Research by Ceridian HCM Holdings shows most company executives plan to hire more people and continue to maintain some remote work. The study also show the gig economy will grow, and AI will play a big part in the recruitment tools of the future.
Ceridian, a global human capital management technology company, released its Future of Work report for 2021. It examines strategies and priorities that shape future work among global executives.
Ceridian found most executives intend to expand the size of their teams because demand for services is higher. Seventy-one percent of respondents say they will hire remote employees within the next two years, and 63 percent are open to hiring outside their country.
Fifty-six percent of respondents agree their workforce will use remote or hybrid work vs. 38 percent that say their workforce will be back in the office.
Of that 56 percent, 27 percent plan to use remote work post-pandemic, and 29 percent plan a hybrid model alternating between a physical location and remote work.
The study also shows 35 percent of companies plan to leverage gig workers over the next 12 months, but the situation changes as they look to five years out; here, the majority of companies – 62 percent – state gig workers substantially will replace full-time employees within five years
The appetite for artificial intelligence (AI) tools for recruiting and talent management is rising, with 42 percent saying they already use these tools and 46 percent planning on using them.
Ceridian’s Future of Work report was conducted by Hanover Research and surveyed 2,000 senior leaders globally at the director level or higher.