It’s that time of year again. Yes, of course, the holidays. But in the business world, it’s that time where we reflect on the months past and set goals and priorities for those that lie ahead. Like all areas of business, the realm of human resources is evolving fast. Changes in technology and society as a whole, place HR executives in a dynamic position where they must balance the risks people bring to an organization with the well-being of the people whose work will determine the organization’s success.
Our latest infographic spotlights 9 key HR trends that will impact hiring and retention in 2019. Here are some highlights:
- HR is at the Risk Table – As Daniel Chait, CEO and Co-Founder of Greenhouse remarks, “It’s no surprise that the biggest and most successful companies in the world have invited HR to sit at the table.”
- The Gig Economy is on the Rise – The Bureau of Labor Statistics predicts that by 2027, more than half of the U.S. workforce will consist of contract workers.
- Workplace Violence is a Real Risk – Over 20 years of FBI data, shows the incidence of active shooters is on the rise.
- HR Must Understand Individualized Assessments – Federal, state, and municipal Fair Hiring laws increasingly mandate individualized assessments.
- Ban the Box is Continuing its Momentum – According to the National Employment Law Project (NELP), three-fourths of the U.S. population lives in a jurisdiction that has banned the box.
- FCRA-Based Class Action Lawsuits Continue to Roll – Lanette Suarez on Law.com underscored the issue in writing, “A new wave of class action lawsuits are based largely on technical violations of the Fair Credit Reporting Act (FCRA).”
- Legalization of Cannabis Creates New HR Concerns – So far, 9 states plus D.C. have legalized recreational and medicinal marijuana for residents over 21 years of age.
- The Opioid Epidemic Continues Wreak Havoc on the Workplace – An alarming 70 percent of employers reported that their business had been affected by prescription drug abuse.
- Occupational Fraud Remains a Prevalent Risk – Weak internal security was responsible for almost half of the fraud instances in the 2018 ACFE Report.
Take a look at the full “HR Hot Topics” infographic here: