5 Core HR Challenges and Solutions in 2024
With several technological advancements, employers have and are still facing challenges in streamlining their hiring process. Such challenges often slow down the hiring game or make it ineffective. However, having proper knowledge and solutions for these challenges can help HRs save time and come up with better strategies.?
Let’s unwrap 5 of the most common HR challenges with their solutions in 2024.
Lack of Skilled Talent
A study conducted by Manpower Group reveals that 75% of employers worldwide are experiencing difficulties in sourcing the right talent. With automation taking over industries, people are lagging when it comes to upskilling themselves. This has resulted in a bigger challenge for recruiters who are not able to find the right skilled candidates.?
Solution
Implementing employee education programs and encouraging employees to learn new skills should be mandatory. Apart from this, opting for an interview-as-a-service platform can help recruiters make their hiring process effective. Industry experts, when conducting interviews, understand the skills a candidate has and if they have the caliber to learn more. This will help HRs to have expert opinions and hire faster and better.??
Employee Value Proposition
With the changing corporate culture, employees' value propositions have also changed.?
There is a growing demand for a comprehensive value proposition that addresses various aspects such as career advancement, skill enhancement, inclusivity, belonging, fairness, trust, authenticity, and purpose. Additionally, there is increasing emphasis on nurturing company culture and prioritizing employee well-being.
Solution
HRs should make employee value propositions according to evolving worker needs and expectations. For instance, employees often seek transparency, a balanced work-life dynamic, and meaningful relationships at the workplace. HR managers are tasked with the challenge of crafting an experience that caters to a wide range of employee requirements. To do so, implementing an agile approach to organizational culture is essential.
Using AI for Better Efficacy
According to a recent Betterworks report, 47% of employees believe that generative AI will help make their jobs easier and improve efficiency. Well, that is true, and in 2024, businesses will drive efficiency by shaking hands with AI. Effectively integrating AI tools is a top challenge for recruiters.
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Solution
Using AI-powered platforms is the best solution for HRs to efficiently integrate AI into their hiring process without getting overwhelmed. Platforms like InCruiter’s AI video interview software allow recruiters to conduct efficient one-way video interviews. They provide automatic feedback reports that help analyze candidates' performance and select the top talent.?
Focus on Diversity, Equity, and Inclusion (DEI)
A McKinsey report states that diverse and inclusive companies have a 35% higher chance of outperforming competitors. Regardless, HRs still face issues implementing an inclusive and diverse workplace culture, which will highly impact a brand's reputation in 2024. The biased interview process is one of the major causes of this issue.?
Solution
However, implementing a fair and bias-free interview process can help tackle this problem. Interview outsourcing or using AI interviews can surely change the game. These ensure a bias-free interview process and promote diverse and inclusive hiring. In interview-as-a-service, an external panel conducts interviews, and in AI interviews, an AI bot will conduct the interview. Both of which are bias-free and provide honest feedback.?
Organized Data for Decision-Making
The surplus of HR data has shifted HR from paperwork to a strategic role, enabling informed decisions on talent, workforce, and performance. However, managing this data requires organizing and centralizing it effectively. In the coming year, HRs will find it challenging to streamline this data without an external tool.?
Solution
HR heads leveraging AI and analytics can help recruiters make smarter decisions, boosting business outcomes. To do so, using a tool like an interview management system can be beneficial. Such systems provide data in an organized manner and give metrics that help HRs understand the hiring pattern. By analyzing this data, companies can work on their problem areas and make this HR system effective.?
Summing Up
2024 brings with it a fair share of challenges and opportunities. If appropriately tackled, HRs can utilize these challenges for their benefit. However, taking external help by incorporating tools and outsourcing services can help boost efficiency.?
To know more, you can reach out to us at InCruiter.
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