Some new Trends in HR:
1. Growing emphasis on the use of HR Technology based systems (Search for 'EmpXtrack' on the web to know more). The age old concept of HR managing the personal files of employees is changing into employee database. Transactional activities like Payroll, leave & attendance management are getting automated.
2. Improving accountability of people in their job positions by defining KRAs, Goals & KPIs. (This trend is not only observed in private sector, but also in Public sector & Govt./ semi-Govt. organizations).
3. Focus is shifting in the HR role from being a back office function to an operational & interactive HR. In big organizations HR is being looked upon as a strategic partner.
4. HR Department, as a business partner, is now required to understand & improve their functioning as a cost center. Value addition to the top line & bottom line of the organization is a part of the HR role.
Most of the aspects mentioned above need to be understood by the students of HR if they want to be successful HR professionals. In fact, the old brand of HR professionals should not feel hesitant to be students of modern HR. In no other field of management, the challenge of new learning is bigger than that in HR.