Future Of Work Report – Paychex

The Paychex’s 2019 Future of Work report explored the shifting dynamics, technological innovations and worker preferences trends in the workforce to get a better understanding of the future of the workplace.

Some main findings from this report include:

In 2019, millennials and generation X are the two generations that make up the majority of the workforce, followed by baby boomers and Generation Z.
A majority of employees claimed that the cross-generation working environment has a positive impact on their experience at work. Some impacts of the shifts in work generations include the adoption of casual dress code, flexible working hours options and open-concept workspace.
Based on data collected from the survey, employees are now more likely to use both desktop and mobile devices to manage HR tasks compared to five years ago.
31% of employees stated that part of their job that used to be manually done is now completed through AI or machine automation. A majority of employees, across all generations, agreed that some parts of their jobs will be automated or completed by AI in the next five years.
When asked about collaboration and communication, baby boomers reported having the highest percentage of working independently, but the lowest working collaboratively. On the other hand, Generation Z mostly work collaboratively and spend less time work independently.
While almost half of employees are currently working on a set schedule, more than 70% of them would prefer to have a more flexible work plan. more than 40% of them would rather have unlimited paid time off without having to differentiate between sick leave and vacation time.
More than half of employees are more comfortable with working from come compared to working at the office. Some of them are also open to option to work at a remote office.
In general, employees would choose to be paid every two weeks, but some of them would rather payment come through every week or every month.

Full report here.