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Here we are discussing top trends that can facilitate the work of HR leaders while helping the companies navigate through the competitive situations
Fremont, CA: The constant transformation in the areas such as business operations, workforce demographics, and the technology landscape affects how businesses and HR must attract and retain top talent to avoid turnover and low job fill rates.
Here are 3 important HR trends to adopt in 2020:
Updated Employee Experience Strategies
A few years ago, employee engagement, which implies how motivated employees are in carrying out their jobs, was the term for businesses and HR leaders to measure employees’ job satisfaction. But, HR teams were forced to rethink what employees want as the economy improved and workers had more opportunities.
Employee experience accounts for the totality of how employees feel about their jobs regarding technology, culture, and physical workspace. To improve and measure employee experience, vendors have hurried to reconstruct tools or create new ones.
HR leaders can take the help of journey maps, eNPS, new survey tools, and pulse tools to understand employee experience. Leaders can make strategies to enhance experience of employees by involving them in company’s missions and future plans, offering them wellness programs and also by using self-service HR tools.
Massive Use of HR AI
AI can reduce administrative tasks so that HR can focus on other strategic works. Robotic Processing Automation (RPA) software can help with onboarding and managing compensation and payroll tasks.
Some tools help fight bias in the recruiting process by identifying job position language that isolates specific populations; also, tools that can create personalized job offer letter and notify candidates who did not get the job.
However, some high-profile incidents of bias have raised concern over AI and bias. These incidents indicate that even AI is not entirely immune to the same issues that dominate human bias unless people are careful.
More Focus on Upskilling and Learning
Many companies are facing skill gaps, while top talent remains rare. Businesses are forced to develop it for the purpose of avoiding turnover and recession. In order to bridge skill gaps, some methods can be useful, such as giving the employees new skills within their current areas; grooming employees to perform the roles of retiring leaders successfully; reskilling, which includes training the workers for new jobs.
Companies can take help of online learning platforms to upskill employees. In order to bridge skill gaps, some companies are considering grooming the next generations of employees more actively by partnering with schools or allowing the non-traditional candidates.
See Also: Top AI Powered HR Solution Companies