The Workforce of 2040: Are You Ready for What’s Coming?

The Workforce of 2040: Are You Ready for What’s Coming?

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This is my son. He’s four. He’s also your challenge—because he and his peers are your future workforce.

👉 Reflect today: Are you prepared to evolve your workforce to keep up with rapid changes in technology and the job market?

Here’s the reality:
1️⃣ The Future is Closer Than You Think
Kids starting school today will graduate in 2040. By 2030—when they’re only halfway through—85% of the jobs they’ll work in haven’t been invented yet.

Pro Tip: Organizations need to focus on adaptability, agility, and continuous training to keep pace with this unprecedented rate of change.

2️⃣ Retention is More Cost-Effective Than Replacement
Hiring is expensive. Training is expensive. But do you know what’s even more costly? Losing your people. It costs roughly 150% of a person’s salary to replace them—and that’s just the hiring and onboarding phase.

Pro Tip: Invest in keeping your team engaged, developing their skills, and creating a workplace where they want to stay.

3️⃣ When They Leave, Knowledge Leaves Too
Every time an employee walks out the door, they take their expertise, insights, and know-how with them. Building systems to retain knowledge within your organization is essential.

Actionable Insight: Focus on knowledge management strategies to preserve and share critical information.

👉Join Legends Lab: www.sarahcordiner.com/legends

FutureWorkforce #RetentionStrategies #AdaptToChange #LegendsLab #SarahCordiner

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