What Are The Biggest Challenges Facing Human Resource Management?

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When it comes to the smooth operation of any organization, human resource management can either make or break a workforce.

While modern workplace practices and policies are more attuned to the needs of employees, there are many challenges that threaten effective human resource management.

From the growing complexity of employee needs to the demand for personalization, HR managers need to be adept at navigating certain obstacles in order to equip a workforce with the skills and resources it needs to succeed.

Continue reading our post to discover the biggest challenges facing human resource management and the solutions that may be entirely effective in solving these!

Effective and engaging workforce training

Workforce training is an important part of many HR managers’ long-term duties. Yet, many employees are leaving their workplaces, nowadays, due to the lack of continuous learning; a problem easily rectified by more meaningful training.

Now more than ever, highly relevant and personalized content is crucial to increasing engagement and learning in the office.

Beyond newer and more innovative strategies like gamification, which refers to the application of gaming techniques to learning opportunities, HR managers are also flocking to psychometric platforms for training insights. These platforms provide trainers with insights on specific individuals and teams, allowing them to identify content that will help them perform better in the workplace.

Recruiting the right talent

Another stumbling block for human resource management is the reliability of the recruitment process. With candidates amassing qualifications and presenting employers with an array of skills and talents, how can the right candidate be chosen?

While many HR managers focus on choosing the best candidate, the key to long-term employee satisfaction and engagement lies in picking the right people for the right jobs. But how is this done? How can employers discover the hidden skills and talents employees possess?

By unrolling an insight-driven psychometric test at the recruitment stage, employers are able to settle on applicants with attitudes, skills, and communication styles that complement the rest of their team. With the use of these tests, it’s also easier to identify skills and mindsets that are otherwise not discoverable through a CV screening or even an interview.

Long-term employee retention

Did you know that more than 50% of all organizations, globally, have difficulty retaining some of their most valued employee groups?

Unlike the past, when employees valued stable jobs and a decent income, younger segments of the workforce value a completely different set of priorities. With their motivations being strongly rooted in transparent and ethical workplaces, and the need for engaging and meaningful employment, HR managers often have a hard time retaining skilled staff.

Given this reality, identifying employee needs and meeting them well in advance, may help employers maintain a satisfied workforce.

In addition to creating the right working environment and perhaps, offering flexible working arrangements – all in line with an employee’s or team’s specific needs – retention is no longer nightmarishly difficult.

Settling on the right compensation structure

Another challenge HR managers face is settling on the right compensation/reward structure. Apart from base salaries, many companies believe in rewarding hardworking employees. In order to do this in a fair and objective manner, however, the right compensation structure needs to be set in place.

While many attempt to follow a one-size-fits-all model, this is often the cause of many problems. Customized KPIs, on the other hand, which reward a specific employee’s specific efforts, is the right way forward.

Apart from the type or volume of work undertaken, HR managers can now inculcate the right workplace attitudes and behaviors by rewarding certain types of skills development, including improved communication skills, better teamwork, and increased learning.

Personalized human resource management is the future of work

As employees start demanding greater recognition of their individual skills, job experience, and effort, there is a growing demand for personalization within human resource management.

Here, lies the solution to many of the challenges highlighted above. The question that remains, however, is how do HR managers tailor their processes and policies to the needs of each employee?

Fortunately, that’s the easiest part. By implementing an effective and comprehensive psychometric platform – that can be unrolled at recruitment, for training purposes, and for long-term HR management – HR professionals now have the insights they need to completely revolutionize the workplace.

Author: Raghu Misra