Out with the old and in with the new! Human resources is an ever changing department that requires professionals to continuously adapt to unexpected factors like new regulations and technology in the workforce. With 2017 behind us, we dive into the 6 trends that could impact HR within your organization in 2018.
1. Using Technology to Your Advantage
New technology can be scary, but new technology in HR can increase efficiency and remove daunting, manual tasks. HR departments are using technology for things like employee enrollment and applicant data. Going paperless and taking advantage of online enrollment systems can make onboarding a breeze.
HR professionals are also taking advantage of HR resources at their fingertips . In an easy to use online portal, the latest policies and news on insurance, compliance, HR, and wellness can all be accessed.
2. Retaining Your Workforce
Low employee turnover is always a good sign of a successful HR department. Anytime someone needs to be replaced, it will take both time and money. Retention remains a critical focus in 2018, and studies have shown it costs 20% of an employee’s annual salary to replace him or her. This shows how important it is to hang onto talent.
3. Create Flexibility
Work-life balance remains atop the list of benefits to attract quality employees in 2018. Technology has made it easier to allow employees to work remotely, with quality tools for meetings and collaborative software for groups to work on projects together.
Flexibility can help increase employee morale and thus improve retention.
4. Remain Compliant
Sexual harassment claims were on the rise nearing the end of 2017. Whether it be in Hollywood or in the workplace, sexual harassment should never be tolerated. HR professionals should review and revise sexual harassment policies and establish open door policies for employees who feel harassed. Faison Group can provide you with all the communication resources you need regarding this topic.