The labor market will continue to change in 2018, as technologies like artificial intelligence (AI) affect many industries, and mobile tech impacts the way people try to find a new job.
Last year was a good year for many tech professionals. Those with valuable skills in data science and software development saw a significant rise in pay and benefits. Concurrently, average wages for some tech workers remained flat.
That being said, tech is spreading into countless other sectors, and that means more tech job opportunities. Furthermore, tech hiring is spreading outside of major hubs like Silicon Valley and Seattle.
If you are going to be a responsible tech-based company, you need to keep an eye on the future, and that means coming to grips with trends that are expected to shape the future of IT work.
The impact of AI
Machine learning and automation will influence almost every aspect of the tech workforce in some manner. However, industries like human resources and finance are more prone to see big shifts in 2018. New AI tools are supplementing the abilities of human employees in these areas, and shifting aspects of well-established roles that are simple to automate.
With automation handling many mundane, repetitive tasks – organizations will become more complicated, which means jobs will become more complex.
At the business level, complexity increases with the amount of relevant regulatory requirements and increasing demands from customers for unique specifications. Companies that can streamline structures, operations and cultures will thrive as complexity increases.
Individuals will increasingly have to master growing complexity and balance competing demands. Researchers have found stressors associated with added complexity, such as long hours or work-family conflict, affect overall health and wellness for staff members.
Tech takeover of traditional jobs
Innovation will drive job creation in 2018 and beyond for both traditional tech areas and non-tech industries. Many jobs like restaurant servers and customer service professionals cannot be automated easily in the near future. However, automation is coming for mundane, repetitive jobs guided by strict rules. While these jobs will be lost, the switch to automation will mean the addition of tech jobs to set up and maintain automated systems.
Demographic shifts, including the aging population of baby boomers, will also affect the adoption of automation and invasion of tech into non-traditional spaces.
Changes to the standard hiring process
Once a secondary option, mobile devices are now the primary way most people connect to the internet. For employers, that means placing a priority on making job application systems mobile-friendly, from mobile-friendly webpages to apps used specifically to apply for jobs.
Furthermore, technology is expected to increase transparency in the hiring process. Many companies have application tracking systems (ATS) that can easily be used to keep applicants in the loop more than ever before.
At Footbridge IT, we keep our finger on the pulse of the labor market and emerging tech trends to better serve our clients. Please contact us today to find out how we can support your organization.