Workforce Trends to Consider for the Future

PM contributor Todd Palmer says workplace stress can actually be a positive as it can serve as a challenge for the employee.

 

At the end of every year, it’s a common practice in the industry for businesses to look ahead at the upcoming year. Budgets are set, client possibilities are assessed, and a course is plotted for the future. What Todd Palmer argues in his “About Your Business” column is that human capital is valuable in this assessment. With this in mind, he breaks down five workforce trends that can play a part in a company’s fiscal year.

Workplace stress can actually be a positive as it can serve as a challenge for the employee. The battle for talent increases, with workers and not employers controlling the job market. Younger workers are entering the workforce with different perspectives on loyalty and career path. Laws are also changing for minimum salary requirements and overtime for the first time in decades. And more technology in the workplace have sped up the pace of change.

Mr. Palmer breaks down these trends and considers their implications not just for the present but the foreseeable future in his article “Five Predicted Workforce Trends for 2016.” Read it here.