Current HR Trends & Technologies Date:   Friday , June 05, 2015 ARM Holdings (NASDAQ: ARMH; LSE: ARM) is a semiconductor and software design company. Headquartered in Cambridge, England, the company has a current market capitalization of $24.67 billion. Some of the key HR trends that we will see more of in the days to come: Technology & its Impact on HR – We are increasingly becoming more and more mobile and connected in our lives. This has its impact at the work place as well. We will see technology play a much bigger role in how it enables the different people processes and practices in the organization. The shift will be towards making information and data available real time, at the employee\'s fingertips. The impact of technology will also be felt in making people processes more streamlined, transparent and effective across the organization irrespective of geographical boundaries. Technology will also play a key role in being able to attract and retain great talent. Given the impact that social media and networking has in our lives today, these will play a strong role in attracting, retaining and motivating the best talent Becoming more Global & \'Glocal\' – Companies and its operations are no longer being defined or limited by geographical and physical boundaries. Advancement in technology has meant a more connected and global work force. With this we are increasingly seeing roles and responsibilities becoming more global in nature, played by individuals with the right capabilities irrespective of the location/region that they may be in. Also, while becoming global we will also see the shift to tweaking and customizing processes and practices to suit local requirements thereby making it what is now being called \'glocal\' practices Agile Performance Management Practices – We will see companies move away from conventional performance management practices and get to having more agile performance management systems. The philosophy here will be centered on managers and employees having the right conversations at the right time, augmented by the right feedback. They will increasingly provide managers and leaders the flexibility and discretion to tailor performance management solutions most impactful and relevant for their teams Great Leadership – Last but not the least, great leaders will continue to be the bedrock of successful organizations. Leadership skills and capabilities will be key in making all people processes truly impactful and effective. So this is going to be one trend that is not going to fade away anytime soon and will be an absolute must for any organization to have What role does a good work culture play in attracting good talent and retaining them? How is it going to be in the coming days? An organizations work culture is a coming together of its values and beliefs. Something that it\'s employees live and breathe day in and day out, is reflected in the work that they do, products that they create and interactions that they have with partners, customers and society at large. So work culture is akin to being the DNA of an organization. And very much like the DNA, an organizations work culture is very much its own, quite unique and difficult to replicate. Also, building a great work culture takes significant time, effort and investment of organizational and leadership energy. Given it is the people in the organization who define and shape its culture, each and every employee has a vital role to play in building and enhancing the work culture in the organization. In today\'s dynamic market place, one often has many options to pick from in terms of career opportunities and companies that they would like to work for. In here, while the conventional aspects such as work content, compensation, designation etc. do play a role, it is in fact an organization\'s work culture that is a key element in the decision making process of many candidates. Interestingly, information about a company\'s work culture is never usually found written or documented anywhere. Yet, it is mostly through word of mouth, formal/informal personal and professional networks that information of a company\'s work culture spreads and proliferates. So it is pretty much the reputation that a company has built over a period of time that truly represents who and what they are. In the days to come work culture will continue to be a key differentiator in being able to attract the best talent in the industry. More and more people are looking at the work they do in being able to give them the larger sense of purpose and be able to see the impact that their contributions are making. Therefore they would clearly look at an organization and its work culture to see how it helps enable this goal. So a great work culture will be key in helping organizations stand out and be able to attract the best and the brightest out there. Policies and benefits at ARM The Policies and benefits at ARM are comparable and on par with industry best practices. In fact over the years, the company has proactively reached out to understand industry trends and practices and has taken the lead in incorporating these aspects in its policies and benefits. A good example for this is the company\'s Sabbatical leave benefit where employees, on completing 4 years in the organization are eligible to take a month\'s paid leave to rest, refresh and get back to work with renewed energy. This is also the company\'s way of acknowledging and recognizing the individual\'s contributions at the work place. So while the benefits and policies at ARM are on par with the best in the industry, what sets it apart is the philosophy that it is based on the spirit in which these get interpreted and applied at the work place. Trust and empowerment are key aspects in this regard. It is the belief that an employee knows best in terms of what is right and what needs to be done. Last but not the least the policies and benefits in the company are viewed as guidelines and not rules.