Work Trends in 2024 that will change the world of work
As the world rapidly changes, so does the nature of work. Organizations filled with diversity must navigate how to grow together.
- Innovative welfare initiatives can make a significant impact on society. Examples include mental health support, covering travel and accommodation costs, offering hybrid or remote work options, and providing housing closer to workplaces. Trends like the 4-day workweek are becoming more popular and are currently discussed. To attract and retain top talent, organizations need to design effective hybrid work models and find ways to help employees with problem-solving and sharing work-related expenses.
- Generation AI will increasingly take the roles in the workforce. However, it does not completely replace humans in all positions. They will create opportunities and reduce the workload for humans. It becomes crucial for organizations and HR departments to plan how to integrate AI effectively with human work.
- Conflict resolution skills are vital for current leaders and managers due to differences in age and perspectives. Gartner reports that managers feel that their job is to manage team conflicts rather than just performing tasks.
- Skills outweigh degrees; in the future, degrees may become less important in job applications as organizations prioritize skills relevant to the job. For instance, companies like Google and Accenture have already indicated that not having a foreign degree is not a barrier to employment.
- New career paths are emerging where employees no longer adhere to the traditional career trajectory of growing within one field until reaching the top position. For example, someone working in marketing for three years may decide to switch to a different field.
It’s essential for each organization to consider which work trends will have the most significant impact and start implementing changes now to stay competitive and keep up with the evolving world of work.
Ref. The Standard
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