THE FOLLOWING ARE THE LATEST HR TRENDS AND PRACTICES :1. Human Resource SoftwareCompanies like Maersk, Novartis, etc., have adopted to the so called human resource software, in fact human resource software is so much on rise nowadays that more than 53% of companies with more than 1000 employees have invested in this human resource software, this software come in various categories and is used as workforce analytic tools such as employee engagement, employee satisfaction, 360-degree review etc. One of the common software used is Talepool which cater to the need of having large recruitment teams, HR web which evaluates, manages and tracks the attendance, behavior, and performance of employees, IBM Kenexa which does the work of talent management.2.Training and developmentRecently the companies HR department have started focusing on training of the employees internally, and they spend a huge amount of company’s budget in research and development, these companies hire people who act as instruction leader and skill trainer in the organization, which can help better training of the employees. Also, the HR managers have now started using data analytics to know where the employees are lacking and then give training to the employees accordingly. Some of the well-known firms which concentrate high in research and development area are Amazon, SAS, Seattle Genetics.3. Coping Up with Rapidly changing environmentIn this rapidly changing environment, employees have to constantly keep themselves updated of what is going on around them and constantly rethink on the work which has to be done and how it has to be done, this rapid changes can lead employees frustrated and angry, and in order to cope up with these situations, the present HR people have started working upon, giving employees the necessary direction of what has to be done and how, as well as helping them to deal with conflict and frustration. The HR nowadays provide skill training to the employees which is necessary for them in order to deal with the new technologies, policies, and processes.4.HealthWith the increase in the awareness of having good health and fit body along with the emergency of having healthy workforce, the new task which the HR managers of today have to under go is to provide the employees with health care services such as paying the health insurance services for its staff, free medical treatment, and paying the medical bills, sensitization, etc.In a way it had turned out to be beneficial to the company as well as the companies are not only able to have healthy employees which contribute to productivity but it also helps a company to attract and retain valuable employees.5.Family and work life, balance The HR today has to value the employee’s family, as happy family leads to happy workforce. Unlike in the past the HR today has to provide the employees with various flexibility such as providing them with family leaves and parental leave, even to the extent of organizing family day out for staff, and allowing sometimes, of day offs for the employees to resolve family issues. For HR managers providing these facilities comes at the cost of time, but it leads to motivation of the employees which further leads to better productivity therefore it is worth the cost for today’s HR managers.6.Creating workplace experienceIn this companies such as Pandora and Airbnb are directing their organization towards creating “workplace as an experience”, under workplace as an experience the companies try to orchestrate different elements of work such as the physical, emotional, intellectual and virtual to inspire their employees. For example, Airbnb has moved from confined offices cubicles to ‘belong anywhere working environment’ where employees can work from anywhere from kitchen to living room, by this the employees have freedom to either work alone or be with other folks and create a sense of belonging.7.Flexible management and globalizationTodays HR managers focus on having mix employees in terms of skills, knowledge, and cultural adaptability in order to manage global projects and assignments, as a result the employees background, customs, culture and language differences become more common, therefore the HR has to guide its managers to be more flexible as the workers belong to different nationalities and colors. It has therefore now become important to train the managers to be flexible and to recognize the difference of the employees and to adapt to their different working styles and get the maximum utilization of them.8. Pay on basis of performance The cycle of paying on the basis of the annual review is fading away, and todays HR managers are focusing on a continuous review and performance base for compensation. This approach of paying on the basis of regular performance and review will leads to better productivity and learning and increased feedback conversation, which may lead to and guilt free environment, and also this approach often leads to motivation of the employees for better performance.9.Employee involvementNowadays almost all the companies have employee involvement concepts which are accepted, some of the departments where employee involvement takes place are in managerial decisions, goal setting, delegation, team work etc. In order to facilitate involvement of employees in these areas the HR managers of today have a major role to play, which is to train the employees in these sectors so that they can efficiently take decisions and effectively participate in the delegation process, setting of goals and making decisions. For this the HR manager give various training to the employees such as of developing interpersonal skills to make work team function properly.10.employee talent = job description The most innovative HR practices of today is that of removing the job description, and defining the job on the basis of the employee’s skills, strengths, and interest, this new practice is bringing high success as it gives a perfect match of employee’s strengths to that of the job’s requirement. Therefore, serving as one of the recent innovative practice adopted by HR managers.