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Category: Workforce Trends

2023 LinkedIn Talent Trends Report – May 2023 | LinkedIn Talent Solutions

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Workforce Trends

This latest LinkedIn global talent trends report explores labor-market trends and their implications for candidates, employees, and the workplace. The trends are organized into four areas: 1) Hiring, 2) Internal Mobility, 3) Employee Values, and 4) Employee Growth. One finding is that while hiring has slowed down in many organizations, internal mobility is trending upward across 16 of 19 global industries (via promotions and internal role …

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Future of Jobs Report 2023 | The World Economic Forum

Posted on by Brian
Workforce Trends

This report explores how jobs and skills will evolve over the next five years. While there are too many insights to summarize from this massive 296-page report, three insights include: 1) Employers project that 83 million jobs will be lost and that 69 million jobs are projected to be created, constituting a structural labor-market churn of 152 million …

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New Regulations Will Force Companies To Address Pay Equity | Kathi Enderes

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Workforce Trends

This article summarizes regulatory updates that have implications for how organizations approach various aspects of pay equity. While you can read the details of these regulations (e.g., the European Parliament approved a groundbreaking law, the Pay Transparency Directive, Australia made broad changes to the Fair Work Act, etc.) in the article, one point made is …

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Gen What? Debunking Age-based Myths about Worker Preferences | McKinsey & Company |

Posted on by Brian
Workforce Trends

Many organizations segment their workforce into various categories to better understand the needs and preferences of workers. One lens through which worker preferences have been viewed is “generation”—the different age groups or cohorts of people currently employed or seeking employment in a particular industry or organization. But as noted in this article, work preferences appear to …

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Workforce Ecosystems and AI Research Report | The Brookings Institution

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Workforce Trends

As the number of contingent workers (e.g., contractors, freelancers, professional services workers, etc.) continues to expand in many organizations, HR leaders play a critical role in helping their firms manage and coordinate their workforce as an ecosystem of both external contributors and internal employees. This challenge is magnified given the impact of artificial intelligence (AI) …

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The Potentially Large Effects of Artificial Intelligence on Jobs | Goldman Sachs Economic Research

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Workforce Trends

This 20-page paper analyzes the impact of generative AI on the economy and jobs. Based on occupational tasks data in the US and Europe, the report notes that roughly two-thirds of current jobs are exposed to some degree of AI automation and that generative AI could substitute up to one-fourth of current work. The analysis suggests 300 million jobs …

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Managing the New Tensions of Hybrid Work | MIT Sloan Management Review

Posted on by Brian
Workforce Trends

Last week, I made a post about an article covering various regulatory developments that have implications for organizations’ remote work practices. For example, one point mentioned the European Union’s right to disconnect—a labor law concept that formalizes employees’ rights to disengage from work and refrain from work-related electronic communications during non-work hours. As leaders consider various factors that influence …

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The Five Things CHROs Need to Know About the FTC’s Proposed Non-Compete Ban | HR Policy Association

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Workforce Trends

Noncompete agreements—which restrict employees from competing with their employer during or after employment—are used in many organizations. These clauses are often designed to prevent an employee from working for a direct competitor, starting their own competing business, working in the same industry, or soliciting the employer’s customers or clients. I previously shared that, on January 5, …

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The New-Collar Workforce | Harvard Business Review

Posted on by Brian
Workforce Trends

Many organizations continue to face challenges in attracting and hiring talent. However, hiring managers often contribute to this challenge by including irrelevant criteria in their job descriptions. One selection criterion that has come under increased scrutiny is academic degrees. As organizations use academic degrees as a filter for identifying talent—particularly for roles where this criterion is less …

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Work-From-Home Regulations Are Coming. Companies Aren’t Ready | MIT Sloan Management Review

Posted on by Brian
Workforce Trends

Leaders continue to make decisions about their firms’ hybrid and remote work policies and practices. While much of this discussion has focused on topics such as the number of days workers are required to be in the office, this new article raises another factor for leaders to consider: complying with a growing set of regulatory frameworks governing remote …

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