Many organizations and industry leaders are now realizing the impact of HR tech trends in the actual efficiency and productivity of manpower. The implementation of HR technology is currently gaining momentum which is said to now shape and debunk tradition in terms of the new standards of work per se. Businesses are now combining the synergy of human resources and technology to rake in the benefits.
What Is This “New Work Concept” All About?
This “new work concept” revolved around the idea that employees are considerably more efficient, time-savvy, and driven whey they are virtually connected. Customers, on the other hand, greatly benefit from this as their queries and concerns are addressed away with customer service representatives or sales personnel who are always on. More so, a lot of companies are eyeing their recruitment bait to individuals who are accurate, skilled, and tech-savvy.
This helped set the pace for any given industry. Although there were a few setbacks for those who couldn’t quickly cope up with the rate things are going in terms of speed and efficiency. This also resulted to an evenly distributed organization that focus more on collaboration and healthy competition.
Evidently, this so-called new pace or phase of work also requires advancements or innovation specifically from the HR management. Rather than cringe in doubt or get paralyzed with inadequacy or fear, this innovation has actually set the stage for HR proponents to adapt to the modern times and respond to the call for a remodeled HR system that works seamlessly with technology.
This is created and opportunity for HR to step up its game. This paved the way for different cloud-based applications which serve as a platform for organizations to be able to provide efficient and up-to-date HR system processes and information. With the combination of research, knowledge, skills, and experience, many HR organizations are now able to provide the groundwork for HR technology trends that impact many organizations today.
Here’s what has improved with HR Tech Trends in place (so far):
HR Integration With The Cloud.
Mobile-enabled HR Solutions.
Updating HR Tech Strategies.
Many companies have been operating using old and barren technologies or strategies that have not been updated for a couple of years. This could have been due to ERP systems which are usually very costly and would take so much time and energy to implement – until recently. This has been changed by the boom of different HR application vendors such as Mettl which offers a wide range of Software as a Service (SaaS) platforms.
Emergence Of Software As A Service (SaaS).
In line with keeping HR tech strategies up-to-date, recent studies have found that the use of these SaaS applications can double in a matter of two years. This application would in fact be a dominant player in the implementation of different HR applications which consist of recruitment, training, payroll, benefits, and analytics; to name some. Hundreds of these HR service vendors would be flocking the market which is actually a great advantage because there would be more options to choose from. This provides variety in terms of products and services as well as flexibility with prices too.
- Analytics At Work.
Many companies do not yet realize the value of analytics in HR until recently. This enables strengthening of internal capability and also demonstrates great ROI which is critical in decision making.
Increased Employee Engagement.
It’s hard to find and makes it even more difficult to keep great talent in the industry which posed a lot of challenge for many companies. Employers are now looking into technology to help out in this department or specifically in workforce training and development. Many employers are exploring ways to provide engagement that cater to a wide variety of employee demographics.
HR tech can definitely help by offering integrated solutions that will keep you abreast with innovation that will allow you to stay ahead of competition. Technology is very agile and accelerating at great speed which should be compensated by a competitive and effective HR technology. To drive change into any organization, it is important to invest in an HR technology platform that will keep you at par with industrial trends.