In 2023, the future of HR, talent acquisition, and DEI professionals was uncertain as layoffs and hiring freezes in various sectors disproportionately impacted these roles. The demand for these roles slowed down due to economic challenges, but a recent survey revealed an optimistic outlook for talent acquisition professionals in 2024.
Research also shows that investment in AI-powered recruiting tools and DEI initiatives is expected to increase in the coming year. Five key trends are expected to shape the industry in 2024, including intentionality regarding hybrid work, upskilling, automation, predictive analytics, data-driven HR, and a focus on diversity, equity, and inclusion.
Trend Forecast For 2024
The next year will bring significant changes for HR and people leaders, with these five key trends shaping the industry.
1. Intentionality Regarding Hybrid Work
People leaders are expected to take on the role of event planners to intentionally draw workers to the office.
2. Upskilling
Continual re-skilling and upskilling is necessary as technology advances, according to industry leaders.
3. Automation
AI will be increasingly used in talent acquisition and people management, including sourcing talent, payroll processing, and more.
4. Predictive Analytics And Data-Driven HR
Employers will make more informed decisions about their workforce by using predictive analytics and data-driven HR practices.
5. DEI
Companies are expected to prioritize diversity hiring and mitigate biases in hiring algorithms using AI.
86% of talent practitioners express positivity about what the future of talent acquisition holds, according to research by Jobvite.
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