Recent Trends in Human Resource Management

As with any other disciplines, Human Resource Management also received many changes.

1. Change from employee engagement to employee experience – providing the best experience. 
   • Delegation, participative management, work teams, employee training, empowerment etc. 
   • Telecommuting – work from home.
   • Customized employment arrangements based on requirements and contributions. 
   • Continuous improvement programs
   • Health insurance
   • Wellness clubs and fitness centers
   • Team outings
2. Digitalization of HRM
   • Mobile applications for various processes like job requirement announcements, applications, attendance tracking etc. 
   • Online cloud based HR management tools (SaaS tools) – faster updates, mobility, flexibility, innovation, decrease in cost etc. 
   • Standardisation of data
   • Evolving of internet – online training, interviews etc 
   • Improving the overall speed of the processes 
3. Involvement of AI in HRM
   • Use of analytics to gain data-driven insights into the workforce trends.
   • Use of predictive algorithms to make hiring decisions and management of workforce. 
   • Use of chatbots. 
4. Change from qualified workforce to skilled workforce
   • Changing technologies demand skilled workforce
5. Change from permanent workforce to gig workforce – short term job and freelancers.