Rising productivity brought on by automation has not led an increase in income for workers.This is among the conclusions of the 2020 report from the MIT Task Force on the Future of Work, founded in 2018 to study the relation between emerging technologies and work, to shape public discourse and explore strategies to enable a sharing of prosperity. Building an upbeat work culture—one that unites and energises a team around a shared goal—will be more challenging to do in the WFH scenario. 3 days ago, Mukesh Ambani tops Impact Digital Power 100 Tech List We are and will be living the future faster than we expected in the coming days. Follow me on Twitter or LinkedIn . A workforce that does not need to come to an office every day. 38 Liu, J. 2 hours ago, AIM seeks GST exemption, greater share in gov ad spends ahead of Budget 2021 9 hours ago, Truth is a scarce commodity these days: Vir Sanghvi Automation of routine work with artificial intelligence (AI), digital dexterity, and hybrid work with distributed workforce will be three key trends impacting the future of work, according to Gartner. Another trend, perhaps less radical than pay transparency, is that of companies forgoing traditional roles and departments—and all the territorialism that goes with them—to focus on purpose-built projects that thrive without the need for departments. Want more? In addition to the yearly crop of ever-bigger, brighter and sharper TVs, LG Display will show off a "smart bed" that includes a 55-inch transparent TV that rises from the bed frame. Conscious Business: Recently, Alan Murray, the president of Fortune, wrote about a “fundamental and profound” change in the way that American C.E.O.s speak about their roles. Don’t worry! Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. But HR and managers have found it more comfortable than expected to maintain and manage output-driven productivity matrix. The level of public outrage around this issue is not going to decrease over the next year. Operations can run from anytime and where. Decoding the ‘Mutation of Marketing DNA’: e4m Conclave on January 18 While reducing paper usage is certainly part of that ( the average office worker prints more than 10,000 pages a year ), minimizing the need for physical delivery of documents as well as in-person meetings can also be impactful. Earlier, groups of talent that were unwilling to relocate to the employer's location were not even in the consideration list. 1 day ago, marketing 23 hours ago, Hemant Malik, Prasoon Joshi, CVL Srinivas lead Impact Digital Power 100 Marketing List Courtney Seiter on Future of Work Trends for 2020. Especially popular in creative industries, salary transparency is gaining traction amongst an increasingly empowered and informed workforce, so much so that LinkedIn named pay transparency one of its top four trends in the Global Talent Trends 2019. 1 hour ago, Govt examining WhatsApp's privacy policy update: Reports Unfortunately, whilst the most attractive professions will offer a level of transparency and trust to their employees in exchange for critical skills and high levels of emotional intelligence, the gap between high value ‘thought-based’ professions and those that do not require specific skills will increase. Does that sound familiar? Future of work: Trends from 2020 that are here to stay. Leaders realised how important it is to take care of the mental health of the employees, and a new trend of having accessible mental health experts on the team emerged. Clients of our Premium Service have received a full report on THE FUTURE OF WORK featuring five new trends and premium-exclusive insights.. SHEA Global has the details. Retrieved from Forbes. ADSERT WEB SOLUTIONS PVT. On one hand, we will start to see the adverse effects of AI and automation in areas that have a large amount of process-driven jobs, and a larger separation between those working to survive and those in thought-based roles. This led me to develop a management structure that promotes our human skills, in order to help us take full advantage of AI and the future of tech, and to ensure that businesses are prepared for radical change. 1 hour ago, VLCC Femina Miss India 2020 signs Chicnutrix as beauty vitamins partner - virtual edition Opinions expressed by Forbes Contributors are their own. Fully remote and hybrid remote job roles can be hired from anywhere in the world, which opens up enormous possibilities for companies to hire effectively and even more cost-efficiently. They can rest better, spend quality time with family and take care of their health. 08 May 2020. This trend will continue throughout 2020 and beyond, as employees look for a more flexible, accountable, and trustworthy relationship with employers. exchange4media was set up in year 2000 with the aim of publishing niche, relevant and quality publications for the marketing, advertising and media professionals. 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