5 Topics for 2024
A lot is shaping our workplaces in 2024 – from potential layoffs in the financial and tech sectors to continued global conflicts. Below are the five topics we're watching:
Fallout from the Supreme Court Decision on College Admissions: The recent Supreme Court decision has ripple effects beyond college campuses, leading companies to reassess their DEI strategies. We're seeing changes to language for DEI-related efforts, such as scholarship and leadership programs, as well as concerns about posting hiring goals. Our advice for organizations is to navigate these changes carefully. If you go too far, it could undermine your efforts to build trust with employees or attract talent for roles.
Locations Matters: Remote work is here to stay, but we're also seeing a trend where more organizations require some office presence. We're closely observing how this shift impacts recruiting talent. We're also watching how organizations work to increase inclusion in virtual environments. Balancing the needs of remote and in-office employees will be key to maintaining an inclusive and attractive workplace.
Adjusting Job Requirements and Expanding Opportunities: The trend towards valuing skills over degrees in job requirements is reshaping hiring practices. This shift, along with the rise in apprenticeships and work-based learning initiatives, is broadening the talent pool and, if marketed effectively, could help organizations enhance workplace diversity. It's also important to note that hiring talent is the first step. Make sure you have a plan to invest in that talent long-term.
Politics, Politics, Politics: This election year, we're closely watching how the presidential race and potential statehouse legislation around DEI and LGBTQ+ rights could affect workplace polarization. We're also watching to see how organizations will navigate these political dynamics. Stay tuned; we'll provide a helpful guide on this topic later this spring.
Commitment to Inclusion Amidst Challenges: Despite challenges like anti-DEI movements or cuts in DEI budgets, there's a strong demand from employees and shareholders for companies to honor their diversity commitments. What's great is seeing many CEOs and organizations affirm their commitments and strengthen their DEI efforts in the face of these challenges.
As we monitor these topics in 2024, we're curious about what’s on your radar. Are you following the expanding role of AI or the growing interest in how childcare can address workforce shortages? In any case, let us know your thoughts.