Scribd Logo
Upload

Welcome to Scribd!

  • 11 views

    Recent Trends in Human Resource Management

    Uploaded by

    koushikmohan2212
    The document discusses recent trends in human resource management. Some of the key trends include: 1) A hybrid work structure is becoming more common, allowing employees to work both remotely and in the office. This helps with employee retention and global expansion. 2) Global expansion is on the rise as remote work makes it easier for companies to operate internationally. 3) Employee experience has become a high priority, and companies are focusing on positive culture, flexibility, and benefits. The trends are changing how HR functions through increased use of analytics, employee monitoring, automation of tasks, and improved hiring processes using tools like chatbots and applicant tracking systems.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Recent Trends in Human Resource Management

    Uploaded by

    koushikmohan2212
    11 views4 pages
    The document discusses recent trends in human resource management. Some of the key trends include: 1) A hybrid work structure is becoming more common, allowing employees to work both remotely and in the office. This helps with employee retention and global expansion. 2) Global expansion is on the rise as remote work makes it easier for companies to operate internationally. 3) Employee experience has become a high priority, and companies are focusing on positive culture, flexibility, and benefits. The trends are changing how HR functions through increased use of analytics, employee monitoring, automation of tasks, and improved hiring processes using tools like chatbots and applicant tracking systems.

    Original Title

    RECENT TRENDS IN HUMAN RESOURCE MANAGEMENT

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses recent trends in human resource management. Some of the key trends include: 1) A hybrid work structure is becoming more common, allowing employees to work both remotely and in the office. This helps with employee retention and global expansion. 2) Global expansion is on the rise as remote work makes it easier for companies to operate internationally. 3) Employee experience has become a high priority, and companies are focusing on positive culture, flexibility, and benefits. The trends are changing how HR functions through increased use of analytics, employee monitoring, automation of tasks, and improved hiring processes using tools like chatbots and applicant tracking systems.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    11 views4 pages

    Recent Trends in Human Resource Management

    Uploaded by

    koushikmohan2212
    The document discusses recent trends in human resource management. Some of the key trends include: 1) A hybrid work structure is becoming more common, allowing employees to work both remotely and in the office. This helps with employee retention and global expansion. 2) Global expansion is on the rise as remote work makes it easier for companies to operate internationally. 3) Employee experience has become a high priority, and companies are focusing on positive culture, flexibility, and benefits. The trends are changing how HR functions through increased use of analytics, employee monitoring, automation of tasks, and improved hiring processes using tools like chatbots and applicant tracking systems.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    RECENT TRENDS IN HUMAN RESOURCE MANAGEMENT

    KOUSHIK.M

    23MBA1064
    The world is still facing the after-effects of the pandemic that have left a paradigm shift everywhere.

    To be on top, the HR industry has to bring a working model into practice that maximizes productivity
    and increases flexibility and efficiency simultaneously.

    HR is changing its structure almost every day in accordance with the changes in technology. With the
    right measures and approaches from enterprise leaders, it ought to have a positive impact on the
    daily operations, and subsequently the employees too.

    From my perspective, here are the beaming trends in HRM for 2024 and beyond:

    1. A hybrid structure

    The personnel groups relocated when work-from-home became a routine, leaving all the teams and
    companies to disband from one particular geographical location to anywhere in the nation.

    Where some organizations are encouraging their employees to start in-office jobs again, many are
    content with a hybrid culture and are continuing to play by that.

    Which route your organization takes can make a whole lot of difference between keeping or losing
    the workforce — around 40% of the workforce shared that they’d consider quitting if their
    organization puts a halt on hybrid culture.

    Hybrid work culture is also a natural first step today for a business to expand in foreign markets too.
    The hybrid culture automatically opens the door for new opportunities for growth and earnings.
    Over the past few years, expanding through foreign markets has become easier and more affordable
    due to the rise in hybrid culture.

    2. Global expansion on the rise

    Shifting your work into the global market – remote working is an initial step. With changing times
    and technology the trends in HRM have taken a turn too, and the inauguration of a business in
    foreign lands is becoming a cakewalk. Furthermore, governments uplifting strict policies in this post-
    pandemic era – support the businesses too.
    3. Employee experience takes precedence

    Employees today don’t just want a good paycheck but a quality culture and healthy work
    environment as well. As a part of trends in HRM, a good remuneration retains an employee, and a
    qualified environment and experience assist in the choice too.

    HR leaders should bring about methods to encourage positive workforce health, making the
    employees more flexible to changes and disruptions.

    Organizations today are offering products, services, and methods to enhance not their own but
    other firms employee experiences as well. Employee management, time & attendance management,
    employee self service portals, leave management, etc., are all a part of the trends in HRM culture
    today.

    4. Analytics gaining the front seats

    With no physical human contact, tracking and measuring the work and employees became
    strenuous, especially when the workforce is spread throughout the globe. Analytics is said to play an
    impacting role in offering information for decision-making.

    Employee management is an integral part of an organization. What work to assign to which


    employee, tracking their progress, ensuring completion of OKRs, and rewarding the employees
    accordingly is very important to make the funtions of a firm a success.

    5. A surge in monitoring the employees

    With the growing number of hybrid workers, managers are often unable to scrutinize every single
    employee and their work. The lack of personal interaction led to a surge in employee monitoring
    techniques that gave birth to yet another set of trends in HRM.

    Keeping track of work and performance, attendance, and leaves, are just a portion of employee
    monitoring practices.

    6. Automation of everyday tasks

    To give precedence to high-value and productive workings, HR leaders can leverage AI-powered
    solutions to automate their daily tasks that were carried out manually. Practices such as screening,
    sourcing talents, onboarding, keeping check of attendance, etc., and a lot more now can be carried
    out by the systems in this tech-driven world.

    Proper workflows are set to streamline all the automation and to avoid any errors. All these trends
    in HRM are changing the face of a workplace and skyrocketing the growth of every organization
    leveraging these methods.
    7. Augmenting the hiring processes

    Yet another perk that can be considered as a part of trends in HRM are chatbots. With their
    assistance, employers can now manage to select quality candidates for relevant positions out of the
    ample talent pools available.

    Functions such as resume screening choose explicit candidate profiles, subsequently ensuing in
    higher work performance and enhanced productivity. Solutions such as an Applicant Tracking
    Software are one of the latest trends in HRM today. An ATS streamlines the entire hiring process
    from job posting to onboarding and much more. Integrations with job boards is yet another trends in
    HRM that posts jobs on multiple websites with a single click.

    You might also like