Recent Trends and Challenges in Human Resource Management

Abstract

This paper analyses the various challenges and the most recent trends that have evolved in the Human Resource department in the past few years. The functionality of HR managers shifted from recruitment process to a whole new significant role, which includes recruiting, selecting, retaining, training of employees. Along with this a HR manager is supposed to deal with motivation, welfare, perks, remuneration, infringements, and incentives of employees. This paradigm shift can be attributed to globalization that brought goals to be achieved by the HR department. The changes in HR department are phenomenal and the outlook of HRM has drastically changed. Personnel department to HRM, limited role of an HR executive to a varied role of HR executive, a limited scope of HRM to multidimensional scope of HRM there has been a sea change in the approach in the recent past. One more factor that revolutionized the HR department is technology which brought a positive impact. This radical change due to technology in HR department includes outsourcing, long-distance working model, overseas recruitment, flexible timing, and work from home option and so on. Globalization changed the scope of HRM and technology changed the functionality and approach of HRM. Because of the influence of globalization and technology HR department had to adapt to the changing times and so the scope of HRM has increased.