In 2020, we witnessed rapid changes in workplace structures and business processes amid the pandemic outbreak. Advanced HR analytics solutions proved their potential amid the uncertainties by playing a crucial role in helping businesses understand and engage with a remote workforce. Today, HR technology advancements are providing businesses with new opportunities to improve workforce management, liberating HR leaders from repetitive administrative tasks. Besides, evolving HR technology trends in AI, ML, and HR analytics are aiding the delivery of analytical insights, enabling business leaders to focus on the personal and professional development of the workforce. As evolving HR technology trends take hold, organizations must become future-ready and build the capabilities to thrive and effectively manage the workforce amid uncertainties. – Contact us for expert insights.
HR Technology Trends Impacting Business Growth in 2021
Cloud HR Technology
To manage a remote workforce in a post-pandemic world requires businesses to adopt resilient solutions for effective employee management. Unlike traditional employee data management systems, a cloud-based system can collect and store data in a standard, easily accessible database. Real-time data access, a key feature of this system, can also help business leaders gain a holistic view of the workforce and easily spot new opportunities across all HR operations.
IoT in HR
With different use cases across industries, emerging HR technology trends have proven their potential in improving human resources operations. IoT embedded smart devices capable of detecting stress levels based on the heart rate and other parameters can alert HR teams of potentially problematic situations and help them under control. The use of biometric and sociometric sensors that capture fine-scale body movements and speech patterns among a group of employees can help gauge employee performance by studying the changing ecology of team structures and new modes of collaboration.
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Mobile HR Technology
The use of mobile applications specifically designed for managers and employees can provide real-time connectivity and self-service admin tools, allowing teams to collaborate and manage their timekeeping and scheduling on the go.
Artificial Intelligence in HR
In the past, HR leaders often could not capture and decipher employee feedback leaving employees feeling dissatisfied and unfulfilled. With AI-powered HR analytics platforms, businesses can now capture and analyze employee feedback in real-time and find correlations between multiple data points to gain valuable workplace insights.
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Apart from gaining detailed insights, leveraging HR technology trends can empower human resources teams to be engaged and plugged-in on a real-time basis, thereby enabling them to foresee issues and build meaningful solutions to tackle them.