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Tag: future of work


Driven by a desire for flexibility and control, US Freelance workforce is growing faster than the overall US workforce. What can employers learn from this trend? 
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Driven by a desire for flexibility and control, US Freelance workforce is growing faster than the overall US workforce. What can employers learn from this trend? 

Upwork and Freelancers Union today released the results of “Freelancing in America: 2017. The fourth annual study estimates nearly 36% of the U.S. workforce freelances and the trend is growing.

 

Source: www.upwork.com

Freelancers* are playing a bigger role in corporate work. Employers who haven't already should start thinking about policies, practices, and place implications. But they might also consider what they can learn from the trend: 

 

  • 63% of freelancers choose to freelance (versus doing so out of necessity). Top drivers include freedom, choice, and flexibility. Half say they wouldn't even consider a traditional job.
  • 55% of freelancers participated in skills training last year compared to only 30% of non-freelancers.
  • About half of full-time freelancers are thinking about the implications of automation, compared to only 18% of employees.
  • Millennials are embracing freelance work more than any other generation; nearly half do so.
  • 70% of freelancers would prefer taking home more pay and purchasing benefits on their own (rather than through an employer).
  • Part-time freelancing is down; full-time is up 70%.
  • The percent of those making more than $75k/year (36%) has increased over 100% in the last 3 years.

 

In short, people want flexibility and control and are willing to take care of themselves if given the opportunity.

 

* Freelance population comprised of 35% hybrid workers, 31% independent contractors, 23%  moonlighters, 6% freelance business owners, and 6% temp workers)


Will robots take your job? New report on future work in the US & UK says not as bad as predicted.1
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Will robots take your job? New report on future work in the US & UK says not as bad as predicted.1

"New study forecasts only one in five workers are in occupations that will shrink; lays out blueprint for reskilling workers

“The Future of Skills: Employment in 2030" The study takes an entirely new approach to forecasting employment and skill demands in the US and UK. 

Source: www.nesta.org.uk

Key findings: 

 

- Education, healthcare, and wider public sector occupations are likely to grow while some low-skilled jobs, in fields like construction and agriculture, are less likely to suffer poor labor market outcomes

- Future skills predicted to be in greater demand include:

  • Interpersonal skills, (teaching, social perceptiveness, and coordination, as well as related knowledge, such as psychology and anthropology)
  • Higher-order cognitive skills (originality, fluency of ideas, and active learning)
  • Systems skills (the ability to recognize, understand and act on interconnections and feedback loops in sociotechnical systems, systems analysis, and systems evaluation). 


Advice to employers: Begin training existing employees for future skills.


Deloitte video on the future of work
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Deloitte video on the future of work

The future of work holds myriad possibilities for change. In order to adapt, we need to zoom out and understand the interconnections among evolving technology, demographics, and power dynamics. Are you prepared?

Source: dupress.deloitte.com

There's nothing particularly new here but this short video would make a great conversation starter for your next planning session.


WorkTech NY – May 4 & 5. Its one of my favorite events. Check out this year’s line-up.
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WorkTech NY – May 4 & 5. Its one of my favorite events. Check out this year’s line-up.

"WORKTECH17 New York attracts some of the biggest and brightest names to debate, discuss, and divulge the last thinking on the Future of Work and the Workplace.

 

Join 300 senior professionals from real estate, facilities, HR, technology, executive management architecture, design and professional advisors to listen to global thought leaders, further their knowledge and share best practise and expertise.

- See more at: https://goo.gl/iFT7UZ

Source: www.unwired.eu.com

WorkTech New York never disappoints. Great speakers and great networking make this a must-attend event. May 4 and 5.