HR Archives - The Future of Work Exchange

Develop Your Soft Skills with AI-Powered Training

Business Leadership General Insights HR Talent Technology and Innovation by John Yuva on 02/13/2025

The Future of Work encompasses many characteristics. However, attributes like communication, collaboration, and community contribute greatly to enterprise success. There is an elicited sense of interconnectedness between leaders and their workforce and among employees themselves. At the heart of those dynamics is soft skills that help drive workforce interactions and business outcomes. In today’s world where artificial intelligence permeates nearly every area of the workplace, AI is coming into its own as a tool to enhance soft skill development.

Think soft skills are only a recent workforce concentration? Not quite. In 1918, the Carnegie Foundation published Charles Riborg Mann’s A Study of Engineering Education, which cited that 85% of a person’s job success is a product of soft skills and that only 15% of success is based on technical knowledge. Even more than 100 years ago, the criticality of workplace soft skills was being emphasized. However, the pandemic helped bring soft skills into sharper focus as other Future of Work elements (e.g., flexibility, remote work, empathetic leadership) became mainstream concepts and areas of importance.

Now with artificial intelligence leading the way in technology utilization, enterprises have an opportunity to leverage AI for greater workforce enablement — particularly around soft skills.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

To continue providing valuable insights and resources on the future of work and extended workforce management, we’re transitioning our site to a paid subscription model. While some posts will remain free, subscribing will grant you exclusive access to in-depth analysis, market research, expert interviews, and actionable strategies that will help improve your business. Solution providers and practitioners are invited to join today and gain a competitive edge by tracking the industry’s important innovations, emerging trends, and best practices.

Click here to learn more.

AI Redefines Talent Upskilling

Business Leadership General Insights HR Talent Technology and Innovation by John Yuva on 02/06/2025

The Future of Work paradigm is being redefined by technologies complementing talent acquisition and workforce strategies. Undoubtedly, artificial intelligence (AI) is the driving technology most enterprises are trying to harness. While AI and its subsets, such as machine learning (ML) and natural language processing (NLP), are utilized across industry sectors, what does this mean for the current and future workforce? Undoubtedly, the automation derived from AI has created employee apprehension, when, in fact, there lies an opportunity to leverage the technology for strengthening workforce skillsets through upskilling. Most experts agree that automation will transform some jobs, leading to a greater focus on upskilling as workers strive to remain relevant and competitive in their career fields.

Upskilling is akin to learning new skills to better perform your job — not to be confused with reskilling, which is investing in skills for a different job. This leads to a key question: How critical is upskilling? According to the World Economic Forum, the U.S. could add $800 billion to its GDP by 2030 through upskilling efforts alone. Artificial intelligence can help execute upskilling initiatives and deliver on those economic estimates.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

Reimagining Contingent Workforce Management: A Strategic Imperative for 2025

Contingent Workforce Direct Sourcing HR Solution Providers Talent Acquisition by Christopher J. Dwyer on 02/03/2025

If I ever want to show my age, all I need to say is this:

I’ve been in the contingent workforce and HR tech space for nearly 20 years.

Now, like most of the folks in our amazing industry, I got here by accident. While I love the CWM space and the many, many friends I’ve made along the way, I didn’t set out to be an in analyst in this arena when I was college. (No, I aspired to be a journalist, a conversation for another day…)

So, I say this seeing so many market-shifting events, including the “perfect storm” of the contingent workforce’s growth spike in 2008-2009, a “reawakening” during the pandemic, and today’s AI-driven, skills-based hiring arena:

The CW programs of today aren’t built for tomorrow….

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

thods within extended workforce management.

Mental Health Steps Out of the Workforce Shadows

Contingent Workforce Diversity and Inclusion HR by John Yuva on 01/16/2025

Today’s remote and in-person workforce is doing more with fewer people, which is putting renewed focus on a critical Future of Work topic — employee mental health. When left untreated, mental health concerns can lead to substantial costs for enterprises — $60,000 annually for one organization and $105 billion nationwide — according to the Center for Prevention and Health Services. The COVID-19 pandemic helped bring the issue of employee mental health further into the forefront. However, HR and workplace leaders must do more to recognize and address what has historically been a stigma-plagued health issue. Ignoring the effects of workplace stress, anxiety, and burnout often leads to productivity and performance decline as well as employee satisfaction and retention challenges.

A Prevalent Health Issue

In its “2025 Workforce Mental Health Trends Forecast,” report, Lyra cites stress as the “common denominator” most affecting workplace mental health where “more than 1 in 3 HR and benefits leaders identified work-related stress and burnout as the most common challenge impacting employees, citing ‘excessive workload’ as the main work-related factor negatively affecting mental health.”

Among the report statistics:

50% of respondents reported that stress and anxiety impact their workers throughout the past year
39% of HR and benefit leaders cite financial stress as a top-three factor affecting workforce mental health (more than doubling last year’s 18%)
24% ranked managerial stress as the third-leader workplace stressor by HR and benefit leaders
22% cited incivility and unruly behavior at work as negatively impacting their mental health.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

The Role of Blockchain in Candidates’ Digital Identities

Business Leadership General Insights HR Technology and Innovation by John Yuva on 12/12/2024

A more digital Future of Work environment also means an increase in data volume. Information about potential job candidates collected through direct sourcing efforts, as well as more process digitization puts an abundance of sensitive data at HR’s and business leaders’ fingertips. Concurrently, cybersecurity risks continue to grow as threat actors attempt to thwart individuals’ and corporate efforts to defend against them. Enter blockchain, a technology that holds the potential for capturing and securing sensitive personal and workforce data.

What Is Blockchain?

At its core, Synopsis defines blockchain as “a decentralized, distributed, and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.” For each ordered record (i.e., transaction) a block with a timestamp and transaction data is created and linked to subsequent blocks forming a blockchain. Whether it’s financial records, supply chain transactions, or personal information, blockchain guarantees a record of integrity and trust for all parties — without requiring a third party for verification.

Blockchain is most associated with cryptocurrencies like Bitcoin to secure a record of transactions. However, it is gaining more attention in industries outside of banking, including pharmaceuticals, aerospace and defense, and food and beverage, with several companies piloting blockchain technology for track-and-trace initiatives. For example, in the food supply chain, a supplier is unable to alter transaction data such as batch numbers, ensuring the ability to appropriately track and trace specific food shipments in the event of a recall.

The technology is now making its way into the HR function. This week, we’ll look at blockchain from the individual level (digital identity), followed by part two, exploring areas where HR can leverage blockchain to benefit the enterprise.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

Spin for the Win with Gamification

Business Leadership General Insights HR Technology and Innovation by John Yuva on 11/21/2024

In an article on the Future of Work Exchange last week, we discussed digital credentials and badges as a means to recruit, verify, and retain talent. This week we’re exploring those concepts further through gamification in the workplace and how the Future of Work can be transformed by its utilization.

Gamification Defined

Gamification is defined by Investopedia as, “the incentivization of people’s engagement in non-game contexts and activities by using game-style mechanics.” First coined in 2002 by game designer Nick Pelling while incorporating game elements into ATM and vending machines, gamification became mainstream by 2009 and has only grown as a strategic approach in HR and business.

With employee engagement and productivity a high priority for enterprises, gamification bridges the employee experience with enterprise needs. It can turn mundane tasks and processes, such as training and upskilling, reviewing corporate and HR policies, rolling out new products and services, and even applying for a job within the organization into engaging activities.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

Employee Engagement Still Lacks Execution

Business Leadership Contingent Workforce General Insights HR Technology and Innovation by Christopher J. Dwyer on 11/20/2024

Today’s enterprises can be characterized as fast-paced, ever-evolving to effectively respond to a more dynamic marketplace. Within the hustle and bustle lies a critical workforce need that is often overlooked: employee engagement. The concept can be confused with simply offering employees certain monthly perks identified from a quick survey. However, it goes much deeper than that and reaches beyond permanent, full-time employees to those in the extended workforce, as well.

A well-rounded definition of employee engagement comes from Engage For Success: “Employee engagement is a workplace approach resulting in the right conditions for all members of an organization to give of their best each day, committed to their organization’s goals and values, motivated to contribute to organizational success, with an enhanced sense of their own well-being.”

Powerful, Yet Underutilized

It is that commitment toward oneself and the enterprise that makes employee engagement such a powerful workforce approach. Yet, as a Gallup survey indicates, only 36% of U.S. employees are engaged in their work and workplace. The number is even lower on a global scale, with only 20% of employees engaged at work.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

Digital Credentials Provide Talent Visibility, Skill Recognition

Business Leadership Contingent Workforce Direct Sourcing General Insights HR Talent Acquisition Technology and Innovation by John Yuva on 11/14/2024

As people’s careers progress, they establish a professional profile comprised of a resume, portfolio, performance reviews, letters of recommendation, degrees, certifications, memberships, and other career achievements. Often, these paper-based items are dispersed and sometimes forgotten over time. However, they are all critical pieces of employees’ professional identities that make them unique in the workforce. Even more important, they represent their skills and competencies to potential or current employers.

What is the answer? Enter the world of digital credentials.

A Digitized, Verifiable Professional Profile

At the foundational level, candidates convert their professional profiles into digitized and verifiable credentials that enterprises access quickly and securely when recruiting or promoting staff. In today’s aggressive labor market, having digital credentials is a competitive differentiator in the workforce. It separates a candidate’s application from random submissions, thus streamlining the selection process and generating cost savings for the hiring enterprise through greater efficiencies.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

RTO Mandates Lead to Hushed Hybrid Trend

Business Leadership Diversity and Inclusion General Insights HR by John Yuva on 11/07/2024

Now in year three of our post-COVID-19 world, enterprises that once embraced and supported remote and hybrid workforce models are beginning to pull back — in some cases substantially — from their earlier commitments. Over the last year, corporations such as Disney, JPMorgan, Goldman Sachs, and most recently Amazon are instituting strict return-to-office (RTO) policies where employees are now required to be in the office five days per week. What are the motivations behind such policies and are they warranted? Even more striking is the resistance of many employees to RTO mandates — and how that is likely to play out in the year ahead.

RTO Motivations Warranted?

The U.S. Career Institute reports that by 2025, up to 36.2 million Americans will be working remotely. Currently, 54% of workers want to work fully remotely, with 41% preferring a hybrid schedule, followed by 5% who would choose to work in the office full time. Despite the statistics, enterprises instituting RTO policies (e.g., a return to office in some capacity, three times per week, or permanently) argue their necessity to improve productivity, strengthen collaboration efforts, and drive deeper innovation.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.

Artificial Intelligence Mitigates Unconscious Bias in Hiring

Business Leadership Diversity and Inclusion General Insights HR Talent Talent Acquisition Technology and Innovation by John Yuva on 10/31/2024

Today’s remote and hybid workplaces means access to a diverse and globally connected talent pool — one where the importance of equity and inclusion is stronger than ever. Standing in the way, however, are traditional hiring processes, coupled with ongoing controversies surrounding diversity, equity, and inclusion (DEI) initiatives that can enable rather than reduce the influence of unconscious biases in talent decision-making. The answer to overcoming these challenges and improving equity in hiring may lie in artificial intelligence (AI). AI tools can introduce impartiality into talent decisions and processes, mitigating the effects of unconscious bias.

Unconscious Bias Lives in Us All

To quell unconscious bias, one must understand it first to later recognize its presence. The University of California San Francisco (UCSF) defines unconscious biases as “social stereotypes about certain groups of people that individuals form outside their own conscious awareness. Everyone holds unconscious beliefs about various social and identity groups, and these biases stem from one’s tendency to organize social worlds by categorizing.” Unconscious biases include affinity bias, confirmation bias, conformity bias, and gender bias.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

Click here to learn more.