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What is the biggest trend HR is facing and will face in the future?
To help you recognize the biggest trends facing HR, we asked small business owners and HR leaders this question for their best insights. From adopting remote work policies to
transitioning into a culture of trust, there are several HR trends to be aware of for 2022 and beyond.
Sarah Chavarria (https://www.linkedin.com/in/sarah-chavarria-bb05b27/), Executive VP & Chief People Officer of Delta Dental of California and Affiliates
(https://www1.deltadentalins.com)
Child Care has risen at more than twice the rate of inflation, causing some parents, especially women, to leave the workforce. This will continue to get worse unless companies
support their working parents.
One of the biggest trends in HR is to offer Child Care benefits – proven to yield the highest return on human capital investment. This provides critical help to parents while giving
companies a competitive edge.
Kevin Ehlinger (https://www.linkedin.com/in/kewilde/), Vice President, Product Marketing of TOOTRiS Child Care On-Demand (http://www.tootris.com)
Emily Golden (https://www.linkedin.com/in/emilybgolden/), Founder & Executive Coach of Golden Resources, LLC (http://www.golden-resources.com)
DEI is the thread that flows through organizations if they are to experience long-term retention of current and prospective employees. However, with organizations losing billions of
dollars due to discrimination lawsuits, absenteeism, loss of productivity, and high turnover rates, companies are now willing to pay millions to mitigate racial bias and put in place
strategic plans to create and cultivate racial equity and inclusion in the workplace.
With the future in mind, I firmly believe that the way we move DEI–from being just a hot topic and current trend–is to marry DEI conversations with strategic efforts about company
culture; that is when true transformation can and will happen.
Kenston Henderson Sr. (https://www.linkedin.com/in/kenstonLWL/), Chief Empowerment Officer of Live With Lyfe, LLC (https://www.livewithlyfe.com)
Demand to Hire and Attract Great Talent
The greatest trend HR is facing is the demand to recruit, hire, and retain great talent. Many companies are becoming quite competitive to attract great talent with unique perks,
increased salaries, unique PTO options, work-from-home or hybrid options, title promotions, stock grants/equity, and much more.
While the market may slowly reset, it will take creative and unusual tactics to attract and retain great talent, from working with executives and board members to make large,
company-wide changes, to making small hiring process changes such as decreasing the number of interviews, eliminating assessments, and becoming more direct with hiring
managers to push the interview process through quickly and efficiently.
Terry Petzold (https://www.linkedin.com/in/terrypetzold/), Managing Partner & Growth Officer of Fox Search Group (https://foxsearchgroup.com/)
Creating Cultures focused on developing skills and creating consistent career growth are key building blocks to a winning strategy. Companies should consider implementing
automatic career steps and/or monetary rewards for hitting production/quality/tenure goals in newer employees to reward hard work rather than purely annualized merit-based
reward systems.
According to LinkedIn Talent Insights 2022, employees that feel their companies do a good job with flexibility are 2.6x more likely to be happy working at their company and 2.1x
more likely to recommend that others work at their employer. This empowered approach emphasizes output over hours without sacrificing accountability. Articulating and
communicating your stance on flexibility, in all its forms, is essential to attracting and retaining right-fit candidates in today’s tight labor market...trust me.
(/author/792)
WRITTEN BY Brett.Farmiloe (/author/792)
Brett Farmiloe is the Founder and CEO – and currently CHRO - of Terkel.io, a platform where business leaders can answer questions related to their
expertise and get published in articles featuring their
insights. Brett is a #SHRM22Influencers and has also been a keynote speaker at several state SHRM conferences around the topic of employee engagement.
The SHRM Blog does not accept solicitation for guest posts.
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