A new series of workplace trends will emerge in 2017 impacting HR decisions. By learning about these emerging trends and preparing for them, you can increase your chances of success in 2017. You will be able to easily evaluate which specific goals your company should pursue and how to best execute these goals including gaining insights into worthwhile investments.
To help you with this process, we have conducted a comprehensive research to determine which workplace trends you can expect to see in 2017 and how you can start benefiting from these trends.
So, without further ado, below are the workplace trends we can expect to see in 2017:
• Evolving Employment Brands
According to Pew Research, millennials are about to make up half of the workforce, and the oldest group of Generation Z born between 1996 and 2010 are now job hunting. This category of job seekers has wants and needs different from that of previous generations, care more about workplace culture such as health and wellness benefits including financial counseling services than compensation, which means more companies will make changes to improve and promote their company culture in 2017.
• An Improved Candidate Experience
Employers are beginning to see the need to take candidate experience more seriously. Poor candidate experience can result in fewer job applicants, increased turnover costs, and even reduced revenue. To avoid these outcomes, employers are eager to invest more resources into improving the candidate experience and improve their quality of hire in 2017.
• Technology Leverage
HR will leverage more technology in 2017 than ever before by adopting more integrative apps to seamlessly bring together various systems such as onboarding, training and performance management. If used strategically and successfully, they can improve employee engagement and productivity.
HR departments will also use more recruiting technology to promote their employment brands and open jobs in 2017. Analytical tools will also become more popular as HR professionals remain eager to measure and improve their ROI.
• More Workplace Upgrades
Design thinking is emerging as a new major trend in HR. Because more HR leaders are considering how they can improve their work environments, workplaces will become more flexible and future-proof in 2017. This means features like versatile work areas, modular desks, and furniture with multimedia capabilities will become more prevalent in the workplace. As employers aim to promote employee health and wellness, we can also expect to see more things like standing workstations and stress management programs in the workplace.
• Growing Gig Economy
Recently, gigs and independent jobs are gradually on the rise and becoming popular. The gig economy almost doubled last year, and this quick growth is expected to continue in 2017. In fact, according to an Intuit research, gig workers will make up over 40% of the workforce in the coming years.
A lot of employers will take advantage of this emerging trend in 2017 because of the several benefits it offers.
Firstly, the gig economy offers employers the opportunity to hire experts for services that aren’t needed on a regular basis and this can help them reduce associated costs associated that comes with hiring full-time workers such as providing long-term employee benefits. Secondly, the gig economy gives companies the freedom to easily and swiftly scale their workforce up or down to meet varying business demands.
We can confidently say that these five workplace trends are what we can expect to see throughout the year 2017. If you keep these workplace trends expected in 2017 at the top of mind during your workforce planning, your Human Resources department will be greatly advantaged and can become more successful leveraging on the above trends.