To maintain a competitive advantage and attract top talent, companies must cultivate a strong corporate culture and offer captivating products or services. However, the effectiveness of the HR team is equally important. HR professionals should remain attentive in tracking trends, adapting, experimenting, and providing employees with the best possible services. So, what trends in HR can we expect in the upcoming months and years?
Artificial Intelligence (AI) has become prevalent in 2023, with hardly any industry untouched by its influence. It has not only led to the creation of numerous tools designed to simplify HR tasks but has also found growing adoption among job candidates These candidates no longer need to break a sweat over crafting a cover letter, as tools like Chat-GPT can quickly generate one for them. In fact, there are other applications that fine-tune resumes, generate professional photographs, or assist in tackling assigned tasks. As a result, recruiters are now confronted with the need to reassess their recruitment methods. Traditional elements, such as the previously mentioned cover letter, may be losing their significance. The future trend in recruitment emphasizes assessing candidates based on their attitude, character, and willingness and ability to learn, rather than solely relying on their CVs and task completion.
Embracing Diversity and Inclusion
The ever-growing trend of Diversity and Inclusion (D&I) has become commonplace in international business. Many companies have even established dedicated roles like Diversity & Inclusion Managers to drive these initiatives. But what exactly do these terms cover? Diversity and Inclusion initiatives cover various aspects, such as promoting and facilitating remote work. This approach allows organizations to employ individuals from different geographic locations, those with disabilities, or anyone who, for various reasons, cannot commute to a physical workplace or navigate crowded office spaces (perhaps due to social anxiety or compromised immunity). Moreover, diversity and inclusion efforts also involve respecting gender identity and its expression. In practice, this involves acknowledging how an employee identifies and prefers to be addressed. Forward-thinking employers who take the principles of Diversity and Inclusion seriously also cultivate a highly diverse workforce. Whether it's achieving gender balance across various job roles or promoting diversity in terms of age and ethnicity, the corporate culture is designed to break down stereotypes and biases, not to reinforce them.
Lifelong Learning and Courses in Gardening or Improvisation
According to the Institute for the Future, as many as 85% of today's high school students will find themselves in job roles that don't currently exist within the next 11 years. While some estimates may be more conservative, the likelihood of new job opportunities emerging due to technological and societal advancements is undeniably high. Even established companies with long-standing employees are compelled to adapt to these changes. Therefore, the concept of lifelong learning is emerging as a prevailing trend in education. Just graduating from college or getting a certification and sticking with it for your entire career is simply not an option anymore. In addition, more and more companies are no longer keeping track of the type of education their employees choose. Thus, they allow accountants to take an online baking course or developers to take an acting improv course. This is because they know that even on such courses, employees can learn a range of skills beneficial to the company. What really matters is not the specific content of what employees learn, but the fact that they're always in the learning process, open to fresh insights and new beginnings. Looking ahead, this approach will likely benefit the organization much more than those mandatory courses where most participants barely pick up a thing in just one week. Moreover, the significance of specifying a particular major or degree in every job ad may decrease as we move forward. So, it's worth considering whether we really need to make it a requirement in all our job postings.
The emerging trends in HR undoubtedly revolve around automation and data management. As most administrative tasks are delegated to modern HR systems, HR managers will have more time to engage with employees on a personal level. Simultaneously, they will have access to a wealth of information regarding employee behavior and responses.
For instance, investing in a modern attendance system not only relieves the burden of manual record-keeping and compliance tracking but also provides rapid insights into employee preferences, such as their inclination to work remotely or in the office, holiday patterns, and sick leave frequency and duration. This valuable data can be crucial in tailoring employee benefits to better suit their needs.