• Human resource, being one of the integral parts has been affected by various trendsand it is probably for the best
• As mentioned in Forbes, in further years the choice will be simple: understand and embrace the trends, or lose your ability to compete for talent

The world of work is rapidly changing and the competition in market is gradually increasing. Companies are striving for customer satisfaction and retaining them.The way of working also does not remain same when employees change or generations change.Human resource, being one of the integral parts has also been affected and it is probably for the best.

For the HR people, understanding the implications of globalization, work-force diversity, continuous improvement initiatives, employee involvement and stuffs like these are mandatory qualities, no matter how much the trends have evolved. It is necessary for the Human Resource Management (HRM) to be prepared to deal with effects of changing world of work.As mentioned in Forbes, in further years the choice will be simple: understand and embrace the trends, or lose your ability to compete for talent.

Lots and lots of trends have been seen in HR that are totally supporting in achieving the goals of an organization such as chat bots, machine learning, artificial intelligence, outsourced recruitment and so on. And the trends are not likely to stop either.As reported by Gartner firm, human resource industry will undergo a drastic transformation in another 5 to 10 years. Some of the top trends in HR are:

1. AI and ML trends in HR

Artificial Intelligence and Machine Learning has proved its ability and applicability in every field of work. AI is also of great use in analytics in business. With the collaboration of enhanced AI/MLand HR, business can accomplish tasks very effectively in few minutes that would other require days and a lot of human effort. AI powered technologies have offered AI assistant, AI powered search, conversational chatbots and virtual bots and are useful in analytics to process large chunks of data within snap of a finger.

2. Outsourcing trends in HR

Businesses can reap a lot of benefits by HR outsourcing. By outsourcing HR to an outside agency, association, or a remote professional, many businesses (especially those businesses who are working with limited resources) can focus on the core competencies of their business. It also enables even cash-strapped businesses t hire the services of highly experienced HR professionals.

3. Diversity

Workplace diversity affects the development of interpersonal relationships, how supervisors and managers interact with staff and how employees relate to each other. Also, diversity brings variety of innovations that is a must in today’s competitive market in order to stand out from the rest.

4. More millennial

It is observed that where majority of the workforce in an organization are retiring generation, the growth of millennial workforce is regarded as a very important trend in HR. Nowadays, big companies are building their HR department in such a way where majority is millennial.

5. Flexible work culture

Flexible work schedules and work/life balance used to be considered great perks or lavish add-ons, but today they simply make business sense. This culture simply allows workers to work alternative schedules and engage in work patterns that best support their lifestyles. According to one recent study, 78% of employees feel they are more productive in a flexible work arrangement (Source: Forbes)