Friday, September 14, 2007

HR Trends

My thanks to Fred Lange - HR Architect for this nougat ...

A roundtable for a group of execs met recently to discuss HR trends.
The following is a result of that meeting, 30+ conversations with
other HR execs and some recentpublications.

What are their top concerns ?

Healthcare Costs – Group Ins. anticipated annual rate increases 15-20%
Productivity – Connecting Profitability to People (doing what matters)
Balance – Increase in Work/Life Demands – 24/7 access
Graying – Retirement of Large Numbers of Baby Boomers
Workforce of the Future – Euro/Asia/America Economy
Talent – finding the skilled workforce (US workers 70% in companies
of less than 100 employees)
Ethics - Social Responsibility, Ethics, Capitalism (China & Brazil
challenge capitalism rules/regs)
Green - Man versus Earth, Green, Sustainability

Interesting side bar, more than half the HR execs said they were
working on increasing the "purpose" profile of their business in
their employment branding in response to boomers and Y'ers demand/
interest in finding companies that serve a purpose. (e.g., three
bottles of wine to choose from and labels read: first choice -- the
ingredients; second choice – the bouquet of flavors; third choice –
founding brothers contribute ¼ profits to breast cancer in response
to the loss of their beloved mother. Boomers and Y'ers take third
choice, and if it taste okay, they will buy more).

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