(PRWEB) December 12, 2007 -- WorldatWork, an association of human resource professionals from FORTUNE 500 and other leading organizations worldwide, has released eight key predictions that showcase the trends and events that will change the nature of human capital management in 2008 and beyond. The predictions are intended to compel organizations and total rewards professionals to position themselves to take advantage of the coming changes, and not be blindsided by them. Preliminary findings were announced at the WorldatWork Total Rewards Asia Pacific Conference, which took place in early November in Singapore.
"In an environment where the global scope of opportunity and technology are all-pervasive influences, an organization?s interaction with a rapidly changing labor force will result in dramatic transformations in workforce management, work design, outsourcing and training," said Anne Ruddy, CCP, president of WorldatWork.
An exhaustive literature review of futurist books and articles coupled with critical analysis by WorldatWork knowledge leaders formed the basis of the effort. Several themes surfaced consistently and are captured in a white paper (available to media upon request).
These changes will require human resource practitioners to re-think their approach to managing human capital. Total rewards professionals must examine these predictions for opportunities to contribute to the business goals and actively define their role for the future.
The Future of Attraction, Motivation and Retention Literature Review white paper offers eight predictions about the future of work and the implications on the total rewards and human resource professions. The authors note that "the future" might already be here for some progressive organizations.
Following are the eight predictions on the future of work:
1. The successful organization of the future will excel at acquiring, organizing and strategically deploying global resources.
2. There will be increased global connectivity, integration and interdependence in the economic, social, technological, cultural and political spheres.
3. Technology will advance at an even more rapid pace than in previous decades.
4. There will be continuous, dramatic changes in the labor force.
5. Human capital will become an even greater source of value.
6. The way work is organized and performed will evolve and change continuously.
7. Outsourcing will increase.
8. Self-paced, self-directed individualized virtual learning will dominate business training.
"These predictions have wide-reaching implications for the professions involved in employee attraction and retention," said Ruddy. "An organization?s ability to attract, motivate and retain will emerge as the primary indicator of fiscal performance and survival."
The WorldatWork white paper covers several implications for human capital strategy, including:
Labor Force ? Workers will value job enrichment, flexibility and career development above job security and stability; employers will need to respond to this shift.
Work Design ? Dramatic technological advances, i.e. telecommuting hubs and virtual worlds, will mean that being "at work" won?t necessarily mean being at the office. Managers must learn to manage what they can?t see.
Outsourcing ? Organizations will look for ways to pull jobs apart to find pieces to outsource. Thought must be given to the motivation of workers assigned "pieces" of the work.
Training ? Digital communities will flourish, and experts will assert themselves through these communities. Training will be available in small, readily accessible, easy-to-use modules for use at any time.
"In the past, we?ve resorted to treating everyone the same in our discrimination-sensitive, politically correct environments," Ruddy said. "Given the increasingly diverse workforce, organizations will need to offer more variety in rewards as they try to access the best and the brightest in a seller?s market."
WorldatWork has established a forum on www.futureoftotalrewards.org for members and non-members to participate in the discussion about important trends that affect attraction, motivation and retention. The Web site will regularly feature cutting-edge ideas, findings, predictions, survey results and suggestions about how work will be done in the future.
About WorldatWork®
The Total Rewards Association
WorldatWork (www.worldatwork.org) is an association of human resource professionals from FORTUNE 500 and other leading organizations worldwide focused on attracting, motivating and retaining employees.
Founded in 1955, WorldatWork provides practitioners with training and education to effectively design and implement strategies and practices in total rewards, including compensation, benefits, work-life, recognition, and career development. With offices in Scottsdale, Arizona and Washington, D.C., WorldatWork supports its 30,000 members and professionals in 75 countries with thought leadership, publications, research and community. WorldatWork administers certification through the WorldatWork Society of Certified Professionals.
The WorldatWork group of registered marks includes: WorldatWork®, workspan®, Certified Compensation Professional or CCP®, Certified Benefits Professional® or CBP, Global Remuneration Professional or GRP®, Work-Life Certified Professional or WLCP®, WorldatWork Society of Certified Professionals®, and Alliance for Work-Life Progress® or AWLP®.
WorldatWork Journal, WorldatWork Press and Telework Advisory Group are part of the WorldatWork family.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
###
Master Resale Rights As A Legitimate Web Business
Master resale rights for popular ebooks and software is quickly gaining in popularity by many webmasters, even those whose current sites are in completely different categories. Webmasters are rapidly realizing the huge profit potential associated with resale rights is too good to pass up. They find that selling master resale rights eliminates most of the headaches of owning a traditional "brick and mortar" business.
American Physical Society Reaffirms Its Position that Human-Caused Greenhouse Gas Emissions Contribute to Climate Change
The American Physical Society http://www.aps.org/ (APS) today reaffirmed its position on climate change issued last November, releasing the following statement:
Precedent Setting Discrimination Lawsuit Seeks to Protect Gay Student Victim Against Civil Rights Violations
A $100,000,000 lawsuit recently filed against Yeshiva University, alleges anti-gay discrimination at the highest echelons of America's educational system. The case Padiyar v. Yeshiva, was filed in the Supreme Court of the State of New York.
Personal Injury Claims - Protect Your Rights By Knowing What Not To Say
Pursuing a personal injury claim puts you in an unfamiliar situation. You'll have to think carefully before you speak to anyone. From the adjuster, to the defendant, to the police officer at the scene - what you say makes a difference.
Human Capital Institute Member And Education Customer, U.S. Army Ardec, Selected as 2007 Malcolm Baldrige National Quality Award Winner -- First US De
The Human Capital Institute (HCI), a professional association and think tank advancing the science of strategic talent management, today announced that one of its members and education customer, the U.S. Army's Armament Research, Development and Engineering Center (ARDEC), was recently presented the Malcolm Baldrige National Quality Award, the nation's highest Presidential honor for organizational performance excellence. ARDEC is the first Department of Defense organization to receive this prestigious award.
San Diego Attorney Awarded Top Honors for Groundbreaking Work in Civil Rights Case Against Orange County Social Services Agency
On November 2, 2007, the Orange County Trial Lawyers Association awarded a San Diego attorney top honors in electing him as the "Top Gun - Trial Attorney of The Year" in the area of civil rights. The award was based on the 4.9 million dollar jury verdict obtained by Deanna Fogarty-Hardwick, against Orange County, its Social Services Agency, and two of its social workers Marcia Vreeken and Helen Dwojak earlier this year in a lawsuit alleging violations of her Constitutional right to familial association.
Information/Human Age: Bringing Family and Friends Closer Together
Have you ever felt like the distances from your loved ones and cherished connections are just too big? You then stop communicating as much, and soon your relationships are no longer what they used to be. In this day and age it needn't turn out this way.
Equal Rights for Disabled Employees
Discrimination can negatively affect a persons right to fair opportunities. Being discriminated against and treated unfairly has adverse effects on a persons morale. It is degrading to ones self-esteem to be rejected or singled-out based on certain characteristics.
Free Human Resource Outsourcing Seminar Introduces HRO 2.0
This free human resources outsourcing webinar is scheduled for September 6 from 1:00 pm to 2:00 pm Central US. The three featured speakers for the event are Ben Trowbridge, CEO of Alsbridge; Barry Weiss, Managing Director and leader of the Alsbridge HRO practice; and Linda Merritt, AT&T HR Director and Chair of the HR Outsourcing Association's Research and Standards Committee.
Kalen Biomedical, LLC Announces a New Line of Human Lipoproteins for Cardiovascular Research
Kalen Biomedical, LLC (www.kalenbiomed.com) announced today the introduction of a new line of lipoproteins for cardiovascular research. These premium research reagents include low density lipoprotein (LDL), high density lipoprotein (HDL), very low density lipoprotein (VLDL), and lipid depleted serum. Lipoproteins are available in their oxidized and acetylated forms. Lipoprotein probes are available with either a fluorescent or biotin label.