It’s 2023; the world keeps evolving, with many developments and innovations coming up. The work environment is not left out; many new trends are coming up to shape the future of work in positive ways. As the world keeps developing and changes keep rocking the work environment, one needs to adjust and prepare for new challenges and take advantage of the opportunities that come with the changes.
This article will explore the future of work beyond 2023, looking at the trends and predictions we can expect to see in the coming years.
1. The widespread remote and hybrid workstyle
It’s been about three years since we experienced the effects of COVID-19 on our work culture worldwide. During the lockdown, most companies adjusted their operation mode to allow their workers to work from home to reduce the spread of the virus. However, before COVID-19, some companies were already running on a remote work mode template since the advent of technology has made it easy to work remotely.
Many companies have now realised that they can have their workers work remotely or have a hybrid work schedule that allows them to visit the office only a few times and reduce their cost of operation in the office. The remote workstyle also helps reduce employees’ expenses and increase work productivity.
More companies are now adopting the remote workstyle because of its benefits. However, the remote work style has setbacks, such as maintaining the company’s work culture, managing the remote team, and providing the necessary resources for a remote work environment.
2. The Artificial Intelligence (AI) effect
Artificial Intelligence, also a technology product, is another area in which the work trend is shifting. Many aspects of business operations now implement AI to carry out their functions. Artificial Intelligence aids the automation of many routine tasks and decision-making processes in the workplace.
Predictions are that AI will play a significant role in jobs in the coming years, especially routine roles like data entry, content creation, and data processing. This development will threaten the workforce in the affected roles, and those involved will have to upskill to survive the new changes.
3. The wide acceptance of the On-Demand Pay option
On-Demand Pay or Earned Salary Access is another new trend in the work environment. This development allows employees to request their earned workday salaries before the official payday. Employees in this scheme will be able to dedicate adequate attention to their work as it helps to solve the problem of financial stress; this will improve the workplace’s productivity.
Recent predictions state that more businesses will make the On-Demand Pay option available to their employees as they are likely to benefit a lot from the development, such as retention of talents, attracting new talents, increased productivity, and improved employer/employee relationships.
You can check out Earnipay’s On-Demand Pay as a business owner for more information on how to allow your employees early access to their earned salaries.
4. The rise in the gig economy
Another recent work trend is the rise of the gig economy, which refers to the use of temporary or freelance workers to perform jobs typically in the service sector. Many businesses now work with a system that allows contract workers and freelancers to work on contracts that do not require a full-time job offer.
Companies like Bolt, Uber, Taxify and other ride services are popularly known for using the gig economy system. You don’t have to be an employee to work with them; all you have to do is sign their contract and agree to their terms and conditions to be a rider on their platform.
As the gig economy continues to grow, we expect people to adjust to this system as they see it to be more comfortable. Many employees are now quitting their 9-5 jobs to be freelancers. Businesses should adapt to this new trend and find a way to set up a system that accommodates gig workers.
5. The Importance of Continuous Learning
As new trends rock the work environment, there is a need for one to cultivate the learning habit. There are new technology tools that aid the work process, and learning how to use these tools is essential for every worker. Workers will need to upskill continually to stay relevant in the job force.
Businesses also need to create avenues to train their workers on the new trends in the work environment. To increase productivity, workers must learn about the tools that make their work easy to execute. Continuous learning is one practice every worker has to uphold in this modern workday as it keeps workers relevant in their careers.
As technology keeps impacting the work community positively, business owners should take advantage of this development and invest more in technological resources to benefit their businesses. However, workers must be ready to learn continually to upskill just to stay relevant in their careers with the new trends.
As new trends rock the work environment, businesses and employees must stay informed and be proactive about new developments. Business owners can develop schemes to keep their workers updated on the recent trends in the work environment.