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The Future Of HR And Workforce Management

Posted by Leslie Ruhland on May 31, 2018 8:50:00 AM
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The field of human resources and workforce management is changing. Some of these changes are already happening, while others are coming soon. This means HR professionals must adapt.

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Each year, industry experts and others attempt to predict upcoming trends in various fields. This is no less true for HR. Many organizations have done studies and conducted surveys to elicit the collective insights of industry professionals - CHMOs, HR managers, recruiters, trainers, etc. - to determine what is actually or quite likely to be the next big changes.

The ADP Research Institute, for example, published their 2016 Evolution of Work study. This was a global study based upon information gathered from 2,000 individuals in 13 countries. Their findings have shown that workplace trends vary by region, but also brought to light certain common developments.

The Future is Now

A number of trends have either been identified or anticipated in the HR profession. Some of these, however, are already taking place and have moved beyond being just a prediction. For example, numbers of experts have noted that technology is and will be a major factor in human resources and workforce management. 

Already, organizations are implementing various artificial intelligence (AI) and machine learning tools to screen job applicants, assist in training, and enhance worker well-being and development. Technology has created a global market for job talent, and the increased access and ease of implementation has allowed for vast numbers of workers to become "virtual" employees, never having to come to an office to work.

This infographic highlights many of the findings in the Evolution of Work study and helps to illustrate the state of HR and workforce management today.

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Every year, the professionals and experts weigh in on what they see as coming trends for the Human Resource profession and 2017 anticipated some of what is already a reality in the HR industry.

Another one of those trends that has come to pass quite significantly, for example, is that of greater number of job candidates looking for positions. Fortunately, the improved health of the U.S. economy has generated a vast number of jobs, as well.

According to an article on bitly.com

"Almost all recruiters (92%) use social media to find candidates. But then, there are others who swear by referrals – 78% of recruiters say referrals are the best way to find candidates. On top of that, there are more than 100+ job boards to post to and track."

What this means for HR managers and recruiters is that technology will be prominent as they strive to improve their recruiting and hiring practices, and retention results.

Being Prepared for the New HR Takes Planning

It is inevitable that technology and other forces will create a dynamic evolution of the HR field. However, with informed strategy and planning, successful organizations can ride the coming wave and prevent being left behind.

In addition to a growing and demanding role in recruiting, hiring, and continually training employees, the HR staff will still be responsible for every other function they are typically tasked with such as payroll management, tax filings, employee records compliance, and so forth.

Considering alternatives such as outsourcing is increasingly becoming a cost-effective and strategic option. Accuchex can help you in managing your HR needs, payroll processes, and staying on top of compliance demands. Get your Free Download: Payroll Outsourcing Guide to help you make an informed decision or call Accuchex Payroll Management Services at 877-422-2824.

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Topics: human resources management, HR management practices, hr management trends, personal technology, workforce management

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