It’s fairly common for the HR and TA communities to spend the first few weeks of a New Year focused on analysing and forecasting the emerging trends we expect to see play out in the world of work over the coming 12 months, and early 2024 has been no exception. It’s looking like the dynamic landscape of work is set to witness significant transformations.
Recently I had a great podcast chat with Neil Pickering, Senior Manager of HR Innovation at UKG (Ultimate Kronos Group), and we talked about the key trends we expected to see over the upcoming. We identified these four main themes for 2024:
1. The Year of Trust: Redefining Employee-Employer Relationships
In the wake of the COVID-19 pandemic, employee preferences regarding when, where, and how they work have undergone a radical shift. Whilst my own research from 2018 indicated that these trends already existed, the Covid pandemic definitely accelerated them. The focus in 2024 has now shifted to redefining the employee-employer relationship, with the overarching theme being trust – Neil’s research indicating that employees are seeking increased trust in their employers and organisations.
This is underscored by a growing emphasis on personalisation of the employee experience. Multi-generational workforces are now the norm, and individual priorities – especially regarding mental health and well-being – are taking centre stage. The challenge lies in delivering unique and personalised experiences tailored to each employee’s needs.
Some of this can be achieved by encouraging more regular manager/employee check-ins, empowering our people to provide feedback, and enabling self-service wellbeing options to help create a more personalised work experience.
2. From Buying and Borrowing to Building and Mining
Our second key trend revolved around talent strategies, which we see shifting from traditional hiring practices to a more holistic approach. Organisations are moving beyond simply buying or borrowing external talent and instead focusing on building and mining talent within their existing workforce. This approach involves identifying and utilszing the skills, capabilities, ambitions, and passions of their current employees.
Our workforces are becoming increasingly aware of the importance of growth opportunities, and expecting organisations to enable their personal and professional development. Part of this will include identifying individual passions outside of work and aligning them with organiational needs and priorities.
We see a need for genuine employee resource groups, and transparent communication channels to encourage employees to share their interests to help facilitate a collaborative, growth-oriented environment.
3. AI, Personalisation, and the Future of Workforce Management
During our conversation Neil highlights the growing role of AI in shaping the future of workforce management. The focus is shifting from process-oriented approaches to outcomes, with generative AI streamlining complex processes behind the scenes. This shift enables employees to experience positive outcomes without getting bogged down by intricate procedures.
Processes like self-scheduling, shift swapping, and accessing information about policies such as leave entitlement, will become seamless with the integration of AI, allowing organisations to prioritise outcomes, ensuring employees can navigate administrative tasks effortlessly, which will lead to increased productivity and an enhanced employee experience.
4. ESG Reality Check: Transparency, Trust, and Employee Expectations
The final major trend we covered was the increased prominence of Environmental, Social, and Governance (ESG) initiatives in the corporate landscape. With the EU introducing the Corporate Sustainability Reporting Directive (CSRD) in 2024, organisations will be under increased scrutiny to deliver on their ESG promises. This trend won’t only be influenced by external factors (such as financial markets and regulatory requirements) but also driven by internal expectations from employees and consumers.
The emerging workforce are likely to become active participants in holding their organisations accountable for their social commitments. Businesses will have to be transparent about the outcomes of their ESG initiatives and swiftly address any shortcomings. Authenticity is paramount – we believe employees and consumers will increasingly be looking for tangible proof of an organisation’s commitment to social responsibility.
The world of work in 2024 is poised for some transformative shifts, emphasising trust, personalisation, talent development, AI integration, and ESG initiatives. To thrive in this evolving business landscape all organisations have to display authenticity and a genuine commitment to employee wellbeing. The key to a successful future for businesses in 2024 and beyond lies in embracing change, fostering transparency, and building resilient, adaptive workplaces.


