The future of work trends will impact your Dallas company’s talent decisions over the next 5 years. Evaluating how these trends might affect your organization can help overcome these potential challenges.
Each future of work trend is essential to navigate talent challenges. These trends focus on shifting employee value propositions (EVPs), developing essential management skills, changing career beliefs, and how artificial intelligence (AI) is reshaping work.
Discover how the future of work trends will impact your Dallas company’s talent decisions.
Shifting Employee Value Propositions
The talent shortage is causing 4-day workweeks to become common. Offering additional flexibility through condensed workweeks helps attract and retain employees.
Many remote employees remain reluctant to return to the office. These employees are aware of the time and financial costs related to working onsite. Therefore, many companies will offer remote or hybrid work arrangements to improve their EVP.
More employees want their employers to help protect against climate change. As a result, companies will make their support plans more detailed and transparent.
Developing Essential Management Skills
Employee conflict resolution is becoming a must-have skill for managers. The ability to resolve interpersonal conflict supports employee relationships, collaboration, and team cohesion.
Diversity, equity, and inclusion (DEI) initiatives will remain top priorities. Leadership will continue to strengthen DEI throughout all levels of their organization.
Changing Career Beliefs
The tight labor market and declining undergraduate graduation rates are causing employers to focus on alternative credentials when hiring. Therefore, knowledge, skills, and experience will be more important than college degrees for making talent decisions.
Rising retirement ages, mid-career breaks, shifts across industries, and engagement in contingent work are increasing the popularity of nontraditional career paths. As a result, many employers are restructuring their talent management strategies to better attract and retain employees.
Artificial Intelligence Reshaping Work
The implementation of AI enhances workplace opportunities. For instance, the use of Generative AI (GenAI) creates additional jobs and helps employees increase proficiency with new technologies.
Because GenAI outputs often contain errors, data governance, quality control, and strong employee judgment are essential. Proper risk management helps avoid reputational, regulatory, and legal issues related to GenAI. Therefore, teams require training to develop judgment around information validity and how and when to use GenAI.
Would You Like Guidance and Support for Talent Decisions?
High Profile can provide you with guidance and support to make effective talent decisions. Reach out to us to learn more today.