With 2019 coming to an end, there’s a lot to look forward to in the new year. As employers and HR professionals complete their 2019 year-end payroll checklist, including preparing W2s and more, it doesn’t hurt to make time to plan for the new year. Our workforce management team at Trackforce Valiant shares HR trends in 2020 to help prepare your company for the year ahead.
Majority of the Workforce Is Millennial and Gen Z, So Technology Is a MUST
Millennials were the trendy generation of the new millennium, but with a new decade comes a new generation. Gen Zs (people born after 1997) are right on the heels of millennials in today’s workforce. Gen Zs are widely known as the generation born with technology at their fingertips as it’s incorporated into every bit of their surroundings.
Technologies such as our hourly workforce management software will be easy for GenZs to grasp because they are so open-minded when it comes to new technology. Now, with Gen Zs in the workforce, having them implement software and other automation tools will help your company achieve success in the upcoming decade.
More Emphasis on EX
Talent retention is crucial for your company’s success and will continue as one of the HR trends in 2020 to aim for. To retain your employees, it’s important to give them a favorable employee experience (EX), meaning the way your employees view your company and what it’s like to work there.
Think about it this way: would your employees recommend your company to family and friends? If you’re providing your employees with a professional and fun working environment, then the answer is yes. On the other hand, if your team hates coming to work or believe higher-ups are taking advantage of them, they’ll be more inclined to tell family and friends about it and refer them to your company’s competition.
Companies that honestly care about the people who work for them will flourish and gain long-term success. According to a study conducted by Limeade, 91% of employees who feel cared for are likely to recommend their organization as a great place to work, while 60% will plan to stay at their company for three or more years. 
So, in the year ahead, make sure to hire qualified Gen Zs and ensure your employees are working in a professional, safe working environment to guarantee success in 2020! To learn more about future HR trends or our employee scheduling program, give a member of our team a call at 516-390-1110 today!
Sources: Limeade – Limeade Research Suggests the Secret in the War for Talent is Care