2024 Predictions
Thanks to those who joined us to chat live on this. View the conversation here!
We used to talk strategy for the *year*. Now it’s more like the quarter (or the month). I don’t anticipate this reversing—timelines will keep on getting faster as we go.
So, with that in mind, what can we expect to see in the world of hiring this year?
Technology - How will our tools evolve this year?
Do I think we will see AI eat a bunch of jobs this year? No. But we will see integration and jobs that are AI Enabled vs. Replaced. Overall, that means that jobs will likely be stable~ish but wages will begin to flatten.
Culture - What will ‘normal’ look like this year?
2024 promises more transactional work. Profitable companies are right sizing and employees are moving on from jobs at a quick pace. Might be a gig, might be a task, could be a smart contract. Flexibility is key.
With Gen Z outnumbering Boomers, expect increased expectations of transparency and group action. See: Tech workers recording their layoffs.
Compliance - What laws and policies are we watching this year?
Pro-worker and pro-transparency rulings will continue through the election. The FTC non-compete decision will land in April (they are likely to remove them entirely or narrow their use) and court decisions have been trending pro-union and pro-worker. 2024 will also see more demands for transparency around compensation and use of AI in hiring.
Keeping - What’s staying the same?
Humans still buy from and work with other humans. A huge component of most businesses is relationship based, and I don’t see this changing! Many things that are automatable haven’t been automated. Just because a computer can do something doesn’t mean that’s the most effective way. We’re human and we can adapt!
Remember: These are overall trends—there will always be exceptions!