As with any other disciplines, Human Resource Management also received many changes.
- 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
- 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
- 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.
- Change from qualified workforce to skilled workforce
- Changing technologies demand skilled workforce
- Change from permanent workforce to gig workforce – short term job and freelancers.
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