Despite these challenges, the future of HR is likely to be shaped by AI.
As AI technology grows, we expect to see more automation, personalisation, and data-driven decision-making in HR practices. AI will help to improve HR practices, such as job posting, candidate screening, and employee performance management. AI will also help HR professionals to make more informed decisions by providing real-time data and insights.
We also see the emergence of new roles and job functions in HR, such as AI ethics officers, who will ensure that AI algorithms are used ethically and fairly. These roles will become increasingly important as AI becomes more integrated into HR practices, and HR professionals must ensure that AI is used ethically and fairly.
What trends will shape HR over the next 5 years?
By 2025, the HR industry will have been able to use technology and people analytics to move towards thought-leadership. A focus on real-time performance reviews and purposeful creation of a diverse workforce will shape best practices.
What are the new HR trends?
Some of the changing global HR trends include:
1. Remote work management leaning towards a shift to “Work from Anywhere” from “Work From Home.”
2. Major emphasis on using data and Artificial intelligence such as chatbots to improve routine HR efficiency.
3. A focus on overall employee experience.
4. Skilling and re-skilling of potential as well as existing employees in all areas of work.
How to prepare for future HR?
1. Get accustomed to technology and innovation such as HR chatbots, data analytics, and specialized HR software.
2. Focus on overall organizational success by aligning HR goals with the company’s vision and mission.
3. Prepare for the changing work methods and styles of a new and diverse workforce.
4. Emphasize on creating modern benefits such as parental leaves, financial wellness, etc.
5. Stay updated with changes in compliance and economic situations to ensure constructive compensation strategies.
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