Current Work Trends That Are Shaping a Post Covid19 World
In life and business, it’s the hard times that shape us by helping us chart a path to success. If your business is still functional at such a challenging time, then it’s safe to say you’ve already made it through the worst.
“The secret to lasting change is focusing all your energy, not on fighting the old order, but on building a new order.” – Socrates.
As you continue to survive, it’s best to have a pragmatic approach by taking stock of the lessons you’ve learned. A great place to start is observing covid19 work trends that have helped many businesses stay afloat and some to thrive.
The coronavirus pandemic will have eight lasting effects on workplace culture. As a business owner, you must analyze such trends. It’s only through this measure that you can align your core business processes, vision, and goals to adapt to a post coronavirus world.
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More Remote Workers
Recent data shows that 37% of business executives that had more remote workers before the pandemic hit report a higher level of productivity. This figure is set to rise as companies continue to implement effective remote work strategies with a keen focus on collaboration and IT security.
As an organization, you’re currently tasked with also ensuring that your remote work policy also focuses on enhancing your remote employees’ productivity and experience level. This sounds like an overwhelming task. Fortunately, collaboration tools collect so much data that you can use as a viable metric.
A Rise in Collection and Analysis of Employee Data
According to Gartner analytics, 16% of HR and company execs use passively collected data to monitor employees. Such data consists of:
- Virtual check-ins and logouts
- Computer usage
- Chats, emails and other communications
- IP movement/location
Others access their workers’ well-being and overall enjoyment to gain an insight experience. Even before the pandemic, many companies used remote worker tracking and task scheduling tools for the same purpose. This trend will increase in a post covid19 world. So it’s best to get acquainted with the best practices.
Expansion of Remote Workforce as a Contingency
Organizations have been forced to adjust their contractual budgets. As a result, many employees lost their jobs, and those that retained them have adapted to working in an unfamiliar work environment. This trend is likely to continue as remote workers provide more flexibility at a lower cost.
In a post-covid19 world, 32% of companies will cut down on operation costs by employing more remote workers. Moving forward, it’s essential to keep track of the performance of your remote staff to see if such policies will have the same impact on full-time staff members.
Organization Will Act as Social Safety Net
Employers have become more involved in the mental and physical well-being of their employees during the pandemic. Such support includes expanded medical covers, more flex time for the sake of childcare, financial aid, and mental health care provisions.
The pandemic has also cast a light on how addressing most of these previously ignored factors has made employees more engaged in their work and productive. Business thought leaders are now considering applying the same measure for a healthier workforce, even post-covid19.
Separation of Vital Roles and Core Skills
Core employee skills and roles were interchangeable factors that had no strategic differences. The pandemic has redefined employee classifications as:
- Workers that play an essential decisive role in the company
- Workers that possess skills that are critical to various business processes
- Talented or experienced workers
“it’s only through separating vital skill, roles, and the employees who play them that organizations can focus on improving their service delivery. Instead of thinking of the next task, they’ll be assigned.” – Emily Rose, Gartner director of HR.
Such expanded roles can help your business operate more effectively, even in a hybrid In-office and remote work environment.
The (De)Humanization of the Workforce
Before the Covid19 pandemic, most businesses only cared about the bottom line. However, this crisis highlights the role that well-being, effective communication, and the bonds that co-workers have played on their productivity.
Understanding such relationships can help your organization formulate a better remote work policy. It can also play a part in your in-office staff corporate culture. Such a measure can also help your employees maneuver the bottlenecks to effective communication and help both on-site and remote workers work as a team as opposed to competing entities.
The Rise of Top-Tier Employers
In a post-covid19 world, potential candidates will want to know how your organization treated its workforce during the outbreak. Your company would rise to top-tier employer status if you showed compassion and a commitment to the needs of your staff.
Any changes made during the pandemic should have an effect that will last in a post-covid19 world. So, you should think of enacting measures that will be tenable even several years after the worst is over.
Increased Institutional Complexities
This pandemic bears a few similarities to the 2007-08 global fanatical crisis. The financial downturn triggered M&A activities, which shielded many companies from collapse. As we put the worst of this pandemic behind us, we are already beginning to see similar trends.
Companies will want to expand to unchartered markets and boost their productivity to make up for the lost time. But, as companies grow bigger, so too do their organizational complexities. So, Business leaders need to reflect on the lessons learned from this pandemic to come up with flexible business models for the expected complications.
To Sum It Up
These trends represent the new impact of the pandemic on every job market. Fortunately, it’s not all doom and gloom. There are many changes organizations can make that have a positive effect.
Such changes have enabled organizations to be in a better position to cope with the shocks of the pandemic. A major lesson that we’ve learned during this pandemic is that addressing your workforce’s mental and physical concerns can be a greater boost that the compensation they receive. As you plan for a post-covid19 world, please consider enacting some of these measures for a competitive edge.GET A QUOTE