2022 will be the Year of the Worker – FutuHRe Insight

HR Insight

The global labor market is going through a revolution. So many changes and new trends are accelerating in the blink of an eye. In this month’s FutuHRe Insight series, here are some noteworthy titles that you can’t miss.

2022 will be the year of the worker

The pandemic took a heavy toll on blue-collar workers when it first started. Sudden massive lockdowns took away many jobs, most of which are general staffing. The emergence of robotics is another hard hit to the long-term vision where labor and task-based job are harder to find.

But the future is not that gloomy. Instead, 2022 will be the year of the workers, as argued by The Economics.

The same trend could happen in Vietnam too. The 2021 mid-year outbreak suddenly put thousands of workers in the south under unemployment, thousands of others had to cope with a much lower salary to survive. But as the economy is slowly bouncing back, both the government and corporates are encouraging workers to get back to the cities. The workers now have more bargaining power than ever, and the employers surely have to rethink the game.

The jobs people want – and don’t want – after the pandemic

As workers are redefining their future post-pandemic, one thing is becoming clear: there are certain jobs they prefer, and others that they avoid.

  • The jobs in high demand: IT jobs, civil engineering jobs, and media jobs.
  • The jobs no one wants: Childcare and healthcare jobs, loading and stocking jobs.

It is quite a dilemma that workers are losing interest for jobs in such booming healthcare and e-commerce industry post-pandemic. Labor shortages for these unwanted jobs are worsening, meaning employers need to keep on raising wages, otherwise it could be tough for them to fill the vacancies.

Read more here

Purpose or Money? What do young leaders want for their careers?

Purpose or money? Such an existential question for everyone in the world of work. Let’s see how Jordan Topoleski, the Global CEO for One Month, a young leader, weighs in.

For young leaders, money is no longer the sole driving factor behind their work. They enter the workforce firstly to explore, and secondly, to contribute and innovate. They want to learn, grow, and apply their skills to organizational goals they believe add value to the world. In short, they long for purpose in everything they do.

To attract and retain young talents, employers need to keep these insights in mind. Jordan argues that though every company has purposes, these are not enough. He, as a young leader, seeks for creating value, expressing autonomy and learning potential when evaluating a job opportunity.

This sound interesting to you? Let’s dive in here.

“Rent-a-robot” is a game-changer for manufacturing

It’s not a surprise that robots have been transforming the world of work. Before, large upfront investment is a major factor that holds companies back. But with the recent emergence of robot leasing solutions, we will soon see more and robots in the factories.

With little upfront investment, leasing removes financial risks and provides greater flexibility compared to manufacturers having to develop their own robots.

Another benefit, said Mike O’Donnell, vice president at MAGNET, is “As the industrial ecosystem adjusts to the labor crunch, companies placing orders will seek out manufacturers with human-robot integration as the best way to ramp up production.”

Explore more at Forbes

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