Technological developments, economic changes, globalization and automation are making the world move faster, and businesses are having to understand the new needs of employees and transform. Knowing and applying labor market trends, we get new ideas and methods of work, and create a more flexible and favorable environment for professional growth. Such changes affect both business owners and employees, and have a fine line between personal and professional life.

Remote work

Working from home or anywhere on the planet has begun to represent a serious competition to the usual office work. Significant improvements in technology and the new mindset of Generation Z could not but affect business processes and their rethinking. Therefore, more and more employees are open to flexibility and freedom in the workplace.

Preferences for flexible working hours

The usual 9:00 to 18:00 work schedule may also undergo significant changes. And there are important reasons for this – for example, 71% of employees say that rigid working hours have a negative impact on their personal lives.

Large companies are already experimenting with changes in workload. For example, in New Zealand, after a two-month trial period, the company found that with a flexible schedule, employees’ life balance increased by 24%, the degree of employment increased by 20%, and stress levels dropped by 7%.

Gender equality

The trend of gender equality opens up more prospects for women’s professional development. More and more companies are stepping up their equality efforts to close the gender gap. Ernst & Young research shows that female executives can increase company profits by 15%.

The focus on gender diversity is also supported at the state level. For example, California recently passed a new law to increase the representation of women on the boards of public companies.

Interaction between robots and humans

The first interaction with robots in the workplace caused discontent among employees. However, the gradual global evolution of artificial intelligence and machine learning allows employees to coexist harmoniously with robots.

Nowadays, robots help automate current workflows, reduce costs, and increase operational efficiency. According to Tractica, by 2025, the use of virtual digital assistants will become commonplace in the workplace, and nearly a billion users working on artificial intelligence development will have virtual assistants.