Image by Jane Palash
It’s that time of year when HR experts make predictions about which workforce trends will dominate 2024. We’ve sorted through the deluge of think pieces to bring you a few of the themes we find most interesting.
Generative AI
If an author didn’t mention Generative AI, we didn’t even keep reading. According to Robert Half, 41% of workers surveyed said GenAI will have a positive impact on their career. McKinsey also reported that one-third of companies have adopted GenAI for at least one function, and 40% are planning to increase their AI investments.
HR teams are also embracing AI with enthusiasm and only slight trepidation. According to Lattice, 65% of HR professionals said they aren’t worried about their own job security as a result of AI, and 76% of companies said they have either started discussing, are actively exploring, or have implemented AI practices. GenAI is here, and you better get on the train!
Skills-based recruiting
As the need for specific technical competencies continues to grow, we’ll see more companies adopt skills-based recruiting. Will this be the year that the B.A. becomes N/A? Probably not, but it does mean that people operations leaders will need to find new ways to assess candidates for in-demand skills and coach employees on how to better demonstrate their skills through certificates, interviews, keyword-optimized resumes, LinkedIn profiles and more.
Flexibility is queen
After salary, flexibility is the number one priority for workers evaluating job opportunities. People operations leaders will need to balance the desires of executives to build a cohesive corporate culture with worker demands for more freedom and flexibility.
As companies become increasingly eager to get employees back to the office for hybrid work schedules, you can expect to see them roll out expanded wellness, rewards, and incentive programs, as well as (hopefully) better training for managers and employees navigating hybrid work structures. Will 2024 be the year we finally see a critical mass of companies experiment with the coveted 4-day work week? We can all dream.
Upskilling is table stakes
According to Survey Monkey, 86% of employees say upskilling is important, and 74% are willing to devote their own time outside of work to learning. And yet a study by EdX found that while half of executives believe they have created a strong culture of learning that allows time for upskilling, only 20% of employees agree.
In 2024, LinkedIn Learning says that companies will need to embrace more agile approaches to continuous learning, including microlearning, personalized development plans, and AI-powered learning.
Best of luck in 2024! You can find great upskilling resources – from GenerativeAI to remote work to workplace culture – on OneRange. And don’t hesitate to drop us a line at [email protected] if you’d like to learn more about our AI-driven, people-powered upskilling platform.
