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Writer's pictureChristopher Graham

"2024: Anticipating the Key Business Priorities"



According to the latest Mercer survey.

• 73% or executives worry their employees can’t adapt to a new world of work.

• 2 in 5 executives expect generative AI to solve productivity issues with many predicating gains of 21%

• 40% of employees are exhausted and spend 1/3 of their time on repetitive tasks.

• 1 in 3 HR leaders aren’t sure AI can deliver productivity gains.

In their latest talent trend report, there are some interesting points being made. Many of which have been looked at increasingly in the last 3 years.

How business leaders incorporate these into their strategies will impact on their ability to continue to grow and attract / retain talent.

Many of the new technologies are exactly that, NEW, so what will your business leaders do to ensure you are getting the right training to enable you to perform your role more effectively?

What are they doing to understand the new technology and grasp how to best implement it in order to ensure in adds value to the bottom line as much as the employees in the business?

Learning is an ongoing process, being able to adapt and change should be encouraged as well as supported.

Trying to hire experts in new technology isn’t always a cost effective or viable solution and should be tempered with experience to ensure the right benefits are there.

Total wellbeing, burnout, flexibility, financial wellness are all linked…

Giving a mental health day per year won’t fix this issue.

Business leaders need to look at the root cause of some of these issues and be willing to tackle them over time. Putting a band aid on a broken leg never was effective.

Change takes time, education, support, and goodwill towards your employees.

Leaders that take the right approach will find that there is less attrition, more productivity, and a better, happier workforce. This in turn will improve the company reputation in the market.

Better to be a place people want to work in and a leader they want to work for than constantly being in a perpetual hiring cycle.

Although, with that said, it is good news for recruiters if you are!

The Mercer 2024 Global Talent Trends report focuses on redefining people strategies to enhance productivity and sustainability amidst a changing risk landscape.

It includes insights from over 12,200 professionals, including C-Suite executives, HR leaders, and employees across various geographies and industries.

Key topics include artificial intelligence, employee experience, equity, financial wellness, flexible working, skills development, sustainability, total well-being, and work design.

The report emphasizes the importance of sustainable and agile people practices for long-term organizational and workforce success.

For more detailed insights, you can access the full report on Mercer's website: [Mercer 2024 Global Talent Trends](https://www.mercer.com/insights/people-strategy/future-of-work/global-talent-trends/).

Some of the key areas highlighted below.



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