Globalization and digitization are reshaping workplaces, workforces, and work itself. This means organizations as a whole, and in particular HR departments, are undergoing a significant transformation. This three-part series examines the HR trends revolutionizing the modern office environment—and how your company can adapt to, and even harness, these times of change.
The previous installment discussed millennials and the technologies they are helping to introduce to the workplace. Part 2 examines the modern lifestyles and shifting attitudes toward work that are influencing how HR departments manage talent.
A Humanistic Approach
As society on the whole becomes increasingly forward-thinking, traditional working practices are falling out of favor. More and more employers are coming to appreciate the value of “working to live” rather than “living to work”. And in Sweden, recent trials of the six-hour work day have proven successful.
Despite these changes, it is not necessary for companies to completely rethink their strategies regarding talent management. However, adopting a more modern outlook and accommodating their workforce’s needs can help organizations optimize contribution and achieve better results.
Fair and Flexible
It is estimated that almost half of all UK employees crave greater flexibility in their jobs. And in a survey conducted among a small cross-section of the same demographic, 74% cited work-life balance as the main reason to work more flexibly.
The benefits of catering to these desires are numerous. Allowing staff a degree of freedom over when, where, how, and for how long they work can maximize their performance and engagement. Meanwhile, affording employees more downtime means they are able to rest sufficiently and balance work and family life. This boosts their energy levels and happiness, making them more productive and ultimately more loyal.
After all, employees are humans and not merely resources. In today’s climate, profit should be secondary to compassion. Enterprises that show consideration for people, relationships, and the environment are more attractive to potential employees and more likely to retain their best talent. This approach pays dividends in the long run.
Greater Diversity, Better Results
Another feature of modern society that can prove beneficial to businesses is growing diversity. Companies that embrace differences in age, culture, and gender profit from a greater variety of skillsets, characteristics, and attitudes. In fact, 85% of corporate executives agree that a diverse workforce helps drive innovation.
Yet ensuring your enterprise’s ongoing success involves more than assembling a heterogeneous team. Organizations have to identify the right individuals to match their objectives. After onboarding, they must continue to gauge and optimize their employees’ performance using modern technologies. Find out more in the next and final installment.
Or for a concise overview of the most current HR trends, take a look at this itelligence infographic.
 “Global Diversity and Inclusion: Fostering Innovation Through a Diverse Workforce”, Forbes Insights