With more and more companies embracing flexible work arrangements, it's likely that even more employees will be working from home in the next few years. "One of the biggest HR trends of 2023 will be the continued rise of remote work. READ: 4 Retention Strategies for the New Normal Make It the Year of Flexibility We’ll also need to focus on creating a positive work environment and offering competitive benefits packages." -Johannes Larsson, Founder and CEO, I’m preparing for this trend by ensuring that our HR policies and practices are aligned with our company's strategy and goals. They’ll therefore invest more in employee development and engagement programs. Companies will increasingly recognize that it is more cost-effective to invest in retaining existing employees than to constantly recruit and train new ones. With the economy slowly recovering from the pandemic, companies will be more worried about losing their top talent to competitors. "I think one of the biggest HR trends of 2023 will be a focus on employee retention. They may not be open to seeking help from peers and their manager, but at least you made it known that you have provided it for their use at any time in case they need counseling and therapy." -Debbie Meeuws, Owner and CEO, Nature's Arc Organic Get Your People to Stay A part of our employee benefits includes a health care plan that encompasses mental health services. To prepare for this, we have already slowly implemented a few programs. If you want to hire quality talent, you must attract them with quality compensation, which is why wellness programs that prioritize employee health, happiness, and contentment will be a big deal in the future. Employee wellness will be emphasized more because it’s one of the factors that applicants prioritize when looking for a job. "One of the biggest HR trends of 2023 will be the initiatives to counter or avoid employee burnout. READ: What Is the Metaverse for HR? Put Out the Fire to End Burnout To employ technology effectively, our HR ensures healthy metaverse working procedures by creating new hybrid working policies and training leaders through sessions on how to lead in this unique, upcoming setting." -Shaun Connell, Founder, Writing Tips Institute The small number of companies that have begun to take advantage of the metaverse's possibilities will have more modern employer brands, more exciting interactions with remote applicants, and even be able to increase productivity. The metaverse makes it possible to reimagine a creative, collaborative, and productive world without being restricted by physical conventions. This suggests that some of these initiatives, such as virtual events, employee onboarding, career fairs, and meetings, will be launched by the biggest companies in this field in 2023. According to Gartner, 25% of people will spend at least one hour daily in the metaverse by 2026. Raise salaries to keep people afloat or hold back because the possibility of a recession may erode profitability? For those companies who can't raise salaries to match inflation, benefits are going to become even more important.Ĭrucially though, employers may not need to introduce new benefits, just to communicate better about existing ones.2023 may be the year that HR seeks to make benefits communications louder through a multichannel communications strategy that reaches every worker, no matter where they are." -Scott Hitchins, CMO, Interact Software Meet in the Metaverse One of the biggest questions for HR and senior leaders is going to be what they do on staff pay in response. Rising inflation, utilities prices, and the possibility of economic recessions are all combining to introduce doubt about the next 12 months. "Many employers face an uncertain future in 2023. There are many ways to gamify your HR program, but one of the most important things to keep in mind is that you need to make sure the games you create are fun and challenging." -Antreas Koutis, Administrative Manager, Financer Become the Great Communicator Gamification can also be used to engage employees in learning new skills or knowledge. It’s the use of game-like elements in non-game contexts, such as using points, badges, and leaderboards to encourage employees to achieve their goals. "Gamification is one of the biggest HR trends of 2023. Join HR Exchange Network today and interact with a vibrant network of professionals, keeping up to date with the industry by accessing our wealth of articles, videos, live conferences and more.
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