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Expected HR trends for 2024. What shall we prepare for?27.12.2023
Of course, the answer to the question highly depends on who you ask or where you look for the answer.
In 2023, the rise of generative artificial intelligence has transformed the way we work, at the same time it has increased the demand for new skills and the importance of retraining programs. The time has come to sum up what we have learned from the challenges of the past four years and lay down the new rules... In this article, we've collected the trends that are most likely to emerge in 2024.
Key HR trends in 2024 according to the HR profession
Remote work and flexible working: the COVID-19 epidemic has accelerated the adoption of teleworking. In 2024, companies will give more space to flexible working to attract top talent and promote work-life balance.
Employee well-being: Employee well-being will be prioritized by introducing wellness programs, mental health support, and flexible scheduling. Creating a healthy and supportive working environment will be key to retaining talent in the future.
Skills development and training: as technology continues to evolve, organizations will focus on developing the skills of their workforce. Training programmes and continuous self-training will be essential for employees to remain competitive and adapt to changing workplace requirements.
Diversity and inclusion: creating diverse and inclusive workplaces will be a top priority in 2024. HR professionals need to implement inclusive hiring practices, promote diversity in leadership and create an inclusive culture in which all employees feel safe or comfortable.
Data-driven decision making: HR professionals will increasingly rely on data analytics to make informed decisions. Using employee data, organizations can identify trends, anticipate future needs and optimize HR strategies to achieve the best results.
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We also asked Chat GPT...
In 2024, the HR profession is expected to undergo significant changes and embrace different trends. Find some of them below:
GenAI integration: artificial intelligence (AI) will continue to play a dominant role in HR functions, improving processes and decision-making. However, organizations will also need to address ethical concerns and privacy issues related to the implementation of AI.
Evolving compensation practices: Compensation structures are undergoing change, with greater emphasis on flexibility, fairness, transparency, and timing of payments. Employers will need to adapt to these changing practices to meet the needs of workers and retain top talent.
Improving employer-employee relations: Employers will focus on improving engagement, performance and trust to promote optimal employer-employee relations.
Advanced HR technology platforms: HR technology platforms are becoming more sophisticated and powerful, enabling organizations to make smarter decisions. Because HR platforms handle a number of features, it is expected that more and more organizations will take a platform approach to their HR technology needs.
How to prepare?
Forward-thinking organizations need to be prepared for these changes because this is what will bring success in HR management.
In the coming years, the HR profession will see many changes, driven by Generative Artificial Intelligence (GenAI). Other trends predicted by Chat GPT include GenAI integration, addressing ethical concerns and privacy issues, evolving compensation practices, improving employer-employee relationships, and evolving HR technology platforms in the coming years.
We look forward to seeing which of the predicted trends will actually shape work in 2024.
What do you think?
Sources:
https://www.forbes.com/sites/meghanbiro/2023/11/21/the-top-5-hr-trends-for-2024/?sh=2b3f874038de
https://www.hrmorning.com/articles/hr-trends-forecast-2024/
https://www.adp.com/spark/articles/2023/11/10-hr-trends-to-follow-in-2024.aspx
https://www.aihr.com/blog/hr-trends/
https://www.ismartrecruit.com/blog-latest-hr-trends-every-hr-must-know