The world of work is in constant flux, with businesses constantly adapting to meet the demands of the future. Demographic changes, globalization, and technology are changing the nature of work and how we work. In 2030, expect a flexible, distributed workforce that will enable businesses to become resistant to shifts.

Agile Teams

As we move toward 2030, we will see businesses moving from a predominantly permanent employee base toward a mixed workforce. Gig working is becoming a preferred work arrangement, especially among the younger workers seeking to develop skill sets by working on multiple projects.

Large numbers of temporary contractors and gig workers create complexity for businesses. However, a company can benefit by hiring the right people for projects when needed, providing additional agility and flexibility. Due to our age of digital disruption, agility and flexibility are essential.

Flexible Work

The expectations of what work is and how to go about doing it are changing. Expectations are especially true with more millennials and Gen Zers joining the workforce. The new generation expects flexible work, which is no longer just a benefit. The shift also benefits more experienced workers by giving them time to care for their families and themselves. Most jobs will have the flexibility workers in 2030 seek, with work becoming increasingly fluid.

Changing Skills Requirements

A report recently examined the common job skills among occupations with high growth prospects. In 2030, these skills are the most desirable for employers:

• Decision making. The ability to consider the relative costs and benefits of potential actions and the judgment to choose the most appropriate.
• Fluency of ideas. The ability to construct many arguments about a given topic.
• Active learning. This learning strategy is the ability to select and use training/instructional methods and procedures appropriate for the situation.
• Learning strategies. Understanding the consequences of new information for current and future problem-solving.
• Originality. The ability to create unusual ideas about a given topic or situation.

In 2030, creativity, adaptability, and judgment will be more crucial skills than subject-specific knowledge.

Fewer CEOs

You can expect to see fewer chief executives in 2030. The Bureau of Labor Statistics projects a 5.7% drop in the number of CEOs by the decade’s end. Larger corporations have an increasing economic share, causing changes in how organizations are structured.

A Decline in Labor Participation

With the projection of a massive retirement wave from Baby Boomers, the labor force participation rate will decline. By 2030, the vast majority of Baby Boomers will be at least 65 years old.

2030 is still a few years off, but you can find excellent career opportunities now at Exact Staff. Let the team at Exact Staff set you on the path to a great new job.