Source | The Hindu : By Prithvi Shergill
Five trends are going to have major play in the human resources profession in particular and people practices in general in 2016. In this calendar year, not only do we expect more CEOs, HR heads and middle managers to talk about the impact of these trends on their lives but also individual employees, as their careers will be equally shaped and impacted by them. Let us turn our attention to a few trends.
Fundamental shift in the organisational face: changes in the workforce mix
Depending on the geography organisations operate in, HR professionals will see both a ‘silver tsunami’ of retiring baby boomers who constitute the grey generation, and an increasing flood of talent, with nearly half the global workforce by 2020 being from the millennial generation. The confluence of the generational mix and the proverbial war of talent to attract and retain talent will require organisations to proactively invest in shaping a culture that provides the licence to ideate and autonomy, builds mastery and employability, and creates an experience that is underlined with a sense of purpose and transparency, which is what the employee of choice is looking for.