This article, authored by Amit Jain, CEO of TeamLease HCM discusses the increasing adoption of remote and hybrid work models, highlighting their necessity for adaptability in today’s evolving business world. Post-pandemic, hybrid setups are now favored by 44% of employers in India. With digitization expected to add $100 trillion to the global economy by 2025, technology continues to reshape the workplace. AI integration is transforming tasks, allowing employees to focus on more strategic activities. For example, AI is streamlining recruitment by automating initial screening processes, enabling HR managers to engage more deeply with candidates.
The shift toward cloud-based workplaces has enhanced collaboration and flexibility, while AI and automation are expected to create millions of jobs by 2030. Contrary to fears, digitization isn’t leading to job losses but is instead changing the skills required. As a result, companies and workers must invest in reskilling to keep up with technological advancements.
Read the article on Times Ascent: The Impact of Digital Transformation on Today’s Work Environment