Human Resources Role in Future Business Challenges
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Transcript of Human Resources Role in Future Business Challenges
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Human Resources Role in Future Business Challenges
The Next Decade Will Be CriticalBy
ROGER ZUCHProfessional Human Resources Consultant
Another Great Zuchini
Presentation
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THE CHALLENGES WHICH MUST BE CONSIDERED
• AGING WORKFORCE• TALENT CRUNCH• TECHNOLOGY • COMPLIANCE ISSUES
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AGING WORKFORCE
• The Baby Boom Generation is Retiring• The Knowledge and Experience Bank is
Dwindling• The Senior Positions in Organizations,
especially Leadership roles, are Being Vacated
• The Cultural Perception of “Work” is Being Re-defined
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TALENT CRUNCH
Source: U.S. Dept. of Labor
Workforce Today
Boomers Gen X Millennials
Workforce 2025
Boomers Gen XMillennials
50 Million Fewer
Workers Available in
2025
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TECHNOLOGY
• College Grads Expect Employers to be Tech-Driven (What do you mean I have to get my hands dirty?)
• Technology Can Require Short Term, High Cost Investment
• The “Paperless” Way of Doing Business Has Resulted in Information Overload
• Older Generations Resistant – “If it ain’t broke...” Mentality
Data Cloud
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COMPLIANCE ISSUES• “I’m from the Government and I’m here to help.” • ACA and the Future of Healthcare• Affirmative Action – Returning Vets, Glass Ceiling, ADA, Age
Discrimination• NLRB – Unions Pushing for Comeback• OSHA – Safety Needs to be First, Not an Afterthought• FLSA – Who’s an Employee? Who’s Exempt? Equal Pay
Practices
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THE ROLE OF HUMAN RESOURCESWITH THE AGING WORKFORCE
• Easing Transition into Retirement• Preparing Replacements (Succession Planning/Mentoring)• Accommodating Disabilities• Assisting transition to Medicare• Training in New Technology• Realigning Thought Processes Regarding Work Culture
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THE ROLE OF HUMAN RESOURCES IN ATTRACTING TALENT
• Increased Competition for Talent• Increase Sources and Build Working Relationships with
Schools and Agencies• Focused Internet Searches• New Generation Expectations re: Compensation/Benefits• New Level of Expectations Regarding Work Environment• Opportunities for Learning• Opportunities for Advancement (Attractive Career Paths)• Work / Life Balance
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THE ROLE OF HUMAN RESOURCES IN RETAINING TALENT
• Guard Against Raiders Due to Increased Competition for Talent
• Recognition / Rewards / Compensation / Bonuses –Share the Wealth
• Performance Management – Individual and Company
• Keep up with Competition’s Technology • Opportunities for Growth / Succession Planning• Increased Value of Benefits as Seniority Increases
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THE ROLE OF HUMAN RESOURCES IN A NEW TECHNOLOGY WORLD
• Use Technology to Find New Recruits• Help Employees Use Technology for
Benefits and Other HR Functions• Implement and Take Advantage of
Capabilities of a Robust HRIS• Arrange Classes for “Tech-Challenged”
Employees• Advise Management of Next
Generation Technological Expectations
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THE ROLE OF HUMAN RESOURCES IN MAINTAINING COMPLIANCE
• Keep up with Government Alphabet Soup (ACA, ADA, AA/EEO, OFCCP, FMLA, FLSA, ERISA, OSHA, etc.
• Work with Agencies and Corporate Attorneys on Questionable Issues
• Maintain a Bank of Resources on Where to Get Answers or Assistance
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HUMAN RESOURCES:BUSINESS PARTNERS, NOT JUST PAPER PUSHERS
• HR Needs Awareness on Company Goals and Strategies
• HR’s Input on Strategic Planning Can Be Critical
• HR Personnel Need Freedom to Continue Education as Professionals
• HR Involvement in Human Resources Organizations is a Must
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HUMAN RESOURCES
We’re Here to Help
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HUMAN RESOURCES ROLE IN FUTURE BUSINESS CHALLENGES
By
ROGER ZUCHProfessional Human Resources Consultant Another
Great ZuchiniPresentation
THANKS FOR WATCHING
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rogerzuch