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Turn Top HR Worries into Strategic Assets

April 20th, 2006

The looming talent shortage requires new workforce management strategies.

  • Managing talent
    Rethink productivity approaches – move strategy into project and team models of efficiency. Hire better using assessments.
  • Rising health care costs
    Providing cost-effective health care will help you be competitive as well as keep talent.
  • Linking pay to performance
    Focus on the development of balanced and efficient teams, make sure everyone understands where the fit into the big picture, reward performance.
  • Employee demands for flexible work schedules
    Working where and when they want to is possible with a project-based approach.
  • Telecommuting
    More and more in demand for Gen X and younger. Optimize communication networks to make it possible.
  • Growing demand for more time off
    Time allowed to “recharge the batteries” is a powerful incentive, and can be tied to productivity.
  • Lower HR staff-to-employee ratios
    Fewer staff will have more to handle, so strategize now to streamline procedures, and use validated multi-use tools for the life cycle of the employee.
  • Workplace privacy issues
    Transparency, ethics, and open discussion will be assets. Collaborate on policies to protect company interests while also limiting invasions of employee privacy.
  • Employee demand for customized employment relationships
    Start development of new niche worker arrangements.

(top worries based on the SHRM “Workplace Forecast: A Strategic Outlook.”)

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