These are the HR trends that are expected in the workforce and the workplace in 2020. Over the past decades, the scope of Human Resources Management has evolved significantly according to the movement of the economies. Rather than just only handling administrative work, HRM now plays a more important role in the strategic level of an organization. Let’s look at the challenges and expectation set for HR in this year
Get onboard with People analytics
With the help of technology, the HR department now is more equipped with information and the means to interpret those data. Information relating to employees such as recruitment data, employee statistics, and performance KPIs are carefully recorded and analyses. For years to come, companies will apply this valuable information to make evidence-based decisions for their companies. HR staff is no longer make decisions from their own personal experience or hunch any more.
Even though gig data analysis in the HR domain is still immature compared to other sectors, it has already getting on board this year and promise to change significantly how HR has conducted their daily work. By using people analytics, employers are enabled to discover valuable insights about their people what influences their productivity and motivation.
Care about the applicant experience
To attract and reach out to talents, companies now have to shorten their recruitments process. By making the process shorter, both recruiters and applicants have more chances to find each other, resulting in landing the best people for the right job. If the recruitment procedure is complicated, candidates will definitely find other opportunities that are plenty out there.
Also, the interview should be a pleasant conversation in which both candidates and interviewers can find out more information about each other in terms of expectation, long-term development, and opportunities. Investigation styles in the interview are now long-gone in the organization in 2020.
Focus on employer branding
The labor market is now as competitive as the economic market as global organizations have to fight each other for talented people. Attracting talent to join your company is very challenging and hard work. However, top performers are those who will make differences for the organization and help them gain a competitive advantage in the market place.
In 2020, organizations will have to pay more effort to advertise their branding on the market to attract talented people. HR has to pay for attention on how to set their company name apart from its rivals. By offering flexible working hours, more work-life balance styles, or to commit to corporate social responsibilities, companies can show the candidates how they care our the personal welfare of their people as well as their contribution to the society in which they are operating.
As the economy, standard, and expectations of the workforce evolve over time, HR practitioners should foresee and embed the change in their organization, make it a part of the strategic plan and prepare for the movement in the future. Companies that fail to prepare themselves for human capital development will soon meet the harsh competition for talent in years to come.
