HR Trends Every Business Needs to be Aware of
HR trends are changing. The traditional hiring process is undergoing a transformation, and HR departments need to adapt. Today’s workforce has grown accustomed to instant gratification and technology, so the recruiting process needs to step up its game too. Here are some of the current trends affecting the way we hire, fire, and retire.
The workplace is no longer confined to a physical space. Technology has allowed us to work remotely, and this trend is only growing. In fact, a study by FlexJobs found that the number of people working remotely increased 115% from 2005 to today. As a result, businesses are starting to hire remote employees. There are many benefits to hiring remote employees, such as lower overhead costs and a wider talent pool.
Digital software is key
Digital HR software has exploded recently. There’s loads of amazing software out there that is revolutionizing the way businesses manage their HR. These programs allow employees to access their records from any device, anywhere. They also automate many of the tasks that used to be done manually, such as tracking hours worked and filing payroll. This not only saves time but also reduces the chances of human error.
Job retention is increasingly important
The employment market is extremely competitive, so retaining employees has become increasingly important. In fact, a study by Payscale found that 49% of employees have “resigned from a job to get a better offer from a different company.” To combat this trend, businesses need to focus on employee retention. They can do this by ensuring the pay is fair and equitable. It’s also important to give employees opportunities for development, growth, and lateral movement, so employees don’t feel trapped in the same position forever.
Tapping into digital marketing
Digital marketing is taking over traditional advertising methods such as billboards, radio ads, and tv spots. Every week there are new trends that businesses need to be aware of, and HR is no exception. Savvy businesses are now using digital marketing to find new employees. They’re using social media platforms such as LinkedIn, Twitter, and Facebook to post job openings and find potential candidates. They’re also using online search engines to find the best talent.
Thanks to technology, we can now assess candidates in a more efficient and cost-effective way. We can now use data to identify patterns and trends that wouldn’t be otherwise visible. This data can come from a variety of sources, such as social media, resumes, interviews, and assessments. By using data, businesses can make better decisions about who to hire and how to develop their workforce.
There are many tools that can be used to assess candidates, such as video interviews, online assessments, and social media screenings. These tools allow businesses to gather data about candidates that can be used to make better hiring decisions.
The bottom line is that HR departments need to be aware of the current trends if they want to stay ahead of the curve. The traditional hiring process is no longer enough, and businesses need to adapt to the changing landscape. By using digital software, tapping into digital marketing, and utilizing data, businesses can find and retain the best talent possible.