Top 5 ways the workforce will change in the next 5 years

workforce

What will the workforce look like in 2019?

Human-resources experts predict significant changes within the workforce over the next five years. They predict a sizable shift as millennials take their seats at businesses large and small, and Baby Boomers simultaneously either retire or modify their work styles to reflect increasingly flexible and mobile opportunities.

 

 

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The science of viral content: Why people share?

going viral

Campaigns that succeed are those that carefully consider what makes content go viral. Does your marketing to-do-list include creating the next viral hit? If you’re in the marketing or social media industry, the answer is probably “Yes!” (and if you’re not, and the answer is probably still “Yes!”).

 

 

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Millennials are the consumers who will change the marketing landscape

marketing millennials

To sell to Millennials, you have to understand them.

The Millennial generation is the newest target audience for many brands. Their purchasing power is increasing and the Millennials will continue to drive consumer demand. Brands will need to reevaluate this generation and develop strategies for engaging them.

 

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Pew Research – Lifestyles of the Young and Restless

millennials

Millennials are detached from institutions, networked with friends.

The Millennial generation, now ranging in age from 18 to 33, is forging a distinctive path into adulthood. They are relatively unattached to organized politics and religion, linked by social media, burdened by debt, distrustful of people, in no rush to marry— and optimistic about the future.

 

 

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Millennials see financial institutions as irrelevant

monopoly-bank

Millennials are looking for ways to live bank-free in the future.

Scratch polled 10,000 millennials to find out which industry was most prime for disruption. The results from the poll found that banks make up four of their top 10 most hated brands, but millennials increasingly viewed these financial institutions as irrelevant.

 

 

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The ever-changing face of the workplace: Infographic

changing workplace

Employers are adapting to the changing structure of the work environments

Today’s workplace is nothing like professional environments of the past, in part due to recent technology advances, and partly a result of the influence of the growing number of Millennials in the workforce . To meet these changes, employers are adapting not only their hiring practices but also the structure of the work environments.

 

 

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Top 10 ways millennials are creating the future of work

Millennials will turn work into a game instead of a chore.

Over the next 10 years, millennials are going to make major shifts in corporations and most people aren’t ready for the amount of change that’s coming. Millennials will account for 75% of the global workforce by 2025 and by next year, they will account for 36% of the American workforce. At some companies like Accenture and Ernst & Young, they already account for over two thirds of the entire employee base.

 

 

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Millennials are cheap – a graph that explains the teenage budget

Piper Jaffray got this when he last surveyed teenagers to learn how they spend money.

Nobody ever said it was easy being a teenager but, this make it look fun. Clothes (including shoes), electronics, movies, music, video games, concerts, accessories, food: That is the life. And together, it makes up about 70 percent of the teen budget.

 

 

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Millennials optimistic about career prospects

We came of age as deregulated financial institutions stumbled and took housing, bank accounts, and jobs with them. The bailout helped those industries bounce back, but what about a generation’s collective sense of security and purpose? Young people aren’t totally turned off by work despite today’s economy. They are excited about getting fulfillment from their careers, especially if they can help others.

 

 

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