GenAI and the job market – what employers need to know

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Anja Bates | Head | Data | Pnet | mail me |


The rise of Generative Artificial Intelligence (GenAI) is transforming workplaces around the world. South Africa is no exception to this trend. As businesses adapt to new ways of working, job seekers are also rethinking their careers. They are upskilling and negotiating better opportunities in response to the evolving job landscape.

To unpack these shifts, we published a whitepaper titled Navigating South Africa’s Shifting Work Preferences in the GenAI Era. The whitepaper explores how AI reshapes job opportunities, skill demands and workplace expectations. Both employees and employers are affected by these changes.

Importantly, the whitepaper draws insights from the Decoding Global Talent series. This is one of the world’s largest workforce studies. The whitepaper includes data from over 150,000 participants worldwide. Notably, more than 7,000 South Africans contributed to the findings. The whitepaper highlights key trends shaping the future of work.

How genAI is reshaping the job market?

South Africa is currently experiencing a talent paradox. Despite high unemployment rates, businesses struggle to find candidates with the right skills. This challenge is most prominent in industries like technology, engineering and healthcare.

Furthermore, digital access gaps complicate the situation for many job seekers. These gaps limit their ability to upskill and meet market demands. At the same time, professionals with in-demand skills are recognising their value. Remarkably, 66% of South African workers feel confident negotiating job offers. This is especially true in IT, finance and healthcare, where competition for talent is fierce.

Meanwhile, AI-driven tools are becoming part of everyday work processes. Already, 38% of South African professionals use GenAI regularly. They apply it to tasks like coding, data analysis and content creation. This signals a growing integration of AI across various industries.

GenAI skills demand

Interestingly, only 6% believe AI will completely replace their jobs. However, nearly half (43% of workers) anticipate needing to upskill. They do this to stay competitive in a rapidly changing job market. As a result, adaptability and continuous learning are increasingly important. These qualities are now as valuable as traditional qualifications.

When analysing GenAI and the job market, employers are feeling the pressure to adapt. Attracting and retaining top talent requires more than competitive salaries.

Companies must also offer job security and career growth opportunities. Moreover, a strong workplace culture is becoming essential for talent retention. Businesses that fail to evolve face serious risks. They risk losing valuable employees to companies investing in training and technology.

Employee well-being is another area where progressive companies are investing significantly.

What GenAI means for employers

South African businesses cannot afford to sit back while AI reshapes the workplace. To stay competitive, companies must invest in skills development initiatives. They also need to embrace AI-driven efficiencies across their operations.

Equally important, workplace culture must align with evolving employee expectations. The future of work is not just about technology. It’s about how businesses and employees navigate these changes together.





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