What are the megatrends driving change to the workplace and what might their impact be? We took a detailed look in 2021 at the drivers of change across the world to the world of work, in a report by James Davies, partner in our UK law firm. James first looked at these questions in 2021, but on this page, conducts a review, to see what’s changed. The report is written from a UK point of view, but is, in many respects, global in character.
Overall, despite significant new challenges emerging, the same eight drivers as applied in 2021 continue to be instrumental in propelling considerable change in the world of work today. The cost of living crisis has emerged as having a critical and significant impact in the world of work. Although this could be characterised as a new driver of change, the cost of living crisis is, more accurately, the coming together of several existing drivers of change: the fragility of the globalised economy; climate change; demand fuelled by the emergence from Covid restrictions; and, at least in the UK, added costs from Brexit. The ramifications of the cost of living crisis on the world of work are considered in depth in “Spotlight on the cost of living crisis” below.
This Report also considers the extent to which the eight drivers continue to come together to shape the how, how much, what, where, who, when, from where and why of work twelve months on. Click on the image below to dive into the 8 drivers.
Spotlight on the cost of living crisis
The ramifications of the cost of living crisis on the world of work are considered here in depth.
What are the megatrends driving change to the workplace and what might their impact be? James Davies, partner in our UK law firm has been looking into these very questions and we chat to him about his insights in this episode.
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James Davies is a founding partner at our UK law firm and Sam Everatt is the Executive Director of Ius Laboris. Contact us to find out more.