With only five months left in the year, new HR trends are rapidly emerging. Adopting these trends, such as AI or People Analytics, can determine the success or failure of companies in the fast-paced end of 2024.
“Embracing these trends before the end of the year will not only prepare companies for the challenges of the end of 2024, but will also strengthen their competitive position in the market. As HR professionals, it is our duty to lead the change and ensure that our organizations are ready for the future,” concludes Tiago Santos, VP of Community and Growth at Sesame.
AI and the use of People Analytics: in HR
HR technology company Sesame highlights five key trends that HR departments must implement before the end of the year to ensure growth and prosperity in 2024.
- 1. Incorporating artificial intelligence and automation
Artificial intelligence (AI) and automation are transforming human resource management, from recruiting to talent management.
- Automated Recruitment: Using AI algorithms to screen resumes, schedule interviews, and conduct initial assessments saves time and reduces bias.
- Predictive analysis: Use predictive analytics to identify patterns in employee turnover and predict future behavior, facilitating proactive management.
- 2. Priority in the comprehensive well-being of the employee
Employee wellbeing encompasses physical, mental, emotional and financial health. Investing in comprehensive wellness programs can improve productivity and talent retention.
- Mental health programs: Provide access to resources such as counseling and therapies to support employees in their work and personal lives.
- Labor flexibility: Implement flexible work policies to help employees better balance their work and personal lives.
- 3. Fostering a culture of diversity and inclusion
An inclusive and diverse culture is not only ethical, it also drives innovation and improves business results.
- Training in inclusion: Develop training programs that educate employees on the importance of diversity and how to contribute to an inclusive environment.
- Measuring progress: Establish metrics to measure and report progress on diversity and inclusion initiatives, ensuring transparency and accountability.
- 4. Focus on talent development and retention
Investing in ongoing professional development and talent retention is crucial to maintaining a competitive advantage.
- Customized career plans: Create personalized career plans that align employee aspirations with company goals.
- Mentoring and coaching: Establish mentoring and coaching programs to foster professional growth and skills development.
- 5. Strategic use of people analytics
The use of people analytics allows HR departments to make data-driven decisions, improving efficiency and effectiveness in talent management.
- Commitment analysis: Use data to assess employee engagement levels and design strategies to improve job satisfaction.
- Optimization of processes: Use analytics to identify areas for improvement in HR processes and optimize them for greater productivity.
