In the wake of the COVID-19 pandemic, the financial landscape has undergone significant changes, and so have the expectations of the workforce. In this article we explore the trendy workplace perks that are becoming essential in modern employment.
How and when we work is continuously evolving and reveal that the traditional Monday to Friday in the office from 9-5pm is likely a thing of the past. If that that is the case businesses will need to be agile and adaptable to allow for seamless evolution to ensure productivity and the ability to retain and incentivise staff remain achievable goals. To do so, we’ll need to question how we view work. In this article, we will examine various flexible work arrangements and broadly evaluate their feasibility and discuss ways for business to best prepare for the future.
As we saw in the introduction to the Future of Work article, as technology continues to evolve, so will the workplace. In particular, artificial intelligence (“AI”) and automation will likely continue to play a key role in the workplace and can, if used appropriately, increase efficiency and accuracy and save costs. Almost certainly, AI, automation and technological advances will make certain tasks and roles obsolete, in particular in industries where the tasks are repetitive and mundane.
The Australian workplace has been going through a significant transformation in recent years, driven by various factors including technological advances and the normalisation of flexible working conditions as a result of the COVID-19 pandemic. As technology continues to evolve and the nature of the workplace becomes more automated and diffuse, businesses will be required to adapt to the new changes in order to stay competitive and ensure their workforce is engaged and meets the businesses’ evolving needs.
The passing of the Secure Jobs, Better Pay legislation constitutes the biggest shake-up to Australia’s national industrial relations framework in over a decade. This alert provides a summary of the key amendments to Australia’s workplace laws, in addition to practical guidance on steps that employers need to take to ensure they are compliant with the Act.