22 March The Impact of Coronavirus on The Global Economy March 22, 2020 Articles 0 Click Here to Download The Document Related Posts 7 Trends HR Departments Need to Prepare For in 2020 Not only is the global economy changing but so are the mentalities and habits of the working people, and hence why HR have the biggest challenge in 2020! Below are some trends that HR departments ought to be prepared for, or in other terms, consider applying to keep up with the dynamic business environment. 1. AI & Automation In recent years, most of the HR departments are relying more on automation to increase the efficiency of several HR processes that would use up lots of time and resources if done manually. The automation trend will still be seen in 2020 and will continue to grow; however, Artificial Intelligence will join the game even more so in the upcoming year. “According to a study by Forrester, 53% of global data and analytics decision-makers say they have implemented, are in the process of implementing, or are expanding or upgrading their implementation of some form of artificial intelligence.” This goes without saying that some jobs that needed humans, might now be lost to artificial intelligence, such as jobs that require manual operation of machinery and ... 3 Tactical Ways to Create a People-Centric Culture A survey conducted by Glassdoor shows that 87% of employees expect their employer to support them in balancing work and personal commitments. Gone are the days where employee engagement and well-being are a nuance on the management and are only the responsibility of the HR department. It is very evident that employees’ productivity, innovation and the general atmosphere of the workplace will be negatively impacted when employees are dissatisfied and uncomfortable. Happy employees = happy employers = happy customers Below are two concepts that if applied correctly, would create a genuine and honest company culture that empowers its employees and builds a stronger workforce. Human-Centered Design (HCD) HCD is a process that focuses on the people you are planning for and creates a tailor-made solution that fits their needs. This requires a deeper understanding of the work process as well as emotional and behavioral relations. Rather than giving your employees what you think they need; it is best to understand and know what they really need either through observing their behavior and relationships with their colleagues or by asking them to ... Exclusive Partnership Thomas International, the leading global provider of talent assessment tools and the HR advisory services provider PROCAPITA, today announced an exclusive new partnership for the GCC and Middle East region. PROCAPITA is one of the most prominent HR consulting firms that provide exceptional HR advisory services to private and public organizations, as well as NGOs. As a leading firm in the MENA and GCC region, PROCAPITA operates in three key business areas: HR Consulting, Recruitment Advisory, and HR Outsourcing Services. “We are delighted to enter into a strategic partnership with the market leader, Thomas International. This partnership is clear evidence of our continued success in the GCC and MENA region,” said Mohammad Abu Al-Rob, CEO of PROCAPITA. “We believe that the successful growth and continuity of any firm relies on the quality of its employees. The employee assessment tools that Thomas International provides will surely assist our clients in identifying, recruiting, and developing the right talents.” Abu Al-Rob continued. Guy Ballantine, CEO of Thomas International, said: “We are very excited to start this partnership with PROCAPITA MENA as ... The Netflix Culture: What’s the Big Fuss About? Several articles, pretty long ones too, have been written about how Netflix has a great work culture, and how it reinvented HR years ago. In 2018, Netflix announced a record-breaking $11 billion in revenue and in 2020, it has 158.3 million worldwide subscribers. They’re clearly doing many things right, and amongst those things is HR. Not only is it one of the greatest entertainment platforms to have existed, but it also turns out that due to its articulate workplace culture, it is a place where several employees would like to be (here’s where great employer branding comes into play). Netflix, like any other company, cares to hire only the best and place a lot of value on integrity, excellence, respect, inclusion, and collaboration. However, what makes Netflix’s culture special is how much they: encourage independent decision-making by employees share information openly, broadly, and deliberately are extraordinarily candid with each other keep only our highly effective people avoid rules Furthermore, Netflix has seven aspects of its culture, and amongst those aspects are values they actually value and apply at the workplace while also looking for people ... 7 Benefits of Employee Engagement Employee engagement has become a crucial part of an organization’s sustainability. Companies are starting to realize that to make your customers happy and your business successful; you need to make your employees happy and engaged. While on the other hand, in the US alone, employee disengagement costs companies over $500 billion annually. What is employee engagement? Employee engagement is a two-way communication and commitment that is based on trust and integrity. It is an effort to enhance the nature of the relationship between an organization and its employees. This includes involving employees in decisions and meetings and making them feel as they are part of a team, and most importantly, listening to them and their suggestions. Why is employee engagement so important? Employee engagement has several benefits for both the organization and the employee. Amongst those are these 7 benefits: Higher Employee Satisfaction Higher Retention and Lower Turnover Rate Higher Productivity Higher Innovation Increased Profitability Increased Employee Loyalty Less Absenteeism Employees who are highly engaged at work not only provide greater value to the organization but they experience a ... Why You Should Benchmark in HR What is Benchmarking? Benchmarking is a systematic process that uses quantitative or qualitative data to make comparisons between different organizations or sections of an organization. It is a continuous procedure in which organizations periodically identify, measure, challenge, and improve their practices for better ones. In accordance, HR benchmarking is done when HR policies, practices, and metrics are measured and compared with those of other organizations. What is the importance of Benchmarking in HR? Knowing where you stand in the market compared to your peers is critical in order to keep you in the game whether internally or externally. If used wisely and correctly, Benchmarking can transform an organization’s HR and workforce management strategies by proving that HR practices can impact affect an organization’s performance and success. What will Benchmarking assist in? Identifying areas of weakness and how to improve them Identifying areas of strength and how to maintain them Creating strategies for improvement New or alternative ways to perform activities What can be benchmarked? It’s crucial to wisely choose what you want to benchmark as benchmarking everything may end up diluting your focus and shifting your attention ... Comment (0) Comments are closed.