Technology has the power to transform the world of human resources. Increased connectivity, big data, and social media have all transformed the way companies hire, manage and retain workers, and HR technology has played a major role in the evolution of human resources. Companies are looking for the next big thing in HR technology, and top HR executives are brainstorming some of the most exciting trends in the field today.
With all the various technologies available to HR professionals today, it’s easy to get overwhelmed by it all. But before you throw your hands up in the air in frustration (and just to give up), take a step back and consider how each of these technologies can help you to perform your HR functions better. And before you try to choose the right technologies for your organization, you should have a clear picture of what you need them to do.
When it comes to business, technology is the lifeblood of it. Without technology, business would not be possible. Businesses need technology to stay competitive. Technology has been a major factor in the success or failure of many businesses since its inception. Businesses that once dominated the market have now gone out of business because they didn’t keep up with the fast pace of technology. The availability of software that can ease the workload of employees by streamlining all business processes has made the competition much fiercer than it was a decade ago. Software like ERP (Enterprise Resource Planning) is now being integrated into the workflow of most fast-paced industries. However, the integration of any new software can only be successful if proper information and training are provided to the employees who are going to use it. This is why most companies tend to refer to consultancies similar to Syte Consulting Group who can coach them for an effective ERP implementation.
Similarly, the biggest trends in HR technology are all about streamlining (or automating) those administrative tasks that eat so much of HR professionals’ time.
While the more routine jobs such as getting a custom id badge printed for each new employee can be accomplished with the help of companies like InstantCard (that also likely use many automated tools to get the job done), there are many other tasks involving employees and the company as a whole that need to be tackled by HR on a daily basis.
The first trend is behavioral analytics, which can be used to determine the most effective recruitment content and candidate characteristics for a given job.
The second trend is employee surveys, which are a great way to solicit honest feedback from employees about their work experience.
The third trend is gamification, which can be used to increase engagement and employee productivity.
Having said that, there are more things that an HR department can do.
Using a Cloud-Based HR
The Cloud is a buzzword that gets thrown around a lot, and often it can seem like companies just use it as a fancy way of saying “online.” But what is the Cloud actually? Simply put, it’s a large network of remote servers that are linked together for the purpose of securely sharing information. For example, your email account doesn’t actually live on your phone. It exists on a remote server that you can access from anywhere.
A shift is happening in the HR world. Rather than maintaining an in-house HR department, many organizations are shifting to a Cloud-based HR that will save them time and money. People also tend to make use of edge computing technology or other similar applications as they might help with data processing, analysis, and filtering, which could be useful in the HR market when selecting candidates and much more.
At first glance, it may seem like the only benefits to keeping human resources in-house are that you know who to blame when something goes wrong, and you’re the first to know about a major HR issue. However, the advantages of using a Cloud-based HR extend far beyond these. Here are just a few:
Use New and Unique Learning Tools
The traditional corporate learning tools that have been used in years past are no longer the best way to train employees for today’s business environment. With the advent of social media, virtual technology, and Technology Podcasts, information is not only readily available for employees to access, but it is also being delivered in a variety of formats that include visuals, audio, and more. This new breed of corporate learning tools is quickly becoming the way to train employees for today’s business environment, as well as the key to building a competitive workforce.
The rapid change of technology and global competition has created a situation where companies have to find out a better way to stay on top of the game. Learning and Development is the most preferred way to achieve this. There are many corporate learning tools available in the market, but it’s important to choose the right one.
Add Or Increase Remote Teams
The world has gone digital. Everything from communicating to trading, shopping, and entertainment is done digitally. There is also one more thing that people do online, namely work. This is also known as remote work. Remote work provides many benefits to the employer and the employee. For the employer, it provides extra flexibility in managing his or her employees. For the employee, it provides extra flexibility in balancing work and life goals.