Ready For Future HR — 7 Strategies to Stay in Demand
‘Pandemic’.’ The digital age’.’ Relocation of Workplace.’ ‘Less engaged employees’.
From being called Personnel Management to Human resource management, the journey of handling employees has evolved greatly. Concerning the above-stated expressions, HR is now on a path of massive change.
Not only the employees, but the employers would also need to apply some modernized approach to be significantly in demand. (ref. KPMG report)
The question here arises: Are the old HR techniques dying? Well, no they are not dying but certainly require an upgrade.
Let’s have a look at the major ones :
- Artificial Intelligence
One-click and Boom! Data and Analytics have always been an integral part of any organization. Where AI helps in predicting and assessing everything from hiring employees to their retirement, Organizations will now have to focus on using it extensively to provide post-exit support too. Interconnection with former employees will always influence the business. How?
Well, the next strategy will give you clarification on connection theory.
Corporates! In order, to have more time for strategic planning and making the employee journey pleasant, start getting new digital tools, software and keep a spotlight on AI.
2. Open Talent Economy
To be simple, an open talent economy is just a mixed bag of independent contractors, freelancers, employees, consultants, and temporary workers in a single organization. Replacing the traditional custom of permanent in-house talent, the companies will be more open to exploring various types of talent without any long formal ties with the business.
This free flow always allows the former employees to tie the bond with the organizations. Thus, supporting the first strategy, a polished relationship with the former employees works well.
3. Onboarding and Induction
Effective onboarding drives employee retention. Pre-onboarding engagement like sending goodies before joining, taking family intro, etc. will re-shape the orientation process. Companies will now have to focus more on, frequent webcam team interactions, project discussions, and engagement activities with their yet to join employees.
4. E-Training
Physical orientation has always created a personal bond and turning human intervention into virtual will increase the difficulty level of acceptance from both employer and employee side. E-training on human & organizational behavior, how to cope up with the challenges of remote workplace etc will altogether help in operational management.
A personalized e-learning strategy, regular meet-up sessions, and need-based virtual learning classes will motivate your employees.
Talent brokers and coaches will also be part of this dynamic change.
5. Performance and Reward Management
With the virtual setup coming in, employers will now have to be a part of an instant reward system. Mini perks based on performance, milestones achieved will keep employees engaged. Gone are the days when quarterly or yearly incentives were the icings, now the employers will have to play surprisingly with their staff and concentrate on the new performance management system.
6. Re-vamping the policies
Going with the global change, employers will now have to revamp their HR policies and adhere to the new concept of following the “well-being of employees”. Compliances and benefits concerning leaves, covid sufferers, premium policies, vaccination drives, etc will have to be incorporated. Mental health will also require a spotlight. Employers’ flexibility in terms of working style, healthy work environment would be essential.
7. Coping with the absence of Facetime
Retention level is always maintained with open and honest employee-employer communication. With the rapid pace, employers will now have more time to act rightly and promptly to the employee grievances and feedback. Pre-scheduled web team meetings and light talks will help in coping with the absence of facetime.
HR is with humans and no matter what, humans can only be replaced with humans.
With the flipping calendar and in hope of a fresh start, accepting technologies and commitment towards the above-mentioned major strategies will surely prepare us for the upcoming changes faster than ever before.
