- Published:
- Updated: Dec 15, 2023
- 4 Minutes Read
Great Work Innovations to Look Out For This Decade
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Work today is a volatile activity, which has experienced important changes before, during, and after COVID-19. Predicting what the new workforces will be like is a complex mission. However, we can talk about how technology affects these processes, increasing productivity and conditions for employees. Innovation will be indispensable for jobs in this decade.
Despite modern phenomena such as the Great Resignation, employment projections remain positive for the coming years. A Bureau of Labor Statistics report predicts a job market growth of 10 percent, increasing 11.9 million jobs between 2020 and 2030. Each industry has different plans, but in the paragraphs below, we will explore top work innovations in this era and all benefits for employees and companies.
Top 10 Future Work Trends in the Post-Pandemic Era
- Remote Work Demand
- Performance Tracking
- Tech Training for Employees
- Automation
- Flexible Work Hours
- Multi-functional Workspaces
- Diversity and Inclusion
- Sustainability
- Talent Retention
- Accountability
What is the true impact of technology on today’s economy? Future jobs will have common characteristics that show us the relevance of each tech process today. Take a look at the top 10 work trends for 2022 and beyond.
Remote Work Demand
Remote work will continue to grow even after COVID-19 is no longer a threat to the world. This trend will go through a period of definitive adaptation to consolidate a stable project for the global workforce. The remote work demand will grow and expand into more industries. One of the trends related to this scheme is the hybrid schedules.
Thousands of people will start working with hybrid systems in their companies, a revolutionary model that increases technological dependency in this century. On the other hand, famous companies like Facebook, Google, and Amazon started hiring 100 percent, remote employees. Remote work is the tool that helps people get outstanding job opportunities regardless of their location.
Performance Tracking
The goal of future companies is to get the most accurate results from their employees. This task may be complicated in hybrid schedules. However, data science is the fundamental factor behind this trend. Performance tracking is a model available in remote and traditional work.
The data collection, analytics, and processing services collect stored results to compare and verify the quality of the developments in real-time. In this way, companies can monitor the performance of workers objectively. Some of the analysis criteria are delivery time, quality of results, productivity, creativity, among others.
Tech Training for Employees
The high demand for tech services and the benefits of IT systems in companies require overqualified workers in this field. Modern companies recognize the importance of tech education in the workforce. Therefore, it is usual to see an increase in corporate training programs.
Some of the most frequent alternatives are certifications. Each program offers a guarantee that validates the knowledge of the employees, increasing the efficiency of its results and competitiveness in the job market. On the other hand, coding bootcamps are also a great alternative for employers and workers. The best schools offer programs on data science, cyber security, software development, product management, programming, among others.
Automation
Many people believe that automation and machines will replace all human activities. However, that dystopian future is not entirely accurate. Automation will also create more software design and related fields job openings. In addition, it will optimize services for clients, offering results in record time and reducing investment costs.
Machine learning and artificial intelligence are the technologies behind automation. The integration process covers important aspects of work, including recruiting strategies, job interviews, job assistance, work training, among others. The effectiveness of this method also depends on the collection of data from each worker, which generates services according to specific needs instead of generic answers.
Flexible Work Hours
Flexible working hours have become a hot topic that job seekers want and employers have to accommodate. According to Statista, 75% of professionals have deemed flexible working hours as the new normal. This signals to employers the need for adapting to asynchronous work schedules and more output-based performance metrics.
Job seekers enjoy flexible working hours because it allows autonomy by permitting them to work on their own time. It also streamlines communication, messaging and meetings become more purposeful as people work in different schedules. There’s less pressure because professionals can choose the hours they clock in. Overall, flexible working hours can increase a person’s productivity and independence.
Multi-Functional Workspaces
Due to companies shifting to remote work setups, office spaces have been incentivized to change lest they stay empty. Open floorplans in office spaces allow for more room and socializing.
Coworking is when a group of professionals from different companies rents out an office space to mitigate overhead costs. These commonplaces that professionals can use during working hours are another innovative way how people do business and work.
According to Statista, a projection by the end of 2024, there’ll be over 41,975 coworking spaces worldwide. Space sharing will become a prevalent trend in startups and small businesses that need office space to operate properly. This is also caused by skyrocketing rent prices, for example, an office in Washinton DC would cost $595 per square foot.
Diversity and Inclusion
Another trend that people will see in the coming years is the need for diversity and inclusion in organizations. Diversity and inclusion promote the appreciation of individual values on a cross-cultural level. You’ll see companies hire more black, indigenous, people of color (BIPOC), and LGBT+ individuals.
Moreover, diversity and inclusion are necessary tools in supporting marginalized individuals. Sixty-five percent of LGBT+ participants in a Statista survey indicated that initiatives in diversity and inclusion promote a healthy and supportive working environment.
There’s public pressure for small businesses and big corporations to promote diversity and inclusion in their working environments. Incorporating diversity and inclusion is a great brand development strategy for any business.
Younger people are more inclined to support causes that bolster diversity and inclusion. Through proactive activities via social media marketing or internal controls, you can promote the necessary values within your organization. Expect this trend to become more prevalent as more and more younger people enter the workforce.
Sustainability
Sustainability in the workplace is another key trend at the forefront of innovation. Employees expect some form of sustainability cause to be promoted within the company that they work with. They want a positive outlook and change for climate-related problems. Moreover, sustainable work practices and systems are to be implemented in the coming years. This is in line with ethical sourcing, fair trade, and eco-friendly business solutions.
Not only that, but employees also want sustainable work. Work that they enjoy and are able to do long-term. Work values have changed over the years and now professionals treasure a proper work-life balance and flexible working hours.
Talent Retention
Employee turnover was seen at an all-time high last year. According to the US Bureau of Labor Statistics (BLS), in November 2021 the total resignation increased to 6.3 million. So another trend that you need to keep an eye on is how employers and companies plan and ensure that professionals stay in their teams.
Talent retention has been brought to attention because of the shortage of applicants applying for vacant job positions. Employers have noticed that it has taken a long time to fill in empty work positions than it was before.
For some, they’ve remodeled their reward and feedback systems to ensure that employees are properly recognized for their output. Furthermore, employers have changed their compensation schemes and benefits to entice professionals to apply for job vacancies. This is in conjunction with the rise of remote work and the need for flexible working hours.
Accountability
Job seekers seek accountability in various forms. Firstly, they want corporate accountability, people want to see transparency and integrity in an organization or business as a whole. Secondly, leadership accountability, they want their managers and superiors to be more agile and adaptable. Lastly, individual accountability, professionals want trust and more opportunities to exercise their skills.
Accountability in the workplace is a trend that’ll garner waves of discussion as remote work becomes more prominent. With the rise in demand for flexible work hours, accountability will become evermore present. Professionals seek independence and control in their career and work decisions and employers are looking into filling out the gap.
Conclusion
Innovation in the job market is not exact because the tech industry is constantly growing and evolving to favor international demand. The general objective is to simultaneously create productive and suitable work environments for all employees. Pay attention to the trends above and get ready for the new era of work.
From the prevalence of remote work to the rise of accountability, job seekers want more control in their lives and choices as the business landscape shifts into new gears. Furthermore, new business practices will spearhead new models of sustainability to cultivate diversity and inclusion.
Moreover, fostering a proactive working environment that promotes these work innovations can harbor a healthy and productive team of professionals. These projected innovations are some of the key drivers in the change of working conditions and workflow. It can give a sense of direction to job seekers and employers as they navigate the ever-changing labor market.