Faethm Insights Blog

Always remember that the future of work is happening now

Written by Faethm | December 8, 2019

 

Every company needs to understand the future of work

The future of work is happening now.

As the workforce changes, so does the experience economy. In-house roles are evolving into gig workers and vice versa; meaning, the gap between "employee" and "contractor" has become increasingly blurred. Companies must understand this shift and how it affects their workplace in order to drive positive change throughout their organization.

The workforce is changing

We’re not just talking about robots and automation, but also the ways in which our lives have changed because of technology. For example, we have more options thanks to smartphones and apps like Uber or Lyft — even if they come with problems like driverless cars taking jobs from drivers.

There are many benefits that come with this new way of working: flexibility, anonymity (you can work from anywhere), and freedom (no nine-to-five). But there are downsides as well — like having too much choice (which may overwhelm us) or feeling isolated from our coworkers if all we see of them is their avatar on Slack rather than in person.

Roles are evolving

  • Roles are evolving. Many of the trends we're seeing in our work environments today, such as remote work and crowdsourcing, have been around for decades, but they're gaining momentum.

  • The way we work is changing. It's not just about getting your job done faster—it's also about finding meaning in what you do and having control over your time and schedule.

  • The way we work isn't just changing—it's being reinvented entirely by the people who use it every day: us.

In-house vs. gig workers

There are key differences between in-house workers and gig workers.

  • In-house employees are more expensive and less flexible than contractors or freelancers, but they also tend to be more loyal, flexible and predictable.

  • Gig workers, on the other hand, offer flexible schedules for lower costs with greater freedom from supervision. They can also be unpredictable when it comes to their availability or completion times because they may not have set hours or shifts at all.

The workforce experience is changing and needs to keep up with the rest of the experience economy

Your workforce experience is changing.

And it needs to keep up with the rest of the experience economy.

The workforce experience is a key differentiator, especially in a highly competitive labor market where you're competing against other employers for talent. It's also an opportunity for your organization to showcase its values, culture, and brand identity through human interactions that demonstrate your company's mission and goals in an authentic way.

You can be sure that other companies are thinking about how they can improve their own work environments too—and those who do it best will have an edge over those who don't take advantage of this valuable resource.

Your strategic workforce planning solutions need to be future-proof

Faethm's AI-powered workforce planning solutions are the future of work, and they're here now. Our software program has been designed to help you plan for the future of your business and workforce by providing insights into how your team will perform in different scenarios that may arise in the coming years.

If you want to stay competitive in today's market, it's important for you to be able to predict where trends are heading so that you can adjust accordingly—and Faethm is here to make sure that happens.

With Faethm's AI, you can stay ahead of the curve long-term

Faethm is a tool you can use to plan for the future and stay ahead of the curve. It’s constantly learning and updating, meaning that it will continue to be useful even as the world changes around it.

The advantage of Faethm's AI lies in its ability to draw on data from across industries, which is why we say that this resource is built on a solid foundation of information—and can give you insights into new ideas or trends before they become mainstream hits.

We've spent the last several years helping companies plan for the future of work. The workforce is changing, and Faethm can help you make sure you're prepared. If you're interested in learning more about how we can help, please contact us today.