Human Resources Over the Next 10 Years
Human Resources Over the Next 10 Years Challenges in HR Retaining and rewarding the best employees (59%), developing the next generation of corporate leaders (52%), and creating a corporate culture that attracts the best employees to organizations (36%). Challenge in Organizations About two-fifths (43%) of HR professionals indicated that obtaining human capital and optimizing human capital investments will be the biggest investment challenge. Talent Management Tactics The top four responses were providing flexible work arrangements (40%); creating an organizational culture where trust, open communication and fairness are emphasized and demonstrated by leaders (37%); providing employees with opportunities for career advancement (26%); and offering a higher total rewards package than organizations that compete for the same talent (26%) Future Workforce The majority (69%) of HR professionals expect their organization to have a larger workforce in 10 years, just over one-half (54%) indicate that their use of contract/temporary employees will not change, and 29% expect a growing proportion of contract/temporary employees. HR Competencies Over one-third of HR professionals think that the four most critical competencies in 10 years will be business acumen (42%), organizational leadership and navigation (40%), relationship management (37%), and communication (35%). Source: http://www.shrm. org/ Compiled By: http://allbusinessservices. blogspot. com/
Human Resources Over the Next 10 Years
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