November 28, 2017
There are so many things happening in the workplace that business owners need to watch for. One of the things you may not have thought about (but probably should) are the trends emerging in human resources (HR) and how those will affect your business and your employees.
With the political landscape and new generations in the workplace, HR professionals, business owners and management need to stay informed about legal issues and be proactive in planning for these trends.
Not sure what these trends are? Here are a few of the top trends we’ve seen emerge from an HR perspective.
#1 – Work-Life Balance
When we talk about work-life balance, we’re talking about the daily effort to make time for family, friends, community participation, personal growth, self-care—pretty much everything your employees deal with in addition to the demands of the workplace.
Things to consider as you discuss work-life balance in your organization include:
As you think through what this looks like, remember leadership must set the example. Further, there’s not a one-size fits all model. Rather, think through what works best for your organization, what it will cost you, how it will impact your employees and how it will impact your clients and the work you do.
#2 – Performance Reviews
Also known as a performance appraisal, performance evaluation or development discussion, this is a method by which job performance is documented and evaluated.
Seems pretty straight forward right? Not exactly. Some of the trends we’re seeing include:
#3 – Generations in the Workplace
Currently, as many as five generations could be somehow involved in the workforce. Each is motivated by something different, and companies can no longer assume that high pay, benefits and a 401(k) will attract the top talent.
Some questions to consider as you ponder generations in the workplace include:
#4 – Social Media
Social media has taken over many aspects of our lives and encourages the constant sharing of information, ideas, interests and more.
But before you relegate social media to the marketing department, think twice. Take some time to ponder how social media impacts every facet of your business, including:
Once you’ve thought through each of these, make sure you set policies and procedures in place to help manage expectations.
#5 – Wellness Initiatives
Workplace wellness is a coordinated set of initiatives designed to meet the health and safety needs of all employees. Benefits of having a concentrated wellness initiative include: improving the overall health of employees, reducing health care costs and improving productivity.
Even the smallest company can embrace worksite wellness. As we’ve said before, think through what this will look like for your company. Some ideas include:
#6 – Culture of Thanks
Now more than ever, it’s important to develop a culture of thanks within your organization. Let your people know they are appreciated for their contributions and expertise. Don’t just do this once a year, but rather on a continual basis. For example, try including appreciation as part of your staff meetings.
Encourage specific feedback that’s personalized. Further, take the time to know how your employees want to be recognized.
Focus on What’s Important
It’s important to keep a pulse on what’s happening in HR. Not only will it help you set better policies and procedures, but it will also keep you attune to the needs of your employees.
Even the smallest organization can implement changes to help create a good working environment. Just focus on your company, your goals and what success looks like to your employees.