New trends in HRM:

1. Employee experience
More than the engagement of employees at workplace, the focus has shifted to
employee experience. More than mere engagement, concentration is now given to
enhancement of company culture, and performance management.

The main roles of the HR department now covers enhancing employee’s journey map
and giving a greater exposure to feedback tools, employee wellness apps, productivity
tools and advanced communication tools.

Moreover, they are analyzing the employee data to address the need of staff and
enhance productive office atmosphere. They can even use its possibilities to ease the
implementation of the HR process and improve the employee’s career.

2. Advanced people analytics

Companies have moved far ahead from just the back office data to utilizing the best of
people analytics. Reporting through the dashboards has outdated in most of the
companies and focus is more on predictive models.

Companies have moved far ahead from just the back office data to utilizing the best of
people analytics. Reporting through the dashboards has outdated in most of the
companies and focus is more on predictive models.

SAP Success Factors, ADP, Visier, Cornerstone and Oracle are among the most
widely used HR tools to enhance the possibilities of HR sector to improve the overall
effectiveness of employees.
Most of these tools come with advanced features like employee retention predictors.
They can even help build strategies like making job moves to get higher performance.

3. Learning management systems

Despite the position of the employees or their experience, learning new skills is
important to stay updated. That is why constant learning is now a novel trend in the
HR sector. Providing learning opportunities to employees is the key for any company
that is eyeing for progress.

An improved skill set can help employees to deliver their best at workplace that
reflects in the overall productivity of the enterprise. Learning management systems
are playing the crucial part in tracking the employees learning process and even to
collaborate between various departments effectively.

4. Augmented reality
One can undoubtedly say that VR and AR are the key trends in today’s HR market
which offers an upper hand for learning market and performance support for
organizational staff.

The simulation process is the highlighted feature that aids employees in preparing
themselves to how to respond to real life situations.

It has a huge influence on proper recruitment process as candidates are given exposure
to real-life work situation.

Moreover, there are options for candidates to take a virtual tour of the company and
get an exposure to the organizational culture personally.

5. Productivity of HR process
Earlier the focus was covering the automation of areas like record keeping,
performance appraisal, resume capture, interview and hiring, compensation and
assessment.

However, the focus is now shifted to productivity of the overall HR process than just
automating sections.

https://www.youtube.com/watch?v=IJ5jJabbE2o
So significance is now given on the techniques to enhance productivity like quality
people, considering people analytics, team-centric companies, and optimal usage of
hired employees as well as agile workforce.

Now the key role will be to sort out employee’s focus, engagement and burnouts and
build strategies accordingly.

6. Digitized rewards and recognition

Receiving praise and recognition is the key to help employees to trigger their
performance level and these are undoubtedly true motivators for most of them.
However, the present trend has taken this a step forward as rewards and recognition is
now becoming digitised.

Digital recognition is helping them excel one step higher and peer to peer recognition
for their contribution through social media platforms is evidently improving their
performance scale.

7. Online skill assessments

The trend of using online skill assessments is now seen in companies as it is proving
effective as an optimal talent management tool.
It comes in the form of surveys, quizzes, tests, and exams that offers a platform for
companies to learn what their employees actually know and even a chance for self
assessment for employees.

8. Biometric time tracking and security

This is another recent trends in human resource management that offers a lot of room
for minimizing attendance fraud risk by using biological markers to recognize
employees. Companies are now using facial or iris recognition and fingerprint
scanning.

Minimizing time theft through these means help companies to save their funds to a
great extent. Employees are blocked from doing unwanted fraud actions outside the
office hours as system access will be tracked. This additional layer of security also
offers an advantage of tracking business property.

9. Enhanced employee engagement

When it comes to employee engagement, it has moved forward a lot from mere basic
activities. The scenario is now digitized and employees are offered lots of wellness
and fitness apps. The goal is to ensure proper work and life balance.

Building a sustainable workforce by balancing professional and personal lives helps

them to be more productive and then end result will be a profitable enterprise.
Companies are now taking initiatives to set up seminars and sessions like yoga,
dietary counselling, and counselling on improved work-life balance.

10. Transformation of leadership

Unlike in the past, leadership is not always about leading a team or managing them.
The digitalised world has put forward possibilities of networked organisations than
bring more success than with just delegation of authority.

Individual employees are enabled to initiate leadership on their own and sometimes
even without proper formal authority. The shift of leadership goals have changed from
simply leading people to overall coordination of the ecosystem of work.

11. Targeted recruitment

One of the mostly discussed trends in HR sector is targeted recruitment which is
processed through social media and cognitive assessment.

Companies are utilizing the possibilities of cognitive technologies that come in the
form of predictive algorithms, natural language processing and self-learning.

At time of recruitment, they use tools that consider career experiences and skills to
provide a fit score to see if the candidate matches the organizational requirements.  

Moreover, reputation checks of organizations and their competitors are now easy with
social listening that is possible in the form of public reviews.

12. Wearable Tech

Work place health can be monitored more systematically through this emerging HR
trend. These wearable tech possibilities can make a huge impact on employees
working on high pressure situations.

These devices are designed to track several features like heart rate, pupil dilation,
body temperature, and similar areas. Management can analyze these points to get a
deeper insight into stress and pain points of employees. They can reframe the
strategies accordingly to improve their workplace experience.

13. Performance management

Unlike in the past when the performance was evaluated through monthly meetings or
quarterly reviews, the present trend shows the shift of focus to real time feedback.

Apart from logistic benefits, this instant feedback can help managers to put up
conversations about personal and professional development.

The real time open-dialogue conversations in fact help employees to benefit from
constructive criticisms that give them a large room for improvement on the go.

VR can work closely with real time feedback for effective performance management
and assessments.