A revolution of the workplace is underway! As technology evolves and generational priorities shift, HR strategies must continuously adapt. We compiled this 2024 trend report to help your organization prepare for the changes ahead and leverage emerging developments. Aligning your people operations today sets the foundation to thrive tomorrow.
Top 2024 HR Trends:
AI-Enhanced HR
Research shows that in 2023, about 68% of employees wanted their employers to use more AI technology. In addition, 56% of employees already use AI daily. Repetitive admin tasks are handed off to robots while AI provides insights, allowing your team to focus their efforts on more strategic projects.
Hybrid Work Models
Blending on-site and remote options will become standard as employees demand flexibility. In fact, a staggering 98% of workers in 2023 expressed the desire to work remotely, at least part of the time. Ensure hybrid policies align with your culture to increase employee satisfaction and boost retention.
People Analytics
A survey by HR.com found in 2023, 41% of respondents say their organization is somewhat effective or not effective at all in their use of people analytics. HR decisions will rely heavily on data and workforce metrics like satisfaction, capability, productivity, and predictive turnover rates rather than intuition alone—track engagement alongside performance to double down on talent strengths.
Candidate Personalization
One size fits none. Recruiting processes may evolve to better understand the candidate through models matching both hard skills and values compatibility with current top talent. A prime example includes Salesforce’s trait mapping. Integrating an advanced Applicant Tracking System (ATS) further amplifies this trend, offering businesses a streamlined approach to identify and connect with top talent efficiently. The result? A more precise recruitment process that not only saves time but contributes directly to the strategic growth and success of the organization.
Continuous Learning
By 2025, millennials will comprise 75% of the workforce. Most millennials value continuous learning and development, so it will be essential to foster an engaging, proactive, and educational environment to retain top talent in your workforce. By investing in your employees’ professional development, you’re also investing in attracting and retaining top talent.
While rapid progress creates new HR complexities, it also unlocks immense opportunities to empower people and organizations. Let’s connect to explore how these rising trends apply to your 2024 readiness plan. The future of work is here!