Using New HR Processes to Meet Changing Workforce Expectations

It’s been nearly a year since the term “The Great Resignation” first surfaced as a buzzword in the corporate sphere. Just last December, 4.3 million workers resigned from their jobs, putting a significant strain on the labor pool and forcing companies across multiple sectors to deal with skill shortages. The movement revealed a power shift — one that gave employees more leverage over employers than ever before when it came to demanding more flexibility, better compensation, and more comprehensive benefits.  

As a result, average hourly earnings are up, and more and more companies have implemented practices and procedures designed to cater to employees’ wants and needs — think hybrid work schedules, more PTO, and expanded benefits — all in a bid to attract and retain talented candidates.  

In many of these cases, human resources professionals have been the force tasked with revamping and improving companies’ policies and benefits packages. At most companies, it’s the human resources department’s job to understand what candidates are looking for and what the competition is offering, then work out the best way to stay ahead of the curve. Over the past year, many HR professionals have been forced to develop and refine policies seemingly overnight. 

The Importance of Staying Competitive 

The labor force participation rate has been on an upward tick in recent months, but companies are still having to innovate in order to continue attracting top-notch new hires. This is where having a talented team of HR professionals is crucial.  

HR professionals know how to deal with a tight talent pool. They have the experience and the perspective to develop unique, proven solutions backed by strategy. One of the options they might employ could involve implementing more contract work to attract candidates who value flexibility while maintaining the company’s bottom line. They might also consider onboarding a third-party software company to automate various administrative or internal processes, reducing the number of positions a company needs to fill. 

Retraining Management  

Though the job market continues to change at lightning speed, measuring productivity and performance remains essential to the success of any business. A great HR team can help train managers on measuring employee productivity even in a virtual or hybrid work environment. By clearly defining job descriptions, thoroughly vetting candidates, and maintaining open channels of communication with managers, a skilled team of HR specialists can help coach managers on monitoring and addressing employee performance and any issues that may arise.  

Keeping Compensation & Benefits Competitive 

Good HR leaders do their homework. They have their finger on the pulse of the talent pool and understand what kinds of benefits great employees are looking for. This is why a skilled team of HR specialists is an invaluable asset to companies of any size. They can inform an organization around salary standards compared to local cost of living and competitor offerings, what makes a compelling job offer, and what kinds of benefits will best attract and retain the kind of talent they are looking for. Some HR companies even offer payroll setup, benefit coordination, and compliance assurance as part of their services, allowing a company to focus all its efforts on revenue-generating activities.  

Easier Onboarding 

For many companies, onboarding new employees can be an arduous and time-consuming process involving lots of paperwork, screenings, and training. Having a talented team of HR professionals in your corner can help remove the burden of the onboarding process from your business professionals, saving your team lots of time and protecting you from unnecessary risks when it comes to issues like compliance. Human resources experts are well-versed in proper onboarding procedures and how to stay compliant every step of the way. Allowing them to handle your employee onboarding process ensures a smoother, simpler transition for your company and your new hires.  

With so many factors influencing the job market right now — a continuing pandemic, inflation, and so many others — meeting evolving workforce expectations and staying ahead of the competition can seem overwhelming. These are just some of the many ways that hiring a vetted human resources team, such as Resolute HR Services, can help.  

Interested in learning more about our human resources solutions? Get in touch with us today.