The Future of Work. Around the World.

Sage HR
Sage HRCo-founder at CakeHR à Sage HR
The Future of Work 
Around the World 
An Oxford Economics survey sponsored by SAP takes a forward look at what employees and 
executives around the world think about topics such as workforce development, the role of 
millennials, organizational leadership, and the skills gap. Here’s some of what we learned. 
We surveyed 
2,700 employees 
and 
2,700 executives 
in 
27 countries 
Top trends impacting workforce strategy 
1 
2 
3 
Challenges to building a workforce that 
meets future business needs 
A low level of employee longevity and loyalty 
Limited access to adequate technology 
Lack of qualified leadership 
1 
2 
3 
The Millennial Workforce 
What’s important to you? Millennials Nonmillennials 
Making a positive 
difference in the world 20% 20% 
C ompensation 68% 64% 
Work-life balance 29% 31% 
M eaningful work 14% 18% 
Achievement of income goals 32% 30% 
??? 
Only 
34% 
of executives agree that 
their leaders are prepared 
to lead a diverse workforce. 
Only 
44% 
The most cited areas of employee professional development and learning 
1 2 3 
Growth 131% 
Employee concerns 
about their jobs 
21% 
49% 
of employees say that 
leadership at their companies 
is equipped to lead their 
organizations to success. 
Growth 91% 
Only 30% of executives say their companies 
give special attention to the 
particular wants and needs of 
millennials. 
What employees want: 
What employers offer: 
of executives agree that their 
expansion plans for growth 
markets are limited unless the 
right leadership is in place. 
15% 16% 
29% Growth 27% 69% Growth 63% 
24% 
38% 
27 
83% 
How is your company preparing its workforce for the future? 
To learn more details about this study, please visit us at http://sfsf.ly/Workforce2020. 
Studio SAP | 31775enUS (14/08) ©2014 SAP SE or an SAP affiliate company. All rights reserved. 
of executives say they 
will be increasing the 
use of contingent, 
intermittent, or 
consultant employees. 
34% of executives feel 
that they’ve made 
progress in building 
a workforce that 
can meet future 
business goals. 
Millennials entering the workforce 
Globalization of labor supply 
Difficulty recruiting employees 
with base-level skills 
Position changing or 
becoming obsolete 
Not enough 
opportunities for 
advancement 
Inadequate staffing 
levels 
Ways to increase employee loyalty and engagement 
Higher compensation 
More comprehensive 
benefits 
Career opportunities 
Bonuses 
Training 
Benefits for families 
The New Face of Work 
What Matters Most at Work 
The Leadership Cliff 
Bridging the Skills Gap: The Learning Mandate 
Managerial relationships Informal mentoring Self-directed learning 
Skills needed today and in the future 
Analytics Cloud Mobile Social Media 
Today In 3 years 
42%

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The Future of Work. Around the World.

  • 1. The Future of Work Around the World An Oxford Economics survey sponsored by SAP takes a forward look at what employees and executives around the world think about topics such as workforce development, the role of millennials, organizational leadership, and the skills gap. Here’s some of what we learned. We surveyed 2,700 employees and 2,700 executives in 27 countries Top trends impacting workforce strategy 1 2 3 Challenges to building a workforce that meets future business needs A low level of employee longevity and loyalty Limited access to adequate technology Lack of qualified leadership 1 2 3 The Millennial Workforce What’s important to you? Millennials Nonmillennials Making a positive difference in the world 20% 20% C ompensation 68% 64% Work-life balance 29% 31% M eaningful work 14% 18% Achievement of income goals 32% 30% ??? Only 34% of executives agree that their leaders are prepared to lead a diverse workforce. Only 44% The most cited areas of employee professional development and learning 1 2 3 Growth 131% Employee concerns about their jobs 21% 49% of employees say that leadership at their companies is equipped to lead their organizations to success. Growth 91% Only 30% of executives say their companies give special attention to the particular wants and needs of millennials. What employees want: What employers offer: of executives agree that their expansion plans for growth markets are limited unless the right leadership is in place. 15% 16% 29% Growth 27% 69% Growth 63% 24% 38% 27 83% How is your company preparing its workforce for the future? To learn more details about this study, please visit us at http://sfsf.ly/Workforce2020. Studio SAP | 31775enUS (14/08) ©2014 SAP SE or an SAP affiliate company. All rights reserved. of executives say they will be increasing the use of contingent, intermittent, or consultant employees. 34% of executives feel that they’ve made progress in building a workforce that can meet future business goals. Millennials entering the workforce Globalization of labor supply Difficulty recruiting employees with base-level skills Position changing or becoming obsolete Not enough opportunities for advancement Inadequate staffing levels Ways to increase employee loyalty and engagement Higher compensation More comprehensive benefits Career opportunities Bonuses Training Benefits for families The New Face of Work What Matters Most at Work The Leadership Cliff Bridging the Skills Gap: The Learning Mandate Managerial relationships Informal mentoring Self-directed learning Skills needed today and in the future Analytics Cloud Mobile Social Media Today In 3 years 42%