2024 Workforce Models
How is your organization adapting to remote, hybrid, or in-office models to maintain well-being and productivity? Recent announcements by industry leaders, such as GM, Amazon, AT&T, Google, and others, underscore the move toward a mandated Return To Work (RTW) hybrid model for 2024. Despite uncertainty about the transition’s outcomes, the focus remains on discovering the ideal work environment that aligns with your organizational requirements and workforce preferences.
Let’s explore the pro’s and con’s of each work environment:
Upwork predicts 22% of the U.S. workforce will remain fully remote by 2025, offering flexibility, work-life balance, and access to a broader talent pool for increased productivity and job satisfaction. However, challenges such as isolation, communication issues, and the need for strong digital infrastructure persist. Balancing autonomy and collaboration is vital for a successful remote workforce.
The Hybrid approach blends flexibility and structure, enhancing work-life balance by incorporating remote work benefits while retaining an office presence. Cost savings stem from optimized space use. However, addressing coordination challenges and potential inequalities may require a cultural shift for successful implementation.
In-office work encourages instant collaboration, fostering teamwork and face-to-face interactions for effective team building and supervision. However, drawbacks include commuting stress, significant office-related costs, and a limited talent pool, potentially hindering diversity, and innovation.
Retirees Returning to Work
ResumeBuilder.com’s recent survey found that 12% of retired Americans are poised to re-enter the workforce in 2024 due to concerns about inflation and the high cost of living. The study also highlights that two-thirds of retirees worry about age bias affecting their job prospects, while 1 in 4 Americans aged 62 to 85 is currently employed. The remote work model has proven particularly beneficial, providing opportunities for retirees who cannot commute or spend extended hours in the office.
Upskilling and Reskilling Initiatives
In 2024, workforce trends anticipate a sustained emphasis on skills development, with a particular focus on upskilling and reskilling initiatives. Organizations are expected to prioritize adapting to evolving job requirements and technological advancements. This entails providing employees with opportunities to enhance their existing skill sets or acquire new ones to stay relevant in dynamic job markets. The commitment to skills development reflects a proactive approach by businesses to address the ever-changing demands of industries and ensure that their workforce remains versatile and well-equipped to navigate emerging challenges and opportunities in the evolving world of work.
Talascend’s remote work strategy streamlines offices and broadens our nationwide reach to meet each client needs. Talascend’s Troy, MI Headquarters and Southern Region in Mobile, AL serve as centralized meeting places, offering a traditional office setting to accommodate diverse employee preferences. It’s a win-win for everyone!
Meet Kim Stouffer, Talascend VP of HR
What I love most about Talascend is our dedicated team. Their hard work has a profound impact, whether it’s staffing national projects or providing support to individual contractors. Each person plays a role in making a positive difference in the world, and I take pride in being a part of such an accomplished and compassionate team.
Amidst the whirlwind of this year’s everchanging workforce trends, what remains steadfast is Talascend's ability to support any scenario your company chooses! Our array of flexible and streamlined options ensures success without the stress. Reach out to us today to discover more!
About Talascend
Talascend is a Veteran Owned Business that is dedicated to the success of our nation’s civilian and veteran personnel. To date, the Talascend organization has a staff of 60 experienced and tenured recruiting professionals, a contract community of nearly 700 employees working on-site at our partnering accounts, and a candidate community of 1.2M+ engineering, technical and skilled trade professionals.
With 75+ years of staffing success, Talascend has been one of the most reliable and effective providers of strategic staffing solutions for clients serving multiple industry verticals needing top talent in engineering, technical, and skilled trade disciplines. Headquartered in Troy, Michigan, the Talascend companies have worked with some of the world’s largest and best-known organizations on an extensive range of high-profile projects nationwide. If you are looking for a new career, or to grow your workforce, contact us today!