HR Trends for 2011

An interesting post by B. Laws

Reflecting on 2010, it was easy to notice significant changes in human resources. First we had Health Care Reform to address, and at nearly the same time, companies scrambled to put Social Media policies in place as issues arising from employees' use of social media began to spill over into the workplace. Now the question becomes, "What does the next year have in store for human resources?"

By looking at some of the trends over the last few years, we can make some assumptions about where we should be focusing our time as human resource professionals and what we can do to stay on top of them.

Overall, our workforce is aging. People are working longer for a variety of reasons, ranging from a fear that the Social Security benefit age will rise, to a desire to remain engaged in work they enjoy, to the reality that some face, following the economic crash that wiped out retirement funds. With the stock market's roller coaster, many folks are worried that they will not have enough time to increase or replenish the size of their nest egg, most of which is in a company-sponsored 401(k) plan.

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