Human Resource Trends for 2007
Based on SHRM’s Workplace Forecast 2006-2007 Executive Summary
In reviewing SHRM’s Executive Summary, I mirror on sure developments in Human Resource Management that appear to strongly impact not simply the world of enterprise however our society. Let me quote from this abstract to report the Top Ten Trends in Human Resource Management for 2007:
1. “Rising health care costs.
2. Increased use of outsourcing (offshoring) of jobs to other countries.
3. Threat of increased health care/medical costs on the economic competitiveness of the United States.
4. Increased demand for work/life balance.
5. Retirement of large numbers of “Baby Boomers” (those born between 1945 and 1964) around the same time.
6. New attitudes toward aging and retirement as baby boomers reach retirement age.
7. Rise in the number of individuals and families without health insurance.
8. Increased identity theft.
9. Work intensification as employers try to increase productivity with fewer employees.
10. Vulnerability of technology to attack or disaster.”
This Executive Summary was produced by SHRM for its 140,000+ members and who gathered this data from many HR sources and surveys. (SHRM is the Society for Human Resource Management.)
The report goes on to element different most important points which have turn into widespread to HR professionals comparable to: worker retirement advantages, labor shortages, retention of key personnel, financial uncertainties, labor negotiation, cross cultural understanding, authorized obligations and worker rights, international enterprise practices, and lots of different household, work, and societal developments.
This is aggravating for HR professionals, different managers, and in your personnel. The approach I learn this report (from my place as a stress administration coach, advisor, and coach) is that the elevated tempo of change and the getting old of the workforce has pushed urgent concerns for managing stress within the office. Un-managed stress contributes to detrimental challenges in well being care prices (points #1, #3, #7), work life stability (#4), retention (#5, #9, #4, #6), and lowered ranges of productiveness (#9, #4.) Insecurities and threats from international pressures will not be points which stress high administration, these are considerations of many HR professionals and many individuals in our work power.
While it might past our capability to manage main international developments and even adjustments inside our society, we are able to develop methods to manage the best way we, and our workforce, responds to those pressures. We can handle change by main change in essentially the most constructive methods. We can keep away from utilizing “denial” as a instrument to place off the wanted trainings which can be important for financial well being and elevated productiveness in enterprise. So let’s take our “heads out the sand” and transfer ahead by addressing these points and never simply reacting to the aftermath of detrimental conditions.
Be a frontrunner and assist develop the methods that your group requires to reduce the stress of those inevitable developments upon our personnel and productiveness.
Consider studying extra about:
Change administration… Leading Inevitable Change and Transitions in Positive Ways
Stress Management for key people, groups, and your group
Building Effective Retention Strategies
Work Life Balance and Quality of life packages (retention and well being care value management)
Health care value containment
Wellness as an necessary profit for well being care value containment and as a retention technique
Enhancing Productivity of your workforce by eradicating distractions
Whether your group is giant or small these developments will have an effect on you. If your corporation is in: healthcare, finance, manufacturing, transportation, human companies, schooling, expertise, authorities, or retail, you have to to deal with how adjustments in our world and our society affect your workforce. Even although you could really feel overwhelmed by these developments, it can save you money and time whereas growing productiveness by serving to to create methods that can help your managers and your personnel to reply in essentially the most constructive methods.
Along the best way, please take excellent care of your self.