The Future of Work is More Human Than You Might Think

The Muse

Three predictions about work in 2027 from WeWork, The Muse, Google, and more. Employer Resources

Office Hours: In 2030, Expect to See AR, VR and 3D Data

Cornerstone On Demand

As just one example, the big data marketplace, sitting now $42 billion, is projected to grow to $103 billion by 2027, and will change how candidate and employee data is gathered, stored and analyzed.

Data 370

Can your payroll system meet the challenges of the gig economy?

Sage HRMS

The gig economy is booming: As of 2017, more than 57 million Americans consider themselves freelancers, a group that will make up the majority of the workforce by 2027. Whether companies need a web development expert to finish a new app, or packing and delivery teams for peak shopping seasons, companies large and small are […]. The post Can your payroll system meet the challenges of the gig economy? appeared first on Sage Advice US. Paying People People & Leadership Payroll

4 Features Your HR Software Should Have

Reflektive

workforce will be freelancing by 2027. workforce will be freelancing by 2027. The workplace is changing. Companies can’t afford the inefficiencies of outdated software and processes, and employees want to know that their organization is setting them up for long-term success. The right HR software can help in both areas—increasing efficiency while strengthening the performance management process. And executives see the value.

The Future Is Freelance: Why Companies Should Be More Strategic About Working With Solopreneurs

Cornerstone On Demand

million by 2027. The phrase “gig economy" has been bandied about quite a bit in the past five years, and for good reason: according to Upwork's Freelancing in America survey , there are currently 57.3 million freelance workers in the U.S., and that number is predicted to reach 86.5 HR professionals and management teams have complex relationships with freelancers. Companies rely on them, and many have as much impact on the bottom line as regular staff members.

Take it From a Futurist: How HR Teams Can Play a Larger Role in Their Company's Future Success

Cornerstone On Demand

By 2027, the average company's time on the S&P 500 will be 12 years, according to Innosight's 2018 Corporate Longevity Forecast —compare that to 24 years in 2016. Editor's Note: We would never dream of trying to predict the future—that's why we left it up to the futurists.

U.S. Representative Introduces Bill to Repeal Cadillac Tax

HR Daily Advisor

trillion through 2027 ($1.75 Repealing the ACA’s coverage and revenue provisions would save $750 billion ($950 billion on a dynamic basis) through 2027. On January 4, U.S. Representative Mike Kelly (R-PA) introduced H.R. 173, the Middle Class Health Benefits Tax Repeal Act of 2017.

New Jersey Minimum Wage to Reach $15 per Hour by 2024

Tsheets

Farm workers won’t see $15 per hour until 2027 if they see it at all. ‘Landmark legislation’ a new chapter for New Jersey employees and business owners. Today, New Jersey Governor Phil Murphy signed into law a bill raising the state’s minimum wage to $15 per hour.

Advantages of New Technology in the Workplace

Reflektive

workforce by 2027 – and many companies adopting flexible work-from-anywhere policies, employees need to be able to access technology systems remotely. Technology is always evolving, with new software constantly emerging to solve problems and inefficiencies that companies may not even be aware of yet. Business leaders can sometimes feel overwhelmed in the face of so much change – there’s often a desire to stick with current technology and processes rather than rocking the boat.

The Rise of Women Leadership in Business

Get Hppy

In fact, researchers forecast that women executives will comprise 30-percent of organizational leaders by the year 2027. Research shows there is a positive relation between female corporate leadership and positive organizational performance.

Employee Engagement: David Zinger on Engage-11

David Zinger

Retirement November 11, 2027. I have set my personal retirement date as November 11, 2027. The next eleven years of engagement. Engage-11. This post was written on November 11, 2016. It is the 11th anniversary of my focus on strengths and engagement.

Share Your Compensation Thoughts Now to Win a Better Future and an iPad

Compensation Today

In 2027, both life and compensation could be very uncomplicated. In this future, a bionic person fetches your coffee, your car drives you around, and your compensation plan is both automated and powered by perfectly precise data.

“Hold our drink, feds.” New Jersey strikes deal for $15 minimum wage

The Employer Handbook

in 2024, after which it would be left up to state officials in the executive branch whether to keep going to $15 an hour by 2027. By Darwinek – self-made using Image:Flag of New Jersey.svg and Image:USA New Jersey location map.svg , CC BY-SA 3.0 , Link. On Wednesday, I blogged about how Democrats in the U.S. Senate were introducing a new bill to raise the federal minimum wage from $7.25 per hour to $15 per hour.

Senate’s new ACA repeal bill: What’s different from the House version?

HR Morning

It includes the end of the employer mandate, a delay of the Cadillac Tax until 2027 and an increase to HSA contribution amounts (a carryover from the house bill).

Is Your People Strategy Missing Employee Voice?

Waggl

75% of today’s S&P 500 companies will be replaced by 2027. Yes, your people have a voice, and they’re already talking. The question is, are you enabling your organization to listen, respond, and take action? At Waggl, we believe that if your people strategy doesn’t include Employee Voice, you’re putting your organization at a disadvantage.

Gamification At Work: The Future Or A Fad?

Get Hppy

And with millennials set to become 75% of the global workforce by 2027, could gamification be the solution to keep employees as enthusiastic on their work as they are about Pokémon Go?

ATS 190

High School: The New Recruitment and Retention Battleground for the Best and the Brightest

Employee Communications Council

Here are a few observations: Between 2017 and 2027, STEM jobs are projected to grow 13% The average median hourly wage for STEM jobs is $38.85. More companies than ever before are trying to find the best talent they can before that talent even goes to college.

The Key to Being More Innovative

45 Things

It has been estimated that on average an S&P company is now being replaced every two weeks, and 75% of the S&P 500 firms will be replaced by new ones by 2027. When Michael Docherty joined Sunbeam Corp. years ago as vice president of product development, he says the company was in “shock and crisis,” reeling from the aftershocks of Albert J. Dunlap’s CEO reign. Dunlap has been called “Chainsaw Al” and “Rambo in Pinstripes” for his methods of streamlining failing companies.)

The Future of Business is Talent—and the Future of Talent is AI

Oracle HCM - Modern HR in the Cloud

Business Disruption At current churn rate, 75% of the Fortune 500 will be replaced by 2027. By guest author: Duke Daehling, Director of Talent Management, Analytics and Strategy for IBM Smarter Workforce.

CEO Priorities And Challenges In The Digital World

SuccessFactors

And there is good reason to worry, as 75 percent of S&P 500 companies from 2012 will be replaced by 2027 at the current disruption rate. Digital transformation is here, and it is moving fast.

Succession Planning and Identifying Future Leaders Is Key to Growth

Reflektive

Imagine that you need to identify promising individuals for your 2027 C-Suite. Your 2027 C-Suite awaits. Here’s a thought experiment. Your selections will dramatically shape the future success of the company. As such, you are given additional resources for selection. Your company provides you with a scouting team to watch employees all year during their day-to-day activities. For each employee, scouts bring you notable patterns and profiles of strengths and areas of growth.

The Insurance Industry Needs to Boost Its Learning and Development Efforts

Rallyware

Major future of work predictions for 2027 by Dan Lovely. In many industries, the workplace of the future will be much different from that of the present. We are moving toward a more diverse, distributed workforce.

Worker Woes? 9 Tips for Retaining Employees in a Tough Market

WorkStride

The situation looks even more dire in the manufacturing segment, a more traditional industry, which is expected to fall short by 2 million workers between 2017 and 2027 due to the one-two punch of industry growth and retiring baby boomers. With the worker shortage rearing its ugly head in the U.S., businesses are increasingly challenged to keep their existing talent and fill empty roles. The shortage really is happening, and it’s likely due to become even more problematic.

Training and Auto Technologies Evolving Together at Tesla and Beyond

Rallyware

Major future of work predictions for 2027 by Davies. Nowadays, businesses in almost every industry are working hard to keep up with the rapid pace of changes in technology.

Succession Planning is Critical to Thrive in a Talent Shortage

TalentGuard

million US workers from 2017 to 2027, the most substantial shortfall in 50 years [1] and job openings are outstripping the number of new hires. Succession Planning is Critical to Thrive in a Talent Shortage.

Why Our View Of Being Human In A Digital World Must Change

SuccessFactors

The 33-year average lifespan of businesses in 1964 has narrowed to 24 years in 2016 and is expected to further decline by 50% in 2027. Technology innovation has been a source of inspired thinking for generations.

It’s official! NJ is moving to $15/hr minimum wage.

The Employer Handbook

No later than March 31, 2024, the New Jersey Labor Commissioner and Secretary of Agriculture will jointly decide whether to recommend that the minimum wage for agricultural workers increase to $15 per hour by January 1, 2027, as specified in the bill. Copyright Free – Stock Free images.

How the AHCA Could Change Your Company’s Benefits Package

HR Daily Advisor

In 2027, that number will likely increase to 7 million. After years of thwarted efforts, congressional Republicans took the first step toward repealing and replacing the Affordable Care Act (ACA).

New Jersey Minimum Wage Increases July First

Zenefits

At that point, a special committee will review whether to raise farmworkers’ minimum wage to $15 an hour by 2027. Many employers in New Jersey will be paying their staff a higher wage starting July 1. Governor Philip D. Murphy and the New Jersey state legislature made a deal that will raise the minimum wage to $10 per hour by that date. By 2024, New Jersey’s minimum wage will be $15 per hour. What does this mean for workers and small businesses? Let’s take a look.

The Top Job Openings In Every State

Branch

RBC Capital predicts Online sales to account for 24 percent of total sales by 2027. This past weekend, the Oracle of Omaha published his annual shareholder letter -- his much-anticipated thoughts on the state of financial and investing affairs.

Explosive Growth in E-Commerce Requires New, More Agile HR

Rallyware

Tucker’s Top Three Predictions for the Future of Work in 2027. Few sectors of the global economy have grown as fast as the e-commerce industry. In the U.S. alone, annual e-commerce sales have risen from about $136 billion in 2007 to what is expected to top $3.6 trillion by the end of 2017. And, according to a recent New York Times article , the number of people working in e-commerce jobs is also growing fast – more than 300 percent over the past 15 years.

The Upcoming Evolution of Recruiting and Talent Development

Rallyware

Top three predictions for the Future of Work in 2027 by Kevin Delaney: We will see continued blurring of the line between work and life. . Nowadays, the recruiting process is very different from what it was ten years ago. The digital world calls the shots. Paper resumes are no longer a priority. Data powered by AI gives richer insights into a candidate’s skills, knowledge and experience. A survey shows that 92% of recruiters use social media when looking for the perfect job candidate.

5 steps to better performance management

Saberr

A recent study found that the average lifespan of companies on the S&P 500 in 1964 has narrowed from 33 years to 24 years in 2016 and is forecast to shrink to just 12 years by 2027.

Retail HR Needs to Focus on Improving Performance in Real-Time

Rallyware

Major future of work predictions for 2027 by Brandon Carson. With the retail industry going through a lot of disruption and innovation, it is critical for every chain, and even for every store to stay on top of all the changes.

Should you include freelancers in your talent development program?

Fast Company The Future of Work

Upwork’s report predicts that the workforce will be majority freelance by 2027. Freelancing is on the rise–and so is integration of freelancers into organizational teams. The “2018 Future Workforce” report from freelancing website Upwork, released in February, found that 59% of hiring managers are using flexible talent–freelancers, temporary, and agency workers–which is more than double the 2017 percentage (24%).