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December 6, 2011

What’s in Store for 2012: 5 Trends in HR You Should Know About

Filed under: Benefits,Compensation,General HR Buzz12:03 pm

For a while during 2009-2010, I went for weeks not watching the news to avoid another story about unemployment, foreclosures, and the “R” word, recession.  Today’s “R” word has shifted to “recovery,” but many of us are still unsure.

Today, the Society for Human Resource Management (SHRM) released the 2012 HR Trend Book.  The guide covers every area of HR.  Here are some of the highlights:

Compensation and Incentives

Rewards program alignment with strategy – Compensation and rewards should be part of strategic planning, not created after the fact.

Benefits

Healthcare costs – As costs are expected to rise 7.2 percent in 2012, companies will continue using different strategies to contain spending: cost-sharing, value-based plan designs, and consumer-directed health plans.

HR Technology

The cloud – If you don’t know much about it, now is the time to learn.  The cloud will become increasingly preferred as well as software-as-a-service (SAAS).

Staffing Management

What’s your brand? – Increased focus on candidate care and the user experience for companies’ applicants.

Education and Development

Talent profiles – Data comes from recruitment, payroll, learning management, performance management and HRIS into one profile.  Companies will see at-a-glance a picture of employees’ skills and work history.

 

Have you read the 2012 Trend Book?  What are your goals for 2012 in HR strategy?

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