With the latest research showing that young people expect to switch career at least twice or set up their own business what does that mean for HR and the future of work?
As AI and automation are expected to affect many future careers it is no surprise that young people feel that they may be de-skilled and less satisfied over time and therefore be forced seek out alternatives. That coupled with wanting to try something different, means those with an entrepreneurial mind may want to start their own business.
So what can HR do to engage and retain this talent ? Innovation in terms of keeping young people interested through different ways of working, being less process driven and more flexible allowing them to have experiences both inside and outside the organisation. Ultimately supporting their ambitions and giving them transferable skills that will enable them to flourish in the future will be key.
One in five (23%) young people expect to change careers twice during their working lifetime, according to research from the Association of Accounting Technicians (AAT). Its survey, of 1,001 16- to 24-year-olds in the UK, found that more than one in 10 (14%) expect to change careers three times and 16% expect to change careers once. Just 16% said they expected to not change career at all during their working life.