The COVID-19 pandemic has increased the anxiety level of people. Many industries have resorted to layoff in order to sustain through this financial crisis, which has increased the unemployment rate in the market.
Fremont, CA: The coronavirus pandemic has challenged the way businesses were operating. It has impacted almost every aspect of organizations, and the HR department could not escape the severity of this unusual situation. HR teams are scrambling to managing talent. In the initial days of the crisis, HR pros were focusing on assuring the safety and security of the workforce. Right now, seeing that companies across the world are operating remotely, HR pros have been compelled to reimagine the talent management practices in driving resilience.
Let us look at how HR pros can better manage the workforce in this time of crisis:
Effective Remote Hiring
The COVID-19 pandemic has increased the anxiety level of people. Many industries have resorted to layoff in order to sustain through this financial crisis, which has increased the unemployment rate in the market. On the other hand, the sudden shift in customer behavior and demand has led to a surge in temporary hiring. For instance, grocery stores and ed-tech companies are recruiting underutilized workers. In light of the situation, HR pros are focusing on improving their remote interviewing methods, which can be done by choosing the right platform for hiring and assessing talents.
Improving Performance and Reward Management
Employees’ performance determines the organization’s performance. However, the pandemic has severely impacted the goals and performance plans. HR leaders should develop relevant performance management systems to ensure that individual goals are completely aligned with organizational goals. In the remote work arrangement, employee recognition and rewards play a crucial in boosting employee productivity and engagement. Hence, HR leaders should communicate with employees on a regular basis and encourage them to work in a rewarding manner.
Providing an impeccable employee experience is important for retaining talents. Employees’ stress level is off the roof because of the uncertainties. Thus, assuring their job security should be HR leaders’ prime focus. It is the right time to build a strong relationship with employees.