Top 5 HR priorities & trends in 2023
From embracing new technologies and new hires to maximizing performance and providing great benefits, human resources have changed a lot over the years. Even so, HR professionals still face numerous challenges and there are several trends that can help you get ahead of your competition as a result.
It’s time for you to focus on big-picture trends instead of small details. The future of the human resources industry won’t be handed over to you; it will be dictated by the players and the game they find themselves playing in the upcoming year. Your job is not just to keep up with the competition, but also to keep up with tomorrow’s trends. And, that is why in this Achal Chaurasia news, we’re here to help you do just that!
- Flexibility is the New Normal for HR
The 9-to-5 workday is dead. Or is it? While the full-time, in-office schedule still reigns supreme for many companies, a growing number of employers are offering employees hybrid and remote working opportunities; attracting around six times more applicants than any regular firm!
This implies the human resource departments have to make themselves comfortable when the employees are not actually present in the office most of the time. Apart from that, those screenings, interviews, and onboardings are also most likely required to be taken in virtual mode.
- Understanding a New Generation of Workers
With more and more students graduating every year, HRs have to brace themselves for adjusting to the requirements of this generation of workforce. The way work is done and the way the next-gen employees approach their careers might undergo some changes in the coming years.
The newest generation entering the workforce can expect to see increased opportunities for unconventional approaches to their jobs. For instance, most of them might expect some flexibility in their schedules, regardless of whether they’re working remotely or not! Apart from that, most of them might want to keep in touch with their supervisors on a regular basis, to gain proper feedback on their work and performance.
- Prioritizing Employee Wellness
Human resources have always been at the forefront of creating innovative wellness programs for employees. And, as we’ve just survived the pandemic, it’s also becoming a much-required necessity.
HR departments need to rethink how they approach employee wellness and tailor their benefits packages so employees are able to conveniently take care of themselves.
In the future, HR departments might be uniquely placed to create wellness programs and employee assistance programs that focus equally on physical and mental health. Moreover, they also need to make sure that the employees have access to the necessary resources for dealing with their issues.
- Finding and Investing in Employee Talent Internally
The struggling economy, the difficult job market, and even tougher places to find good employee talent all appear to have given rise to more company training programs and internal advancement opportunities as companies look inward for ways to cut costs and find better talent.
Incentivizing employees to stay within the same organization has never been more popular. As companies are starting to recognize the long-term value of nurturing talent for future positions: better internal advancement opportunities and increased employee retention!
And, for this to happen, the HR departments have to take complete charge of discovering creative ways to identify and bring in talent while growing reliable employees from the inside!
- Owning the Employer Brand
Trying to recruit and retain highly qualified talent? Studies show companies with successful employer brands receive 50% more qualified applicants and enjoy reduced hiring costs per candidate.
Employer brand is important because your company is trying to attract and retain people who ideally should like working there. The employer brand strategy helps you engage talented candidates you might not have normally considered. And, we all know, the HR departments generally own the employer brand; a powerful employer brand helps companies attract their next top performers, but all employer branding is not created equal, especially in a competitive lateral labour market.
Keeping abreast of the latest HR trends is as important as ever. As mentioned before, at every point during your current career, there are opportunities and changes to assess and adjust according to your needs. So, in this Achal Chaurasia news, we’ve discussed five HR priorities and trends to consider in the coming year and beyond — they’ll help you plan ahead for success in the workplace.
With HR trends and priorities constantly evolving, it can be challenging to keep up with the rapid-fire pace at which this field moves. No matter what your role is in HR — whether you are a manager, director, or even an assistant — there are some top HR trends that demand your attention this year. The best thing about these hot topics is that they can be applied to all levels of your organization right now.
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Author- Achal Chaurasia
A young businessman who has been in the line of entrepreneurship for quite a few years. He is an active learner and loves to know more about new technological developments CG up as well as how they can be put to great use to yield better results for the society.