Latest News  

Deloitte study: What are the expectations of the employees and how can the employers adapt to the new trends?

Demographic and technological changes are the two major trends that transform the workforce, according to the Deloitte study "Voice of Workforce in Europe", which reached out to more than 15,000 people from ten European countries, namely France, Germany, Italy, the Netherlands, Poland, Spain, Sweden, Switzerland, Great Britain and Romania.

2019-01-08 19:32:54

Demographic trend. The decline in birth rates and the late entry of young people into the labor market lead to a difficult replacement of the workforce. These projections may seem alarming, but other elements can compensate for the loss of current workforce. Employees approaching the retirement age have more time on the labor market, mainly as a result of reforms in pensions and health improvement.

Technological trend. Progress in various fields, especially Artificial Intelligence and communication technologies, involves a rethinking of the structure and the way of working. The skills that employers require are evolving rapidly, and their shelf life becomes shorter.
"The two demographic and technological trends can only be countered by long-term structural policies. Employers must therefore be accustomed to the idea that this is the future of the labor market and to find solutions to motivate existing employees, giving them the possibility of a longer career, which obviously also means the willingness to learn new skills," says Raluca Bontas, Global Employer Services Partner, Deloitte Romania.

The survey shows that, according to occupation, between 24 per cent (factory workers, processing) and 43 per cent (professionals) intend to work after the age of 65. As for other age groups, employees over 55 have the most part-time contracts (20 per cent) or are freelancers (10 per cent).

At the same time, findings revealed that the most relevant skills for future employment are advanced IT (21 per cent), foreign languages (21 per cent), technical knowledge (17 per cent), learning (12 per cent), communication (11 per cent), while the most effective learning methods are, according to the age group, training at work (79 per cent-77 per cent), working on a new problem/task (70 per cent-68 per cent), attending courses, seminars (66 per cent-56 per cent).

The most relevant five aspects that motivate the workplace are job security and stability (87 per cent), remuneration (85 per cent), trust of colleagues, clients, leaders (84 per cent), clear definition of responsibilities (83 per cent), competent management (82 per cent).

"Romania is also facing a decline in birth rates and, in addition to the Western European states, labor migration. Both phenomena are likely to continue in the medium term and may affect the growth potential of the economy. In the most recent financial stability report, the National Bank of Romania identified the demographic problem as a structural vulnerability, with a quarter of the Romanian labor force working in other states. However, the present study also reveals how employers can adapt to these trends by changing their approach to five key points that primarily aim at retaining seniors, contract flexibility and learning," Raluca Bontas explains.

How do employers adapt?

Taking advantage of longer careers. Companies looking for skills and flexibility should consider the group of elderly workers who remain motivated, content and open to alternative employment arrangements.

Employing and motivating a wider workforce. Motivation factors vary by age and status. Managing a workforce with different opinions and preferences and providing a personalized experience to employees will become more and more difficult and will require a set of skills not necessarily related to specific technical knowledge.

Training strategies for alternative careers. Although wage labor remains the most attractive form of employment, there is moderate interest in other types of contracts, especially among the elderly.

Promoting lifelong learning. Taking into account that a career spans more than half a century and also considering the fact that changes due to technology are rapid, lifelong learning becomes essential.

Waking call on technological change. Organizations should anticipate dissolution of roles and provide alternatives to affected workers. This effort can help increase their commitment as well as performance and can counteract their lack of motivation.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Endava opens two new software centers at Brasov and Timisoara

Top five ranking software company Endava, with a turnover exceeding 500 million lei in 2018, announced the opening of two new software centers at Timisoara and Brasov.

 Read Full article »
Volvo Cars and Uber present production vehicle ready for self-driving

Volvo Cars, a leader in automotive safety, and Uber, the leading ride-hailing firm, today present a jointly developed production car capable of driving by itself, the next step in the strategic collaboration be

 Read Full article »
Pepper Escu, the first humanoid robot in Romania's commercial real estate business works at CBRE

Starting May, the real estate consultant CBRE has brought Pepper Escu on its team, the first humanoid robot in a real estate company in Romania. CBRE aims to use the robot's technological abilities to create sy

 Read Full article »
Rebranding Creativity 2019, the first applied creativity and creative-problem-solving conference in CEE takes place at Cluj-Napoca

Rebranding Creativity, a conference powered by Crea-Est professional association and supported by strategic partner RSM Romania will take place at Cluj-Napoca.

 Read Full article »
The importance of having a vision and build business agility

In the past year the outsourcing industry became - due to its constant growth as market but also as intrinsic evolution of people and companies - one of the most reliable barometers of fundamental metrics of th

 Read Full article »
Undelucram.ro study reveals the top of companies offering the best salaries in their industry

As expected, the companies operating in IT & C, banks and consultancy provide the best salaries, bonuses and personal development opportunities, show an online ranking conducted by online portal undelucram.ro.

 Read Full article »
E.ON to hire 300 specialists for the Iasi-based Software and Development center

E.ON Software Development (ESD), part of the German group E.ON announced it started an ambitious development plan in Romania that that will triple the number of employees from 100 people to 400 in the next two

 Read Full article »
Microsoft and Oracle to interconnect Microsoft Azure and Oracle Cloud

Microsoft Corp. and Oracle Corp. on Wednesday announced a cloud interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud,

 Read Full article »
TotalSoft 2018 turnover at 19 mln. Euro, Q1 2019 revenue up 16 per cent

TotalSoft, one of Central Europe's leading providers of business software solutions, reported a turnover of 19 million euro in 2018, while its revenues in Q1 2019 were 16 percent up YoY to 5.4 million Euro, t

 Read Full article »
Endava sells its fintech centre in Bucharest to Worldpay

UK-based technology company Endava said this week it is selling its fintech centre in Bucharest, Endava Technology, to payment processing company Worldpay

 Read Full article »
 
 
 
MOST READ ARTICLES
» Meet the winners of ROMANIAN BUSINESS ...
» Evolving from consumers of resources t...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Pepper Escu, the first humanoid robot ...
» Rebranding Creativity 2019, the first ...
» Volvo Cars and Uber present production...
» Preparing for the new future
» Berg Software Romania: Reasons to outs...
» George Rotariu, CEO Bitcoin Romania: B...
» George Didoiu: Meet the moderator of R...
 
EDITOR CHOICE
Digital Transformation Conference to take place on June 19 at Bucharest

The Diplomat – Bucharest organizes Digital Transformation Conference to be held on 14 of June in Bucharest, at Hilton Hotel - Regina Maria Hall, starting 8:30 AM.

 Read Full article »
L&D Conference by The Diplomat Bucharest took place on June 4th at Bucharest

The Diplomat-Bucharest organizes the Third Edition of its Learning & Development CONFERENCE on 4 June, 2019 at InterContinental Hotel Bucharest starting 09:00 am.

 Read Full article »
Meet the winners of ROMANIAN BUSINESS SERVICES AWARDS, 2019 edition

ROMANIAN BUSINESS SERVICES FORUM & AWARDS 2019, in its fifth year, brrought on May 7, in Bucharest, a new concept event with engaging keynote sessions by industry leaders, interactive panel discussions, network

 Read Full article »
Few hours away from to the long awaited CEO Leaders Debate, a premiere of Romanian Business Services Forum and Awards

We are a few hours away to the long awaited CEO Leaders Debate, a premiere of Romanian Business Services Forum and Awards on May 7.

 Read Full article »
Colin C. Lovering: Meet the speakers at Romanian Business Services Forum & Awards 2019, on May 7

Colin C. Lovering has been living and working in Romania since 2009 when he arrived to offer consultancy and advice to organisations looking for growth and profitability and founded Achieve International.

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events