How Tech is taking HR to the next stage!

Start up / Incorporation / Registration By - Nupur Gajjar

“It is not the strongest of the species that survive, nor the most intelligent that survives. It is the one that is most adaptable to change”

This quote, by Charles Darwin, seems logical in every industry and profession. HR doesn’t function as an exception.

The organisations are being interconnected and knowledge-based than ever before. As  a neighbourhood of survival, they need to coach themselves to adopt trending changes. Here the growing technology is playing its significant part to drive changes  within the world.

In a fast growing technological world the way nosiness is being forced to adapt different methods to continue its presence, same way HR too is being transformed by Technology. Therefore, the Digitization has become a matter for HR functions.

Technology has not simply replaced human efforts. However, technology is building smarter and better managers.

Let us have a glance on how technology & automation have bought changes in the HR’s world

Remote and flex work

Few years ago, many of us weren’t aware of work from home concept and it had been like fiction.  Now it has become common for many of the working force.

The remote workers  & remote working has transformed from unique to mainstream. Many companies in the India have team members who work from home at least sometimes.

Increase the pool of talent is not the only benefit. Remote workers are more productive; they enjoy a far better work/life balance and will even be more engaged than onsite employees

In addition, of course, remote teams are less expensive for the organisations. When organizations hire from the local market, they need to meet the local compensation standards. Hiring in less competitive markets or even offshore may result in savings in compensation. Moreover, the savings on office expenses are often considerable.

Employee development

The employees learning and development can be avoided in any case. Now traditional & inflexible companies are also looking after the employee development ideas.

The skills needed for few of today’s jobs will become obsolete in the future. This means every company have to follow learning & development strategies.

So far, technology has been automating monotonous jobs. Artificial intelligence is quickly broadening the jobs machines will be able to take on, so organizations need to focus on accommodating these changes and train employees for upcoming new jobs.

Meanwhile, the soft skills like, teamwork, collaboration, communication, analytical ability and leadership are becoming so valued and hiring managers are considering these skills on a priority basis.

In this digital era providing learning and development opportunities are essential to organizational success, increasingly critical in attracting and retaining employees. According to LinkedIn 94% of employees, prefer organizations that provide continuous learning and career development.

Artificial intelligence & Machine Learning

Artificial intelligence & Machine learning are in trend, and many organisations are adopting these methods rapidly in HR workforce. AI can analyse, predict and diagnose to help HR teams make better decisions in recruitment & performance management.

According to Josh Bersin, founding father of  Bersin by Deloitte and global analyst, employee engagement will leverage artificial intelligence and transform into more proactive and data-driven systems. The system will use intelligent “nudges” to assist organizations in developing rules, predictions, tips and suggestions to build a more employee-oriented workplace.

Branding

With the huge surge in social media and interesting professional networking sites like LinkedIn, everything that happens inside the organization is visible to the surface world. Social media can enhance the reputation & visibility of the company but it’s also weaken the same.

Technology has caused an incredible shift in influence. within the digital era, any person is reachable. That is how one single person can have more influence on consumers and prospects than an entire organization. The organisation can also consider employees as its brand ambassadors too.

This is not an opportunity but a reality. The future of branding is personal.

NEWGEN    

The new generation after millennials is generation Z (are those born between 1997 and 2015). The new generation is simply starting toto enter the workforce, mostly in internships or entry-level roles. Millennials and the technology they grew up with, forced organizations to abandon many legacy practices and adopt a more collaborative and flexible management style.

We still Don’t know what kind of changes this new generation will lead, but some hints are emerging from surveys and from those young people who have joined the workforce.

This is the first generation to have grown up with Smart technologies. Because of this, this new gen expect the same experience that they are getting from various sites online with ample of alternative options. As a Glassdoor report depicts, those who use their smartphone to hunt the jobs aren’t willing to work through lengthy applications.

So the things were important to first generation will not be useful to this new generations. They want flexible hours to work, fast working software & systems, which help them to work with more efficiency.

Moving to the cloud

HR technology began  to shift from on premises systems to the cloud. Today, most of the HR functions are or can be cloud-based.

This cloud based enabling employees to access to information about their work, benefits, payroll and schedule. Anytime anywhere.  It provides HR the ability to analyse the data from multiple sources to have insight into workforce and performance.

Moving to the cloud is making it possible for the first time for HR to use people analytics to identify employee’s ability, improve the quality of hire and make predictions about succession and skills needs.

Cloud-based solutions offer flexibility and agility in HR functions that are crucial for today’s digital workplace and workforce, and boon in this pandemic situation mainly.

Source: https://www.hrexchangenetwork.com, https://www.tlnt.com,

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