7 HCM Trends for 2021: Prioritizing People-Centric HR

7 HCM Trends for 2021: Prioritizing People-Centric HR
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2020 is going to be the year that the world never forgets, but in a swirling pool of chaos there are some important components that we can’t miss. There are silver linings to every cloud, no matter how dark, and those present opportunities for employers to create better workplaces as time progresses.

Below are some key trends that every employer should consider, including looks at everything from talent to experience to equity and more. And, as is usual with our trends, these are based not just on our perspective but on the data, research, and evaluation of the technology landscape surrounding the employment ecosystem.

7 HCM Trends for 2021 1) Engagement is more than pay.

In the last 12 months, employees have ratcheted up their expectations for what they want from their employers. While there was a pandemic-induced spike in unemployment up to approximately 15%, that number has fallen continuously to 6.7%, a high the US hasn’t seen since 2013.

In the last year our research has shown that compensation itself needs to be more strategic in terms of planning and application, but there’s more to it than that. When a wide swath of the workforce was suddenly forced

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