HOW THE WORKPLACE – AND ITS REWARDS WILL CHANGE IN COMING YEARS

New developments are transforming how we work and the ways in which employees are rewarded, and the pace of change is accelerating. With the caveat that predictions for the future should be viewed with a dash of skepticism, here is a roundup of articles in which trend-watchers forecast how worksites will continue to evolve in the decade ahead.

7 Amazing Work Perks Coming to Your Office by 2028

Workplaces will provide: Self-driving car fleets to shuttle employees to and from work, onsite amenities such as barber shops and nail salons, greater access to green spaces, incentives to reward good financial decisions, onsite daycare for employees' aging parents, employer-sponsored civic engagement activities, and universal student loan reimbursement—or so the experts predict.

Get Ready for the Digital Future of Total Rewards

Analyzing data that most organizations already possess can reveal how rewards programs affect job-offer acceptances, turnover, engagement levels and productivity. HR compensation and benefits managers are beginning to tap the possibilities of this technology. In the future, real-time labor market pricing will use artificial intelligence (AI) to analyze pay data from crowdsourcing sites, resulting in optimized pay structures. Analyzing individual motivations will help to place employees in positions that best match their desires and abilities with the employer's needs. Benefits also will be tailored to individual employee needs.


 
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6 Ways the Workplace Will Change in the Next 10 Years

Work will center around small and flexible teams as algorithmic management displaces middle managers. Constant upskilling will outweigh tenure and experience. Smart machines will be our co-workers. Everyone will rate one another on trust, competence and ethical behavior. Work will be sought for purpose and passion, not just money. And work-life challenges will reveal the dark side of being connected 24/7.

What Will the Office Look Like in 10 Years?

The places people work will become more comfortable and will lack the pressures and formality of the traditional office; open space offices will be divisible at the click of a button; lighting, chair comfort and screen hours will all be monitored; and there will be less personalization of a specific spot or desk where one works.

Reshaping the Future of Work

HR managers will use people-first AI and machine learning to better understand how to motivate employees and improve their work experiences. "Hyper-personalization" will try to help each employee feel they are their whole selves at work. Effective managers will adapt their personal styles to the people they manage to help them succeed. And virtual technologies will allow organizations to overcome unconscious bias in the work experience.

 
 
Source SHRM.ORG

 

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