The pandemic changed everyone’s lives; one thing it made absolutely certain was the inevitability of change. As the job market trends get reshaped today, the certainty of change is realizable. Additionally, the pandemic has pressed the fast-forward button on the advancement of technology, thus reshaping job market trends even more.
Today, enabling a workplace with innovative, insightful, and inclusive strategies is critical. To facilitate this, job market trends have continuously evolved in order to find fitting employees. As social, digital, and technological trends are expected to drive the future, the job market space will also continue to evolve.
In this article, we will talk about the next big thing in the job market space, discussing the expected trends to come. Let’s begin.
Different Responsibilities for Middle Management
Today’s social and political scenarios, along with hybrid work scenarios, have added a new layer of complexity to today’s managerial roles. Post-pandemic working situations have increased the need for a proper work-life balance along with more hybrid work options, giving employees autonomy over when, where, and how much they work.
In light of this, we can expect different responsibilities for middle management in the future. Managers must confront new realities and be confident teachers and coaches who work with empathy. In the past, managers have been hired based on their management abilities and employee evaluation. That will shift, bringing in different responsibilities and making managerial roles more complex.
Industry-Wise Variations in Automation, Robotics, and Digitization Applications
The last few years have witnessed the rise of technologies like cloud computing, artificial intelligence, and machine learning. With post-pandemic scenarios spearheading the advancement of technologies, we can expect to witness industry-wise variations in automation, robotics, and digitization in the upcoming years.
Cloud computing, artificial intelligence, and machine learning are already being adopted differently by various industries. The use of augmented reality and virtual reality is also gaining investments, all while different branches of robotics are deployed by enterprises across the globe. As these technologies advance in the ongoing digital revolution, we can expect various industries to pick up different use cases and preferences for adopting such technologies.
The Superiority of Digital Dexterity & Upskilling Over Experience & Tenure
Application of critical thinking and creativity along with constant digital upskilling is going to be prioritized heavily in the future, especially as several companies have already begun with the process. Today’s digital economy does not run on experience and tenure but instead requires new ideas, innovative business models, and creative strategies that continually expand into new ventures.
The future will witness workplaces integrating transparency and continuous knowledge acquisition across all organizational procedures. Improvement of digital dexterity facilitated by consistent upskilling and a constant learning environment will also surface.
The Emergence of New Job Roles Amidst Disruption
As the division of labor among humans, algorithms, and machines increases, the number of disrupted job roles is also rapidly increasing. However, at the same time, newly emerging occupations are on the rise, too, especially in large firms with a significant global presence.
Some occupations that we’ll witness the emergence of in the near future are data analysts, e-commerce specialists, software developers, social media specialists, and application developers. Additionally, we can also expect a rise in jobs like sales and marketing professionals, organizational development specialists, customer service workers, and innovation managers. Job roles with both technical expertise and human trait impact are expected to grow.
Employee Monitoring and Data Collection Will Increase
Ever since remote working became the norm, employee monitoring and data collection using tools have increased. As hybrid working increases, which is expected to rise positively in the future, we can expect employee monitoring and data collection to expand globally.
Employers will monitor their employees more frequently, tracking their computer usage, internal communications, productivity levels, well-being, and engagement. Leaders will leverage the power of relevant technologies to foster the development of employee-centered hybrid workplaces that assess employees’ well-being by monitoring biorhythms, nutritional requirements, and productivity.
Smart Machines Will Become More Common
We can expect the growth of intelligent machines to increase at an unprecedented scale. As the adoption has already started, we are witnessing machines performing tasks that were presumed to be impossible for them.
Organizations all across the globe will adopt smart machines with advanced features. With the assistance of artificial intelligence, employees will help make smart machines more accessible and personalized for teams. Personal virtual assistants can also be expected to surface. As the demands for highly automated workplaces increase, proactive leaders will work towards integrating regular use of artificial intelligence and smart software into everyday operations. Smart machines will become more common, and high-performing employees will be encouraged to develop or share artificial intelligence tools, personalized app portfolios, and smart technology to promote digital dexterity.
Future trends are always shaped by existing business and technological scenarios, driving people’s demands according to rising requirements and shaping the job market space accordingly. Often impacted by technological advancements, the job market space values digital dexterity now more than ever.
Considering the volatile business scenarios, especially after the pandemic, the job market space is evolving faster. Additionally, the post-pandemic scenarios have converted several laid-back companies into organizations with highly proactive management teams. Keeping on top of the trends is now the norm, pushing the evolution of job markets even more.
Driven by various technological, social, and political factors, the job market space can be expected to evolve in several ways in the future. This article talked about a few specific big things to be expected in the job market space. Although the list is not limited to the ones mentioned in this article, we have mentioned some of the most significant things to be expected in the job market space in the near future.