Human Resources Role in Future Business Challenges

The Next Decade Will Be CriticalBy

ROGER ZUCHProfessional Human Resources Consultant

Another Great Zuchini

Presentation

THE CHALLENGES WHICH MUST BE CONSIDERED

• AGING WORKFORCE• TALENT CRUNCH• TECHNOLOGY • COMPLIANCE ISSUES

AGING WORKFORCE

• The Baby Boom Generation is Retiring• The Knowledge and Experience Bank is

Dwindling• The Senior Positions in Organizations,

especially Leadership roles, are Being Vacated

• The Cultural Perception of “Work” is Being Re-defined

TALENT CRUNCH

Source: U.S. Dept. of Labor

Workforce Today

Boomers Gen X Millennials

Workforce 2025

Boomers Gen XMillennials

50 Million Fewer

Workers Available in

2025

TECHNOLOGY

• College Grads Expect Employers to be Tech-Driven (What do you mean I have to get my hands dirty?)

• Technology Can Require Short Term, High Cost Investment

• The “Paperless” Way of Doing Business Has Resulted in Information Overload

• Older Generations Resistant – “If it ain’t broke...” Mentality

Data Cloud

COMPLIANCE ISSUES• “I’m from the Government and I’m here to help.” • ACA and the Future of Healthcare• Affirmative Action – Returning Vets, Glass Ceiling, ADA, Age

Discrimination• NLRB – Unions Pushing for Comeback• OSHA – Safety Needs to be First, Not an Afterthought• FLSA – Who’s an Employee? Who’s Exempt? Equal Pay

Practices

THE ROLE OF HUMAN RESOURCESWITH THE AGING WORKFORCE

• Easing Transition into Retirement• Preparing Replacements (Succession Planning/Mentoring)• Accommodating Disabilities• Assisting transition to Medicare• Training in New Technology• Realigning Thought Processes Regarding Work Culture

THE ROLE OF HUMAN RESOURCES IN ATTRACTING TALENT

• Increased Competition for Talent• Increase Sources and Build Working Relationships with

Schools and Agencies• Focused Internet Searches• New Generation Expectations re: Compensation/Benefits• New Level of Expectations Regarding Work Environment• Opportunities for Learning• Opportunities for Advancement (Attractive Career Paths)• Work / Life Balance

THE ROLE OF HUMAN RESOURCES IN RETAINING TALENT

• Guard Against Raiders Due to Increased Competition for Talent

• Recognition / Rewards / Compensation / Bonuses –Share the Wealth

• Performance Management – Individual and Company

• Keep up with Competition’s Technology • Opportunities for Growth / Succession Planning• Increased Value of Benefits as Seniority Increases

THE ROLE OF HUMAN RESOURCES IN A NEW TECHNOLOGY WORLD

• Use Technology to Find New Recruits• Help Employees Use Technology for

Benefits and Other HR Functions• Implement and Take Advantage of

Capabilities of a Robust HRIS• Arrange Classes for “Tech-Challenged”

Employees• Advise Management of Next

Generation Technological Expectations

THE ROLE OF HUMAN RESOURCES IN MAINTAINING COMPLIANCE

• Keep up with Government Alphabet Soup (ACA, ADA, AA/EEO, OFCCP, FMLA, FLSA, ERISA, OSHA, etc.

• Work with Agencies and Corporate Attorneys on Questionable Issues

• Maintain a Bank of Resources on Where to Get Answers or Assistance

HUMAN RESOURCES:BUSINESS PARTNERS, NOT JUST PAPER PUSHERS

• HR Needs Awareness on Company Goals and Strategies

• HR’s Input on Strategic Planning Can Be Critical

• HR Personnel Need Freedom to Continue Education as Professionals

• HR Involvement in Human Resources Organizations is a Must

HUMAN RESOURCES

We’re Here to Help

HUMAN RESOURCES ROLE IN FUTURE BUSINESS CHALLENGES

By

ROGER ZUCHProfessional Human Resources Consultant Another

Great ZuchiniPresentation

THANKS FOR WATCHING

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