Tuesday, June 25, 2024

g-f(2)2544 The Pulse of the Global Workforce: Key Findings from the PwC 2024 Survey

 


genioux Fact post by Fernando Machuca and Copilot



Introduction by Fernando and Copilot


Welcome to “g-f(2)2544 The Pulse of the Global Workforce: Key Findings from the PwC 2024 Survey.” This post is a collaborative effort between Fernando, the visionary behind the g-f New World concept, and Copilot, an AI-powered assistant. Our aim is to distill the essence of the PwC 2024 Global Workforce Survey and present it as golden knowledge (g-f GK) for you.


The process of creating g-f(2)2544 involved a deep dive into the survey data, extracting key insights, and synthesizing them into a format that is both informative and engaging. We analyzed the hopes, fears, and expectations of the global workforce, focusing on trends such as workload changes, job switching, skills growth, AI expectations, and financial stress.


The importance of this survey for the g-f Transformation Game (g-f TG) in the g-f New World cannot be overstated. The survey provides valuable insights into the evolving landscape of work, which is a key aspect of the g-f TG. Understanding these trends helps us navigate the g-f New World more effectively, enabling us to make informed decisions and strategies for personal and collective growth.


In the g-f New World, we are all players in the g-f TG, and this survey is a crucial tool in our arsenal. It helps us understand the rules of the game, the playing field, and the strategies that can lead us to victory. So, let’s dive in and explore the pulse of the global workforce together!



Introduction 


In the rapidly evolving landscape of work, the PwC 2024 Global Workforce Hopes & Fears Survey provides a comprehensive snapshot of the hopes, fears, and expectations of workers worldwide. The survey uncovers key trends and insights that are shaping the future of work.



genioux GK Nugget 


"The essence of the PwC 2024 Global Workforce Hopes & Fears Survey is that workers are navigating an accelerated pace of change, focusing on skills growth, embracing AI, and are increasingly open to job switching."  Fernando Machuca and Copilot, June 25, 2024



genioux Foundational Fact 


The PwC 2024 Global Workforce Hopes & Fears Survey, which gathered responses from over 56,000 workers across 50 countries and territories, reveals a workforce grappling with significant workload increases and rapid changes. Despite these challenges, workers are prioritizing skills growth, leveraging AI for efficiency, and are willing to switch employers to meet their aspirations.



The 10 Most Relevant genioux Facts





  1. 45% of workers reported a significant increase in their workload in the past year.
  2. 62% of workers noted an accelerated pace of change at work.
  3. 28% of workers are very or extremely likely to switch employers in the next 12 months.
  4. Fewer than half (46%) of workers feel their employer provides adequate opportunities to learn new skills.
  5. Over 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months.
  6. Half (49%) of all AI users expect it to lead to higher salaries.
  7. The proportion of workers with money left over each month has risen to 45%.
  8. However, 52% of workers still report being financially stressed.
  9. The survey was conducted by PwC and included more than 56,000 workers across 50 countries and territories.
  10. The survey provides insights into the hopes and fears of the global workforce in 2024.



Conclusion 


The PwC 2024 Global Workforce Hopes & Fears Survey paints a picture of a global workforce that is adapting to the challenges and opportunities of a rapidly changing work environment. As workers navigate increased workloads and rapid changes, they are focusing on skills growth, leveraging AI, and considering job switching to meet their aspirations. These insights provide valuable golden knowledge for organizations and individuals navigating the future of work.





REFERENCES

The g-f GK Context


Global Workforce Hopes and Fears Survey 2024, PwC, June 24, 2024.



Classical Summary of the Survey:


The PwC 2024 Global Workforce Hopes & Fears Survey provides insights into the hopes and fears of more than 56,000 workers across 50 countries and territories¹. Here's a summary of the key findings:


  • Workload and Pace of Change: Almost half (45%) of workers reported that their workload has significantly increased in the past year. Nearly two-thirds (62%) noted an accelerated pace of change at work¹.
  • Job Switching: More than a quarter (28%) of workers are very or extremely likely to switch employers in the next 12 months, a higher proportion than during the 'Great Resignation' (19%) in 2022¹.
  • Skills Growth: Employees are prioritizing skills growth. However, fewer than half (46%) strongly or moderately agree that their employer provides adequate opportunities to learn new skills¹.
  • AI Expectations: More than 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months. Half (49%) of all users expect it to lead to higher salaries¹.
  • Financial Stress: The proportion of workers with money left over each month has risen to 45% (compared to 38% in 2023). However, 52% still report being financially stressed¹.


The survey suggests that in the face of rising workloads and rapid workplace changes, workers are focusing on long-term skills growth and are embracing AI. They are also alert to opportunities elsewhere, with many considering switching employers¹.


Source: Conversation with Copilot, 6/25/2024

(1) PwC 2024 Global Workforce Hopes & Fears Survey | PwC. https://www.pwc.com/gx/en/news-room/press-releases/2024/global-hopes-and-fears-survey.html.

(2) Global Workforce Hopes and Fears Survey 2024 | PwC. https://www.pwc.com/gx/en/issues/workforce/hopes-and-fears.html.

(3) Hopes & Fears 2023 - PwC. https://www.pwc.nl/en/insights-and-publications/themes/the-future-of-work/hopes-and-fears-2023.html.

(4) Getty Images. https://www.gettyimages.com/detail/news-photo/detail-view-of-the-pwc-tower-aka-the-curved-one-a-news-photo/1480307778.





PwC


PricewaterhouseCoopers International Limited, commonly known as PwC, is a multinational professional services brand of firms, operating as partnerships under the PwC brand². It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY, and KPMG².


PwC's historical roots date back to the mid-19th century, starting with the merger of two firms, Price Waterhouse and Coopers & Lybrand¹. Both accounting firms originated in London during the mid-1800s¹. 


Key milestones in the history of PwC include:

  • 1849: Samuel Lowell Price sets up in business in London¹.
  • 1854: William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers¹.
  • 1957: Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand¹.
  • 1998: Price Waterhouse and Coopers & Lybrand merge to create PricewaterhouseCoopers¹.
  • 2010: PricewaterhouseCoopers formally shortens its brand name to PwC but legally remains PricewaterhouseCoopers¹.


Today, PwC serves 26 industries¹ and operates in 151 countries with more than 364,000 people³. Its industry-focused services in the fields of assurance, tax, human resources, transactions, performance improvement, and crisis management have helped resolve complex client and stakeholder issues worldwide¹.


Source: Conversation with Copilot, 6/25/2024

(1) PwC - Wikipedia. https://en.wikipedia.org/wiki/PwC.

(2) History and Milestones: PwC. https://www.pwc.com/us/en/about-us/pwc-corporate-history.html.

(3) About us: PwC. https://www.pwc.com/gx/en/about.html.

(4) Getty Images. https://www.gettyimages.com/detail/news-photo/detail-view-of-the-pwc-tower-aka-the-curved-one-a-news-photo/1480307778.



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REFERENCES



genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)2544, Fernando Machuca and CopilotJune 25, 2024, Genioux.com Corporation.



The genioux facts program has established a robust foundation of over 2543 Big Picture of the Digital Age posts [g-f(2)1 - g-f(2)2543].



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