Staying on top of HR tech trends can help your company manage HR tasks more effectively, whether you’re tracking applicants and candidates, managing employee engagement or administering benefits. Watch these 3 HR tech trends to ensure you’re staying current on the capabilities.
Real- Time Analytics
More powerful software means more capabilities, and real-time results are one of the most important advances for strategic HR departments. Being able to manipulate real-time data and gain actionable insights is a significant factor in making HR a strategic business function instead of a purely tactical one.
Real-time analytics are especially useful in employee engagement and performance. The explosion of cutting-edge HR technology has placed tremendous responsibility in the hands of talent management professionals, according to a study from SilkRoad. The company has done research into tech usage among HR professionals and found that growth across a variety of channels will continue in the coming years.
According to SilkRoad, 62% of HR managers want to use data more effectively in performance management. With real-time results, they can find where employees need improvement and provide feedback or suggestions immediately instead of waiting for an annual review.
Mobile technology drives many business interactions and HR is no exception. As HR departments and managers reach out to employees more for employee engagement and other purposes, mobile applications are a natural fit. “Recruiting is also primed for mobile growth,” says Rasheen Carbin, co-founder and CMO of nspHire. “Companies want simple, intuitive, mobile solutions to their recruiting needs as HR moves out from behind the desk and takes a more active role,” Carbin says.
“That means the tools that HR and recruiting professionals will use will increasingly have to be well-suited to the phone or tablet,” he says. In addition, SilkRoad’s research found that 63% of professionals rated mobile access to HR applications as “important” to their companies moving forward. With the added convenience, ease of use and data capabilities mobile can provide, look for mobile solutions to become more popular in the coming years.
Moving to the Cloud
Cloud-based recruiting and benefits platforms make it easy for companies to strategically administer HR while increasing flexibility and keeping a rein on costs. According to Bersin by Deloitte, payroll and time tracking, employee learning, engagement and recruitment have all seen major changes as new solutions are designed for the cloud. As companies invest in new Human Resource Information Systems and Human Resource Management Systems, cloud capabilities will be increasingly important to businesses of all sizes.
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