11 mins
Aug 29, 2023
In a fast-changing corporate ecosystem, the HR function is required to continuously evolve by leveraging latest technology. In the past decade or so, digital HR management systems, have become highly-functional, making human resource management experience seamless and more productive.
Like the previous years, 2019 seems promising for the digital HR ecosystem with several powerful tech trends emerging for the HR landscape. We are highlighting the top digital HR trends that will help companies in making their HR function more productive and efficient with the help of technology.
Corporate performance management has become a standard function for all HR department across organizations, globally. Till recently, it was associated with fixing goals and reviewing the actual performance to find how much the employee is worthy of annual appraisals.
According to Bersin by Deloitte, there has already been a massive increase in the number of tools for employee feedbacks, surveys and analytics. This will help organizations in structuring the CPM function and finding an employee’s worth continuously throughout the year. The shift will be gradual, but it will help in streamlining the mundane appraisal process.
With more and more interactive feedback tools coming into the landscape, team players inside the workforce will benefit and companies will see a greater level of work satisfaction due to instant gratification via continuous evaluation and appraisals.
With competitive work landscape, it has been seen that employees are working harder than ever. HR departments have already realized that if employees are not happy that would mean lower productivity in the long run. In the next one year, we can see higher investment in wellness mobile applications, solutions and tools that engage employees, and enhances the work-life balance quotient.
Already, work-life well-being market has scaled up to phenomenal proportions. With the infusion of technologies such as AI, VR and AR into products and apps, the possibilities are limitless.
Already organizations are investing heavily in gathering information about employee’s mental and physical health and aligning it with pre-defined objectives to improve work culture. Companies such as Facebook, Google, BCG are understanding the impacts of work-related stress and trying to create refreshing wellness programs. The trend is likely to grow in the coming years, too.
At present, companies are focused not only on improving customer delight but at the same time enhancing employee delight, too. With the help of efficient digital HR solutions such as self-service tools and HRMS solutions, companies are aiming to improve experience as well as efficiency of HR processes.
Automated self-servicing tools will continue to disrupt the market and companies will emphasize on improved user experience for employees. Using AI tools, scheduling tools and other disruptive technologies, self-service has achieved new frontiers owing to conversational capabilities.
Through these tools, enterprises are trying to reduce the burden on HR department for managing things such as attendance, leaves and holidays. Leveraging technology, everyone is trying to automate functions via self-service so that everyone can focus on improving the bottom line.
Millennials are hooked to mobile phones for everything. In the HR world too, they are leveraging the mobile devices to find jobs, apply and get evaluated. In the future, mobile recruitment will be an important part of a company’s HR strategy and video interviewing grow.
Not only will it help save time for both recruiters and the candidates, but it will also help in gathering insights for future recruitment drives. By storing video interviews on the cloud, companies can save themselves the problem of overlapping evaluations in the future.
With digital HR solutions becoming more powerful, enterprises will be able to gather more data about employees. Using the data acquired via such tools and solutions, management will be able to take better decisions by relying on patterns instead of just instincts.
Managerial decisions based on accurate data will lead to higher satisfaction. Decision-making ability and credibility will improve, and it will help in aligning right people for the right job at the right time. Not only will it enhance employee engagement but will ensure everything is synced to improve the bottom line without hampering professional growth abilities of an employee.