HR Answers: 2023 workplace trends
Talent shortages, flexibility and sustainability reshape the way organizations engage an evolving workforce.
The future of work is dynamic. One would need an entire book to describe the many forces affecting trends in the workplace now and in the years to come. Unfortunately, by the time that book made it to print, its contents would be out of date.
Many organizations in the U.S. are still reckoning with the effects caused by the COVID-19 pandemic and the Great Resignation. The proliferation of remote work, and a class of highly skilled employees increasingly empowered to seek better jobs with better pay and benefits, still echo among the top trends affecting the workplace in 2023. For C-suite and HR leaders, the challenges of tomorrow will evolve quickly from the challenges of today.
Here are five workplace trends that have taken center stage in 2023.
1. Addressing the Global Talent Shortage
Organizational consulting firm Korn Ferry estimates that the global human talent shortage will reach 85 million people by 2030. Private and even government organizations are being challenged like never before to find ways to accelerate their development processes and build expanded talent acquisition capabilities to meet this demand. Businesses will need strategies to incentivize their employees to stay—using long-term incentives, benefits, flexible workplace policies and so on—to stem the outflow of employees who possess in-demand skills. Companies will also be challenged to find ways to automate work that is more tactical or transactional, looking to AI and robotics to fill gaps.
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