Wednesday 27 February 2019

Mercer's study: top work trends of leading companies revealed


KUALA LUMPUR, Feb 27 (Bernama) -- Four top trends currently pursued by leading companies in 2019 d comprise aligning work to future value, building brand resonance, curating the work experience and delivering talent-led change, says Mercer’s 2019 Global Talent Trends study.

According to the advice and technology-driven solutions provider, artificial intelligence and automation will continue to transform the competitive landscape. Hence, in aligning work to future value, 60 per cent of companies plan to automate more work in the next 12 months.

Successful companies also ensure their brand resonates with all workforce segments - 68 per cent of high-growth organisations differentiate their talent value proposition to different groups (such as contingent workers), compared to 47 per cent of modest-growth companies.

Meanwhile, more than half (56 per cent) of employees want curated learning to help them evolve their skills and prepare for future jobs.

The study has also found 61 per cent of human resource (HR) leaders involved in planning the roll-out of major change projects and 54 per cent involved in executing those plans.

Yet, only two in five HR leaders participated in the idea generation stage of transformation initiatives.

In today’s climate of uncertainty, employees seek stability. The study also found job security as one of the top three reasons employees joined and stayed in a company.

“Over the last few years, organisations have moved from anticipation to action in preparing for the future of work. But they risk bewildering people with too much change, ignoring the values individuals admire, and inundating them with endless process,” said Mercer’s Career business president, Ilya Bonic.

“The future of work is about connectivity, creating a work environment that appeals to today’s workforce by building a coherent sense of identity, sparking connections, and using data to personalise the experience,” said Mercer Career Global Solutions Leader, Kate Bravery.

The study shares insights from over 7,300 senior business executives, HR leaders and employees from nine key industries and 16 geographies globally. Download the report at https://www.mercer.com/global-talent-trends.

-- BERNAMA

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