5 Future HR Trends and Their Impact
HR trends are techniques and actions a company takes to understand and meet the employee’s needs and add value to the business. HR trends are constantly changing, but one thing that will never change is the company depending on its ability to recognize top talents.
Technology is here to stay, and it is high time we embrace it. HR effort is expanding its policies and procedures daily. HR consulting professionals will play an important role in ensuring the business success. To keep up with further challenges, you must build up and maintain your talent channels, build your multicultural competency within your ranks, and scale up your coaching efforts.
In this blog post, we shall discuss the future HR trends and how they can affect the worker, the work and possibly the working place.
Trend #1: The future of work is flexibility for all employees
Flexibility is when an employee can choose their work schedule. They can decide to work three days a week and for long hours each day.
There are a lot of workers that would like to work flexibly. Flexibility is not only of benefit to a tight market but also is important to employees. It helps them reduce work stress and creates a balance between their lives and work.
Trend #2: Employers will commit more resources to the employee’s experience
Nowadays, educational degrees are not mostly looked at, but the experience you have in the industry. Most companies only select experience as the top priority. To retain and attract top talents, employers must know that professional growth and resource access are important employee experience features.
As an employer, you should keep in mind three important things:
Employees will tend to leave organizations that don’t offer career paths.
Employees are not afraid to leave companies that do not offer support and professional development for their growth. Only one in five will feel comfortable about the career opportunities available in their companies, and the rest will go and look for ‘greener pastures,’ as they say.
Consider the ’employee experience’ manager.
The number of employee experiences has been increasing over the years. The employee experience manager will ensure an employee can access internal opportunities and resources. And also try to find new and innovative ways to connect employees.
Highlight internal career options.
In the past, employers communicated the available roles and opportunities that a company might have. But now, there are a lot of companies offering remote and hybrid work. Therefore, HR and management should share the benefits and available roles a company offers for their valued employees.
Trend #3: Companies will set the hybrid work model
A hybrid office is one of the hottest trends in HR. Almost 75% of Canada-based companies have adopted a hybrid work model. This means that hybrid working is the future of human resources.
A hybrid work model can be approached in the following ways:
Flexible remote hours or days
Employees can manage their work and workflows outside their offices.
Partially remote
This is where employees work for a few days remotely and spend some hours in their offices. This usually happens in companies that have security issues or hardware limitations.
Co-working
Co-working is when employees book the working places in advance as they do not have a dedicated working place.
Trend #4: Employers will focus on their employees well being
Health and wellness are among the hottest topics, especially for an employee. There are a lot of workers that look for workplaces that support mental health shortly. Employers are much more aware of the importance of this than ever.
When an employee experiences stress at work, it will affect him individually and his relationships with family, friends and co-workers. Employers should ensure their employees don’t get too exhausted and burned out.
You can maintain healthy, clear communication and transparency in your organization. Shortly, employers will use mental health days to continue expanding the employee-assistance program to ensure a healthy organization with a healthy workflow.
Trend #5: Human skills are the new hard skills for the future of work
By 2030 almost a billion jobs will be transformed by technology. This is why human skills will be ‘the new hard skills.’ Businesses and HR leaders know how critical human skills are since they can lead others and have human interrelations.
Some skills that companies seek out today are:
- Cultural and social intelligence
- Customer service
- Personal learning and mastery
- Communication
- Collaboration
- Achievement focus
- Leadership
- Attention to detail