Top Employee Development Trends | Workforce Development | Executive

Top Employee Development Trends in India. Latest methods for workforce development.

What’s new? Right from clothes, music, and food to education, people make decisions based on current trends. Even, business leaders follow economic and market trends to stay ahead of the competition. Employee Development and Workforce Development also need to be considered on similar lines.

What are the latest trends in Employee Development and Workforce Development in India?

The 2018 Deloitte Global Human Capital Trends finds a profound shift in the global business landscape. HR leaders may focus on the points mentioned in this article, to identify great talents, nurture them, and develop a healthy and progressive workplace.

  1. Skill Development: With the advent of science and technology, the world today runs at a bullet pace. To keep up with this change, developing your skills is a constant demand for modern enterprises. Upskill and reskill to keep yourself up to date with the latest trends. Promote a learning environment in your organisation. Experiential skills are desirable, but learning about innovations and researches are highly in demand now. Organise training workshops for your employees to prevent them from becoming redundant. Conduct assessments and tests for recruits to see if they have a sound understanding of the latest developments. This may not always be in tech. You may ask them to participate in discussions or solve hypothetical situations with research-based knowledge that’s evolving at present. It is necessary to have an understanding of what might be introduced “tomorrow” to stay ahead of the rest.
  2.  Online Education: With the trend of re-skilling of employees, online training is the best fit for your employees. A millennial is enthusiastic about such training and organisations are using this technique effectively. There are many good e-learning platforms such as Udemy, Coursera, edX, etc. where reputed universities and institutions including IIMs, Harvard, offer a series of certified programmes on a variety of topics. You can choose based on your market and organisational requirements. Distance education courses are available from Sikkim Manipal University, NMIMS, etc. which allow working professionals to select their timings and study when they can. They also have examinations generally on weekends, which are an added advantage.
  3. Chatbots: 2019 will see a rise in HR Chatbots because automating monotonous HR tasks will help your HR professionals to focus on strategic activities. This would also keep your employees motivated. Chatbots can also go beyond resume screening activities; the scope is vast. Artificial intelligence, augmented reality technologies are used to create fun and attractive interfaces, voice assistance and better user experience.
  4. Flexibility: Millennials are not accustomed to the mindset of a regular shift-based job. Neither do they like the idea of performing the same tasks every day? Flexibility in projects, timings, office aesthetics, dress codes all of them leads to a better work environment for younger employees. They also demand flexible working hours, including short breaks to unwind. Women are returning to jobs after career breaks; Inclusivity and Diversity policies will be the game-changer for modern organisations. Being gender sensitive, having office infrastructure for their assistance, including gender-neutral restrooms etc. are innovative strategies that increase your chances of being listed as employee-friendly companies and build a good reputation in the market. Traditional work processes will result in higher attrition rates.
  5. Experience: Employees are a valuable asset to any organisation. Hence, managing and retaining good talent is a major challenge today. Enterprises must revisit the role of HR and focus on providing all-round development of their employees. Also, build and nurture a strong professional relationship with your employees by giving them the right experience of an innovative and path-breaking organisation.

Programmes which make them feel valued, like EAPs (employee assistance programmes) for their families’ needs of education, health care etc. can be introduced. In India, medical benefits are not compulsory; hence several organisations do away with it.

Providing necessary and free health check-ups, medical-claims, post-partum counselling etc. are some other innovative things that an organisation can do. Cafeteria style perks and benefits can be introduced, where the organisation decides a certain amount that it would spend on benefits for each employee. Then the employee is allowed to choose from a variety of benefits the ones that he or she requires, within that amount, instead of availing benefits that he or she doesn’t expect. For example, some employees might need more of geriatric health care benefits than child education. So they may choose to spend the money accordingly. These are some of the ways talent and experience can be retained in the organisation.

Encourage your experienced employees to register for an Executive MBA

To achieve your business goals within the next 5 to 10 years, you will need to start re-engineering your business processes today. Accelerate your HR processes to achieve higher growth and productivity. Encourage your experienced employees to register for an Executive MBA, i.e. a one-year training programme to hone their skills. Excellent courses are being offered by top institutes such as Amity University (Noida), SIBM (Pune), etc. Similarly, IIMs have begun their Executive MBA courses to enrich the Indian workforce. The idea of a good institution providing them with a certified course is often attractive to many employees.

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