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ADP (Automatic Data Processing) has offered projections for the biggest workplace trends of 2019. According to the monthly ADP National Employment Report and the quarterly Workforce Vitality Report, the US workforce experienced historic gains in 2018. Specifically, in 2018 the unemployment rate fell to a near 50-year low, more than two million jobs were added, and wage increases began to accelerate in 2018. Wages increased an average of $1 per hour from last year, and the average wage increase for job switchers was 5.8 percent, while job holders saw a 4.7 percent increase.
“With 2018 employment levels at an all-time high and broad-based wage growth taking root, the US job market is more dynamic than ever,” says Don Weinstein, Chief Product and Technology Officer at ADP. "In 2019, employers and workers will increase their focus on issues ranging from the personalization of pay, to an increasing mosaic of workers that span fulltime to gig, data privacy issues, and more.”
According to the reports, trends for 2019 include:
The Personalization of Pay
With workers being able to personalize almost every aspect of their personal and professional lives, employers will need to adopt flexible options around pay schedules and provide financial wellness tools to employees.
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