2. Burnout is affecting millennials more than ever
With supervisors above and supervisees below frequently switching places, middle management is known to be a challenging position. It can be difficult and alienating; according to a Columbia University study from 2015, 18% of middle managers reported having depressive symptoms, compared to 12% of blue-collar workers and 11% of owners and executives. Middle managers are finding it tougher than senior executives to preserve workplace relationships, according to research conducted during the epidemic, and only half of them feel they can rely on their coworkers.
Millennial middle managers are especially likely to be feeling the pinch. According to a MetLife study, millennial managers are much more likely to report burnout than managers from any other generation. That's partly due to growing up in a society that values excessive effort, as well as being a generation burdened with parental and child care duties. It's also understandable that millennial middle managers are worn out, demoralized, and stressed as the pandemic approaches the one-year milestone.
The covid pandemic increased sources of work-related stress of many types, and middle managers in their twenties experienced some of the harshest effects. The switch to remote work made the most fundamental component of their job—managing staff on a day-to-day basis—much more challenging. At the same time, obligations for the mental and emotional health of workers increased, and many middle managers discovered that they were battling to prevent their direct reports from becoming burnt out.
3. Leveraging people analytics to solve business challenges
One of the most in-demand talents for HR professionals is people analytics. A variety of use cases where HR leaders are using data to solve business problems are highlighted in a Future Workplace's course, including identifying high potential employees, comprehending benefit selections, and offering advice on how to personalize learning solutions.
Using data to examine the attrition of a varied employee population and comprehend why some individuals are leaving the organization at a higher rate than others. The right questions can be answered by using data analytics, such as who is in charge of the high potential and promotion process, what qualifications must be met, and whether there is evidence of unconscious bias in the selection procedure. Employing people analytics to DEI enables businesses to comprehend many underlying reasons, form a hypothesis, pinpoint actions supported by facts, and use data storytelling to suggest solutions to the business problem.
4. Understanding the younger workers
With firms managing a workforce made up of traditionalists, baby boomers, Generation X, and millennials—who currently make up more than 50% of the global workforce—it's an exciting moment to work in the human resources field. Generation Z is joining the workforce as well.
Younger workers shake up the old workplace with their ideals and career aspirations, causing fundamental change, as the number of young workers increases. In order to balance their lifestyles, Millennials and Gen-Zers seek for remote employment options as well as flexible work schedules. These generations have learnt to value collaboration, teamwork, and doing good deeds highly because they were raised on gold stars and trophies.