2014 HR Trends

As we all plan for 2014 and wrap up the budgeting process, have you checked the latest HR trends and measured yourself and the organization against the best of the best?  The three core principles remain: Recruit, Retain, and Develop team members.  Animato participates with Oracle, Oracle HR User Group (OHUG), Society for HR Management (SHRM), Project Management Institute (PMI), American Payroll Association (APA), World at Work, and Healthcare Information and Management Systems Society (HiMSS) to stay abreast of new developments, trends and best practices to share the knowledge and experience gained to our clients.  Below is a quick review of the latest HR trends that we have discussed leading into the 2014 budgeting process.

New Technologies

  • Per SHRM, 29% of you plan to adopt a new HR management system, at least 1 in 3 will adopt a SaaS based platform
  • Before you buy, fully utilize the technology that you have purchased. Here are a few features and functionalities that clients are considering improving or implementing:
      •  Managed self-service capabilities
      • Workflow
      • Dashboard and automated reporting
      • Scheduled processes
      • Portals
  • Big Data solutions/Dashboards
      • Consider how you will use the data to achieve your business strategies
      • HR analytic systems will be implemented or updated by half of the major companies per SHRM

Recruiting

  • Increased use of social media for recruiting/finding candidates
  • Increased technical solutions for succession planning and people readiness
  • Timely recruiting of skilled workers for hard to fill positions
  • Streamline the Onboarding process to meet regulations, utilize workflow, reduce paper, and timely notify all business areas

HR

  • Implementation of health care legislation and modifications to legislation rulings
  • Growing complexity of legal compliance for employers
  • Increased social media use to expand and improve communications to employees and improve company branding
  • Updating policies to incorporate changes in technology use and legislative changes

Compensation/Payroll

  • Improving the reward and recognition programs
  • Staying competitive within the talent market

 Benefits

 Learning Management

  • Developing employees and next generation leaders
  • Increasing use on e-learning tools and capabilities

What other trends are on the radar screen in your industry? Please share by commenting here.

 

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