THE FOLLOWING ARE THE LATESTHR TRENDS AND PRACTICES :1.Human Resource SoftwareCompanies like Maersk,Novartis, etc., have adopted to the so called human resource software, in facthuman resource software is so much on rise nowadays that more than 53% ofcompanies with more than 1000 employees have invested in this human resourcesoftware, this software come in various categories and is used as workforceanalytic tools such as employee engagement, employee satisfaction, 360-degreereview etc. One of the common software used is Talepool which cater to the needof having large recruitment teams, HR web which evaluates, manages and tracksthe attendance, behavior, and performance of employees, IBM Kenexa which doesthe work of talent management.2.Trainingand developmentRecently the companiesHR department have started focusing on training of the employees internally, andthey spend a huge amount of company’s budget in research and development, thesecompanies hire people who act as instruction leader and skill trainer in theorganization, which can help better training of the employees.
Also, the HRmanagers have now started using data analytics to know where the employees arelacking and then give training to the employees accordingly. Some of the well-known firms whichconcentrate high in research and development area are Amazon, SAS, SeattleGenetics.3.Coping Up with Rapidly changing environmentIn this rapidlychanging environment, employees have to constantly keep themselves updated ofwhat is going on around them and constantly rethink on the work which has to bedone and how it has to be done, this rapid changes can lead employeesfrustrated and angry, and in order to cope up with these situations, thepresent HR people have started working upon, giving employees the necessarydirection of what has to be done and how, as well as helping them to deal withconflict and frustration. The HR nowadays provide skill training to theemployees which is necessary for them in order to deal with the newtechnologies, policies, and processes.
4.HealthWith the increase inthe awareness of having good health and fit body along with the emergency ofhaving healthy workforce, the new task which the HR managers of today have tounder go is to provide the employees with health care services such as payingthe health insurance services for its staff, free medical treatment, and payingthe medical bills, sensitization, etc.In a way it had turnedout to be beneficial to the company as well as the companies are not only ableto have healthy employees which contribute to productivity but it also helps acompany to attract and retain valuable employees.5.Familyand work life, balance The HR today has tovalue the employee’s family, as happy family leads to happy workforce. Unlikein the past the HR today has to provide the employees with various flexibilitysuch as providing them with family leaves and parental leave, even to theextent of organizing family day out for staff, and allowing sometimes, of dayoffs for the employees to resolve family issues. For HR managers providingthese facilities comes at the cost of time, but it leads to motivation of theemployees which further leads to better productivity therefore it is worth thecost for today’s HR managers.6.
Creatingworkplace experienceIn this companies suchas Pandora and Airbnb are directing their organization towards creating”workplace as an experience”, under workplace as an experience the companiestry to orchestrate different elements of work such as the physical, emotional,intellectual and virtual to inspire their employees. For example, Airbnb hasmoved from confined offices cubicles to ‘belong anywhere working environment’where employees can work from anywhere from kitchen to living room, by this theemployees have freedom to either work alone or be with other folks and create asense of belonging.7.Flexiblemanagement and globalizationTodays HR managersfocus on having mix employees in terms of skills, knowledge, and culturaladaptability in order to manage global projects and assignments, as a resultthe employees background, customs, culture and language differences become morecommon, therefore the HR has to guide its managers to be more flexible as theworkers belong to different nationalities and colors. It has therefore nowbecome important to train the managers to be flexible and to recognize the differenceof the employees and to adapt to their different working styles and get themaximum utilization of them.8.
Pay on basis of performance The cycle of paying onthe basis of the annual review is fading away, and todays HR managers arefocusing on a continuous review and performance base for compensation. Thisapproach of paying on the basis of regular performance and review will leads tobetter productivity and learning and increased feedback conversation, which maylead to and guilt free environment, and also this approach often leads tomotivation of the employees for better performance.9.EmployeeinvolvementNowadays almost all thecompanies have employee involvement concepts which are accepted, some of thedepartments where employee involvement takes place are in managerial decisions,goal setting, delegation, team work etc. In order to facilitate involvement ofemployees in these areas the HR managers of today have a major role to play,which is to train the employees in these sectors so that they can efficientlytake decisions and effectively participate in the delegation process, settingof goals and making decisions. For this the HR manager give various training tothe employees such as of developing interpersonal skills to make work teamfunction properly.10.
employeetalent = job description The most innovative HRpractices of today is that of removing the job description, and defining thejob on the basis of the employee’s skills, strengths, and interest, this newpractice is bringing high success as it gives a perfect match of employee’sstrengths to that of the job’s requirement. Therefore, serving as one of therecent innovative practice adopted by HR managers.