Europe is a testament to his exceptional commitment over the years. He will apply his experience in business and management to a regional director of a total of 11 countries, including Greece, Cyprus, Serbia, Bosnia and Herzegovina, Croatia, Slovenia and Montenegro, a challenge he welcomes with great enthusiasm.
myWorld Holdings Ltd. London has more than 15 million members worldwide who can shop online and earn cashback and shopping points through its loyalty program. For their part, partners benefit from effective loyalty programs that help them increase their visibility. More than 150,000 partners in over 50 markets already use the myWorld Benefit program. The plans of myWorld Holdings Ltd. London in the next period is to increase the number of partners, to become fully digital and to propose solutions that will be the first in the world.
Radovan Vitoshevich is the winner of several prestigious awards and was named Manager of the Year by “Man of the Year 2020” and “40 under 40” of Business Elite in 2021 in Macedonia, as well as winner of the Business Class Award in Bulgaria. He is also pleased with the best-selling author of the book “Awakening of Consciousness”, which is a reading for personal development, written with his wife Katerina Angelovska, translated into several languages and with successful sales across all world platforms.