Article

Today’s Emerging HR Approaches

Topic: Business DevelopmentPublished March 14, 2018
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Oceanic Pharmachem Private Limited (OPPL) believes that being abreast of the latest trends in HR helps shapernand optimize a fruitful work culture.rnReach, conversion, and loyalty - which are essentially marketing terms – are now being applied torninternal customers, the employees. HR professionals don’t have to choose between focusing theirrntime on building individual relationships with each employee versus finishing up paperwork. People &rnprocesses are fast coming together and technology lets candidates & employees take control of theirrnown journey.rnThe current strategies and trends which are helping leverage HR goals across the industry are:rnContinuous feedback for more personal growthrnFeedback reviews are changing as more employees report being uninterested in performance reviews.rnEmployees can receive feedback twice a week, with more corrective reviews, which is far morerndesirable and constructive than any form. It is important that they know what specifically went rightrnand what could be improved for next time. Professionals want career advancement, with properrndirection.rnBringing learning online and across the organizationrnContinuous learning is going to a hot trend as HR leaders increasingly recognize the need to overhaulrnlearning and development opportunities for their employees. Digital training through learningrnmanagement software (LMS) is an attractive option because it gives HR teams the ability to measurernemployee productivity through data. It also makes for a more collaborative experience since variousrndepartments across the organization supply learning content.rnUnique benefits to stand out in the job marketrnEmployers are steadily offering unique benefits to attract new talent. Insurance, Medical Assistance,rnLoans, Child Education are some of the benefits that are included. Once considered as extravagantrnexpense, this is slowly being standardized.rnFocusing on wellness beyond the officernHR departments are recognizing the value of work-life balance. Specifically, many companies arernputting policies in place that limit checking email while out of the office and working while on paidrntime-off (PTO). They are trying to be proactive about encouraging people to use more PTO and tornactually stay offline during the period.rnAlleviating work stressrnHR departments are also looking at ways to mitigate stress in the office. Personal and financial stressesrnhave always crept into the workplace, hence companies are now taking the initiative to helprnemployees manage them. Salaries can’t just keep on increasing, and health benefits costs are hurtingrnthose budgets, so more and more companies are working financial and mental health into their regularrnwellness programs.

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