As the nature of the workplace continues to shift and change in 2023, we have identified the top 4 HR Trends that will play an important role in determining HR initiatives this year.
These trends are based on our rich experience engaging with various organizations and employees over the past few years. And recognizing the expectations and needs of the current market.
Take a look!
1. Upskilling, Reskilling, and Quiet Hiring
As organizations face a global recession in 2023, one of the top HR trends is going to be improving employee productivity. This points towards increasing the current employees’ output while minimizing hiring costs.
To enable this, organizations will have to renew their focus on people development, starting with the managers. Upskilling and reskilling managers will be key in 2023. Especially as managers will be the main drivers of team productivity and satisfaction in today’s challenging workplace scenario.
In addition, quiet hiring is going to become an HR standard. It will mean recognizing your employees who go above and beyond and providing them with relevant incentives to take up new responsibilities. Do note, this will need to go hand-in-hand with their career goals so as to not create resentment or reduce motivation.
Quiet hiring will also mean that more gig workers will be onboarded for short projects.
All in all, 2023 will be the year for organizations to optimize deliveries by motivating and equipping their internal talent with the right skills and resources.
2. DEI across Employee Lifecycle
In 2022, several organizations accelerated their efforts to become diverse and inclusive employers. But there is a long way to go.
Most HR teams focus their DEI efforts on the recruiting stage. But we believe, 2023 will be the year to map out diversity and inclusion initiatives across the employee lifecycle. Making it a top HR trend for this year.
There exist plenty of opportunities for DEI initiatives to be implemented across key employee moments: from onboarding, development, and performance appraisal to creating positive everyday experiences. However, these will have to start with setting the right DEI metrics that can guide an accurate understanding of diversity, inclusion, and overall employee satisfaction within the organization.
Diversity and inclusion will continue to be important considerations for employees. This is why, incorporating DEI throughout an employee’s lifecycle will be an important HR consideration, and positively impact the employer brand.
3. Focusing on HR
The HR community has been a resilient force over the past few years, leading organizations and their people through significant upheavals. But for this to continue, the focus needs to shift toward the HR team.
In 2022, many employees faced burnout as a result of juggling remote and hybrid work, your HR team may have dealt with the worst of it. Reports suggest, 98% of HR professionals are burnt out. As a result, feeling stressed, overwhelmed, and out of control has been the experience of several HR professionals who have had to tackle major workplace issues independently.
We understand it has not been easy. This is why in 2023, we believe that HR teams will have to prioritize their own training and well-being. And this will mean:
- Engaging them in a relevant manner
- Recognizing their efforts on an organization-wide level
- Providing them with the right training and resources to address new challenges
- Championing their health & well-being
4. Becoming a Purpose-driven Organization
Talent today is increasingly considering the employer’s purpose, which has quickly become a key differentiator in a highly competitive market.
As such, organizations will have to recognize the purpose that aligns with their brand identity, reflect it in their policies, initiatives, and day-to-day experiences, and strengthen it with internal and external brand communication.
We believe this to be the most impactful HR trend of 2023, urging the need for conscious and dedicated efforts to become a ‘purpose-driven’ organization.
Some major considerations for organizations can be elements like flexibility, well-being, inclusion, empathy, and openness. These factors align with the expectations of today’s talent and what they seek from their employers. Further helping create employee experiences that are relevant, engaging, and effective.
We strongly believe that these 4 trends will enable HR teams to create opportunities for limitless growth for their organizations in 2023.
If you wish to discuss similar transformations for your organization, get in touch with us at email@example.com.