With the year drawing to a close, it is time to look back at the HR policy trends of 2019 and the implementation or adaptation of them in your company. Which trend predictions proved to be true? Which predictions could have been a hit but were a miss instead? Were there any unexpected changes during the latter part of the year?
Diversification in The Workplace
Diversity is a topic that is discussed in all industries and it will only continue to grow in importance. Diversification in the workplace is vital to ensure reduced discrimination and harassment as well as enhanced equality. It is thus vital that you pay attention to diversification when redefining your HR policy.
It is also important that you understand that there will be a generation shift, with more boomers leaving the workforce and more Gen Z joining. When updating your HR policies, it is thus important to keep the diverse workforce and their diverse needs and requirements in mind.
Employee-Centric
One of the trends predicted for 2020 is an increase in employee-centric policies. HR solutions will focus on employee experience and engagement and companies will outsource their HR process handling to professionals like LeadHRM in order to redefine company policy to be more employee-centric.
It is also important to note an expected increase in the use of transparent communication tools. Since social media plays such a large role in an individual’s life, it is no surprise that similar platforms will be used within companies to increase employee engagement.
Constant Feedback
Employees will no longer need to wait for monthly or annual appraisals as 2020 sees a trend of real-time feedback on employee performance. This means that HR policy will have to be updated to accommodate these constant feedback programmes and employees will be able to continuously strive to perform better.
The Gig Economy
It is true that employees are moving away from the 9-5 workday where they must clock in at an office. Instead, employees prefer working remotely and this is beneficial to companies as well because it lowers overhead costs.
One of the main trends predicted for 2020 looks beyond working remotely and instead also covers freelance work. According to predictions, younger employees will opt for freelance work, whether on a part-time or full-time basis. HR process handling, especially regarding attendance and work hours, will have to be updated to accommodate these trends.
VR And AR Reality Aids
While the above trends looked at the human staff of a company, the next two trends look at the role that will be played by technology in 2020. It is predicted that virtual reality (VR) and augmented reality (AR) reality aids will be used in recruitment as well as other HR processes. HR solutions providers like LeadHRM will thus have to incorporate such AR and VR reality aids in the HR services they offer companies.
In addition to reality aids, it has also been predicted that artificial intelligence (AI) and humans will complement each other in HR. Popular belief is that technology and AI will replace humans. However, according to HR policy trends predicted for 2020, AI will merely complement the work humans do within a company and won’t make human employees obsolete.
From diversification to employee-centric workplaces, there are a number of modern trends predicted for 2020. While some of these trends may not be as big hits as others, it is vital that they are taken into consideration when updating your HR policies. If you have decided to outsource your HR policy making and HR process handling to a company like LeadHRM, make sure that their policy recommendations take into account these modern trends while also aligning policy with your company culture.
