8. Evolving Patterns/ Trends in HRM

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HR is constantly adapting its framework to align with evolving technology. With effective strategies from business leaders, this evolution should enhance daily operations and ultimately benefit employees (Sharma, 2023).

According to Sharma, (2023), below are the main existing and future HRM trends:

Adopted from Sharma, (2023)

1.Hybrid culture

As remote work became common, personnel shifted away from a fixed location, prompting companies to dissolve geographical ties. While some urge a return to the office, many prefer a hybrid approach. This choice significantly impacts retaining talent—around 40% might quit if hybrid work halts. Moreover, hybrid setups facilitate global business expansion, offering growth and financial prospects efficiently.

2.Global expansion

Expanding into global markets begins with remote work. Evolving HR trends align with changing times and technology, simplifying the establishment of businesses abroad. Additionally, post-pandemic government policies ease the process, supporting businesses venturing into foreign territories.

3.Employee experience

Presently, employees seek more than just a salary they value a quality work culture and a healthy environment. Effective HR trends highlight that good pay retains employees, while a positive environment influences their decisions. HR leaders should promote workforce health to enhance adaptability. Moreover, companies offer tools like employee management systems, self-service portals, and leave management, not only for their own but also for other firms' employee experiences, reflecting current HRM trends.

4.Employee analytics

In a dispersed global workforce without physical interaction, monitoring and evaluating work became challenging. Analytics emerges as a pivotal tool, providing crucial insights for decision-making. Effective employee management involves assigning tasks, tracking progress, meeting objectives, and appropriately rewarding employees, crucial for organisational success.

5.Employee monitoring

As hybrid work increases, managers find it challenging to closely oversee every employee. This gap in personal interaction has spurred new trends in HRM, notably in employee monitoring techniques. Monitoring work, performance, attendance, and leaves represents only a segment of these practices.

6.Automation

Adopted from wgmimedia.com

HR leaders can prioritize high-value tasks by using AI-powered tools to automate previously manual daily routines. Functions like talent sourcing, screening, onboarding, and attendance tracking are now efficiently handled by tech-driven systems. Implementing structured workflows ensures seamless automation, minimizing errors. These evolving HRM trends significantly transform workplaces, propelling organisational growth for those adopting these methods (Joshbersin, 2023).

7.Enhanced hiring

As example chatbots represent a growing trend in HRM, aiding in candidate selection from vast talent pools. They streamline functions like resume screening, ensuring a match with specific job profiles, resulting in improved performance and productivity. Another prominent trend is Applicant Tracking Software (ATS), orchestrating the hiring process from posting jobs to onboarding. Integration with job boards simplifies multi-site job postings, marking a significant trend in HRM.


As conclusion, according to Van Vulpen (2020), In future, HR will redefine its role beyond traditional boundaries, embracing trends to meet immediate organisational needs and foster a sustainable future. This shift aims to create thriving work environments and achieve ambitious business goals. By combining innovation and strategy, HR will lead organisations towards growth, inclusivity, and resilience, ushering in a new era of work.



References

  1. Joshbersin (2023). The Role Of Generative AI And Large Language Models in HR. [online] JOSH BERSIN. Available at: https://joshbersin.com/2023/03/the-role-of-generative-ai-and-large-language-models-in-hr/ [Accessed 18 Nov. 2023].

  2. Sharma, R. (2023). 7 Emerging Trends in Human Resource Management (HRM). [online] Zimyo. Available at: https://www.zimyo.com/resources/insights/trends-in-human-resource-management/ [Accessed 16 Nov. 2023].

  3. Van Vulpen, E. (2020). Top 10 HR Trends for 2021 and Beyond. [online] AIHR. Available at: https://www.aihr.com/blog/hr-trends/ [Accessed 18 Nov. 2023].




Comments

  1. SudarshaNovember 22, 2023 at 1:45 AM

    Hello Friend.
    This forward-looking piece highlights the positive impact of evolving HR trends, emphasizing the alignment with technology and the potential for enhancing daily operations. The integration of innovative strategies positions HR as a key driver for organizational growth, inclusivity, and resilience in the evolving world of work.





    ReplyDelete
  2. Dinesh EkanayakeNovember 24, 2023 at 5:46 AM

    Expanding into foreign markets naturally fosters a global mindset within the organization. This can lead to a culture that appreciates and leverages diversity, values cross-cultural communication, and understands the importance of local context in business operations.

    ReplyDelete
  3. Mithini Punsara AbeyrathneNovember 25, 2023 at 11:51 PM

    Inquire how to successfully meet the challenges faced by modern organizations in the use of evolving patterns/trends in HRM

    ReplyDelete
    Replies
    1. Dammika SudeshNovember 26, 2023 at 6:15 AM

      Dear Mithini,
      Modern organizations can navigate evolving HRM trends by fostering adaptability. Implementing agile HR strategies allows for quick adjustment to emerging trends like remote work, diversity, and technology integration. Encouraging a culture of continuous learning helps employees adapt to new tools and methodologies. Leveraging data analytics aids in informed decision making for talent acquisition, retention, and performance evaluation. Embracing flexible policies acknowledges diverse employee needs, fostering inclusivity. Collaboration between HR and other departments ensures alignment with broader organizational goals. Ultimately, staying proactive, flexible, and receptive to change equips organizations to succeed within evolving HRM patterns.

      Delete
  4. Buddhika RanasingheNovember 26, 2023 at 3:51 PM

    Nice article and very informative. following your blog, anybody can get rough idea of new trends in HRM. if you need more details, please follow this https://www.ibm.com/blog/artificial-intelligence-and-a-new-era-of-human-resources

    ReplyDelete
  5. S. D. S. K. Kumara (E205009)November 27, 2023 at 7:58 AM

    It's important for HR professionals to stay informed about the latest trends and innovations in their field to effectively navigate the evolving landscape and contribute to the success of their organizations. Very good article Sudesh.

    ReplyDelete
  6. Sumeda Jayalath (E218399)November 27, 2023 at 9:23 AM

    Hi Sudesh,
    Very good article. I would like to make a query.
    How do evolving HRM trends impact organizational growth?

    ReplyDelete
  7. RoshanNovember 28, 2023 at 9:54 AM

    As a result of global expansion, there has been a paradigm shift in the tasks and obligations of HR professionals. The contemporary global commercial climate has led to an increase in the difficulty and complexity of organizational decision making.

    ReplyDelete

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