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Global HR Practices

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The Multiplier State of Work Report | Predictions for HR Leaders in 2024

Global employment is an exciting place to be these days, an ever-evolving and expanding space where technology drives innovation and opportunity. As HR leaders, it’s our job to be informed and prepared for changes that could impact our customers.

State of Work | What HR Leaders Should Prepare For In 2024 is your crystal ball of global employment, offering critical predictions and insights into what lies ahead in 2024 and beyond. The employment landscape is set for significant change, so it pays to stay ahead of the curve and understand what awaits you down the road.

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What you’ll learn

Replacing silos with agile and effective solutions

Discover why more businesses are deconstructing workplace silos in favor of modern HR and workforce management solutions as we highlight the ways it benefits engagement, productivity, and communication. 

Skills will shape the working world (not degrees)

We’re in a global talent crunch, potentially costing trillions of dollars by 2030. Today’s organizations are shifting away from degrees, realizing the true value of a skills-first approach to recruitment.

Continuing the shift toward work-life integration

We’ve all heard of work-life balance; it’s a great buzzword. Work-life integration, however, goes a step further, promoting a healthy and harmonious relationship between work and life. It’s all about ensuring an employee’s career doesn’t infringe on their personal life, leading to burnout and stress. HR leaders take note.  

Smarter hiring and team management with AI

Artificial intelligence is the big, scary robot that’ll spell the end for us all… oh wait, that’s the Terminator. 

Depending on who you ask, opinions about AI are a mixed bag. However, as more businesses realize its potential for enabling growth and innovation, it’s tough to envisage a future where AI doesn’t play a vital role in boosting productivity.

Solving the productivity puzzle

Since the pandemic, productivity hasn’t exactly been consistent. Businesses are struggling to solve this puzzle and better understand the areas of their business where productivity dwindles. Learn how more businesses can use AI and data-led strategies to boost output and innovation.   

The rise of internal mobility

Skill gaps are forming in every industry. They hinder innovation and productivity while leading to mounting losses due to unrealized revenue. Put simply, companies can’t find skilled workers to suit their needs and ambitions. Discover why more businesses are opting to upskill and reskill their workers rather than enter the rat race to replace them.

Employee health & well-being is still a top priority

You shouldn’t be surprised to see this trend on our list; it’s still a top priority and with good reason. Employee well-being programs influence productivity, engagement, and retention — not to mention their immense value for preventing burnout and stress. In our report, we dive into the current state of well-being and what we can expect for the future.

The evolution of the gig economy

The gig economy has experienced tremendous growth in recent years, providing a viable solution for workers seeking freedom, flexibility, and more control over their careers. Its rise catered to the aspirations of workers, but also emerged as a lifeline for employers needing agile, on-demand talent. Find out why this transformative trend influences how we work and the opportunities it presents for employees and employers alike.

Recognition to reinforce diversity, equity, and inclusion

Diversity, equity, and inclusion (DEI) should never be reduced to a mere box-ticking or one-size-fits-all initiative. It goes beyond that. It’s about creating a culture of belonging that embraces every individual’s unique perspectives and experiences. It empowers employees to bring their authentic selves to work, fostering creativity, innovation, and collaboration. Ultimately, DEI helps organizations thrive, positively impacting employees, customers, and the broader community.

“Return to office”

In 2024, many companies will return to physical workspaces. The decision to embrace office-based work stems from various factors, such as fostering collaboration, enhancing company culture, and providing better work-life balance for employees. As we enter this new era, hybrid work is set to play a pivotal role, allowing organizations to combine the benefits of remote and in-person work arrangements.

Download the full report today!

At Multiplier, we’re obsessed with global employment and strive to provide the best tools and insights to expand across borders. While it takes time to understand the world of work and produce a report like this, we’re not greedy. We’re happy to share our findings to ensure mutual growth and global success for everyone—so look out for more reports in the near future.

Download the full report, “State of Work | What HR Leaders Should Prepare For In 2024,” for instant access to a wealth of insights, data, and predictions for the future.

Want to learn how Multiplier can help you improve productivity, engagement, and talent acquisition? Talk to our experts.

Janki Sethi
Janki Sethi

Manager - Human Resource

Employ the best person for job, regardless of location

Employ the best person for job, regardless of location

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