Workplace Trends to Know About

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Suits, ties, long nights at the office and lengthy in-person boardroom meetings; these aspects of the professional world are quickly being changed by mobile apps, remote work, and work-life balance. Hard work is still the most important aspect of 21st century business, but the concept of the office and the employees who work within it is in a constant state of flux.

The online business degree program at Rutgers aims to prepare students not only for leadership in a changing workforce, but also the realities of remote work in the gig economy. See how:

Remote Work

The quintessential boardroom environment is quickly giving way to virtual communication. A 2015 Gallup report found that 37 percent of respondents telecommuted, compared to just 9 percent of employees in 1995. Experts believe that telecommuting will approach or even reach 50 percent by 2020. Many employees work exclusively on a remote basis, while others enjoy anywhere between one to three days per week away from the office, where they still manage to complete workplace roles to their employers’ satisfaction. College programs now emphasize virtual communication as an essential skill, which can easily be developed through extended online discussions and virtual group work. Online programs uniquely prepare students for this shift as they provide a similar environment in which to grow, learn and lead.

Emphasis On Projects, Not Hours

Compensation remains one of the greatest challenges of the virtual workplace. In a traditional office environment, it’s easy to track the amount of time employees spend on the job and pay them accordingly. In a remote environment, however, actual accomplishments ultimately become more important than the amount of time spent in the pursuit of those workplace objectives. This approach involves a consulting or freelancing mindset, and while freelancing and contracting is undeniably more popular now than in the past, elements of the independent consulting concept can still be incorporated into full-time positions.

A Renewed Emphasis On Work-Life Balance

Work-life balance has become a top priority to many workers entering or moving up the career ladder in today’s workforce. This trend is evident in a broad range of careers and industries; although a 2015 Labor Department survey found that work-life balance had largely gone unchanged since 2003, it was evident that Americans placed a greater emphasis on leisure and sports, spending an additional 45 minutes on recreation per day than they had a decade earlier.

The workplace is changing rapidly; the typical office setting professionals once took for granted is giving way to a more virtual approach in which employees are compensated based on their achievements, rather than the hours they put in at the office. This new approach can offer a greater opportunity for work-life balance, with employees encouraged to accomplish more in less time and with the freedom to choose the setting they prefer. Online students of Rutgers online degree in business administration enjoy a unique advantage in this modern work environment as they enter the workforce well-versed in the art of online communication and teamwork.