While many HR best practices are tried and tested principles that have been around for ages, some things are changing in the year 2023. The lingering effects of a global pandemic have and will continue to change the way we work.
What are HR Best Practices?
Best practices are a set of HR guidelines and strategies that work universally leading to superior business performance. According to its proponents, there are certain human resource laws and regulations that support companies in reaching a competitive advantage regardless of the organizational setting or industry.
Although, every company is different and has its own unique needs, there are basic HR practices and principles that should be foundational to every good business.
The HR best practices of 2023 need to reflect the changes that have happened in recent years and get your business prepared to serve the employees of the future.
Top 7 HR Best Practices in 2023
List of HR strategies or recommendations that could help in formation of laws and regulations that you should be striving for in 2023?
Again, it’s hard to say because every company is unique and has its own individual needs. However, implementing some of these practices can give you the biggest return on your investment.
Hire skill based people
People are the heart of any great business. Your first priority as an HR professional should be to bring the very best people into your organization so that they can contribute to the culture and success of the company. Recent research by Remote shows skills based hiring is up 63% in the past year as more employers value experience over academic qualifications. The shift toward skills based hiring will accelerate in 2023 as skills emerge as the currency of the labor market.
Flexibility for all employees
Flexibility is the ability to choose one’s work schedule and it no longer means just working remotely. It can mean working 3 to 4 days a week, while working longer hours each day. Work flexibility is clearly something desired by all segments of workers. This is not just a benefit in a tight labor market.
Prioritize workplace safety
Although workplace safety has always been important, there is definitely a renewed focus on this critical HR practice. In short, if employees cannot come to work and feel like they’re safe and cared for, they may just stop coming to work.
Hybrid working is here to stay and success starts with defining it
Hybrid working is the new normal. McKinsey predicts 9 out of 10 organizations will be combining remote and on site working in the coming years. As hybrid working becomes the permanent way of working, HR and business leaders need to set clear principles for success, rather than mandate policies.
Creation of open communication channels
Creating open communication channels is an essential HR best practice. It is important for employees to feel like they can be heard. If their voice isn’t valued, then it’ll be hard to find the motivation to work hard. Another thing you might consider is providing opportunities for employees to speak directly to company leadership. These types of conversations help employees to feel more included and more involved.
Compensate employees fairly along with quality employee benefits
The most important thing to employees is fair pay. When employees feel like they are being compensated fairly, they spend a lot less time worrying about why they’re not making more, and a lot more time focused on projects and efforts that move the company forward. Same goes for offering quality employee benefits builds on that practice. It is part of the employee compensation package. When you offer good benefits, you give employees more reasons to stay and work for your company.
Use cloud based HR software
The HR software industry has matured significantly over the last few years. Millions of dollars have been poured into software products for hiring, onboarding, time-tracking, payroll, and so much more. The advantages of good, cloud-based HR software are undeniable, making it an easy inclusion to the list of HR best practices in 2023.
Conclusion:
Only if the best practices that we have in HR are aligned with what the organization is striving for can we create an HR function that adds value and that truly supports the business.