Industry Trends: How the Labour Workforce is Changing

Technological advances and globalisation has transformed the world we live in. Not only have products and services evolved, but the labour workforce has witnessed some real, impactful changes. Trends that started five years ago continue to gain force as their drivers remain relevant, while new developments are always just around the corner. The key to managing changing trends is flexibility; the ability to adapt will ensure that your business goes the full mile.

Technology is Key

From smartphones to tablets to laptops, technology is all around us and will only continue to revolutionise the way we work. While some breakthroughs have rendered certain jobs obsolete, the rise of technology and the digital world has created many new roles and thousands of jobs. Ten years ago, the position of Social Media Manager, Web Content Writer or SEO Analyst were either non-existent or newly created. As more and more companies turn to e-commerce, however, these roles are now highly in demand with employers and recruitment companies such as Chandler Macleod and Just Digital People.

Diversity

Globalisation refers to the worldwide exchanging of ideas, values, products and culture, leading to a more homogenous, integrated global environment. This trend has been rapidly increasing over the past twenty years; the establishment of the European Union is a prime example of how an open labour market led to highly diversified workplaces. In London and other major metropolitans, it is not unusual to work with individuals of many different background and nationalities. While cultural sensitivity training was once an unheard of concept, it is now a reality for many workplaces.

Outsourcing

Lower costs and increased productivity are every CEO’S dream. How do you make this dream a reality? Fire your employees and outsource the work to countries such as India and China, where the labour supply is vast and the labour rates are low. While this trend often provokes a public backlash, the reality is that many companies opt for outsourcing in order to survive. With the introduction of virtual marketplaces such as Freelancer.com, it’s not just telemarketing and IT support jobs that are being performed by overseas workers; graphic design, writing, data entry and SEO marketing jobs are all on offer. As long as there are foreign markets with cheap labour, physical and digital outsourcing is here to stay.

More Flexibility

Another key trend in the current workforce is better flexibility when it comes to work-life balance and the variety of job types available. The full-time role is no longer the standard convention; part-time jobs, contractor and freelance work, casual jobs and internships are all a real part of the workforce today. You don’t even need to go to an actual office to get your work done; many roles can now be completed from home, which is ideal for mothers and carers.

Have you noticed a particular trend in your industry? What do you think lies ahead in the future? Share your thoughts by commenting in the box below.

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