In the wake of the financial crisis, many people struggled to find work. In 2010, there were roughly 24 million excess workers. Today, job vacancies nearly match the number of seekers. Companies and economies will need to boost productivity and find new ways to expand the workforce. Actions include: enlist AI and automation, increase retraining programs, and encourage older workers to work longer. Grow the supply-side pie ➡️ mck.co/laborshortages
McKinsey Global Institute’s Post
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- Some employees want better compensation. - Some want flexible work hours. - Some want to play a different role. - Some want to work on a new tech. - Some want growth. ✅ Each employee is different. ✅ Their priorities change from time to time. - That's why humans are needed. - As leaders to lead and engage with our teams. Artificial intelligence won't work! Automation won't work! Machine learning won't work! Let's not even try! We need humans to deal with humans! Isn't this true? Just imagine a scenario where machines are making critical decisions about our people! The lack of emotional intelligence and human understanding is an irreplaceable part of HR. The moment we forget this, is the moment we lose the heart of our businesses, our people. Being human means being imperfect. It’s about accepting and learning from these imperfections. Instead of fighting against this, let's celebrate the power of humanity in our workplaces.
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92% of senior executives say they'll need a more flexible workforce in the next 2 years. 88% plan to increase their agency worker usage. 80% say talent planning is more difficult today than ever. So says this fascinating report from the World Employment Confederation on changing workforce dynamics. Is your business properly supported with all available #workforce options?
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- Some employees want better compensation. - Some want flexible work hours. - Some want to play a different role. - Some want to work on a new tech. - Some want growth. ✅ Each employee is different. ✅ Their priorities change from time to time. - That's why humans are needed. - As leaders to lead and engage with our teams. Artificial intelligence won't work! Automation won't work! Machine learning won't work! Let's not even try! We need humans to deal with humans! Isn't this true? Just imagine a scenario where machines are making critical decisions about our people! The lack of emotional intelligence and human understanding is an irreplaceable part of HR. The moment we forget this, is the moment we lose the heart of our businesses, our people. Being human means being imperfect. It’s about accepting and learning from these imperfections. Instead of fighting against this, let's celebrate the power of humanity in our workplaces. #hr #humanresources #leaders #leadership #AI #people #passion #development #talent #innovation #creativity #linkedin #linkedinconnections #aach #goranmutalib #thursdaythoughts #goran #posts #engagements
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Social Media Strategist || Creative Writer || Digital Marketer || Voice Over Artist || #Canva Enthusiast || Talk-4-Life
Starting a new job often comes with financial challenges, particularly during the first month. As someone who has navigated the job market, I've seen how this can impact a new employee's ability to focus and perform at their best. When I establish my own company, I intend to implement a "settling-in" allowance for all new hires. This small financial boost will help cover initial commuting and other expenses, ensuring our team members can concentrate fully on their work from day one. Investing in our employees' well-being from the start not only fosters loyalty but also enhances productivity. #EmployeeWellbeing #NewJob #HR #WorkplaceCulture #Productivity #EmployeeSupport #FutureOfWork #Employers #Support #Fyp #Explore #Ai
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Managing Director at Accenture Technology in the Philippines | Health Industry Lead | Portfolio and Delivery Lead
Discover how to reinvent work in the age of GenAI. There are discussions on the economic and business upside of GenAI and there is more important topic on people upside where workforce sees GenAI enabling a more meaningful, fulfilling and let them contribute in new ways. https://lnkd.in/gY-gftWU
Work, workforce, workers
accenturemobileapps.storied.co
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International Development Advisor at Global Expansion - The World's Leading International Employer of Record (EoR)
Ready for a Workplace Makeover in 2024? Embrace the future with 4 transformative shifts shaping the modern workforce! 1️⃣ 4-Day Work Week: The dream turns reality! Studies show a 92% adoption rate in the UK, with benefits like increased happiness and a 40% productivity boost, as proven by Microsoft Japan. 2️⃣ Skills-First Hiring: Ditch traditional norms! Focus on skills over degrees, opening doors for diverse talent. In 2022, 40% of recruiters on LinkedIn prioritized skills, reducing talent shortages. 3️⃣ AI Slowed by Regulation: Brace for change! The EU’s AI Act sets the pace, with Biden’s executive order in the U.S. requiring safety transparency. Stay compliant with ethical AI. 4️⃣ Career Flexibility: Elevate employee satisfaction! Support career goals with structured pathways. The Ceridian Pulse of Talent Report reveals that 51% would stay for career opportunities. Ready to reshape your workplace? Adapt to these shifts for a progressive, efficient, and inclusive future of work! #globalexpansion #futureofwork #AI #globalhiring
Forbes Article: 4 Leading Shifts That Will Shape The Modern Workforce In-2024
forwrd.it
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Ready for a Workplace Makeover in 2024? Embrace the future with 4 transformative shifts shaping the modern workforce! 1️⃣ 4-Day Work Week: The dream turns reality! Studies show a 92% adoption rate in the UK, with benefits like increased happiness and a 40% productivity boost, as proven by Microsoft Japan. 2️⃣ Skills-First Hiring: Ditch traditional norms! Focus on skills over degrees, opening doors for diverse talent. In 2022, 40% of recruiters on LinkedIn prioritized skills, reducing talent shortages. 3️⃣ AI Slowed by Regulation: Brace for change! The EU’s AI Act sets the pace, with Biden’s executive order in the U.S. requiring safety transparency. Stay compliant with ethical AI. 4️⃣ Career Flexibility: Elevate employee satisfaction! Support career goals with structured pathways. The Ceridian Pulse of Talent Report reveals that 51% would stay for career opportunities. Ready to reshape your workplace? Adapt to these shifts for a progressive, efficient, and inclusive future of work! #globalexpansion #futureofwork #AI #globalhiring
Forbes Article: 4 Leading Shifts That Will Shape The Modern Workforce In-2024
forwrd.it
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Great insights from the new Decoding global talent study. Employers must understand what matters to workers and job seekers. So, we sought answers to key questions: - What do workers value most in a job? - How do job seekers perceive their position and negotiating power on the labor market? - Do people use GenAI? What impact do they think GenAI will have on their jobs, and what are they planning to do to ensure that they have marketable skills now and in the future? - What should employers do to attract and retain workers
How Work Preferences Are Shifting in the Age of GenAI: Decoding Global Talent 2024
bcg.com
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Workplace biases and systemic barriers pose a significant challenge that could hinder career advancement and job satisfaction for diverse talent. Learn more in our Closing the Activation Gap: Converting Potential to Performance by Upskilling the Workforce report below. #professionaldevelopment #careers #diversity #futureofwork #TeamDeVry
Closing the Activation Gap: Converting Potential to Performance by Upskilling
trendingatdevry.com
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