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How Work-Life is Changing
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The Future of Work (INFOGRAPHIC)

As the Millennial generation gets older, the way in which we approach work, and get work done, will drastically change. Take a ride with us as we predict the future, the future of work.

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The Future of Work (INFOGRAPHIC)

  1. 1. HOURLYNERD How Work-Life is Changing “Flexwork” Flexible Schedule Flexible Workplace Autonomy 66% 77% 34% 63% 77% 87% 200520122005201220052012 How companies have adapted to meet this need 40% Companies that implemented “flexwork” schedules 74%88% positive effect on satisfaction 93% 85% 84% positive effect on engagement positive effect on motivation Want flexible “work-life” integration Want flexible work schedules 2 Impactful Work Make the employee feel as if they’re contributing to the company. 1 Challenging Work Employees will leave their job if they’re not challenged. 700,000Jobs lost every year from low employee satisfaction How The Workforce is Changing For the first time, 5 generations are working together. Traditionalists, Boomers, GenXers, GenYers, and Millennials. By 2025 75% of the workforce will be Millennials. having health insurance provided by employer having to move back home with parents after graduation the economy graduating college applying to graduate school affording their own place to live after graduation personal financial health (credit card, food, etc.) the cost of education tuition (student loans) ability to find a job 1% 3% 6% 7% 8% 13% 13% 16% 32% 2% 2% 4% 6% 8% 10% Millennials concerns about future 10% 28% 31% 31% 28% BeinginMyDreamJob FinanciallyStable become a business owner making a sizeable investment starting a family traveling paying off student loans additional education after graduation getting married being in my dream job financially stable Future Aspirations of Millennials 94%Millennials say they want to work for a company with a higher purpose – something that’s more important to them than salary 2nd 1st As more Millennials take over the workforce, finding their dream job will become a larger concern that businesses and companies must address. In order to address this concern companies must focus on three areas. 3 Meaningful Work Make employees feel like they’re contributing to society. Are earning more than they did as an employee in the same field. THE FUTURE OF WORK Shifting Demographics 1 out of 3 Americans is currently an independent worker. (42 Million) 38% McKinsey Global Institute – A labor Market that works: Connecting talent with opportunity in the digital age Resources Employers increasingly recognize work-life balance as important to employee satisfaction. Current employee attitude toward work-life balance The implementation of flexible “work-life” structures is slow. Workers are now seeking flexibility outside the traditional workforce. 1/2By 2020, many predict freelancers will make up 50% of the labor force.