OMAM Pulse - December 2024

Dear Colleague,

Welcome back!

Season’s greetings! 2024 has been a transformative year for the HR industry, with2025 set to be a year when many new initiatives get wings. In fact, one of the biggest trends is the growth of
HR tech with this market anticipated to touch$38.36 billion by 2030. One of the biggest growth drivers in 2025 will be the integration of AI into more HR functions for better employee engagement, predictive forecasting, and streamlining operations.

Administrative HR jobs came down by 18% as per reports this year, while there was 10% growth in HR strategy, organizational development and data analytics positions. What does that tell you? The HR role is gradually transitioning to amore strategic one from being purely transactional. Other trends that came to light in 2024 include data-based hiring, more inclusive and diversity-centric recruitment practices, and the growing focus on employee wellbeing and work-life balance. These are expected to be the key themes as we rocket into 2025.

On that note, wishing you a Merry Christmas and a Happy New Year.

Here are all the updates you need to know this month.