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The Clark Howard Podcast

11.01.21 Disconnect: Employee Exodus - Executive Oblivion / Housing Update.

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 1 November 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

The work from home genie is out of the bottle. Employees have left the building. And yet, nearly half of execs want them back in the office 5 days a week. Check the quit rate, boss. People have the power now. Clark smart executive direction. / Housing: Our number 1 expense. Clark covers the latest developments and how they affect your wallet now and in the future. Ask Clark topics include: VENMO Identity Verification / Is It Better To Buy a New or Used Car in the Current Market? / New and Used Car Reviews and Ratings - Consumer Reports / Clark’s Best Travel Tips to Save Money / What Is an Annuity? / Choose a Financial Advisor / The Best Credit Cards With No Foreign Transaction Fees \\ Want more money advice? Sign up for Clark’s free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is my pleasure to welcome you to the Clark Howard Show, our mission to serve and empower

0:10.2

you so you make better financial decisions in your life.

0:15.3

This episode I'm going to talk about what a lot of bosses and managers don't realize and

0:21.0

is causing them to lose employees or make the ones they keep really not very happy.

0:29.4

Later there's so much going on where we live with rent prices, home prices, mortgage

0:34.8

rates.

0:35.8

I'm going to talk about the latest news on the housing front and what you can expect

0:41.6

moving forward.

0:44.1

So speaking about moving forward, employers are trying to figure out what in the world

0:52.1

they're going to do in office type environments that account for roughly a third of workers

0:59.0

in the United States.

1:01.2

And if you go back to the spring of last year, I kept talking about how people who worked

1:09.6

in offices were generally the luckiest in the unlucky circumstance of COVID and that they

1:17.0

were able to keep working as before but from home and places adjusted and all that.

1:24.2

But there is a big, big genie that's been led out of a bottle.

1:30.0

People have gotten used to not having to commute at least not five days a week.

1:35.4

They go in what they call the hybrid kind of environment and people really have learned

1:42.5

to like it.

1:44.2

Bosses on the other hand, not so much.

1:48.6

And I saw an item in the business journals publication, they publish business newspapers

1:56.6

around the United States that nearly half of executives want their people at work again

2:06.0

five days a week.

...

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