The Top 5 HR Business Trends to Watch Out for in 2021
The COVID-19 pandemic has resulted in significant changes in the way businesses and organizations operate. In 2021, HR trends are expected to focus on employee health and wellness, remote work, and using technology to streamline operations. Here are the top five HR business trends to watch out for in 2021:
1. Increasing Focus on Employee Health and Wellness
The pandemic has highlighted the importance of employee health and wellness. Employers will be prioritizing employee health and wellness to minimize the spread of the virus and address other health concerns. This may include enhanced workplace safety measures, mental health support, access to wellness programs, and sick leave policies that support employee health.
2. Expanded Remote Workforce
2020 introduced many companies to remote work, and that trend is expected to continue to grow in 2021. While there are some challenges to managing a remote workforce effectively, the benefits, including cost savings, broader talent pool, and increased employee satisfaction, make it a trend to watch out for in 2021.
3. Diversity, Equity, and Inclusion (DEI) Initiatives
In 2021, HR is expected to focus on diversity, equity, and inclusion initiatives in the workplace. The events of 2020 sparked a renewed commitment to DEI and organizations are committed to making meaningful progress in this area. Employers will focus on creating a culture of inclusion and diversity at all levels of the organization.
4. Emphasis on Learning and Development
Learning and development have always been critical for employee engagement and retention. In 2021, the focus will be on upskilling employees to maintain business continuity and prepare for the future of work. Organizations will invest in training programs, mentorship, and coaching to help employees improve their skills and advance their careers.
5. Leveraging Technology to Streamline HR Operations
The pandemic has accelerated the adoption of technology in HR operations. In 2021, more companies will use technology to automate and streamline HR processes such as recruitment, onboarding, and performance management. HR professionals will use data analytics to better predict employee needs and optimize HR operations.
2021 is going to be a year of change and adaptation for HR professionals. The trends of employee health and wellness, remote work, DEI initiatives, learning, and development, and technology will likely shape the HR landscape. Organizations that stay ahead of these trends are poised to thrive in this rapidly changing business environment.