Hybrid Work Model Gaining Popularity
For most organisations, the office still has its place – 90% of employers are embracing a return to the office for at least part of the week. Full-time in-office work is linked to low levels of employee engagement but there are clear benefits to including some in-person office time. A hybrid work model is emerging as the most effective approach to create optimal working conditions, blending social collaboration with focused individual work.
Do you have the necessary digital tools in place to deliver a seamless, consistent experience across different work environments? This is where an intranet comes in. A modern intranet will not only improve communication and relationship-building but also make it easier for employees to complete work, leading to higher overall satisfaction.
Upskill for the Future
68% of HR leaders are prioritising critical skills and competencies development to meet evolving technological needs. Job requirements are constantly changing, meaning 6 in 10 workers will need training before 2027 to continue performing well.
It is quickly becoming a necessity to train your people in AI usage. Research revealed a 21x increase in the number of LinkedIn job postings specifically highlighting ChatGPT as a desirable requirement. Predicted in-demand skills include artificial intelligence, data utilisation, analytical thinking, technology literacy and crucial soft skills like communication and adapting to change.
Companies should proactively plan how to address this need and develop effective training programmes. Start evaluating the skills and knowledge gaps in your company, then integrate employee learning into daily work activities through platforms like Viva Learning. This enables you to create learning plans that align with key business goals and personal career development while targeting the right skills for the future.
Support Lifelong Learning
Companies play an important role in providing growth and lifelong learning opportunities. The 2023 LinkedIn Learning Report indicates a 25% change in core skillsets since 2015. This is expected to double by 2027.
Learning and development are top factors influencing employee retention. According to Gallup, 65% prefer companies that offer ongoing training opportunities. However, many companies are falling short of this expectation. Only 44% of executives provide the resources to facilitate skills development and accelerate career progression.
In 2024, it will be increasingly important to create a workplace culture that encourages engagement in learning, recognises and rewards achievements and personalises learning pathways.
The workplace is increasingly driven by data insights, necessitating upskilling in areas like data literacy and informed decision-making. Organisations must provide the right tools to leverage the growing volume of data.