ADP, a New Jersey-based human resources company specializing in labor market research, announced their 2019 projections of top workplace trends, based on data from the monthly ADP National Employment Report and the quarterly Workplace Vitality Report. Both reports also highlight the numerous successes in the 2018 U.S. economy, such as a 50-year unemployment low, an additional 50 million jobs added, and wage increases averaging around $1 per hour.
ADP projects the biggest trends of 2019 impacting the workplace as follows:
- Today’s workforce is filled with employees from all generations and employers will have to account for different interests to keep workers engaged, as well as consider how many freelance, temporary, and full-time employees the company needs. Given that 82 percent of work gets done in teams and engagement in teams is 57 percent higher when team leaders check in with their members, employers may rely heavily on HR departments to keep efficiency in check.
- In order to accommodate each employee’s payroll schedule needs, employers may need to offer digital payment accounts, so employees can access pay when they want, as well as customize payroll cycle to each worker. Workers are also more interested in using workplace technology that is similar to what they use in their personal lives, which Human Resource (HR) departments can address by using more cloud-based technology.
- Organizations will also need to address the average 17 percent gap in base pay between men and women, implementing initiatives that give equal opportunity within both pay and bonus. Additionally, by using AI and machine learning to gather and analyze data, both leaders in businesses, as well as workers, can consume data and use it to their advantage.
“With 2018 employment levels at an all-time high and broad-based wage growth taking root, the U.S. job market is more dynamic than ever,” stated Don Weinstein, Chief Product and Technology Officer at ADP. “In 2019, employers and workers will increase their focus on issues ranging from the personalization of pay, to an increasing mosaic of workers that span fulltime to gig, data privacy issues, and more.”
