The prevailing trend among companies over the last few years was to increase the number of paternity/maternity leave days for their employees. Now as a result of the pandemic, businesses have understood the criticality of psychological well-being. Numerous organizations have already made great strides toward eradicating the dogma and increase mindfulness about psychological illness and urge more employees to reach out for help, if needed. In the wake of the rapidly climbing suicides rates, there is also an increase in employee stress and depression. Such conditions are driving up medical care costs, as indicated by Aetna Behavioral Health. In the near future, bosses will have to work to de-stigmatize mental health by extending mental health benefits such as increasing “Days-off to take care of one’s mental well-being” and supporting different activities to improve the emotional well-being of their employees.

One of the significant changes during 2020 was the gradual shift in looking into the personal lives of your employees. With regards to working-from-home, finding the right balance between raising children, working, and caring for their respective families is a battle on its own. Furthermore, when an employer supports their employees’ lives effectively, they perform at a higher level while also leading an easier life.

Companies worldwide are competing to hire and retain top talent they can find. While they have their plates already full of keeping up with latest changes in the market, they also need to create and implement creative HR practices, or they risk being left in the dust by the competition. From recruiting new employees successfully, onboarding them, provide training and to finally orienting to the office work environment; there are numerous scopes of improvement of the HR practices.