What is a company’s most valuable asset? Some people might put a monetary value on assets, vehicles, computers, Intellectual property. Other people might see that all of those still require human interaction, and realise that people are still the most valuable asset a company has. Most successful companies recognize the valuable role that its employees play in ensuring the company’s success. Having said that, finding the ideal employee should always be your top priority in HR. The talent market is vast, and the workplace culture you foster can assist you in attracting quality candidates with the skills and attitudes that best represent your brand.
With most of us holding out hope to put 2021 behind us, we’ve turned our attention to the upcoming year. We’ve been observing the trends that are predicted to bubble up (or continue to expand) in business and workforce management. There’s a lot to tackle out there.
Cultural Trends in the Workforce:
1. Flexibility – As the demand for flexibility has grown, work practices such as remote working have emerged. Independent professionals, either contractual, temp, or non-permanent professionals, will get more opportunities in 2022 when it comes to finding the best clients they collaborate with and the environment under which they conduct business.
2. Alumni Labour – As baby boomers leave the company, skill gaps become more visible. The ‘corporate brain drain’ has likely resulted in massive intellectual property and expertise loss for businesses – and is amongst the most damaging workforce trends we’ll see. What we’re seeing more in 2022 is the cloud-based pooling of alumni talent for businesses to use on-demand.
3. Emphasizing Worker Wellbeing – Employers would prioritise their employees’ needs to take efforts to support a safe return to work, such as placing policies to prevent the risk of being exposed while we continue to strive for maximal herd immunity against COVID-19. Hence, employees will be seeking assistance to help them adapt and flourish in the face of changing working circumstances
Nowadays, we tend to identify the term “innovation” with technology, but it may evenly relate to how we structure workplace culture and its progress. These important trend observations, in our opinion, indicate how today’s businesses must react fast to technology and social progress.