;
According to a report by Gartner, by 2026, about 25% of people are expected to at least spend an hour every day in the Metaverse. The report identifies that along with education and retail, a diverse section will be utilizing the Metaverse to establish and enhance their professional network, while a certain section will simply use it for recreation or spending leisure time such as for shopping, entertainment, etc. The Metaverse is already a serious business, and if anyone is having an ounce of doubt, the trend is such that the Metaverse will witness about 58% of businesses adoption in the next two years according to a report from World Economic Forum.
When Meta, Microsoft and other tech giants introduced their Metaverse worlds as Horizon Workrooms, Mesh etc, the idea of leveraging the Metaverse in the Human Resource (HR) sphere was arguably only nascent. With the pandemic, the idea has accentuated further. Companies are leveraging the Metaverse to conduct meetings, engage communities and even hire professionals in the alternate reality. The impact in the HR space is something almost everyone is awaiting to explore with bated breath, quite literally. A study conducted by ExpressVPN across employers in the US suggests 66% of employers and 3 out of 5 employees are keen and interested to explore immersive technologies and having a workforce inclined to it.
The impending challenges & how the Metaverse can help!
1. Hiring & Onboarding amid remote working conditions are challenging as both employees and employers get to know very little about each other while interacting virtually. In recruitment, it is imperative that both parties get engagement with each other before they start working together.
2. Inaction - About 49% of HR leaders are rooting for innovation to be their go-to mantra for success, and 46% of them have expressed inaction from their respective organizations towards being creative or innovative. According to Emily Rose Macrae, Senior Director, Gartner HR Practice, an organization’s action and initiative will have a greater impact and is considered significant when it comes to driving employee creativity.
3. A Dispersed Workforce in today’s scenario requires a collective platform to ideate and execute creative activities. A stable workforce at physical locations will get involved in unprompted, informal exchanges, a scenario often underplayed and unsung that helps organizations progress. Over the past two years, with the pandemic, such a situation almost feels like a bygone era.
4. Shift to Hybrid has without doubt contributed to limited associations and interactions among the workforce. New joinees often find it difficult to collaborate and mix with the existing team which hampers organizational growth and cohesion between teams.
5. An Unfair Workplace is often the case with various scenarios occurring each day at physical workplace locations. Safety and well-being of the workforce are a crucial part of an organization’s functioning. This is of-course a real-world problem that all of us are witnessing day in and day out, and needs addressing.
6. Stale Environments – More often a certain office environment may become redundant and sometimes uninspiring with absolutely no or less creativity. A conventional setup is what begins and ends a day at the office for most of the workforce.
The impending need today is to make the move with the will to welcome and strengthen the Metaverse world. It is certainly a concept that is coming to fruition at various levels especially for HR that focuses on recruiting and retaining talent, training and developing existing employees, and much more to develop and nurture the most important company asset – the employees. The mantle is now with the departments of HR to steer this wave in the right direction with the right leverage to stay ahead of the curve amid changing circumstances.
Looking to host an HR event in-person, virtually, or in the Metaverse? Eventcombo has custom solutions for all your corporate event needs. Book a free demo at <https://bit.ly/3ek2bif >
Choosing the right event management platform is vital for event professionals navigating the growing demand for in person , virtual, and hybrid events. Modern planners need solutions that offer robust features,...
Have you ever walked away from an event thinking, ‘ That could have been more productive?’ People attend events to build connections, exchange ideas, and collaborate.
Fundraising is the backbone of nonprofit organizations, providing vital resources to drive change and impact communities. However, organizing a successful charity event requires more than great ideas—it hinges on...