“We know the world of work has to change; the pandemic has built momentum and made a case for change.” As a result of the roller coaster ride of the past few years, HR has become more resilient. According to our HR at the moment: changing expectations of HR report, 87% of C-suite executives saw HR having a more significant influence.
With this in mind, what does the future of HR hold?
Our findings from this blog shouldn’t surprise, but it is important to note that some HR and People teams have already incorporated these trends into their HR strategies, while others are still early.
This blog examines how HR trends are set to change over the next few years and how you can prepare now for these shifts.
How does HR look today?
As we embark on the future of human resources, let’s look at the current state of HR:
- Outsourcing is on the rise
Human resources have been using technology more often since it became available. However, due to new software and its consequent employee independence, in-house HR departments are shrinking.
- HR competencies change
As predicted for HR 2020, HR professionals would be involved in business operations and strategy. For most global companies, strategic planning is a core HR competency.
- Remote employee management technology
COVID-19 hit the world even before companies realized the need to adapt to remote working. As a result, HR is expected to conduct more performance analyses based on results than in earlier times.
How will the future of global HR be shaped?
1. Work from home
Due to the increase in remote working, the HR department will have to adapt to the different work situations. In addition, learning and development practices will become more individualized and accessible via remote devices.
2. AI and data
The future of human resources will probably look different due to this trend. Despite concerns that artificial intelligence will replace humans, HR will primarily benefit from this technology.
3. Culture of inclusion and gig economy
If you haven’t heard of the term gig economy, it means. A gig economy is characterized by short-term contracts or freelancers instead of long-term employment.
4. Human resource analytics
Many organizations are now focusing on Predictive Analytics (just like I am). In the future, people analytics and consumer experience intelligence will play a crucial role in boosting business and customer impact.
5. Lack of face-time
The way we communicate is heavily influenced by our body language and our interpretations. The absence of body language makes it difficult to interpret intent when communicating remotely.
Which HR jobs are likely to be available in the future?
About 100 CXOs and VPs provided insights into the evolution of HR careers such as
- HR Business Director
- Chatbot Facilitator
- Head of WFH development
- Head of Skill Design
- Head of Human-Machine Integrations
- HR Data Director
- Employee Experience Developer
- Finance Manager
- Employee Bias Officer
- Director of Purpose Planning
Imagining HR in 2030: What will it look like?
We’re moving into the next decade now. This section will examine some possible changes we can expect in 2030.
- Be agile by breaking down work
As part of the overall mission to be agile and lean, HR is broken down into individual tasks. The change will be inevitable. It will give agile employees more freedom and control. In addition, It will allow large enterprises to become more nimble like startups.
- Innovative Consistency
There is a need for innovation at all levels of the organization. Additionally, micro-innovation will require product-centric teams and policies designed to take into account the impact of digitalization.
- Resource Sharing
A sharing economy could soon replace the gig economy. A sharing economy is built on sharing human, technological, and physical resources. Furthermore, attitudes towards ownership will change substantially due to a strong focus on collaboration through technology and apps.
It is our pleasure to present the future of human resources to you. It is impossible to predict the future in an absolute sense, but making predictions based on industry and market metrics can certainly help. This statement is confirmed by the fact that HR is an evolving field. If you wish you get more expert guidance on HR Analytics, Contact us now and be prepared to conquer the future.
– By Sreeja Mohan & Marbin Shamini, RIDM Content Team.
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