The workplace scenario has dramatically changed in the last year with HR trends increasingly becoming the accelerator for workforce transformation.
HR leaders were on the frontline of capabilities to address the various internal and external transformative trends, including innovative workforce models and looking after the physical and mental wellbeing of employees.
HR-related technology will upsurge business productivity and enhance employee engagement in diverse work situations.
To realize this goal, it is important to recognize the shift in industry trends to remain relevant in today’s constantly changing business and work environment.
The following are key HR Technology trends to look out for that could potentially shape workforce dynamics moving forward.
A transition towards hybrid and remote teams
In pre-pandemic times, the remote working option was employed only by a few organizations. However, the pandemic forced the global workforce to embrace either remote working or a remote-office hybrid arrangement at an unimaginable scale.
A recent Gartner survey predicted that 48% of employees will choose to work remotely post COVID-19 versus the figure of 30% recorded before the onset of the pandemic. The work environment is predicted to continue along these lines for the foreseeable future, therefore, organizations must build an effective talent strategy to support employee requirements and create schedules that fit diverse needs.
HR leaders should emphasize a balance of the hybrid work model, wherein employees continue to work remotely, and occasionally meet for discussion, team building sessions and various collaborations. Remote screening, onboarding, and training and development will be the new normal of HR technology and HR leaders should actively balance both hybrid and remote teams to ensure successful outcomes for both employees and employers.
In the HR technology landscape, Artificial Intelligence (AI) driven recruitment is fast gaining momentum. AI-led solutions are leveraging tools such as conversational chatbots, facial expression analysis, candidate sourcing, employment assessment, and onboarding to help recruiters automate their sourcing process.
AI-driven data insights enable end-to-end hiring solutions across CHROs, staffing agencies, and contract workforces. AI tools allow HR leaders to streamline organizational tasks, gain valuable insights on candidates and employees, and hold on to the best talent in the industry.
Cyber Security for HR
While remote working is here to stay, it also increases the possibility of cyber security threats. To mitigate risks, HR leaders will have to implement a robust cybersecurity framework to safeguard critical data from being compromised.
These include constant monitoring of security protocols and regulations with consistent device and application updates to reduce vulnerabilities in a remote hybrid work setting.
Leverage internal talent mobility
Businesses today are gradually considering internal talent mobility to improve agility and enhance retention rates. Creating a robust internal mobility program will facilitate business performance, employee engagement, reduce the cost of talent management and save time.
Internal mobility includes new opportunities within the company such as project swaps, upskilling employees for new positions and mentorship. As HR trends continue to evolve, internal mobility is crucial in bridging skill gaps and preparing the current workforce to be more resilient in the face of change.
Augmented Analytics in HR
A significant number of HR professionals today are adopting augmented analytics trends to deal with HR data. HR analytics provides data-driven insights on workforce analytics and talent analytics to enhance business performance and make strategic business decisions based on these metrics. With businesses facing waves of disruption, augmented analytics can help optimize business processes by producing easier, faster, and more powerful data insights.
Technology makes work more inclusive and accessible for all
Technology provides an opportunity for organizations to facilitate a more inclusive workplace. By implementing accessible technology, HR executives and IT leaders could retain top talent, support the bottom line, and improve the organization’s brand image. Accessibility-driven tools provide opportunities for businesses to focus on larger markets and help enhance the employee work experience.
For instance, voice assistants for accessibility such as Cortana, Siri, Alexa, Google Assistant, and Bixby allow users to dictate emails, text messages, or issue commands that produce a virtual identity that users can interact with. These hands-free features provide users with mobility challenges an easier option to access technology. By eliminating barriers in technology, organizations could render an all-inclusive employee experience across all their products and solutions.
Looking forward– Innovative digital trends will continue to enhance employee retention and drive workforce transformation. As the future of work evolves, emerging HR Technology trends will play a vital role in maintaining and improving existing and future employee engagement, which will help to scale up businesses successfully.