Today, our workforce is more complex than ever, spanning multiple generations and demographics.The world’s current workforce includes a mix of “Baby Boomers” (currently ages 57-75), “Gen X” (currently ages 41-56), “Millennials” (currently ages 25 – 40), and “Gen Z” (currently ages 9 – 24).
A recent PricewaterhouseCoopers survey showed that 68% of companies invested in reskilling or upskilling to handle changes within the organization. 65% invested in training employees on new technologies.
Currently, 57.3 million people in the United States work in freelance, or the “gig economy.” What is the “gig economy”? How much can it impact the future workforce?
The phrase “lifelong learning” has become so commonplace it’s nearly a cliche, but this popularity is for good reason. Lifelong learning enables professionals in all industries to improve their skills, learn new perspectives, and become more valuable and effective team members.
It is an exciting time for Human Resources. Data analytics and artificial intelligence (AI) are evolving HR in order to amplify organizational growth.
One topic that has garnered a lot of awareness in Human Resources is employee well-being. For several years, Deloitte’s annual Global Human Capital Trends survey has acknowledged a growing concern surrounding employee well-being and how well-being affects employers.
Ongoing professional development creates a culture of achievement, increases employee engagement and retention, and contributes to a more successful team overall.
One of the best indicators of success is the growth of your organization. Growth not only in terms of revenue or the amount of clients you have, but also in the number of employees on staff.
In the era of big data, people analytics has become a growing factor in organizational decisions made by human resources and executive leadership.
By guest author: Michael has been working in marketing for almost a decade and has worked with a huge range of clients, which has made him knowledgeable on many different subjects.