The advent of Human Resource (HR) technology has powered a dramatic shift in employee management and administration, especially after the COVID-19 outbreak. Tech-driven ways to recruit, engage, and manage employees are being adopted by a number of organisations. This has enabled HR professionals to focus more on adding strategic value to their organisation. HR technology can thus reinforce the potential of HR functions to ensure improved collaboration, seamless workflows, and better workforce productivity.
Tech-based HR can make your recruitment efforts a lot simpler by automating application reviews, resume assessments, and many more tedious tasks. With HR technology, businesses can make sure that all the onboarding formalities of new employees are dealt with before their joining.
By enabling remote working models through efficient tools, HR technology can alleviate the IT infrastructure management burden over businesses. It can also make your performance assessment processes more transparent to help you make data-based appraisals and promotions.
Get to well versed with these top 5 HR technology trends in 2021. Bring a major transformation in your employee management and administration efforts.
1. Reshaping Recruitment – Hassle-free Hiring With HR Technology
One of the most time-consuming jobs of an HR professional is candidate screening and selection. Skimming through a large number of resumes and reviewing applications manually can be an inefficient way to make additions to your workforce. You certainly wouldn’t like average results from your employees, so why settle with average talents while hiring?
HR technology is transforming the recruitment life cycle by digitalising everything from pre-employment tests to resume assessments. With high-tech tools at their disposal, HR professionals and recruitment managers are automating a number of mundane and tedious hiring processes.
The use of HR technology can help slash the time the recruiters need to respond to candidate applications, thereby creating positive candidate experiences. With remote hiring, tech-driven HR is also enabling organisations to accelerate their recruitment operations. HR technology can thus help businesses to streamline their screening process and ensure faster and more efficient hiring.
2. Remote Working System – The New Normal in 2021
Post the COVID-19 pandemic outbreak last year, the work-from-home or remote working culture has exploded. Organisations have realised the immense potential of digitalisation in maintaining seamless business workflows without the entire team being in the same room. The remote-working model has also quickly emerged as one of the most preferred employee perks.
Remote-working, although benefitting employees, has introduced a number of administrative burdens for HR departments globally. Keeping employees across different locations connected and maintaining a secure digital database of business documents is proving to be quite challenging. However, with collaborative project management and messaging tools, HR technology is enhancing the remote working functions of organisations.
Advancements in HR technology have brought remote-working to the forefront and enabled employers to hire previously inaccessible pools of talent. By incorporating innovative tools and technologies, organisations can employ tech-driven HR to ensure uninterrupted and productive remote working experiences. This can also help businesses to focus on their core objectives with a reduced IT infrastructure management workload.
3. Employee Performance Assessments – More Transparent and Accurate
Tracking and assessing employee performances are amongst the most critical functions of HR professionals. These metrics play a crucial role when making decisions about promotions, compensations, increments, etc. In the absence of an automated performance tracking system, employers are compelled to rely on ineffective processes or spreadsheets to analyse employee performances.
HR technology can enable tracking of employee performances continuously as opposed to the annual performance assessment and appraisal system. This gives HR professionals a better understanding of their employees’ strengths and weaknesses. Real-time feedback can also help employees in understanding the important areas of improvement for them.
HR technology ensures that both employees and employers are on the same page when it comes to the goals and performance of the employee. Reporting functions and HR dashboards can help HR professionals to accurately track and record employee performance metrics. HR technology is thus helping employers in analysing data better and making evidence-based decisions to ensure both, organisation growth and employee development.
4. Digitalised Onboarding – Ensuring Enhanced Employee Experiences
In today’s fast-paced world, employees are expected to get accustomed to company culture and start delivering value from day one. However, keeping employees busy with onboarding processes after joining the organisation can prevent them from quickly understanding pertinent company practices. HR technology can automate a number of these formalities and improve the onboarding experiences and engagement levels of employees.
With HR technology, you can automate onboarding processes including payroll formalities, background checks, document verification, etc in the pre-joining period. This can ensure that the first day of your employees is focused on connecting, conversing, and understanding the company values.
HR technology can enhance the efficiency of your administrative functions by integrating compliance parameters into the onboarding procedures. Digitalisation can also help in reducing the administrative burden over HR professionals by optimising the employee profile creation process. Consequently, technology in HR management will free up a lot of bandwidth of HR professionals and enable them to focus more on experience-enhancing functions.
5. On-demand Talent Model – Achieving Goals With a Blended Workforce
Businesses across the world, although skeptical initially, have now realised the significance of gig economy workers or contractors. Embracing the open workforce or on-demand talent models is bringing significantly greater returns for businesses. Consequently, organisations are now opting for a blend of contractors, freelancers, and full-time employees to achieve their goals more efficiently.
HR professionals play a crucial role in such a scenario to bring these diverse workers on one platform and maintain seamless business workflows. HR technology can also be helpful in managing the recruitments, performance, and compensation of these talents. This working model can be extremely beneficial in filling temporary or specialised skill gaps.
The use of HR technology can help in finding the right on-demand talents without taking up much of your HR professional’s bandwidth. With lesser in-office employees, your IT infrastructure management efforts are simplified and you can even keep your expenses down to a minimum. Adopting on-demand talents or a blended workforce model can thus help you reach your goals faster and also ensure maximum employee satisfaction.
The infusion of technology in HR functions can help in automating and optimising a range of HR functions. This can empower the HR professionals to emphasize more on value-adding and experience-enhancing activities while the tedious processes are being looked after digitally. TechHR is a premier HR technology tool by TechnoGen that can cater to all your employee management and administration needs. Upgrade your outdated HR processes to help your business achieve its desired growth in 2021. Contact us to know more.