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Reskilling the Future of Work

HR Digest

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

McKinsey 134
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Are Universities Able To Adapt To The Changing Requirements In The Future Of Work?

The Horizons Tracker

In The Ecosystem Economy , McKinsey’s Venkat Atluri and Miklos Dietz paint a picture of the future of education that will see the ways in which we learn transformed. As the labor market loosens, however, there is a growing call for recruitment to be based more on skills than on credentials.

Education 114
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Avoiding The Technology Trap In The Future Of Work

The Horizons Tracker

The research was arguably the first study that attempted to predict how technologies such as artificial intelligence and robotics would impact the labour market. He also touches on the evident need to improve educational opportunities for people throughout their life so that they can develop the skills needed to move into new careers.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

Similarly, 42 percent of working mothers would look for higher pay, and 29 percent work seek additional training to boost their careers. McKinsey reported that working mothers were 1.5 McKinsey ’s survey also showed that working mothers were 6 percent more likely to be dealing with mental health concerns than their male counterparts.

GDP 98
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How to Successfully Work Across Countries, Languages, and Cultures

Harvard Business Review

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 Our ways of thinking about careers, colleagues, and collaboration will need to become more flexible and adaptable. But in 2010, Rakuten mandated an English-only policy for its workforce of over 10,000 employees.

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It’s a Match! How to Create an Equitable Compensation System That Fits You

HR Digest

Building a conscious pay system requires conscious policies and practices that support such an initiative. percent of senior managerial and directorial roles , according to McKinsey. The next involves assessing the conditions you work under and reframing your policies and systems to best support your employees.

System 52
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We Need to Move Beyond the Employee vs. Contractor Debate

Harvard Business Review

The options for getting work done — beyond regular full-time employment — are increasing and, in a world of constant change, we should be asking not simply whether a worker should be categorized as an employee or a contractor but whether regular full-time employment is really the only way to deliver high pay and marketable skills.