Technology and the global economy are transforming human resources in new and exciting ways. Here are some HR trends making waves that your company should keep an eye on as we enter the second half of 2016.
Integrated Workforce Management Systems
The Affordable Care Act has transformed the annual enrollment process for business with 50 or more full-time employees. What was at one time a singular event has now become a monthly process of tracking and reporting excessive amounts of data. In order to comply with the law, HR teams must work closely and share information with other departments like finance, legal and IT. An integrated system allows for greater efficiency, greater control and better accuracy, and spills over into other areas of HR, improving processes across the board.
Greater Focus on Development
Many companies have improved their hiring processes, but still struggle when it comes to development. The pace of change is more rapid than ever before, and it can be difficult to find the skills needed to meet rapidly changing business needs among those employees on the talent bench. Organizations are investing more in training and development to ensure an agile, engaged workforce.
Employer branding isn’t a new concept, but this year it takes on new meaning as more organizations look to converge their corporate brand with their employer brand in an effort to attract the best and brightest. Mercedes-Benz and Barclays have begun testing ads in the UK designed to attract candidates, and companies around the world are looking to social media and other platforms to engage with talent, merging their efforts with customer-based marketing.
Focus on the Employee Experience
You’ve probably heard of the customer experience, but more and more businesses are focusing on developing an engaging employee experience. This is in direct response to the Millennial “invasion” of the workforce. Young workers are looking for something out of “work” that older generations are not. They want to collaborate, they care little for hierarchy and they demand strong work-life balance. Forward-thinking companies are getting to know what motivates and drives the individuals on their team, so they can tailor the employee experience to those needs and desires.
If you are looking for top talent in South Florida, work with a recruiting firm that stays ahead of staffing and HR trends. Contact the expert at CERS today.