The New Year is here. 2017 flew by at astronomical speed and this year will be no different. The UK job market continues to change and businesses are striving to be more competitive in order to retain and attract top talent. With this, employees are facing increasing challenges and stress in the workplace with more projects and targets than ever before. Employers need to be prepared for the New Year ahead and know what lies in store with the job market in order to put together a successful strategy.
CV-Library has released its workplace trend predictions for 2018 based on an analysis of their data throughout 2017.
Lee Biggins, Founder and Managing Director of the jobs board, comments: “Many organisations will seek improve their attraction, recruitment and retention methods in 2018, and we hope that businesses across the UK take the time to consider how they can accommodate these trends in their organisations.”
Here are the 8 predictions:
1. More fluidity in the job market
CV-Library’s research found that three quarters (74.3%) of the nation’s workers believe that job-hopping has become more acceptable and 2018 will likely see more workers opting for freelance and contract positions.
2. Higher importance on workplace perks
Two-thirds (62.1%) of professionals state that they consider these to be a key factor when looking for a job. With many companies seeking new ways to stand out from their competitors, this will continue to be a priority next year.
3. More progress on closing the gender pay gap
A staggering 87.9% of women said that they’ve been paid less because of their gender. This, combined with negative press and gender pay gap reporting, will place more pressure on organisations to ensure fair and equal pay in their workplaces.
4. Rise in companies offering returnships
Over three quarters (79%) of the nation’s workers admitting they would be more inclined to join a company that offered a returnship programme and the trend of organisations offering these is set to grow.
5. More flexibility for workers
With data revealing that two-thirds of the nation’s workers are losing up to 16 days commuting a year, we expect more companies to offer flexible and home working for their staff.
6. A focus on a strong work/life balance
The average UK worker (36.7%) puts in over 13 extra working days a year, with two thirds (64%) admitting that they often work more than their contracted hours. Businesses are seeking ways to ease this pressure and alleviate stress.
7. Strong leadership will drive employee morale
82.2% of Brits have had a bad leader at work, with 41.3% stating that this has made them feel demotivated. Organisations should focus on creating a robust senior management team, which can drive growth and happiness.
8. Companies take diversity more seriously
With 70.8% of UK workers revealing that discrimination around age is common in their workplace, there will be more of a focus on celebrating all kinds of diversity including both age and gender.