Mercer at Davos 2019

Davos | Work of the Future | Mercer

MERCER AT DAVOS 2019

Workforce Transformation

Driving Change and Creating Opportunities

Future of Work

As the World Economic Forum focuses on Globalization 4.0, Mercer is exploring the implications that rapid change and instability will have on the workforce for the future. The concept of workforce transformation must keep step with the challenges presented by new technologies, an aging workforce and the quest for gender equality. More importantly, workforce transformation must be focused on co-creating a future where technology is deployed ethically, opportunities are created instead of destroyed, and companies actively engage employees in working toward social good.

 

Celebrating Five Years of When Women Thrive:
Empowering People, Companies and Societies to Thrive

As Mercer celebrates the fifth anniversary of When Women Thrive at Davos, we broaden our conversation beyond gender to include all people who make up the multifaceted workforce. 

Much has been done over the past five years to advance gender equality. Yet there is much more to be accomplished.

The workforce is changing, with workers of different genders, generations, races and ethnicities bringing different viewpoints — and different needs — to the world of work. New global workers — with a new global ethos — are emerging. They want to work with purpose and care deeply about the social impact their company is making. They follow leaders who are visionary, committed to all people and who care about their workers’ well-being.

In this session, leaders from the public and private sector will demonstrate the power of accelerating progress and empowering people to survive and thrive in the new economy. We will explore how new technologies can neutralize bias, and how the voice of the customer continues to inform inclusion strategies and drive real change.

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The Change Challenge: Fast 4.0-ward to a Secure Future

We are uncovering the financial disruption of the Fourth Industrial Revolution for the workforce of the future — where living and working longer collides with greater workplace flexibility and uncertainty.

Economists call it a mystery — a puzzle for our time. Why do wages in most developed countries remain stagnant while companies report record profits, unemployment levels drop and global growth continues? Does it contradict the expectation that by 2030, middle-class spending will increase by US$29 trillion to US$64 trillion annually? And can today’s workforce count on financial security for tomorrow?

For answers, let’s assess the changes in how we live and work. From job-changing robotics and AI to a growing reliance on contract workers, all while we’re living and working longer, we face a new economic reality of innovation and business strategy — what the World Economic Forum calls the Fourth Industrial Revolution. Yet this 4.0 revolution in how we work, save and spend is at odds with our traditional income, savings and retirement systems.

Join us with Salary Finance as we meet the disruptors and innovators who are facing the change challenge of the Fourth Industrial Revolution head on!

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