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:
Next Generation Talent Management:Hewitt AssociatesAutonomous and Empowered– Workers have the capacity and the desire to be more influential on the job– Workers have more authority on the job marketVastly 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 riseIncreasingly 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 AsiaSmaller and Less Sufficiently Skilled– In industrialized nations, smaller, middle-aged population segments and early retirements are substantially reducing the sizeof working-age populations– By 2016, Generation Y (born 1977-1994) will have fully entered the workforce, however, they will not possess the skills thatolder workers who have left the workforce did, creating a “skill gap”Five Workforce Trends You Can Count On:
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