Human Capital Management Blogs by SAP
Get insider info on SAP SuccessFactors HCM suite for core HR and payroll, time and attendance, talent management, employee experience management, and more in this SAP blog.
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Product and Topic Expert
Product and Topic Expert
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What are the most pressing challenges facing organizations in 2023, and how can HR technology help solve them? Each year, the applied psychologists on the SAP SuccessFactors Growth & Insights team aggregate and synthesize data from a wide range of reputable business press resources that put forward HR trends and predictions and conduct a content analysis to derive key themes, or “meta-trends,” common among them. This year, the analysis involved 73 reputable business press resources from which we derived a list of seven broad meta-trends – all of which are shaped by – and in turn reshape – the Employee Experience (EX). This year’s trends include: 

  • Hiring for Skills to Win the Race for Talent: Employees will maintain the upper hand in the job market this year as a shift towards skills-based hiring is on the rise 
  • Developing the Workforce for the Future: Developing unique, individualized career plans for employees – including experiential learning and coaching – will demonstrate to employees their value to and future with the organization. 
  • Adopting Emerging Technologies with Purpose including tools like artificial intelligence, machine learning, Metaverse/Web3.0, and blockchain.  
  • Making Flexible Work, Work: An official shift in attention in this year’s trends from where work is happening to how it is taking place. 
  • Championing Holistic Well-being for All: Employees are experiencing significant burnout, so organizations must continue to support and prioritize employees’ holistic well-being – including their mental, physical, emotional, and financial health. 
  • Including More People and Practices in DEI&B: Organizations in 2023 are expected to take a “lifecycle approach” to diversity, equity, inclusion, and belonging by embedding its principles across all people-related practices. 
  • Empowering People Leaders for Today and Tomorrow: Focusing on managerial readiness for potential people managers will be crucial for organizations to build a robust management pipeline – and leading organizations will build these skills across their entire workforce. 

For more, check out our full research paper.