Human resources professionals are ready to discuss the biggest HR trends to look out for in 2016. Experts surmise that many of 2015’s trends will remain top challenges – such as recruitment and retention, HR technology and the growing skills gap – but there are still a host of new issues to keep an eye out for in the new year.
Check out what 2016 has in store for HR services:
2016: Year of the “boomerang employee”
Forbes contributor Dan Schawbel explained that this means employees will return to a company that they previously left for compensation or other opportunities. Because this practice is growing more common, businesses are becoming more accepting of the move – approximately 76 percent of companies are willing to re-hire. That’s up from the 48 percent that had a policy against hiring these types of employees just a couple years ago, reported the study conducted by Schawbel. Companies have grown more understanding as technology has made it easier to jump from job to job, however they also see the benefits, as the re-hired employee can bring in new perspective without much training on their already-familiar company.
Rewriting overtime and payroll companies
Salaries are changing too. In early 2016, the government is acting on the final rules that will raise the minimum salary level that was proposed earlier last year. Many believe that this will be an important revamp of U.S. labor practices, making fair wages for overtime workers and strengthening middle class salaries. While this encourages a better quality of life for overworked employees, smaller businesses are going to find themselves scrambling to find ways to deal with these additional costs. Businesses will likely need to buckle down on their finances and therefore finding a payroll company will be a solution that many turn to to help track these new regulations and reporting requirements.
Productivity and wearable technology
HR technology was the talk of the town – and still is – but how about that wearable distraction on your employees wrist? No longer do people need to whip out their phones to be distracted from work. Employers have not yet taken this technology seriously, but they should start to as Schawbel reported to Forbes that he was examining studies that indicated these devices were being used to mainly track health and wellness productivity. Therefore, as more employees bring them into work, more employers should start to use them to help employees make the most use of their time. Pleasing the growing force of millennials has been a hot topic this past year, therefore employers can look at this as a chance to help recruitment and retainment.