What are The Top 5 Trends of Global Workforce?
The pandemic has shaken the work culture to its core. Workplaces have entered living rooms, transcending office cubicles. The strict 9-to-5 has changed its course, offering employees the liberty to choose when and where to work.
With the advancement of technology, work culture continues to evolve, redefining the employer-employee relationship.
In the past decade, the workforce has seen significant changes in their work. There have been many changes in how workplaces are run, from new ways to organize and manage technology to the changing landscape of workplace design.
Here Are the Top 5 Global Workforce Trends
The global workforce is in transition. The way we work, how we learn, and how we live are changing. We will discuss some trends in the global workforce.
#1: Global Democratic Shifts
Post-pandemic developed countries like the United States are suffering from skill shortages caused by the aging population, especially in the health, education, and engineering sectors. Unlike developed countries, developing countries like China and India have created a pool of skilled workers who can efficiently fill the shortage of skilled workers overseas.
With human capital moving across borders, the GenY workforce is showing unity in diversity. Globalization has made it possible for companies to have highly skilled employees worldwide. This has led to a shift towards cooperative working styles and increased collaboration between employees and managers.
The global workforce is changing. What was once a homogenous group of workers from the same countries is no longer the case. The world has become more connected and diverse, so the workforce is also more diverse.
#2: A More Skilled Workforce
With the evolving work culture, having a valuable skill set is no less important than having a degree from an elite university. The current economy has given rise to highly skilled workers who have acquired knowledge beyond the scope of any degree. This has led to a new trend in the workforce, where knowledge is valued more than credentials.
With this change in mind, there is a growing demand for highly skilled workers in various fields.
Companies understand the importance of highly skilled workers to get an edge in the competitive world. No company can deny that skill is the key to innovation and success within information-age enterprises.
The workers and the employees of 2022 are of the opinion that this trend has motivated them to learn new skills that they can capitalize on for new career opportunities.
#3: Hybrid Work Culture
The hybrid work culture is a new trend currently sweeping the globe. In today’s world, hybrid work is more prevalent than ever due to technological advancements such as remote working and telecommuting options that allow employees to perform tasks from anywhere they want.
This can be very helpful for those who have families or who have children at home. It has significantly reduced commute time, and your family doesn’t have to wait for you at home to see you.
Research conducted by a video messaging platform, Loom, shows that 90% of employers enjoy the freedom to work from the comfort of their homes while being present for their families.
With happy and productive employees, we can ensure the trend of hybrid working is here to stay, even in 2023.
#4: AI-Driven Workforce
We live in a world where AI is becoming more and more integrated into our daily lives. It can automate tasks or help us complete them more efficiently. The use of AI has become so prevalent that it’s estimated that 90% of companies will use it within five years.
This means that the way we work will change drastically over the next decade or two, with many new technological developments coming to market and changing how people approach their jobs.
AI can help businesses save money by automating repetitive tasks, so they can focus more on higher-value activities like sales or marketing. It can also help companies hire faster because they don’t have to screen candidates as much as they did earlier.
According to the World Economic Forum, artificial intelligence has the potential to create 97 million new jobs by 2025. However, there will be a demand for employees to perform tasks that require a human touch.
#5: Workforce Wellness is the New Fitbit
Mid- and post-pandemic employers are increasingly focused on their employees’ health, and it’s not just about keeping them healthy but also helping them stay productive and engaged.
Employers are now looking for ways to improve employee productivity by:
- Providing on-site amenities like gym memberships and yoga classes.
- Supporting employees with health management plans.
- Providing opportunities for employees to take advantage of mental health services like counseling and therapy.
The global workforce is constantly evolving and changing how people work. Technology is one of the reasons behind this phenomenon. Businesses must adjust their business models to keep up with these changes and improve efficiency.
The workforce landscape is rapidly changing, and new technologies enable the workforce to be more connected, efficient, and productive. But what exactly are the trends that will shape our global workforce in the coming years?
In this article, we discussed together five emerging workforce trends that will shape how we work for years to come. At Ezyhire, we help companies reach and hire top talent. Ezyhire offers several features that help streamline and automate the entire recruiting process. The recruitment process can be a tedious and time-consuming one. But with Ezyhire, you can get the best out of your people.
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