4 HR Trends to Pay Attention to in 2022
By Space Coast Daily // March 15, 2022
The end of 2021 and the beginning of 2022 seem to have been challenging times for HR professionals worldwide. The Great Resignation wave peaked in December, with 4 million workers quitting their jobs due to various reasons including the Omicron scare.
Since the entire situation with the Coronavirus is still volatile, HR departments need to be prepared for higher turnover rates followed by plunging employee engagement and adjusting their offering to attract and retain top talent.
If you want to continue employing quality candidates that share your values and will be devoted to your company vision, pay attention to the following predominant *HR consulting* trends in 2022.
Remote Work Will Become a Must-Have Option
After the entire business world has witnessed a major shift in the perception of the workplace. Hybride and remote work are here to stay and you have to adapt to this situation.
An Upwork survey shows that 28% of employees are expected to work fully remote within the next few years, adding that 50% of men and 60% of women are prepared to decline a job offer if the remote work option isn’t on the table.
Although you may fear that going allowing remote work will affect your communication with employees, making them less productive, there’s an array of technological solutions that can help you create an effective virtual workspace.
Advanced video conferencing platforms and employee software monitoring tools that will ensure seamless communication with employees, allowing you to keep track of their workflow without micromanaging them.
The control seems to be in hands of candidates, as the Great Resignation storms full speed ahead, leaving a tight labor market behind. Shortly put, if you want to beat the competition and attract top talent, a hybrid or remote work option needs to be a part of your offer.
The Focus Will Be on Pay Transparency
Pay Transparency has climbed on the list of employees’ expectations over the years. Also, several US states have passed legislation to emphasize the importance of companies being fair and transparent about employee compensation when they are hiring. This law, passed in New York City, Nevada, Colorado, and Connecticut requires employers to share the compensation information in their job postings.
But legislation shouldn’t be the main reason for companies to embrace pay transparency as a common practice. By being honest about compensation practices, they can attract more desirable candidates, knowing that, according to a survey, 61% of American workers are highly likely to apply for jobs when they know what to expect regarding compensation.
Benefits Package Will Align with Changed Requirements
The benefits package comes right after salary on the list of factors that candidates consider when choosing a perfect workplace. Many businesses have started reassessing their benefits in the aftermath of the Covid pandemic that has permanently changed the look of the optimal work environment.
Simply put if you want to attract top talent to your company, you need to offer more than free lunches and pet-friendly offices because these perks are no longer relevant with the rising popularity of remote work.
So if you want to align your perks package with a remote work environment focus on providing childcare options for working from home parents, accompanied by increased work flexibility.
Also, make sure to create effective mental health support programs to emphasize the need for enhanced self-care and prevent overworking.
Commitment to DEI Culture Will Strengthen
Diversity, Equity, and Inclusivity (DEI)mustn’t be empty words you put in your mission statement. In these challenging times, employees need to feel accepted, encouraged, and listened to more than ever. For this reason, you need to make an extra effort to show that your company offers equal opportunities for all, fostering a people-first culture based on mutual trust and appreciation.
By doing this you can beat the competition in recruiting top talent since the statistics show that almost 50% of candidates interviewing for a job are interested to find out more about companies’ DEI initiatives. This is 14% higher compared to statistics from 2020.
The future of the workplace is unpredictable. For this reason, HR managers need to be highly adaptable to all the changes that may come their way, offering employees flexibility and support every step of the way.