James Reed’s Insights
The In-Person Premium: Hybrid work continues, but some employers are offering an “in-person premium” for employees attending physical workplaces.
Sexy Energy Careers: The energy sector experiences a surge in job postings, especially in areas like retrofitters, installers, and high-tech manufacturing for renewables.
Employer Support for Cost of Living Crisis: Companies are expected to be more supportive in navigating the impact of high inflation and the cost of living crisis on employees.
Rebranding Frontline Service Roles: Sectors like hospitality, retail, and social care offer double-digit pay rises and rapid career progression, making them more attractive to a broader workforce.
STEM Teaching Demand: There’s a growing demand for STEM (science, technology, engineering, and mathematics) teachers, particularly in physics and maths.
Automotive Industry Growth: The automotive sector witnesses a significant rise in job postings, driven by innovations like electric vehicles, net-zero heavy goods vehicles, and driverless cars.
Mark Dixon’s Predictions
Chief Hybrid Officers: Major businesses are expected to hire C-suite executives to oversee and optimize hybrid working environments, influenced by the Flexible Working Bill.
Corporate Role in Childcare: Companies will play a larger role in supporting childcare for working parents to maintain a diverse and skilled workforce.
Enhanced Benefits Packages: Innovative benefits, such as fertility support, pet care, and time off for caring responsibilities, will become mainstream in attracting talent.
Unretirement Trend: More individuals over 50 will re-enter the workforce, attracted by the flexibility offered by hybrid working and driven by the cost of living crisis.
Neurodiversity Accommodations: Employers will focus on accommodating neurodivergent workers, reflecting a broader diversity, equity, and inclusion (DE&I) strategy.
AI Boosting Creativity: Large businesses will leverage AI to reduce administrative tasks, allowing more room for creativity among employees.
The Energy Job Wave
David Millar, MD of Heap & Partners, emphasizes the exciting opportunities in the energy sector, highlighting its importance for national security. He underscores the tangible and rewarding nature of manufacturing roles, especially in the thriving energy industry.
Additional Workforce Insights
Deloitte Internship Initiative: Deloitte expands its “Spring into Deloitte” internship program for first-year students, offering over 1,000 work experience places in 2024.
AI Redefining Job Roles: Thomson Reuters predicts the creation of hybrid human-AI job categories, introducing roles like “integrators” and “reskillers” as AI becomes more integral to work.
Global Work Trends: A significant percentage of Gen-Z and millennial workers express interest in working overseas, with Canada, Spain, the USA, and Australia as top destinations.
Kindness in the Workplace: British Gas survey reveals that small acts of kindness at work inspire reciprocity, fostering a positive workplace culture.
Appointment of the Week
GCHQ seeks a CEO for the National Cyber Security Centre (NCSC), a critical role responsible for shaping the UK’s national approach to cybersecurity and managing relationships with government and industry. The position involves strategic leadership, crisis management, and a salary range of £147,323 – £189,120.
These insights and predictions reflect the evolving landscape of work, emphasizing flexibility, innovation, and a focus on employee well-being.
Source: thetimes.co.uk
