5 Workplace Trends That Will Impact Your Business in 2017

Be on the lookout for these changes to company culture expectations and the make-up of the workforce.

learn more about Tom Gimbel

By Tom Gimbel • Mar 3, 2017 Originally published Mar 3, 2017

Shutterstock

Opinions expressed by Entrepreneur contributors are their own.

One reason I love running a staffing and recruiting company is learning the nuances of the organizations we serve -- their needs, their cultures, their staff. As research for my company's annual white paper found, workplaces in 2017 are far from stagnant; they're adapting to trends daily. I believe these five trends will have the biggest effects in 2017:

More focus on culture

Expect companies to prioritize culture in 2017 to address their engagement and turnover issues -- and to become a place people love to work. That means listening to staff to learn what keeps them engaged and motivated, and building culture around that. There's no right or wrong way to do it; it's building on the people and traits that make the organization unique.

For many companies, that means certain "perks" (the foosball tables and kegs are fun, but they're not culture) get scaled back in favor of an increased 401k match, a director of training on staff and opportunities for career growth. These investments in staff create an environment where people want to work -- where people feel valued, not like a means to an end. You can't fake the type of synergy that comes from that.

More companies ditch the annual performance review

More companies are buying into the idea that it's hard and often unfair to evaluate a year of work in one sitting. It's almost impossible to remember everything and give an accurate assessment. Companies like GE and Accenture have already ditched annual reviews for new evaluation models. We're going to see more constant communication, and on-the-spot coaching between employees and managers in 2017.

Improvements to the employee experience to boost employment brand

A recent study found that 83 percent of HR professionals think the employee experience is crucial to their organization's success. The result is now a lot of companies are listening closer to what their employees want. They're creating wellness programs, better benefits and investing in talent development. They're showing commitment to employees by growing their skill sets and setting them up for career growth.

Generation Z joins the work world

2017 is going to be the first full calendar year where gen Z (born after 1998) are in the workforce. With studies showing that 36 percent of working millennials are in managerial positions and that the majority of millennials think generation Z is lazy, watching these two groups interact is going to be a case study in collaboration. Both generations are the foundation of the future. How they come together to solve problems will be a big focus in 2017.

More tasks will be automated

According to a recent McKinsey study, most jobs have certain activities that could be automated, which would allow more time for high-level tasks. Financial workers, for example, spend 43 percent of their workday on tasks that could be automated. If these workers could automate non-client facing tasks such as routine spreadsheet analytics, they could not only spend more time engaging clients, but also increase the number of clients they serve -- resulting in higher productivity for the employee, and more profit for the company.

Tom Gimbel

Founder and CEO of LaSalle Network

Tom Gimbel is the founder and CEO of LaSalle Network, a staffing, recruiting and culture company headquartered in Chicago. LaSalle was named to Entrepreneur Magazine’s "Top Company Cultures” list in 2015 and 2017, and Glassdoor’s 2016 list of “Best Places to Work.” 

Related Topics

Editor's Pick

Have More Responsibilities at Work, But No Pay Bump? Use This Script to Get the Raise You Deserve.
Black and Asian Founders Face Opposition at All Levels — Here's Why That Has to Change
Career

60 Second Business Tips: 3 Ways to Boost Confidence

Business development consultant Terry Rice on silencing self-doubt.

Business News

Massive Fire At Top Egg Farm Leaves Estimated 100,000 Hens Dead. What Does This Mean For Egg Prices?

Hillandale Farms in Bozrah, Connecticut went up in flames on Saturday in an incident that is still under investigation.

Thought Leaders

6 Ways to Celebrate Black History Month and Be a Better Ally in the Workforce Beyond February

An authentic celebration of Black heritage throughout the year can help companies foster understanding and empathy among coworkers from different backgrounds. Such a celebration also allows employees to learn more about their colleagues' experiences, which promotes a deeper sense of community and understanding. How to be a Better Ally in the Workplace During Black History Month — and Beyond.

Devices

Never Worry About a Low Battery with This Wireless Charger, Now $80 Off

Save 66% on this wireless iPhone charger that quickly powers up your phone.