Job site company Glassdoor made its 2022 U.S. word of the year “return-to-office.” While Glassdoor’s ranking of buzzwords is based on data rather than anecdotal evidence — for context, “RTO” mentions in job reviews jumped 122% from 2021 — I am making a case for the word “recession” instead.
Not only did it incite a range of emotions from HR professionals and workers at large, but the word “recession” fueled organizational upheaval and drove entire industries to shift talent strategies.
To be fair, Glassdoor’s data does nod to widespread recession concerns. Year-over-year mentions of “hybrid” increased by 388% and “inflation” mentions jumped 322%. Coming in third place and ranking above “return-to-office” was “recession,” which was mentioned 133% more in 2022.
Unlike “return-to-office” — a cousin of Glassdoor’s 2021 word of the year, “hybrid” — “recession” is the word with greater reverberations this year. The economic downturn added a fresh layer to all kinds of HR conversations: company profitability, pay and pay transparency, layoffs and how those layoffs affect employee experience. It’s worth noting that of all the tech layoffs in 2022, Elon Musk’s takeover and makeover of Twitter is a masterclass in what not to do in reducing headcount.
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