Price Waterhouse Coopers, LLP also known as PwC just released a new paper discussing five megatrends they have identified. These five megatrends are discussed in their paper in terms of how they will affect global defense and security. I am going to discuss two of these megatrends in terms of how they will affect the workplace in the U.S.
A week or so ago I saw a post on my Facebook feed from John Sumser about open work spaces. It was called Google got it wrong. The open-office trend is destroying the workplace. It resonated with people who read it, both good and bad. The general consensus was that there are issues with both the space and the people using the space.
The vision of retirement is undergoing a major change. Many people envision that retirement is sitting at the local Starbucks chatting with friends or sitting on the front porch rocking away enjoying “the good life.” However, for many people that is not the good life and as a result the vision of what retirement will look like is undergoing a major change.
I know that many start-ups don’t consider human resources related laws when they are getting started. They focus on getting their product or service up and running, whether they have the suppliers they need and of course the potential market. If they consider HR at all it is in the realm of payroll. Most federal HR laws don’t kick in until a company has reached 15 employees. The FLSA kicks in at fewer employees if you are bringing revenue of at least a half million dollars. There are however other laws related to HR that you need to pay attention to, as Uber has discovered.
I had a conversation with Alex Hagan, a futurist out of Australia, and we were discussing learning. I asked Alex which futurists he pays attention to and he said that he doesn’t really read many futurists. Rather he prefers to read and learn from parallel or even non-related industries. We agreed that learning from marketing and technology is important to HR.
Are you looking for a way to prepare for the future?
The Pokémon Go craze is in the news practically every day. It is almost impossible to go anywhere without spying someone walking around trying to catch Mewtoo, Dragonite, Psyduck or one of the other creatures in the game. As I observe this behavior and how quickly it caught on it made me wonder if there is a lesson in this for motivating employees.
Gamification is the trend
There is a great deal of controversy about the independent contractor and the gig economy. I have written about it a lot, as have many others. People are floating numerous ideas about how to utilize workers beyond the employee versus independent contractor. One such idea has been labeled as the dependent contractor.
Today I attended two packed sessions on the FLSA and its impact on companies. One session dealt with nonprofits and the second dealt with the FLSA overtime rules in general.
Although I hit two great concurrent sessions today and a very interesting keynote address I will talk about them at another time. I wanted to highlight some of the vendors I have visited. I look for some of the smaller vendors, not exclusively, but generally some that have an interesting product or service.