The Future of HR: 5 Trends Shaping Human Resources in 2024

July 02, 2024

The Future of HR: 5 Exciting Trends to Watch

| July 02, 2024

HR is evolving fast, and while we can't predict the future, we can see some emerging trends taking shape. Let's dive into five key themes shaping the future of HR, and how you can start thinking about them to supercharge your HR strategy.

1. Hybrid & Flexible Work

Work is no longer confined to the traditional office. For salaried workers, hybrid work is here to stay! Did you know that 58% of U.S. job holders can now work remotely? But here’s the kicker: HR must ensure remote workers don’t feel left out or treated unfairly compared to their on-site counterparts. It's all about designing this “perk” thoughtfully for everyone.

For manufacturing companies or similar in-person environments, flexible work arrangements can be a game-changer. Consider new shift patterns, open shift start and end times, and adaptable factory lines. Keep watch on how gig talent is evolving, as this could play a big role in providing companies with on-demand workers to fill in when needed. The goal? Make your company a magnet for new talent with flexibility that fits their lives.

2. Focus on the Employee Experience

As Baby Boomers retire, younger generations expect work to be more than just a job. They crave recognition, purpose, and belonging. This shift means HR must focus on creating an exceptional employee experience, starting from the first interaction and continuing throughout their career.

With millions of manufacturing jobs opening in the next decade, it’s crucial to attract and retain talent skilled in technology, robotics, and data science. A positive employee experience isn’t just perks and benefits—it’s about fostering a sense of belonging, purpose, and personal achievement. Think engaging onboarding processes, fairness and respect, approachable HR, and a safe, supportive environment. Happy employees = higher profits and productivity.

HR Trend Employee Experience

3. The Role of Generative AI, Automation, and Technology

AI in HR is transforming the industry. By using AI and automation, HR professionals can streamline repetitive tasks, allowing them to focus on strategic planning, employee development, and building a strong company culture.

Talent intelligence tools like Eightfold or Gloat, for example, use deep-learning AI to provide a comprehensive view of your workforce’s skills, helping you make better decisions. They can even help redesign job architectures, making it easier to keep job descriptions and skills up to date. Plus, tools like Workday Adaptive can link workforce plans to financial models, optimize people resources, and model skills capacity. The digital opportunities are endless, so it’s a matter of determining the best place for your org to invest. Any way you slice it, the future of HR is tech-savvy and efficient!

4. Organizational Agility

Agility is key in today’s fast-paced world. The pandemic taught us that companies must be ready to adapt quickly to any crisis. HR leaders need to foster a culture of agility, constantly ready to pivot and change direction as needed.

By 2030, HR will be more integrated with the rest of the business, creating a fluid, agile organization. HR will no longer be just a function—it will be a network, spending more time with other business areas. Senior HR leaders will need to be disruptive, agile, and digitally savvy to stay ahead of the curve. Embracing change and adaptability will be the hallmarks of successful HR strategies.

organizational agility

5. DEI & Sustainability

DEI is essential for a strong talent strategy. By 2030, Diversity, Equity, and Inclusion (DEI) will be deeply integrated into all HR processes, with no tolerance for discrimination or bias. Employees expect businesses to take DEI seriously, and those that don't will struggle to attract talent.

Sustainability is also rising in importance. Employees expect their companies to contribute to global sustainability efforts. HR will play a key role in pushing environmentally friendly agendas, aligning with societal values. Purpose, values, and responsible business practices are becoming central to HR’s mission.

Wrapping Up

The future of HR focuses on flexibility, exceptional employee experiences, embracing AI in HR, organizational agility, and strong DEI and sustainability agendas. By anticipating these trends and adapting your strategies, you can ensure your organization stays ahead of the curve, paving the way for your next HR breakthrough!