New ManpowerGroup research reveals promising
job growth, rapid AI integration, and strategies for success in the
evolving workplace
MILWAUKEE, June 12,
2024 /PRNewswire/ -- More than half (55%) of
employers expect to increase headcount due to artificial
intelligence (AI) and machine learning over the next two years,
with less than a quarter (24%) believing there will be no impact
and just 18% anticipating reducing headcounts. The findings in
ManpowerGroup's new report, "Building a People-First Strategy for
AI-Powered Workforce Productivity," also reveal that nearly half
(48%) of companies have already adopted AI, including generative
conversational AI, marking an increase of 13% from the previous
year.
"AI advances hold great promise to boost productivity, offer
more meaningful work, and enhance human interactions," said
Jonas Prising, ManpowerGroup
Chairman & CEO. "To ensure this promise benefits the many, not
the few, we must address skills gaps that currently exist and
support people to develop in their careers and transition to new
roles. Now is the time to prioritize upskilling, reskilling, and
job redesign to build a brighter future of work."
KEY FINDINGS
- Hiring Expected to Grow: More than half (55%) of
employers expect to increase headcount due to AI and machine
learning over the next two years, while less than one in four (24%)
believe there will be no impact. Just 18% anticipate the technology
will lead to staffing decreases.
- Adoption Accelerates: Nearly half (48%) of companies
have already adopted AI, including generative conversational AI, a
13% increase compared to responses one year ago (35%).
- Optimism Varies by Seniority: Employers reveal that AI
optimism varies by seniority, with senior leaders (69%) being the
most optimistic and factory floor and frontline workers (57%) being
the least optimistic.
- Positive Impact Foreseen: When asked to predict the
future impact of AI and machine learning at their organization,
more than seven in ten (72%) anticipate AI will enhance overall
business performance, with 70% expecting it to facilitate
upskilling, reskilling, as well as employee training.
- Top Adoption Challenges: Respondents cited high costs
(33%), concerns about privacy and regulations (31%), and lack of
employees with AI skills (31%) as among the top challenges in AI
adoption.
KEY OPPORTUNITIES TO LEVERAGE AI
- Upskill and Reskill Workforce: Organizations should
scale their upskilling and reskilling initiatives to ensure
employees have the necessary skills to work alongside AI-based
technologies.
- Redesign Jobs Based on Human Talent: Job redesign
efforts should be based on the human talent organizations already
have, leveraging AI to augment and enhance human capabilities.
- Remove Barriers: To overcome challenges such as high
costs, privacy concerns, and lack of AI skills, organizations
should choose appropriate implementations, establish AI governance
policies, and invest in workforce development.
- Foster Optimism Across All Levels: Leaders must engage
employees at all levels, from senior leadership to frontline
workers, to foster optimism and buy-in for AI-based
technologies.
- Ensure Ethical Practices: Establish an AI council to
discuss how the tech will be used and to develop an evolving policy
aligned with regulations.
The data draws on ManpowerGroup's 2024 Q3 Employment Outlook
Survey of more than 40,000 employers in 42 countries.
Download "Building a People-First Strategy for AI-Powered
Workforce Productivity" to access additional statistics and explore
recommendations on how to implement AI for your organization.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the
leading global workforce solutions company, helps organizations
transform in a fast-changing world of work by sourcing, assessing,
developing, and managing the talent that enables them to win. We
develop innovative solutions for hundreds of thousands of
organizations every year, providing them with skilled talent while
finding meaningful, sustainable employment for millions of people
across a wide range of industries and skills. Our expert family of
brands – Manpower, Experis, and Talent Solutions – creates
substantially more value for candidates and clients across more
than 70 countries and territories and has done so for more than 75
years. We are recognized consistently for our diversity – as a best
place to work for Women, Inclusion, Equality, and Disability, and
in 2024 ManpowerGroup was named one of the World's Most Ethical
Companies for the 15th time – all confirming our position as the
brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us
on LinkedIn, X (formerly Twitter), Facebook, and
Instagram.
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SOURCE ManpowerGroup
