Top Trends in 2023
In conversations with leadership and HR professionals, as well as upcoming talents, it is all the more apparent that organisations should focus on supporting the strong desire for learning new skills, being more proficient in recognizing when staff require wellness support, rebranding the employee value proposition, boosting employee skills, adapting to fast-changing working environments and ensuring effective communication.
Human resources Sector – forecasting, staffing, rewarding, and developing talent for today’s flourishing businesses – is growing. HR topics such as hiring, hybrid and remote working, recruiting, diversity, equity, and inclusion (DEI) and employee engagement are constantly evolving. Sometimes, the change has been so quick that many HR professionals have had to re-learn them while the business acclimatises.
Here are a few of the top trends we are likely to see during the course of this year:
Increased focus on Diversity, Equity and Inclusion
Although less of a trend, but rather an improvement on how businesses address representation and inclusion in the workplace, whereby measures are implemented to remove unconscious bias. By doing so, this would create a culture where people from all ethnic and cultural backgrounds with varying physical abilities, gender identities and sexual orientation, can participate equally and be given an equal opportunity for success.
In the US, Industry data shows that companies with highly diverse workforce are more productive, with up to 19% higher revenues than less diverse companies.
Hybrid and Remote Working Practices
We will see and are already seeing the continuation of hybrid and remote working arrangements. Many employers continue to offer the flexibility of on-site, hybrid and remote working options. Employees are happier and more productive with the option of working from home , rather than the traditional office hours, as well as, not having the added headache of the daily commute.
In certain instances, HR leaders are realizing that one-size-fits-all policies no longer work, and that trusting employees to decide where, when and how work gets done could be the way forward in regard to increasing productivity, promoting wellbeing and improving talent retention .
Enhancing skillsets
Skills, such as, empathy, emotional intelligence, mindfulness, adaptability, self-motivation, and resilience, are coming into their own alongside hard workforce skills like technical capabilities. Employee upskilling and reskilling – or providing existing staff with training and development to enhance their current skillsets or learn new ones – have been described to “future-proof” an organisation, according to a LinkedIn talent blog.
Wellness – focused Employee Benefits
Focusing on employee wellness is becoming much more expected rather than something that’s nice to have. HR is now taking a more holistic view of wellness, which covers the physical, mental, social and financial elements of wellbeing.