To be competitive in today’s labor market, employers must remain innovative and abreast of the latest HR trends. Take a look at these key HR trends to watch in 2022.
(Transcription)
In today’s workplace, HR departments are given high levels of responsibility, often with limited budgets. As a result, HR professionals must constantly innovate and stay on top of trends to remain competitive in the current labor market. Here are four HR trends to watch in 2022:
1. Hybrid Workplace Sustainability
Most HR leaders (90%) expect at least some of their employees to work remotely after the pandemic, according to a Gartner survey.
Many employers are shifting their perspective of hybrid work from a novelty to the new standard. Employers are adapting and tailoring their policies and processes to support hybrid work and equally accommodate all employees.
2. Attraction and Retention Amid Labor Shortages
Over half (67%) of employers today consider attraction and retention somewhat of a challenge, according to Zywave’s 2021 Human Resources Benchmarking Overview.
In the present labor market, employers face several unique employment challenges:
- Workers fear contracting COVID-19 at work.
- Workers built up savings to hold out for a job.
- Workers face continued caregiving duties.
- Workers reprioritized job desires (e.g., telework).
- Workers demand increased compensation and benefits.
To remain competitive and address current issues, many employers will have to review their total compensation and benefits offerings. Read more on how labor shortages can affect business liability risks.
3. Increased Investment in HR Technology
Many employers are leveraging HR technology to improve their processes and create efficiencies. Common technology-supported workplace functions include:
- Cloud-based workplace management
- Employee self-service portals
- Learning and development
- Onboarding and offboarding
- Virtual recruitment
4. Continued Focus on Employee Health and Well-being
- Health and safety remain critical two years into the pandemic.
- The following employee well-being issues are common challenges for employers to address in today’s workplace:
- Caregiving demands
- The nurturing of mental health
- Healthy work-from-home routines
For more information on employee health and well-being, explore this report on wellness programs brought to you by TIG Advisors.
