New Year, New Goals: Seven Human Resources Trends to Tackle in 2019
Posted: January 15, 2019
With the emergence of a tight labor market and a focus on preventing sexual harassment, human resources professionals had their hands full in 2018. But with a new year comes new goals for employers to focus on, so buckle up.
What to accomplish in 2019
There is no telling what challenges the new year will bring, but here are seven areas savvy human resources professionals will be keeping top of mind in 2019, as they are likely to shape the workplace this year.
1. Even more emphasis on retention. If you thought 2018 was a hiring manager's nightmare, unfortunately there will not be much relief in 2019. With unemployment still low, candidates are free to job hop fairly easily, leaving employers with a high turnover problem.
To attract and retain the best talent, companies are focusing on improving the employee experience. This could include amping up company culture and offering new training, which requires a prepared human resources department.
2. Adapting to change. Over 80% of C-Suite executives surveyed by Forbes reported agility as the most important characteristic of a successful business for this year.
Really, what this means is human resources professionals should be willing to go with the flow in 2019. To tackle skills gaps and other challenges you may need to shuffle employees around or look into temporary help.
3. Focusing on company brand. More information on your company is readily available to applicants than ever before. And these days, candidates do as much research on you as you do on them.
Job seekers care about more than salary and benefits; they want to see potential employers as "institutions of trust," looking into advertising campaigns and public communications. Strong reputations and morals hold a lot of stock.
4. Embracing multiple worksites. The fact is, with all the technology available now, work can be done almost anywhere. Companies are increasingly ditching the traditional nine-to-five, in-office schedule and electing for more flexibility.
That makes this year an ideal time to take stock of where your team works. How many employees work from home? Do you have multiple worksites that communicate every day? The goal is to allow everyone to mesh seamlessly, regardless of where they are working from.
5. Considering wage growth. Currently, many employers are hesitant to bump up salaries, but some are taking the step to set themselves apart from the competition. You will certainly be noticing candidates looking for top offers.
And a bump in pay is not the only strategy employers are implementing. This year, companies will be offering perks like new, unique benefits and more vacation time — all to compete for top talent.
6. Pushing for more company diversity. Closing the pay gap was a big topic in 2018, but this year will take diversity and inclusion efforts a step further. One focus will be on increasing female and minority representation in the C-Suite.
Fewer than 5% of last year's Fortune 500 CEOs were female. Many believe diversifying boards will have a trickle-down effect, leading to more diverse hires throughout the company.
7. Training to fill skill gaps. With more open positions than candidates to fill them, many employers are hiring candidates without certain skills, with the intention of training them on the job.
There is also an increasing number of people re-entering the workforce after many years who will need to get up to speed.
Apart from added training for employees, many employers are focusing on more coaching in general, with regular performance feedback becoming the norm.
Posted In: Human Resources, General; Hiring/Recruiting
Want to know more? Read the full article by Rachel Mucha at HR Morning