What trends are important for the future of HRM?
What to know about the future of human resource management.
HR has changed a lot over the years, especially as technology has grown and workplaces have ushered in and out new generations of employees with different wants, needs, and preferences. But one thing hasn’t changed: that the department managing the human capital and productive resources of a business is a huge part of the success of that business.
That’s why keeping an eye on the emerging HR trends that experts note in the market is important – they can help you improve processes or give your business a cutting edge in competition against other businesses who are drawing from the same talent pool. Here are some of the trends to be aware of when it comes to improving your talent recruitment process or adding more efficient tactics to human resource management.
Technology Leads the Trends
One of the most important emerging trends in human resources is the adoption of more technology and its impact in the HR sphere. For instance, social media and AI are helping more HR departments be more proactive about recruitment. Technology is also helping HRM groups handle tasks like performance reviews and employee feedback, training, and wellness programs.
One interesting tech trend that may become more popular in HR departments is HR chatbots. While chatbots have already sprung up in customer service situations, more HR professionals are seeing the value in adding chatbots to the intranet or to their HR programs to help direct employees to resources about benefits, job openings, and events, as well as offer feedback directly.
Having the digital tools and technology in place to support these areas mean that not only is recruiting talent easier, so is retaining it.
Generations in the Workplace
One trend that HRM leaders need to know is that more baby boomers are retiring, while more of Generation Z is entering the workforce. This can be very important when considering human resource development practices. Gen Z values very different things than the boomer generation, and so workforce policies will need to reflect that if they want to attract and recruit talent.
As you think about emerging trends in human resource development, remember that Millennials and Generation Z are now the driving force behind change in the workplace.
Greater Role in Culture
HR departments are no longer passively processing paychecks or ensuring compliance, nor are they simply a center for hiring and training. HR has taken on a much more recent role in the “vibe” of a company, helping to establishing the culture of the business and the brand. While establishing a company’s “brand” may seem more like a C-suite or marketing decision, it makes sense that HR would have a bigger hand in it as the role of company culture continues to be a large factor in why people decide to accept a job offer or stay with a company.
Have you noticed any emerging trends in human resource management in your industry? Do you feel that any of the current trends will make a positive impact on current HRM processes? Do you think these trends can help make HRM work more productive and valuable?