The Top Ten HR Trends for 2019
Wondering what’s in store for Human Resources in 2019? We’ve got your crystal ball!
Ascentis sat down with workforce and leadership strategist Eric Swenson, author of Managing People in the 21st Century and The Five A’s of Great Employees, to learn what’s on the horizon for 2019 and how you can be ready.
Eric hosted a webinar on December 12 that addresses these predictions for 2019. You can watch the recording here.
Employees Rule the Roost
We all know that the most successful companies have the best talent. With the unemployment rate at a record low, attracting and retaining great employees has never been tougher. With over seven million current job openings in the U.S., there are more jobs than qualified talent. And on top of that, there is the growing trend of the “gig worker” to contend with, pulling even more qualified applicants out of the running for your openings. In 2019, the C-Suite and your HR department must develop strategies to provide an employee experience that attracts and retains the talent you need.
Preparing for the New Workforce
Tomorrow’s workforce will be increasingly gig-based, remote and transient. In fact, 60% of Millennials tell Gallup they’re open to new job opportunities. And remote workers aren’t just working from home – increasingly they’re working internationally. Every HR function will need to innovate to serve this new workforce – from recruiting to training to recognition programs, team building and engagement.
The Rise of Technology
Technology will continue to be HR’s friend – maybe their best friend – as companies spend more money on technology for recruiting, wellness, performance management, training and engagement. In the not-so-distant future, HR will increase its role in the digital world and play a key role in driving the employee experience and driving productivity and innovation.
As remote working becomes more common, engagement becomes more difficult as employees have fewer opportunities to absorb company culture in person. Sixty one percent of employees leave their jobs because it wasn’t what they were expecting. Layer a virtual work environment on top of that, and meaningful connections become even more complex. In 2019, HR leaders will look to get creative in integrating culture into all aspects of the employee experience – from pre-hire to onboarding to ongoing engagement and retention.
Leadership Becomes Humble, Attentive and Trustworthy
According to Gallup, employees who use their strengths, skills and abilities every day are six times more likely to be engaged at work, eight percent more productive and 15 percent less likely to leave their jobs. The most innovative leaders will increasingly embrace the idea that “One-Size-Fits-One”, carving career paths that play to employees’ strengths and personal priorities, and that creates an atmosphere of innovation.
HR Evolves or…
As an HR leader, you’ll be called upon to lead the adaptation to real change. More than ever, HR will transition from a tactical role to a strategic role, becoming experts in technology, strategy, real estate and marketing all geared toward building a best-in-class workplace. The consequence of not adapting is steep; artificial intelligence has the ability to swallow teams whole if they cannot keep up with innovation.
Employees don’t just want a paycheck. They want to find meaning in their work. In fact, on average, Millennials would be willing to give up $7,600 in salary for improved quality of work life. The best HR leaders will increasingly evaluate social purpose and corporate responsibility and how it fits into organizational values and goals.
Millennials Don’t Matter (well, kind of)
You’re not preparing for the new Millennial workforce. They’re already here and their needs are straightforward – technology that helps them be more productive, professional development opportunities, collaboration, purpose and work/life balance – but you must continue to meet these needs because they comprise over half of your workforce.
#metoo Not Going Away
As an HR professional, you’ll need to continue to address the important issue of workplace harassment while redefining what is and what isn’t harassment. More women are taking leadership positions, which further impacts what #metoo is and how it must be addressed in the workplace.
Workplaces Begin to Adapt to the Education Gap
As the fight for employees continues, employers will need to take a chance on less skilled or educated employees and invest the time and resources necessary for training and upskilling.
Now that you have a glimpse into the future of HR, are you prepared to bring your organization where it needs to go? It may seem daunting, but with a plan in place, you’ll get there faster than you think. You can begin by integrating some of these activities into your 2018 year-end responsibilities. Our team of Ascentis experts has compiled this detailed year-end checklist to help you check off your to-do’s and pave the way for a successful—and less stressful—year-end.Download the Guide now