3. The rise of hybrid work
Companies are now expected to attain two-fold flexibility. The first kind, as we explained above, concerns hiring. The second kind concerns the nature of work itself. For many, the pandemic represented a breakthrough. Perhaps it was the acute and constant sense of their own mortality, but the global catastrophe forced many to re-evaluate their lives.
The phenomenon of burnout was widespread even before COVID-19. Burnout is a condition of extreme fatigue, cynicism, and reduced work performance. The phenomenon has been widely covered and has often been regarded as the defining feature of late capitalism. Employees, even in historically comfortable, white-collar jobs, have been clocking over 60 hours for a minor increase in wages. The future of work seemed grim, as the soaring price of education and housing combined with stagnant wages would force the coming generations to work even in their 60s. Let us not forget that working conditions have also not been ideal. For some, the commute can also be painstakingly long and tiring.
Then the pandemic happened. And for almost the next two years, it has been clear that so much can be achieved remotely. The phenomenon is a testament to the robustness and expanse of today’s cloud infrastructure.
The realization has led to what is dubbed the Great Resignation or Big Quit—people resigning or quitting in droves to find fully remote or flexible work. People are being highly selective and choosing work not only because it pays a good wage, but also because it offers other benefits like the freedom to work from home, a generous leave policy, mental healthcare, and that it aligns with their values. If companies want to attract the best talent in 2022, they must keep these in mind.
Of course, not everyone can afford to be selective. While thousands have resigned and are not rejoining the force willingly, millions have lost their jobs. It is not hard to guess who has suffered the most: minorities and people in low-wage labor. Everyone can also not work from home. Think of just retail, hospitality, and healthcare.
Our society has never been equal. But the gap has never seemed so large. Who, for example, between men and women had to leave their jobs to care for their families? It, of course, was women, perhaps because women are paid less, and their leaving makes more financial sense. In 2021, that is unacceptable.
Could things finally change in 2022?
You may also read: 82% Of Employees Prefer WFH Remote Working Trends 2021
4. A pan-coronavirus vaccine
First, there was Alpha. Then there was Beta. Then Gamma, followed by Delta. And now Omicron. But Omicron is only the fifth of many variants of concern (VOC) of the SARS-CoV-2 virus—the virus responsible for COVID-19. Many more are to come.
Read more: The Omicron Variant Shows That COVID-19 Might Be Here to Stay—for Long
While data published by Pfizer has shown that a booster could be effective against the Omicron variant, managing the logistics of distributing and administrating another vaccine will be challenging. And that is just the booster. Low-income populations around the world are yet to get even the first shot.
And even that is true for Pfizer’s and perhaps Moderna’s vaccines. Their vaccines are mRNA-based, which are challenging to store, but can be synthesized rapidly. After all, the first vaccines hit the market in less than a year since the WHO made the pandemic declaration in March. That is history, right there.
But while mRNA-based vaccines are effective, they are expensive. If more and more variants emerge, managing the spread will be much more challenging in developing and underdeveloped countries, which cannot afford the vaccines. On the other hand, viral vector vaccines like AstraZeneca’s Covishield are easier to store, and therefore cheaper. But the vaccines take longer to develop. They are also less effective compared to their mRNA-based peers.
Read more: #COVID19: Will We Need a Third Dose of the Vaccine?
Two things. We need to get vaccines to low-income nations, and quickly, given their poor healthcare infrastructure. When a new, perhaps deadlier variant emerges, those nations should be prepared, lest they fail to flatten the curve. Second, instead of doing the first thing, we should develop a vaccine that fights all types of coronaviruses—a pan-coronavirus vaccine that provides immunity once and for all, no matter the virus or variant.
Scientists already have an eye on such a vaccine. In fact, here is thing three: instead of a jab, the vaccine could be a pill or nasal spray—a vaccine that would be far easier to administer. At least, that ought to be the solution eventually. In the short run, we expect that tested, cost-effective vaccines—and their boosters—will continue to provide immunity against the virus—and its variants.
But will manufacturing and distribution speed up in 2022?
5. Conscious consumerism
Last year, the Intergovernmental Panel on Climate Change (IPCC) published its sixth assessment report. It was also its starkest. The UN’s secretary-general, António Guterres, described the report as “code red for humanity.”
The report stated that climate change is human-led, unequivocally. And if we continue on the same path, we will not be able to achieve the goals outlined in the Paris Agreement. (The primary goal is to halt global warming to well below 2° C—1.5° C, ideally—compared to pre-industrial revolution levels.) The result will be more droughts, floods, heatwaves, and other extreme weather events. They would also be increasingly intense.
Consumerism is the primary cause of climate change. But while once we blamed consumers for spending unnecessarily, today we blame producers for manufacturing unsustainable products. A producer establishes a company for a single reason: profit. That is why producers manufacture unsustainable products: they are relatively cheaper to manufacture, and therefore, generate higher profits.
However, the sharp rise of conscious consumerism has forced the hands of producers. Knowing the consequences of consuming unsustainable products, consumers are now turning away from producers who are not going green. As a result, producers are now forced to rely on renewable energy, for example. They are expected to be more efficient in water and waste management. Mining must be responsible.
Actually, the consciousness of consumers today goes beyond the environment. Consumers also expect producers to create value for society, promoting diversity and inclusion (D&I), and hiring and compensating fairly. Additionally, consumers now expect private corporations to be ethical in their operation. No exploiting labor. No spying and using clever ways to extract data. Especially, sensitive data.
What we have then is a generation of consumers that is conscious and alert. In 2022, and beyond, the consciousness and alertness will only increase, forcing companies to be increasingly careful about how they power their offices and factories, how they treat their stakeholders, and how they collect and use data.
How the tables have turned.