human resources role in future business challenges
TRANSCRIPT
Human Resources Role in Future Business Challenges
The Next Decade Will Be CriticalBy
ROGER ZUCHProfessional Human Resources Consultant
Another Great Zuchini
Presentation
THE CHALLENGES WHICH MUST BE CONSIDERED
• AGING WORKFORCE• TALENT CRUNCH• TECHNOLOGY • COMPLIANCE ISSUES
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
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
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
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
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
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
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
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
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
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
HUMAN RESOURCES
We’re Here to Help
HUMAN RESOURCES ROLE IN FUTURE BUSINESS CHALLENGES
By
ROGER ZUCHProfessional Human Resources Consultant Another
Great ZuchiniPresentation
THANKS FOR WATCHING
Contact through Linked In athttps://www.linkedin.com/in/
rogerzuch