« Websites manage your online accounts after you die | Main | Will Tim Hortons' upscale restaurant plans hurt its brand? »

March 08, 2022

Workplace changes to expect this year

2010 will be marked by several changes in the evolving relationship between those who work and those who pay to have work done, says Tamara Erickson, author of Retire Retirement: Career Strategies for the Boomer Generation.

The approaches companies use to respond to difficult business conditions don't only affect the company, they leave a lasting impression on the workers and their teen-age children, who draw conclusions for their career strategy based on their parents' experience.

In her view, prominent workplace trends throughout 2010 include:

Second jobs. More people will maintain two sources of income than ever before. Instead of relying on the onetime holy grail of employment — a salaried job with full benefits — smart workers will create a series of backup options.

A second job or even a small entrepreneurial venture provides a safety net, giving workers a small measure of control over their fate in an increasingly unstable environment.

Less "off hours" work. Making full-time employees take a day a week "off" planted some new questions in the minds of employees who are already going full tilt. 

Just what is a "day?" Eight hours? Twenty percent of the time you normally work each week? Expect to see more push back this year, she says, in part because many individuals will be spending time advancing that second work option.

Heading further off site. Work arrangements will become more varied, reflecting the needs and preferences of people in different generations and stages of life.

This means many individuals will be able to bargain for whatever unique work arrangements they prefer — and companies will need to offer greater choice.

The characteristics of knowledge work are such that having workers physically present in one place and time becomes far less important than it was for production jobs.

Technology enables new ways of working — asynchronous and virtual, Erickson maintains, warning that those who fail to embrace these changes may be in trouble.

Does any of this describe where you work? Are you ready for the changes ahead?

By Gordon Powers, MSN Money



Post a comment


Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...