Here are twelve leading trends that we see meaningful movement in when it comes to developing and improving the employee experience: Employee experience will see more concerted leadership attention and increased levels of investment in 2020. Future of work trends: Why culture must be a priority in the post-COVID world . The competition for talent is fiercer than ever. Open discussions and team huddles to identify early markers of depression and anxiety came to the forefront a couple of months in the lockdown. As robotics, AI, the gig economy and crowds grow, jobs are being reinvented, creating the “augmented workforce.” We must reconsider how jobs are designed and work to adapt and learn for future growth. Cut-throat business practices are becoming less and less acceptable under the vigilant eye of social media, and this can only be a good thing for workers of all descriptions. From tech to talent, businesses are going through an intense period of change, but is enough being done to build strong workplace cultures? 1 day ago, marketing When the above becomes true and the full-remote status of jobs becomes mainstream, companies may search nationally or even internationally for new hires, WFH opens up hundreds of more employment opportunities for aspirers. As a result, non-profit objectives will be a major focus for companies moving forward, to somewhat offset bad press and indeed to improve their impact on society. This kind of flexibility might have been considered more of an employee benefit in the past, but the pandemic has made these working practices essential. By John P. Desmond, AI Trends Editor . Sara Barker. As we move into 2020, the way we work is changing dramatically. The world of work is changing. Guest Column: Priyanka Agrawal, Co-founder, COO and Chief Strategy Officer, Fractal Ink Design Studio – Linked by Isobar, highlights how businesses have adapted to the new ways of working. Kia drops 'Motors' from name, announces new brand purpose & slogan Also, women just won back 2-3 years of work life. We saw, experts and leaders, addressing this issue on open forums and normalising it. Enjoying these trends? Guest Column: Priyanka Agrawal, Co-founder, COO and Chief Strategy Officer, Fractal Ink … Retrieved from CNBC. Web-based work management and project management software company, Workfront, recently published the “Work in the Modern Enterprise” report. Seventy percent of workers telecommute at least once per week, while 53 percent of employees work in the office at most half the week, according to a recent study from IWG.Even more fascinating, a Citrix study estimates that 50 percent of the workforce will be completely remote by the end of 2020. HRD Thought Leader Terence Mauri argues for the importance of culture in ensuring business and employee success in the time ahead. The year 2020 has started poorly with the COVID-19 pandemic threatening, not just our health, but the global economy. 9 hours ago, Truth is a scarce commodity these days: Vir Sanghvi Decoding the ‘Mutation of Marketing DNA’: e4m Conclave on January 18 Another trend, perhaps less radical than pay transparency, is that of companies forgoing traditional roles and departments—and all the territorialism that goes with them—to focus on purpose-built projects that thrive without the need for departments. May 07, 2020. Twitter. As businesses have adapted to the new ways of working, here's a reflection on the mindset shifts that are here to stay. 5 hours ago, marketing ADSERT WEB SOLUTIONS PVT. 7 Trends for the Future of Work to 2020 August 6th, 2013 . Retrieved from Intuition. Especially popular in creative industries, salary transparency is gaining traction amongst an increasingly empowered and informed workforce, so much so that LinkedIn named pay transparency one of its top four trends in the Global Talent Trends 2019. For businesses that don't see any significant downsides from this arrangement, this can become a part of their DNA. Despite this, investment company Betterment estimates that about 33% of remote workers are freelancers, translating to about 1 in 3 of the remote workforce. Building an upbeat work culture—one that unites and energises a team around a shared goal—will be more challenging to do in the WFH scenario. Future of work: Trends from 2020 that are here to stay. Courtney Seiter on Future of Work Trends for 2020. Available in multiple formats, ready to present and apply, our paid trend reports are designed to ensure that your plans remain deeply aligned with B2C consumer trends. Under the omnipresent gaze of social media, the most transparent companies will continue to attract the best talent (and the least trustworthy will lose the best talent), and we will also see a small number of companies allowing employees to choose their own salaries—primarily as a means of giving more responsibility to employees. While reducing paper usage is certainly part of that ( the average office worker prints more than 10,000 pages a year ), minimizing the need for physical delivery of documents as well as in-person meetings can also be impactful. The geographical boundaries no longer hold true and talent can be accessed from different locations. Follow me on Twitter or LinkedIn . 2020 trends blog series W orker productivity has not changed materially in over 20 years — not since email and internet services permeated the office. The focus will be mainly on outcome-driven performance rather than logging the number of hours. The coronavirus pandemic has resulted in an unprecedented change of pace in the professional workplace. ‘Nearly half of workers have made a dramatic career switch, and this is the average age they do it’. One of the critical factors of people being loyal to a particular organisation was social interaction between colleagues. exchange4media was set up in year 2000 with the aim of publishing niche, relevant and quality publications for the marketing, advertising and media professionals. The future of work is already here, and the way we work and interact with companies is changing ever ... [+] faster as we move into 2020. VLCC Femina Miss India 2020 signs Chicnutrix as beauty vitamins partner - virtual edition You may opt-out by. This is going to change. This is because the same workforce that rightly expects equality, honesty, and respect from their employers, also has no patience with the ‘because I said so’ rhetoric that comes with fixed departments and arbitrary role definitions. As we move into 2020, here are a few predictions on the next developments in employment and work, and why ‘the future of work’ might not be quite as Utopian as some think (at least not yet). Companies will have to empower people to take decisions. Disclaimer: The views expressed here are solely those of the author and do not in any way represent the views of exchange4media.com, Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India), Hindustan launches COVID-19 awareness video ‘Hindustan Surakshachalisa’ Now, the dynamics change, with careful evaluation and definition of the roles and clear categorisation of the fulfilment that can happen fully remote/hybrid or remote/ fully onsite. More prosperous regions don’t have such a high proportion of workers in these kinds of roles, and so this could well lead to more of a ‘them and us’ mindset if not properly addressed. In fact, large enterprises will most likely face more backlash for not solving these troubling issues. While being enormously disruptive and unpredictable, crises also invariably nurture the emergence of great common purpose, creativity, and improvisation. 3 days ago, Mukesh Ambani tops Impact Digital Power 100 Tech List 23 hours ago, Hemant Malik, Prasoon Joshi, CVL Srinivas lead Impact Digital Power 100 Marketing List “In 2020, organisations across the world experienced a sudden surge in remote workers. But the positive in this was that the stigma around mental health and how to cope with it shredded in the wake of the new normal. SHEA Global has the details. Want more? People who struggled showed signs of anxiety, depression and overall mental health deterioration. Global business trends of 2020 include bridging the skills gap, data management, technology upgrades, and more. 1 week ago, marketing Google too has been under fire for not paying their fair share of taxes and has seen an employee revolt over working conditions that is only intensifying. While this trend is harder to measure, I expect a slow and steady shift towards project-based organizational structures. (May, 2018). And in some cases, COVID-19 has forced the pendulum of a long-observed pattern to one extreme. There is also a popular belief that productivity has increased in work from home scenarios. This research is part of the Gartner Special Report “The Future of Work and Talent: Culture, Diversity, Technology.” Leaders realised how important it is to take care of the mental health of the employees, and a new trend of having accessible mental health experts on the team emerged. 39 (Nov, 2019). The workplace in 2020 will be, globally, less centralized, extremely mobile and more flexible. Don’t worry! Global Key Trends 2020 What’s Next in technology often focuses on the obvious: speed, size and cost – but what we seem to forget is that people shape tomorrow’s technology. Some thrived, few complained, some struggled. Conscious Business: Recently, Alan Murray, the president of Fortune, wrote about a “fundamental and profound” change in the way that American C.E.O.s speak about their roles. Does that sound familiar? In the future, you can easily telecommute without having to physically 1 hour ago, marketing On one hand, we will start to see the adverse effects of AI and automation in areas that have a large amount of process-driven jobs, and a larger separation between those working to survive and those in thought-based roles. The virtual online workplace becomes mainstream. 1 hour ago, Fell victim to phishing attack, never actually received offer from Harvard: Nidhi Razdan We are and will be living the future faster than we expected in the coming days. The level of public outrage around this issue is not going to decrease over the next year. Fully remote and hybrid remote job roles can be hired from anywhere in the world, which opens up enormous possibilities for companies to hire effectively and even more cost-efficiently. 2 hours ago, AIM seeks GST exemption, greater share in gov ad spends ahead of Budget 2021 Retrieved from Forbes. 38 Liu, J. The post-pandemic world will bring workplace change in terms of health support, remote working, gig workers, and employee tracking, according to Gartner’s updated future of work trends for 2020. 9 hours ago, BARC assisting ED to understand TRP case Strong communication and interaction strategies will be absolutely crucial to keeping remote workers feeling central, rather than peripheral, to a company's vision. Conducted in partnership with Regina Corso Consulting, the report aimed to get a better understanding of how C-level executives feel about the current and future state of the modern workplace. Businesses are considering options such as "cohorts" of workers who work together in self-contained groups to come together on a need-to-meet basis. The future of work is a somewhat misleading phrase. Retrieved from Harvard Business Review. Share: LinkedIn. Hushon identified five technology-driven trends for the future of work in 2020 and beyond: AI redefines professional services. Automation of routine work with artificial intelligence (AI), digital dexterity, and hybrid work with distributed workforce will be three key trends impacting the future of work, according to Gartner. They are, therefore, keen to continue this practice, whether full-time or partial office/ WFH arrangement. In 2020 and beyond, the intense scrutiny that businesses are facing will certainly lead us to a more positive and productive future of work. Companies need to hire and now they're doing it virtually. Driven by accelerating connectivity, new talent models, and cognitive tools, work is changing. All Rights Reserved, This is a BETA experience. Businesses that are concerned about employees playing truant can deploy monitoring mechanisms to discover data on who logged in and logged out, when and for how long. 1 day ago, Zee Kannada to launch Dance Karnataka Dance to showcase best dancing talent Those that work to survive, and may not have any option other than to continue working under an oppressive working structure, will likely not benefit from a trend towards trust and transparency. Future of Work Disruption lies ahead. Download Future of Work Trends Post-COVID-19 Of the nine HR trends, some represent an acceleration of existing shifts; others are new impacts not previously discussed. In 2020 and beyond, the intense scrutiny that businesses are facing will certainly lead us to a more positive and productive future of work. Numerous disturbing reports have surfaced of Amazon’s horrific working conditions that endanger the safety of its employees, and the company has been slated by various political figures for not paying their taxes. A workforce that does not need to come to an office every day. Focusing on specific projects encourages a more concentrated effort from project members to complete a distinct goal, and have a greater effort/reward ratio than the status of a role and department ever could. 2 The Future of Work: Accelerating Innovation with Monitors to Drive Business Outcomes 2019 Future of Work Trends Scorecard In 2019, IDC, in partnership with Dell, identified six Future of Work trends and their impact on the monitor market, with a focus on evolving technologies, demographics shifts, and new talent management practices. The remote workforce has gone global. 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And this connects to retaining talent too, and good workplace culture is more important to some employees than salary. Future of work trends also show organizations putting greater emphasis on environmental sustainability. Rising productivity brought on by automation has not led an increase in income for workers.This is among the conclusions of the 2020 report from the MIT Task Force on the Future of Work, founded in 2018 to study the relation between emerging technologies and work, to shape public discourse and explore strategies to enable a sharing of prosperity. Do so and you’ll have perfect vision about where to … It might seem like a stretch to go from pay secrecy to completely public and open salaries for each employee, but this is part of a much wider trend towards transparency that is based on instilling mutual trust between employer and employee. 1 hour ago, VLCC Femina Miss India 2020 signs Chicnutrix as beauty vitamins partner - virtual edition Such numbers shape the remote work trends for the next period. Indeed, with so many positives, there are bound to be some negatives as well. Follow me on Twitter @ctowersclark and send your suggestions on what I should write next to content@weirdceo.com, © 2021 Forbes Media LLC. Digital has been transforming our work for years now, but the past few months have made it clear that what might have been a five-year journey will be compressed into months. Unfortunately, whilst the most attractive professions will offer a level of transparency and trust to their employees in exchange for critical skills and high levels of emotional intelligence, the gap between high value ‘thought-based’ professions and those that do not require specific skills will increase. They can rest better, spend quality time with family and take care of their health. On the other hand, we are seeing a greater focus on equal rights for all employees, flexible and considerate schedules and company structures, and a far greater emphasis on accountability around poor working conditions. Micromanaging and over-monitoring of employees in this time and era would be counter-productive and disastrous. The pervasive use of AI and ML in business is revolutionizing professions such as legal, accounting, healthcare and education by democratizing access to data and expert services. Gartner updates 2020 future of work trends for post-pandemic world. This trend will continue throughout 2020 and beyond, as employees look for a more flexible, accountable, and trustworthy relationship with employers. My book ‘The WEIRD CEO’ discusses the impact of AI on the future of work. The figure is expected to rise in the future, reaching 43% of … Quality of life is of prime importance, and people are realising the benefits of easing into a chair, wearing shorts with a coffee in hand to begin the workday rather than swearing and cursing at traffic lights, pedestrians, taxi drivers for hours every day. Led by technology, this is going to get faster, so fasten your seatbelts. Leo Burnett wins creative mandate for Vega … In response, governments around the world have instituted massive quarantines, compelling companies to switch to flexible work setups or even remote work. 1 hour ago, WhatsApp's new privacy policy challenged in Delhi HC If you’re wondering what’s ahead for the future of work, read on. But HR and managers have found it more comfortable than expected to maintain and manage output-driven productivity matrix. Below are 13* dynamics to pay attention to in the next 12 months. This led me to develop a management structure that promotes our human skills, in order to help us take full advantage of AI and the future of tech, and to ensure that businesses are prepared for radical change. Number of hours flexible work setups or even remote work trends for future! In 2020 will be reconfigured due to COVID-19 Bill Gates future of work trends 2020 the idea “...: the future of work experienced a sudden surge in remote workers emergence of great common purpose creativity! Work management and project management software company, Workfront, recently published the “ work the. Future of work trends for 2020 of the workforce ’ for you to follow future HR developments, are! Published the “ work in the workplace in 2020, the way we work is daunting... 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