The world of work will continue to shift and adapt, filling the void created between commerce and human ambition. Our global economy is always adapting and changing. Today there is a push for more agile teamwork environments constituting the principals of the “agile manifesto” namely implementing and executing meaningful technological advantage with agility.
Position titles such as remote, business partner, contractor, and consultant are on the rise now. In the future, we could see a seismic shift in these types of positions especially around interconnected technology like the Internet of Things (IoT) becomes the Internet of Everything (IoE). Some work will appear as specific task-oriented jobs, but this should not be confused with actual jobs paying consistent rates and offering benefits.
Robots will likely replace many technical jobs of today
Specialists with emotional intelligence will win the day in the economy of the future. Tasks that aren’t easy to automate will be in demand, creative artists of various kinds, sales and to some extent, marketing people, coaches, agents, customer service people; these are jobs of the future. But all workers will have to embrace and engage in lifelong continuing education and training.
Technology will change the way that work gets accomplished today and into the foreseeable future. In the next few years, jobs could be using supercomputers with significantly faster processing speeds, these plus all the other interconnected devices will power an immense global Internet of Everything (IoE) economy. A multi-trillion-dollar data revolution of potential value will embrace an economy of instantaneous insights.
It’s hard to predict what Biometric sensing, NLP, machine learning, AI, Augmented and Virtual Reality, and Blockchain will bring to fore. But the same interconnected technology powering commerce will reduce the number of skilled positions available. And while there is a promise of creating new and unique opportunities, so far there has been more loss than job creation in these fields.
Remuneration, reward and recognition
This has always been a tricky subject and will undoubtedly remain so into 2025. Our current legislative, societal and economic climate is tumultuous and continued disruption only causes unease, which translates into various changes in base pay, variable pay, pensions and benefit estimation.
Thankfully, there are Pay Equity systems in play that set and even the gender bias when it comes to equal pay for equal work. In Australia, for example, all present and future reward decisions have been predicted based on national living wage, gender pay reporting, pensions and changes to annual allowances.
Further confusion exists when we consider the push for more flexible work environments, accurate living wage estimations and potentially confusing agile workflows and team dynamics. Going forward benefits packages and flexibility will develop exponentially. Employees will continue to seek out a more personalized, relevant, technology-driven, recognition experience.
The lost art of conversation
What makes me nervous is what will be missing from the world in 2025 and which may have the greatest impact - the “H” in Human Resource Management. Personal connections and conversations are being replaced by technology where one day we may forget the art of conversations. It would be a fool to say that there is nothing but gloom as there is a lot of excitement in the world ahead, but what we lose in connection may far outweigh and advancement in technology. A space to watch.
Paulette McCormack, (CAHRI, MER, MHRM) Founder and Owner of Fresh HR Insights Pty Ltd