HR Report

Gartner Report Unveils 2024's Top 5 HR Priorities

Unveil 2024's top HR priorities: Transforming leadership, reshaping culture, advancing HR tech, mastering change, and innovating career paths.

November 1, 2023
Nitesh Padghan

As we step into 2024, the corporate world is not just evolving; it's transforming at a pace like never before. For HR leaders, this means navigating through a maze of new challenges and opportunities. 

Based on Gartner's extensive survey of over 500 HR leaders across diverse industries and countries, we've pinpointed the top five priorities for HR in 2024. These aren't just trends; they're the signposts guiding HR professionals through a landscape that's changing under our feet. 

From redefining leadership roles to embracing cutting-edge HR technology, these priorities are reshaping the way we think about work, culture, and employee engagement. Let's dive into each of these priorities, understanding their nuances and the strategies to address them effectively.

A New Era of Leadership

In the realm of HR, the development of leaders and managers is paramount. Gartner's survey reveals a startling 73% of HR leaders believe their leaders and managers aren't equipped for change. This is a big deal. Why? Because change is the only constant in today's business world. The solution isn't more training; it's about rethinking the role itself.

First, let's talk about resetting expectations. It's about empowering managers to focus on what they do best – leading and developing their teams. This means less time on admin and more on people. 

Next, we need to rewire habits. Good management isn't just about skills; it's about daily habits that build a strong team culture. Finally, rebuilding the manager pipeline is crucial. This means giving potential managers a real taste of the role, letting them decide if it's right for them. It's about making the role fit the person, not the other way around.

Building Connected Cultures Remotely

Organizational culture is next on the list. It's about how people feel at work. Do they feel connected? Do they believe in what they're doing? In a hybrid world, this is tougher than ever. Gartner points out that 47% of HR leaders are struggling with this in the new work environment.

The key here is intentionality. Culture doesn't just happen; it's built. It's about aligning everyone with the company's vision and values. Then, there's connectedness. In a world where remote work is common, creating a sense of belonging is crucial. 

This means more than just virtual happy hours. It's about meaningful interactions that build a community. Lastly, microcultures in teams can make a big difference. Each team has its own vibe, and nurturing this can strengthen the overall culture.

The HR Tech Transformation

HR technology is a big talking point. With 56% of HR leaders saying their current tech doesn't meet their needs, it's clear there's a gap. The future is about AI and advanced tech, but only 22% of HR leaders are actively engaged in this conversation. That's a problem.

First, understanding the tech landscape is crucial. What's out there? What fits our needs? Then, it's about readiness. Is our workforce ready for this tech? Do they have the skills to use it effectively? 

Lastly, ethics and risks can't be ignored. With any new tech, especially AI, understanding the ethical implications is key. We need to ask the tough questions before diving in.

Leading Through Transition

Change management is all about helping people adapt. But here's the thing: 82% of HR leaders say their managers aren't equipped for this. Employees are feeling the strain, with many reporting lower trust and engagement levels.

The solution? It's a threefold approach. First, communicate. People need to understand what's changing and why. Second, quality training is non-negotiable. People need the right tools to adapt. Finally, managing fatigue is crucial. Change is exhausting, and acknowledging this is the first step to helping employees cope.

Redefining Growth in the Workplace

Lastly, we have career management and internal mobility. The stats are worrying – 66% of HR leaders think their company's career paths aren't compelling. This is about giving employees a roadmap for their future in the company.

First, it's about moving away from rigid career paths. The future is fluid, and career paths should be too. Next, it's about aligning roles with experiences, not just job titles. 

This means thinking about what skills and experiences employees gain in each role. Finally, it's about support. Employees need guidance and tools to navigate their career journey within the company.

Final Thoughts

In wrapping up, it's clear that the HR landscape in 2024 is about much more than policies and payroll. It's about leading through change, building cultures that thrive in hybrid environments, leveraging technology smartly, managing change compassionately, and carving out dynamic career paths for employees. 

By addressing these priorities, HR leaders can not only navigate the complexities of the modern workplace but also shape it into an environment where both the organization and its people can flourish. The future of work is here, and it's time for HR to lead the charge, turning challenges into opportunities for growth, innovation, and lasting success.

Occupational Wellbeing

Side Hustle to Success: Exploring the Potential of Multiple Income Streams

December 7, 2022
The Wellness Tribe Team

Building a career from different income streams can be a rewarding and fulfilling way to make a living. However, in today's economy, relying on a single source of income is becoming increasingly risky, as job security and stability are no longer guaranteed. By diversifying your income streams, you can protect yourself from financial uncertainty and take control of your own career. 

There are many different ways to create multiple income streams, and the best approach for you will depend on your individual circumstances, skills, and interests. In this article, we will explore potential options for generating additional income and provide tips for getting started.

Start A Side Hustle

One way to generate multiple income streams is to start a side hustle in addition to your full-time job. This could be something as simple as selling handmade products on Shopify or providing a service like home or online tutoring. The key is to start small and gradually build up, so you don't overwhelm yourself.

Portfolio Diversification

Portfolio Diversification
Photo by Scott Graham on Unsplash

Another way to create multiple income streams is by diversifying your investment portfolio. By investing in a range of assets, including stocks, bonds, real estate, and others, you can create a steady stream of passive income to help support your career and financial goals. Diversifying your investments can also reduce the risks associated with relying on a single source of income, such as job loss or market volatility.

Creating and Selling Online Courses

Another option is to leverage your current job or career to create additional income streams. For example, you could use your knowledge and experience to develop and sell an online course or e-book or offer to coach or consulting services to others in your field. By doing so, you can generate additional income without necessarily having to leave your current job or career.

The Benefits of Multiple Income Streams

Be Your Boss

One of the key advantages of building a career from multiple income streams is that it gives you more control over your work and income. Instead of being at the mercy of a single employer, you can create your own opportunities and choose the projects and clients that align with your values and interests. This can lead to greater job satisfaction and a sense of fulfilment.

A Safety Net for Income

Having multiple income streams can provide a sense of security, as it gives you a backup plan in case something goes wrong with one of your streams. This can be especially important in today's economy, where job security is not always guaranteed.

Multi-stream income generation workflow

Multi Stream Income : Side Hustles
Photo by Will Porada on Unsplash

Wondering how to get started? Here is a workflow for finding and creating multiple income streams through side hustles: 

1. Identify Your Skills and Interests: 

The first step is to think about what you are good at and what you enjoy doing. These skills and interests can help you identify potential side hustle opportunities.

2. Research Potential Opportunities: 

Once you have a list of your skills and interests, start researching potential side hustle opportunities that align with them. Look for opportunities that are in demand, have the potential for growth, and are flexible enough to fit into your schedule.

Here are a few platforms for side hustle opportunities: 

  • Fiverr
  • Upwork
  • Freelancer
  • SolidGigs

3. Create a business plan: 

Once you have identified a few potential side hustles, create a business plan outlining how to start and grow your business. This should include a market analysis, marketing, and financial plan.

Check these sample business plans from Hubspot to get you started. 

4. Test your idea: 

Before fully committing to a side hustle, it can be helpful to test your idea to see if it is viable. This can involve creating a prototype, offering a limited-time promotion, or launching a pilot project.

5. Launch your side hustle.

Once you have a solid business plan and have tested your idea, it's time to launch your side hustle. This may involve creating a website, setting up social media accounts, and networking to find potential clients.

6. Scale your business.

Once you have launched your side hustle, focus on growing and scaling your business. This may involve finding new clients, expanding your services, or creating new products.

"A side hustle is the ultimate form of job security. It gives you the freedom to explore your interests, try new things, and build a business around your passions." - Chris Guillebeau - American Author

Closing Thoughts

There are several ways to create multiple income streams, and the best approach will depend on your individual circumstances, skills, and interests. You may include some freelancing websites which can give side hustles more meaningful avenues.

Corporate Wellness

Establishing Employee Trust - 5 Ways to Improve Reliability at Work

October 12, 2022
The Wellness Tribe

With the fear of an impending recession, hiring freezes, and mass layoffs, many team leaders are experiencing great stress and uncertainty at work right now. Employees want to know whether their job is secure, what they should be doing, and what the future holds.

In times like this, it may be incredibly difficult for managers to build trust in their teams. What information should one provide, and how much of it should one share? How can you be open about the company's problems without discouraging your employees? How can you establish trust in your team and improve reliability at work.

Here are some 5 simple tips for assisting your team through times of uncertainty:

Be Open and Honest

Establishing Employee Trust - 5 Ways to Improve Reliability at Work
Photo by Christina @ wocintechchat.com on Unsplash

While you must be careful with the information you offer, it is critical that you be as explicit and honest as possible. Be candid about the reality that no one, including you, can completely predict what lies ahead, but that you do know the company is doing all it can to provide a solid foundation for the future. 

Make it apparent that the corporation wants you to share what you know by using phrases like "I shouldn't be telling you this" or "don't discuss this with anybody, but..." In order to avoid instilling secrecy and suspicion, make an explicit effort to emphasize that the information you are delivering is coming straight from leadership.

Assume Responsibility

When an unfortunate event occurs, be sure to accept responsibility as their leader.

As a leader, you must accept responsibility for the welfare of your team, even if it is not your fault directly. As you take responsibility for your good and bad actions, your team will start to trust you.

"Leadership is not about being in charge. Leadership is about taking care of those in your charge." - Simon Sinek

Be Confident and Enthusiastic

Establishing Employee Trust - 5 Ways to Improve Reliability at Work
Photo by Austin Distel on Unsplash

Your actions and attitude as a manager may significantly impact your staff. Therefore, it is essential to demonstrate confidence in your leadership skills. While things are unpredictable and no one knows everything, you should emphasize what you do know and how you can best position the team to go ahead efficiently. 

Keep a positive attitude and acknowledge your team's efforts at all times. Language such as "we've got this" and "I'm so pleased with all the effort our team has made is an excellent method to foster togetherness and optimism.

Provide Emotional Support

During times of uncertainty, stress and burnout are understandable. Take the time to check in with your team members regularly. Begin your weekly meetings by asking how your staff are doing and if there is anything you can do to help. 

Pay close attention to what they are saying and asking so you can follow up later. As a manager, it is critical to consider your employees' viewpoints and to evaluate what you would like to hear if you were in their shoes. If you feel your team members are not comfortable sharing their problems invest in some corporate wellness program so they can take help from 

Invest in Your Employees.

Workplaces that foster high levels of trust promote holistic development and employee wellbeing. Talent is developed within the organization through a development attitude, which stresses both professional and personal growth opportunities for managers and direct reports. 

Organizations that invest in their employees are more likely to retain talent and improve engagement. This includes employee wellness initiatives, financial well-being programs, and fun wellness activities. 

Closing Thoughts

Teams flourish when members trust each other to deliver and match their contributions with quality and excitement. When there is trust at work, everyone always relies on one another to provide consistent efforts and solid outcomes.

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This month we are focusing on food and how it affects your mental health. Join us as we bring in the most relevant interesting content from across the wellness segment.

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