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WHAT YOU SHOULD KNOW ABOUT EMPLOYMENT NOW AND FOR THE FUTURE

For organizations that want to develop high levels of employee productivity, engagement, and retention, it will be important to look at how workers’ attitudes and values have changed over the 20 months.

According to a study by PWC, the post-pandemic work life will include a number of key trends.

1) Increased relocation: Remote work didn’t just disconnect workers from the office. In many cases, it unleashed them from their homes as well. A considerable 34% of workers permanently or temporarily moved or are thinking of a change of address that would mean relocating more than 80 KM from the office.

2) Millennials and Gen Zs expect remote work: Opinions about remote work have changed, especially among younger employees. Even prior to the pandemic, remote work was growing as a bonus to staff. Now after almost 2 years working from home, it’s become an expectation with almost half of Gen Z and millennial workers polled are so eager on the flexibility and other benefits of remote work that they’d give up a higher salary in exchange for the ability to work from anywhere.

3) Workers value time over money: There was a time that a large paycheque might have been sufficient motivation for workers to work extended hours, but that’s no longer the case. Whether it’s a case of shifting generation values, individual re-evaluation of people’s lives in the face of the pandemic, or other factors, worker values have shifted significantly. Across age groups, 44% of workers said they would be willing to sacrifice a 10–20% pay raise in return for unlimited vacation time.

4) More employees value problem solving over technical skills: A growing number of workers are focused on soft skills that can improve their resourcefulness and ability to work with others over more specific technical skills. Thirty-two percent of workers in the survey noted problem-solving skills as most critical to their future career paths, followed by the ability to learn new skills and apply them quickly (31%), adaptability (27%), critical thinking (24%), and creativity and innovation (22%).

 

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