What's Happening?
Employment Hero's 2025 Annual Jobs Report reveals significant changes in the global workforce, driven by cost-of-living pressures, shifting values, and technological advancements, including AI. The report, based on data from over 350,000 businesses and 2.5 million employees, highlights trends such as the rise of 'poly-employment,' with one in three workers holding multiple jobs. It also notes a preference for job security over high-pressure roles, particularly among Gen Z. The report underscores the need for employers to adapt to changing employee expectations and navigate talent shortages and increasing business costs.
Why It's Important?
The findings of the Employment Hero report are crucial for understanding the evolving dynamics of the workforce. As employees face economic pressures and reconsider their work priorities, businesses must adapt to retain talent and meet new expectations. The rise of multiple job holdings indicates a shift in employment patterns, potentially affecting productivity and job satisfaction. Employers need to balance operational costs with employee demands for flexibility and security, which could influence hiring practices and workplace policies.
What's Next?
Employers are likely to focus on creating more flexible work environments and offering roles that align with employee values and priorities. As AI and technological changes continue to reshape the workforce, companies may invest in retraining programs to equip employees with necessary skills. The report suggests a growing need for businesses to innovate and adapt to maintain competitiveness and meet the evolving needs of their workforce.
