The Future Of The Modern Job Market

Friday, 18 November 2022, 11:03 am
Article: Hugh Grant

The work ideals of the past were simple and easy to define. People got an education, went to their 9-5, slowly moved their way up, and that was it. Satisfaction was found much more commonly, and people expected less from their jobs. This is no longer the case. The needs and wants of the modern worker have and are rapidly changing.

Nowhere is this reflected more than in job satisfaction. Following the onset of the COVID pandemic, the introduction of remote work reset workers' standards. Suddenly people could work from home, didn’t have to commute, and could even be more efficient. As the transition to a normal work life began, many didn’t want to go back.

This has led to 32% of knowledge workers quitting because they weren’t able to work remotely. The standards are simply different now. Employees, especially when they know they can work effectively from home, want to. Even for those working physically, 61% would switch jobs to work remotely. Overall 91% of people are happier with flexible hours and a remote option.

The appeal of the consistent 9-5 has simply started to disappear. For the workers of today it’s much more appealing to have less stringent hours and to be remote. It’s not like it's an unfounded preference either. Countless studies and the general understanding of work culture has led to this change. For example, remote work gives 66% more time for one’s family.

On top of that, saving from commuting and other expenses really add up. Plus people are simply happier working remotely. So what are businesses doing to move with all these changes. Stagnation isn’t a realistic option, but new business models aren’t either. Instead smaller culture shifts are defining the job market of tomorrow.

This means more places to work. Hybrid jobs, allowing both physical and remote work, are growing in popularity. It also means less hierarchy. The culture of constant improvement and working to outpace one’s colleagues has passed. Instead people now prioritize teamwork, community, and fairness. If everyone is meaningfully contribute it will produce a better product in the end.

Another big change along the same lines is an emphasis on wellness. Workplaces are no longer designed to be hyper-efficient machines. Instead, they now value the needs and wants of their employees. Comfortable designs, realistic conditions, even simple things like letting pets visit work occasionally. These are quality of life changes people really enjoy.

An interesting side effect of all these culture changes is the need for a new position. An executive culture leader can work to ensure all these changes are positive. Someone to focus on things beyond the physical revenue and output of a corporation. This person can also take in much more criticism and advice than the average boss would.

Finally some smaller changes come from the advantages of remote work. To start, companies and their ideas will now have a much wider range. Brainstorming can now occur across buildings, states, and even countries. There’s more opportunity to hear new perspectives and with much more ease.

Next is the change in employee culture. For remote workers there’s now much less time to chat and get to know one another. In response many businesses will have informal get-togethers. Something done digitally to help boost camaraderie and morale. And finally digital assistants are also an expectation of the future.

For now there’s Siri or Alexa, but more tailored and intelligent examples are on the way. These assistants can help with the sorting and organization part of work. Now anyone can have an assistant since it requires no upkeep or pay. This lets everyone stay organized and a little bit less stressed.

So what’s the future of the modern job market? Remote, relaxed, and efficient. The culture of work has and continues to change constantly. People no longer need to grind themselves down into the dust to be a good worker. The future is a positive one, and it’s important to be aware of all the changes to come.

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