Work is Changing…for the Worse

And the reason is money…or, rather, a lack thereof.

Not the company’s, mind you; yours.

2017-03-31_11-35-02                                           Many people, young and old, are struggling to make ends meet, and if they’re not scratching and clawing to do that successfully, they’re struggling to set aside enough dough to be sure that they will make it through their later years as seasoned citizens relatively unscathed.

The bottom-line effect is that people have to work longer and harder, which means that work culture for Joe Average is taking a hit.

An article that appears over at CNBC.com outlines six ways you will see work change in the coming years, if you haven’t seen any of the changes already.

At the top of the list are nootropics, or “smart drugs.” These are (principally) supplements designed to enhance cognitive function. The most common form are stimulants, like caffeine. It is expected their use in the workplace will become increasingly common during 2017.

Oh, but there’s more.

You’ve heard of side hustles? If not, those are jobs one does, in addition to their regular work obligation, that help bring in more dough. Side hustles, as opposed to traditional part-time work, are typically characterized by the fact that people do the labor as independent contractors, such as an Uber driver. Side hustles are becoming more common as people fight to get their hands on more money.

The CNBC piece also points out that the burden of having to continually reinvent oneself professionally will become more prevalent. As employment becomes less secure, overall, and technology continues to evolve, workers will have to burn the candle at both ends to ensure ongoing employability.

A decrease in the number of available perks at companies will also be a feature of the workplace, going forward. In addition to serving as a cost-cutting measure, firms are also scaling these back because they’re finding that the basic benefits many have known for so long – 401(k), useful health coverage, etc. – are proving to be enough to keep workers content in that part of their compensation.

A continued blurring of the line separating work time and play time will also be standard. The “work all the time” culture ushered in by technological evolution continues to be enthusiastically embraced by corporate America, and no employee will be spared.

Finally, there will be more crying in the workplace. One can only presume that the increase in the amount of crying is a direct result of the other five ways the workplace is changing.

Great.

The information contained here is for general information purposes only. The Financial Writer blog and Bob Yetman disclaim responsibility for any liability or loss incurred as a consequence of the use or application, either directly or indirectly, of any information presented herein. Nothing contained in this article, or any other article featured at this blog, should be construed as a solicitation or recommendation to engage in any financial transaction. You should seek the advice of a qualified professional before making any changes to your personal financial profile.

Comments are closed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: