In the last decade, the workforce has faced unprecedented change, driven mostly by technology and globalization.
New models of work have emerged, and with them, a transformation in the role of the worker in society. One of the most significant emerging work models is remote work; today, many companies allow their employees to work from home, which has a great impact on how work is perceived and on the traditional office routine.
According to the Future Forum Pulse Survey “Seventy-eight percent of all study respondents say they want location flexibility (up from 76% last quarter), while 95% want schedule flexibility (up from 93%)”, not only that, for parents, remote or hybrid work is an advantage: 75% of working parents work remotely or hybrid, compared to 63% of non-parents.
Future Forum found that workers in remote and hybrid positions scored better in terms of work-life balance, stress, and job satisfaction compared to those who had to work in an office full-time.
Work is changing, and for the better. So, if you are CEO of a company or managing a team, you must know the importance of having happy employees on your team, a happy worker equals a good working environment and excellent performance, which impact the company, and these new working methods that have been emerging in recent years intent, that both parties feel comfortable and happy … we are definitely in a new era in the workforce.
Related: Emerging labor market trends for 2023
Flexibility and fulfillment: new priorities
The modern workforce has evolved, and with it, new priorities have emerged. Two of the most significant priorities are flexibility and fulfillment.
Flexibility has become increasingly important these days since many workers prioritize it over traditional benefits such as job security or a higher salary. Flexibility allows people to balance their work and personal life. In addition, fulfillment is also a significant priority for many workers because they want to be engaged in their work and feel that they are making a difference. This can come from a sense of purpose in their work, opportunities for growth and development, or being part of a team that shares their values.
Remember: companies prioritizing flexibility and fulfillment in the workplace are more likely to attract and retain top talent, while having engaged and happy employees.
A lot has been said about remote working, yet the main thing to remember is: it is a new way of working that came at odd times but plans to stay. One of the primary benefits of remote work is increased productivity. Remote workers are more productive than their office-based counterparts, as they are often better able to focus without the distractions of the office environment. Additionally, remote workers often work during their most productive hours, rather than being constrained by the traditional 9-to-5 workday.
Remote work can also improve work-life balance, allowing workers to better manage their personal and professional obligations, which can lead to increased job satisfaction and reduced stress, improving in this way their mental health and well-being at work.
And not only are there advantages for the employee, but the organization has benefits as well, and one of them is cost savings. Employers can save on office space and equipment costs, while employees can save on commuting expenses and other associated costs.
Related:What is happening with remote work in Spain? Spain vs Europe
The rise of the gig economy is a trend that has been growing over the last years and has been driven by several factors, such as the need to be able to hire top talent that is capable of leading a short-term project or doing a specific job without being on the payroll; as well as a growing desire among workers for more flexibility in their working arrangements.
One of the main benefits of the gig economy for workers is increased flexibility. Gig workers can choose their hours and projects, allowing them to achieve a better balance between their work and personal lives. Additionally, gig work can provide a higher degree of autonomy and control over the work life, which can be appealing to many workers.
For employers, the gig economy can offer cost savings and increased flexibility. Hiring gig workers can be more cost-effective than hiring full-time employees, allowing companies to quickly scale up or down their workforce.
Related: The Evolution of The Gig Economy
Flexible work arrangements
The most desired benefit of flexible work arrangements is improved work-life balance. Employees can better manage their personal responsibilities and work obligations, leading to reduced stress and improved well-being at work. Additionally, flexible work arrangements can help to attract and retain top talent by providing a more attractive and supportive work environment.
Flexible work arrangements can also benefit employers by improving employee productivity and reducing absenteeism. By allowing employees to work during their most productive hours and providing more control over their work schedule, employers can help to ensure that employees are more engaged and productive… It’s a win-win solution.
Collaborative work is a relevant aspect of the modern workplace, offering many benefits for employees and employers.
This dynamic -also known as joint work or partnership- is one of the new ways of working, in which a group of people belonging to one or more organizations can work together to achieve a common goal under a philosophy of interaction and cooperation.
So, what can you achieve with this?: Synergies and reciprocal benefits among team members. The options in this type of work go from informal networks and alliances to the total merger, or simply the joint execution of one or several projects.
Related: Tips for Recruiting and Retaining Talent for Startups
New office spaces
New office spaces are being designed to meet the evolving needs of modern workers. These spaces seek to promote collaboration, creativity, and productivity while also providing a comfortable and enjoyable work environment.
One of the key trends in new office spaces is the move towards open floor plans. Rather than being divided into separate offices and cubicles, modern offices are designed with open spaces that encourage collaboration and communication among workers, this allows for greater flexibility in the use of space and fosters a more dynamic and engaging work environment.
Also, other companies have moved their teams towards coworking spaces or established satellite offices that are closer to where workers are located. These alternatives have become very popular through the last years as companies seek to lower their costs in times where remote work is becoming more and more demanded.
Lastly, work dynamics are changing, and flexibility is being placed at the center of team management and corporate strategies intending to resolve corporate difficulties more cost-effectively. Along with all the new ways of working mentioned throughout this article, remote and flexible teams are also a growing trend impacting the workplace since these teams are a solution for hyper-growing companies seeking top talents to work at their business or projects under a flexible agreement without a long-term commitment.
If you’re seeking to work with flexible talents contact us, and we can find the best talent for your company!