TALENT REPORT ASIA 2023
‘JOB POLARIZATION AND THE FUTURE OF THE WORKSPACE’
The global workforce has experienced a turbulent few years, with the international talent pool experiencing many fundamental shifts and unemployment rates reaching a 40-year high in some key markets.
A workforce that is aging overall, while Millennials and Gen Z workers are coming of age, is creating new challenges for companies seeking to balance employee needs and traditional corporate values.
Overall higher education levels and subsequent higher expectations of entry-level work has led to greater job polarization amongst new potential recruits. Simultaneously, a greater emphasis on personal space, among other factors, has dramatically impacted overall employment stability and sustainability.
Understanding these trends and adjusting operational approaches proactively can not only help with current employees but also pave the way for the next generation.