Author: Future Manager Research Center

From the 19th century to the 21st century, the world has transitioned from the industrial age to the information age. Information and knowledge have become the driving force for social development. The protagonists are knowledge workers, and the brainpower is productivity.

Employers and employees around the world work online, it improves overall operating efficiency, helps businesses save costs, and leads to the unemployment of a large number of workers.

An Indian young man can accomplish the same task, as fast, or even faster, but his salary is 1/4 of that of white-collar workers in these developed countries. If you were the boss, what would you choose?

The CEO of GE India said: “Any English-speaking country such as the United States, Britain, and Australia can outsource their work to India, the only limitation is your imagination.” More than half of the Fortune 500 companies outsource software To India.

More and more business owners publish jobs to the world on talent sharing platforms such as Freelancer, upwork, oDesk, Elance, HopWork, and dreamstime, which also means that more and more jobs no longer require full-time employees.

Online, you will find that translation, programming, writing, design, and photography are the more common types of work.

Another change we need to notice is about the people we work with.

By 2020, the workplace is going to be occupied by five generations. Gen Z who were born after 1994 will become one of the most important workforces in the workplace, 20% of the employees are from this young generation.  Companies must understand how to attract and retain this generation of employees.

According to the research about how many companies Gen Z wants to work for in their careers, 46% of respondents expect only one to three companies and the remaining 41% of the respondents expect one to seven companies.

Here are some other interesting numbers from the research about Gen Z’ expectations in the workplace.

43% of the respondents indicated that the first consideration was to do meaningful work, and 33% said they wanted to work for a company that is committed to fulfilling corporate social responsibility (CSR). The overwhelming majority (85%) consider future jobs to be very important to their personal enthusiasms or interests.

31% and 29% of the respondents think work-life balance and compensation are considered important factors respectively that determine the quality of work-life. But when choosing an intensive job which is nine to five and get paid high, or a job with lower salary but with better flexibility and work-life balance, 65% choose the latter.

Regarding the expectations of corporate leaders, 35% of the respondents believe that “authorization and courage” are the most important leadership conditions for the employer. They would love to become the fans of the boss, someone they would admire and give thumbs up on Facebook.

This is no small matter, considering Gen Z represents the most culturally diverse generation yet.

Do you have outsourced jobs, how much do you know about your young colleagues?