Business

Why Being Physically Present in the Office Can Speed Up Career Advancement

Published January 16, 2024

In a rapidly evolving job market, the traditional pathway to career progression is being reshaped by technology. Kevin Ellis, chairman of PwC in the UK, has highlighted the impact of artificial intelligence (AI) on the future of work, especially for younger employees. AI is quickly automating tasks that previously served as learning opportunities for junior staff. As a consequence, Ellis suggests that these workers need to adapt by spending more time in the office to accelerate their career development.

Adapting to AI in the Workplace

AI is transforming the way companies operate, taking over many of the routine tasks that used to be part of the training ground for newcomers. With fewer traditional tasks to learn from, junior employees must find new ways to gain the necessary experience. According to Ellis, one key to advancing more rapidly is increased face-to-face interaction and collaboration, which is more readily available in an office environment.

The Case for Office Work

Ellis argues that being present in the office several days a week is crucial for those who aspire to climb the corporate ladder. This stance is particularly relevant as businesses encourage more on-site work, while employees show a preference for the remote working habits formed during the pandemic. Despite this conflict, the push for office presence is seen as critical for those starting in their careers.

The Financial Aspect and Global Perspective

PwC's report sheds light on the financial sector's move towards AI, suggesting a shift away from traditional hourly billing towards outcomes-based fees. In terms of global trends, British companies are adopting AI at a swifter pace than their international counterparts. Moreover, British CEOs are optimistic about the future of the global economy even though their confidence in the UK's domestic growth is more restrained.

AI, Workplace, Promotion