There are some thingsin the office that seem to be in fashion for a while but soon disappear. Othertrends have been around for some time and seem to be set to stay. If you wantyour company to remain strong for the duration, you should take a look at the 7trends we have spotted.
- Flexible working hours
Nobody liked a 9 till5 working day, neither the idea of having to work a 40-hour week. As technologyhas improved, more of our work can be done away from our desks. We are now ableto answer an email waiting for a doctor’s appointment or even write code whileour children are in football practice. The work still gets completed andemployees are happier.
Have a look at thepolicies your company has regarding working hours. Would you say you haveflexible working hours? This concept is no longer a luxury or a bonus. Workingfrom home at least one day week is expected, as is flexible start and finishtimes. Implementing flexible hours shows that you trust your employees withtheir time management and that you value their time.
- Placing importance on financial wellness
Student debt is amassive problem for many graduates. In the US alone of stands at $1.54trillion, with students graduating in 2016 with an average debt of $37,000. In2018, companies began to understand that by offering help to their employeeswith student debt gave them a huge advantage. Not only does it addattractiveness during the recruitment process, but also you are also able tohelp reduce the worker’s debt and improve retention in the long run.
- The growing importance of mental and emotional wellness
Money is no longer thehighest on an employee’s list of criteria in a job. Leading companies are nowthose that offer emotional and mental health assistance. Employees withdifficulties are encouraged to reach out to mental health advocates in theworkplace. These advocates have been trained in empathy and non-judgmentallistening. The main idea is that people remove the stigma associated withmental health.
Some may find wordslike mindfulness, wellness, and emotional health a bit hippy, however, the newgeneration of workers have grown up with the concepts. It’s time to learn fromthe youth and start promoting mental health awareness in your office.
- Performance reviews in a timely manner
If you want your employees to improve, it is necessary to provide feedback. This feedback has to be delivered as soon as possible so that the right actions can be put into place. A 2014 report of the fortune 500 companies showed that 8-12% of them had eliminated annual performance reviews and a further 29% were considering going in the same direction. Carrying out annual reviews causes unnecessary stress, a mountain of paperwork and a lot of time that could be spent more productively. Reviewing work that has been completed in the past is the time that should be spent focusing on the future. When giving your employees direct feedback you are offering them the possibility to rise to new challenges by continuously learning and improving.
- Using Artificial Intelligence
ArtificialIntelligence is becoming more and more used since 2018, more specifically withchatbots. Research by Gartner suggests that by 2021, 50% of businesses willinvest more time in developing chatbots than other types of bots for mobileapps.
Chatbots are going toplay a part in practically every industry. We are already noticing it’spositive effects in the recruitment industry. There are various programs thatwill scan curriculums, which allows human recruiters to spend their time ontraining new staff and working more closely with hiring managers.
- Appreciating the aging workforce
Whether by choice orbecause they have to, older people are often working past the customary age ofretirement. Some people are genuinelyhappy with the position they have risen to and wouldn’t prefer being at work.
Some companies now run a mature talent program. This allows the older staff members to teach the younger employees while the youth can pass on the knowledge they have. This program is the ideal way of making sure the next generation is taught some of the fundamental work ethic and knowledge that otherwise could be lost.
Make the most of theolder generation of workers you have in your office. Shoe your appreciation ofthe efforts they have made over decades of work. In return, they will bewilling to impart the wisdom they have gained over the years.
- Depending more on temp workers
The freelancingreputation has improved greatly and in the US the so-called ‘gig economy’ hasgrown significantly. According to the Guardian, in June 2018, there were 16.5million people working in alternative roles in America. Some choose it as aform of supplementing their income; others use it as their primary income.Freelancers are an excellent solution to fill gaps in your employment andtherefore maintaining production. To make sure your freelancer doesn’t move onto their next gig too soon, you might have to make certain accommodations.
A virtual workplace isa place where your freelancers can learn the company procedures and requiredskills in a fast, efficient manner. Managers will have to learn how to providefeedback via other means rather than face-to-face.