The growth in automation is set to have a positive net effect on the number of jobs available, shows the latest edition of Randstad’s Flexibility@Work report. The introduction of new technology will increase total employment numbers by around 0.5% annually, allaying popular fears that automation will replace workers.
However, nearly half of the types of jobs available will change, with traditional employment structures being supplemented by more flexible and adaptable models, with more diversity in compensation and working time arrangements as well as in types of contracts. This will help people who cannot fit into traditional working patterns to enter the workforce and provide them with decent and sustainable work.
“As the Flexibility@Work 2019 paper shows, there will be no shortage of jobs in the future of work, but work will change fundamentally,” said Randstad CEO, Jacques van den Broek. “While embracing the future, we also need to brace for change. Shaping a future of work that is more inclusive and rewarding for all calls for a systemic transition agenda promoting social innovation through an approach that includes all stakeholders, aiming interventions at those who need them most.”
Three new work types are set to emerge: frontier work, last-mile work and wealth work. Frontier work concerns jobs in new technological fields, last-mile work concerns jobs that cannot yet be automated and wealth work concerns jobs created thanks to increased productivity. Many of these new roles will require new types of skills and training, with soft social skills becoming increasingly important. A comprehensive program of social innovation with a holistic approach on reforming the world of work, education and social security is needed to make people resilient for the future of work.
Jacques van den Broek will be discussing these trends and how employers, educators and society can manage them at the OECD Forum in Paris, 20th - 21st May. He will also be a member on the Economic Outlook panel on 21st May 2019, which will be moderated by the OECD Secretary-General Angel Gurría. The other panel members are José María Álvarez-Pallete, CEO of Telefónica, Nadia Calviño, Minister of Economy and Business from Spain, Paulo Guedes, Minister of the Economy of Brazil and Richard Trumka, President of the American Federation of Industrial Organizations.
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com