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Cat Johnson – Coworking Marketing Maven
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Drew Jones – Design & Innovation
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Jonathan Price – CRE & Flex Expert
Jeremy Fennema – Tech Innovation Alchemist
A recent survey published by Monster.com suggests many employees are bracing themselves for big changes in the workplace over the next 30 years.
One of the most striking findings from the survey is that “62% of workers think wages in comparison to the cost of living will worsen.” This anticipated financial strain reflects current economic worries and will have far-reaching consequences for workers and their families if it persists.
Despite fears about wages worsening, loyalty to employers is predicted to remain strong — with 22% of respondents expecting to stay at one company throughout their career and nearly half anticipating minimal job changes.
The survey also highlights the changing nature of retirement plans. While 18% of employees plan to retire by the age of 60, a significant “28% expect to work past the age of 70.” Notably, 9% said they anticipate retiring at the age of 80 or older.
This shift towards longer careers can be attributed to average lifespans increasing, and ongoing economic worries.
Moreover, the traditional 9-to-5 workday is expected to fade away, with only 12% of workers saying they think the 9-5 corporate work schedule will remain common. 53% of workers expect that flexible work hours will be more common, and 46% think 4-day workweeks will be more widely accepted in the workforce. Unsurprisingly, 58% expect that a hybrid model will be most common.
The survey provides a valuable snapshot of employee expectations and concerns related to what work will look like in the upcoming decades.
