Curious About HR Trends? Discover What's Boosting Productivity and Employee Welfare

As a student of HR, I am eager to know what the new trends in HR practices are that are gaining popularity, increasing productivity, and enhancing the welfare of employees.

Some New Trends in HR:

• 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 personnel files of employees is changing into an employee database. Transactional activities like payroll, leave, and attendance management are becoming automated.

• Improving accountability of people in their job positions by defining KRAs, goals, and KPIs. This trend is not only observed in the private sector but also in the public sector and government/semi-government organizations.

• The focus is shifting in the HR role from being a back-office function to an operational and interactive HR. In big organizations, HR is being viewed as a strategic partner.

• The HR department, as a business partner, is now required to understand and improve its functioning as a cost center. Value addition to the top line and 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 guard of HR professionals should not feel hesitant to be students of modern HR. In no other field of management is the challenge of new learning bigger than that in HR.

Some New Trends in HR in My Organization:

• We create a Single Page HR Plan on a quarterly basis to improve the performance of the people.

• We engage in Small Group Activities to help us understand ground-level issues.

• We conduct Employee Satisfaction Surveys department-wise, which assist us in resolving departmental issues.

• Annually, we establish a Training Calendar that is reviewed every six months.

• We conduct a "Home Visit" for each employee.

• We provide "Feedback" to each employee twice a year, consisting of two parts: Personal and Professional. The Professional part further includes three sections: Operational, WCM, and Competencies.

• We measure Key Result Areas (KRA) / Key Performance Indicators (KPI) for each employee.

Many more initiatives are in place for new members interested in pursuing a career in HR.

In conclusion, in my view, "HR is the person who works on the one and only living assets of the Organization."

Thanks,

Abhijeet Bhave

Major Trends in Human Resource Management

The following are the major trends in Human Resource Management today that all HR practitioners need to be aware of and be able to deal with:

• Analytics & Metrics
• Use of technology in delivering HR Services
• Outsourcing even critical functions
• Compliance with statutory and business practices
• Compensation, Benefits & Employee Incentives
• Learning & Development (includes Training)
• Managing a contingent workforce
• Mobile and diverse workforce

Regards,
Venkat

Top Trends in HR Today

Some of the top trends in HR today are:

- Technology to communicate with employees
- Development of e-learning
- Technology to perform transactional HR functions
- Use of Social Media in HR
- ERP

Regards