Next Generation Talent Management:
Hewitt Associates
Autonomous and Empowered
– Workers have the capacity and the desire to be more influential on the job
– Workers have more authority on the job market
Vastly Diverse
– There are more generations in the workforce than ever before. Workers are entering the workforce earlier and staying longer
– Women and minorities are making up increasing amounts of the workforce
– Lifestyles and life patterns are also more diverse (‘on and off’ ramps)
Highly Virtual
– Technology is completely redefining the concepts of workplace and workday
– By 2008, the number of employers with no employees working from home on a regular basis is predicted to drop from 46%
to 20%
– Virtual co-working is on the rise
Increasingly Global
– Worker mobility and migration are gaining momentum
– Currently ¾ of jobs off shored are from America, but other countries are expected to join this trend
– Off shoring is creating a lot of opportunity in Eastern Europe and Southeast Asia
Smaller and Less Sufficiently Skilled
– In industrialized nations, smaller, middle-aged population segments and early retirements are substantially reducing the size
of working-age populations
– By 2016, Generation Y (born 1977-1994) will have fully entered the workforce, however, they will not possess the skills that
older workers who have left the workforce did, creating a “skill gap”
Five Workforce Trends You Can Count On: