Sherrie Suski outlines trends for HR in 2018.

1. 2018 Human Resources Trends

2. 2018 HR Trends
 Unemployment is 4.1% in October – lowest in 16 years
Tightening Labor Market
1
 Impacting merit budgets and pay increases
Low Inflation Rates
2
 Millennials make up a larger portion of the workforce – looking for experiences
Millennial Workforce
3
 Moving away from email to a more immediate response
Social Media/ Instant Messaging
4
 Adopt a Workforce of One mentality
Standard to Individual Approach
5
 Move form reporting to predicting
Analytics and Data
7
 Explore interns, consultants and crowd sourcing
Look outside of Traditional Talent
6

3. • Unemployment is the
lowest it has been in 16
years at 4.1%
• Think creatively in
terms of how to attract
candidates and where to
source
• Be willing to build
relationships outside of
an interview process
• Put time into branding
your company culture
A Tightening Labor Market

4. • Impact merit
budgets
• Little
differentiation for
top performers
from a merit
increase
perspective
Low Inflation Rates

5. • Have an
expectation of a
work “experience”
• Expect to be
recognized
• Want
individualized
Development/
Career Plans
A Growing Millennial Workforce

6. • Think outside of
e-mail
communication
• Push
communication
that employees
can opt in to
• Text messaging
• A company App
Social Media and Instant Messaging

7. • Think about a
Workforce of One
Mentality
• Give choices
instead of a one
size fits all
• Examine where
you can be flexible
Standard to Individual Approaches

8. • Explore the use
of crowd sourcing
for algorithms and
development work
• Give interns a try
• Short term
consulting is
becoming more
popular
Explore non-Traditional Talent

9. • What can you measure
and react to using data
based decision making?
• Explore predictive
analytics- you can track
turnover AND you can
predict turnover on an
individual employee basis
• Implement RPA-
Robotics Process
Automation- that sits
above your current
platforms and performs
your mundane tasks
flawlessly
Data and Analytics

10. Page 10
Summary
• HR has a real opportunity in 2018 to move into the spotlight and to lead
the way. To do this we need to think outside of our comfort zones and to
explore alternatives. The benefits will be great!
Capture discretionary employee engagement and effort
Retain our best and brightest employees
Ensure optimum employee productivity
Lower the risk of turnover and costly replacements