Article | October 18, 2021
Fast transforming workplaces mean more focus needs to be placed on human resources and their management. According to current HR tech trends, the future of HR will witness a strategy-driven approach. HR teams are the gatekeepers of an organization’s vision and mission. In 2022, they will also be significant drivers of business outcomes and advance its financial success through human capital management.
As workplaces become remote, the world is witnessing several technology-led innovations in HR operations hiring and recruitment. But what are some non-tech transformations that have forced organizations to revisit their workforce management?
Integration of the gig economy
The normalization of remote work as the primary way to do things has opened the doors for the gig economy to make its way into the mainstream. As organizations become more adept at managing a hybrid workforce, remote workers, including employees, freelancers, and even specialist contractors, can deliver direct services without much interference.
With tools to measure productivity and performance, the gig economy is no longer a subset of the job market. Further, organizations embracing the latest HR tech will become simpler,enablingremote workers to collaborate and manage a hybrid workforce of full-time and freelance employees..
Rise in outsourcing
Innovations in HR software will also encourage HR to incorporate employee self-service and automation software in turn, enabling independence across the board. In addition, as many roles are outsourced to specialists, HR resources can be capitalized to identify new strategies and put tailored initiatives and policies in place to engage employees and improve their work experience.
Cloud HR has further enabled the outsourcing of roles to specialists to perform HR functions like payroll management. With these new developments in the role of HR leaders, outsourcing will become rampant, reducing the cost for in-house HR teams.
Employee Wellness at the heart of HR
While, traditionally, HR operations focused on capitalizing on the organization’s workforce through performance, employee wellness has proven to be just as critical. In addition, the COVID-19 pandemic amplified uncertainty in its wake. As a result, most employees have to balance the concern for their health and safety with the uncertainty of work.
Modern HR management considers these concerns and puts employee wellness at the center of its new policies.
People management around the globe is shifting towards adopting a more data-driven approach to improve employee experience intelligence. People Analytics is a huge step towards using data to identify, configure, and predict the challenges in HR.
“Organizations require insights at everyone’s fingertips, no matter where they are on their digital business journey.”
- Mark Palmer, Senior Vice President, Engineering at TIBCO
With the integration of Artificial Intelligence (AI) and Machine Learning (ML), this trend will transform the way companies attract, hire, and retain talent. In addition, the use of big data to develop personalized HR and marketing initiatives will lead to improvement in performance management within the organization.
Reimagining sustainability and agility
In the backdrop of the global health crisis, the importance of resilience and sustainability in business is evident more than ever. Furthermore, HR leaders focusing on faster adaptability improve business outcomes for organizations.
Organizations encouraging a culture of listening, ensuring trust, and a sense of security for their employees need to manage employee sentiment with fast decision-making. That is essential during times of crisis. At a point when time is of core essence, HR professionals must be prepared to course-correct quickly and identify new solutions to manage evolving challenges.
Emphasis on cybersecurity
Digitizing core HR functions and work processes has shed a spotlight on the importance of cybersecurity. As a result, maintaining a robust remote infrastructure will be the number one priority on the lists of both HR and IT teams. Everything, from ‘Work from home’ to information confidentiality policies, have to be reframed to accommodate a mobile workforce.
HR leaders might want to take a leaf out of IBM’s book. As a tech giant, IBM’s VP of data, AI, and strategy oversees the HR department’s use of data to enhance employee retention and encourage talent mobility within IBM. This is a significant example of encouraging collaboration between the IT, data, and HR teams to improve human resources management.
In a nutshell
While HR’s main aim will be to strengthen the organization’s human capital, a foresighted approach have to be adopted. Even though the current scenario makes it impossible to tell for sure, upcoming trends and patterns are helpful inidentifyingwhere HR is headed.
In 2025 itself, HR is envisioned to be much different than what it is today. HR leaders will become an integral part of decision-making teams, charting strategies and consequently making business decisions.
Frequently Asked Questions
What should be the main focus of HR in 2022?
HR needs to focus on employee engagement across the organization. In addition, with a hybrid workforce, it is vital to integrate HR tech to improve employee experience at every stage.
What is the future of HR tech?
Technology in HR will take precedence in administrative functions. This means HR resources can be better utilized to boost people-oriented policies. Using tools like artificial intelligence, machine learning, digital learning and development, an emphasis on creating a culture of digital collaboration is a must-do for all HR teams.
Will AI take over HR?
No. The HR function may undergo automation and adopt machine learning to identify and predict solutions. However, being a people-oriented process that requires human perception will remain the core of HR for a long time.
"name": "What should be the main focus of HR in 2022?",
"text": "HR needs to focus on employee engagement across the organization. In addition, with a hybrid workforce, it is vital to integrate HR tech to improve employee experience at every stage."
"name": "What is the future of HR tech?",
"text": "Technology in HR will take precedence in administrative functions. This means HR resources can be better utilized to boost people-oriented policies. Using tools like artificial intelligence, machine learning, digital learning and development, an emphasis on creating a culture of digital collaboration is a must-do for all HR teams."
"name": "Will AI take over HR?",
"text": "No. The HR function may undergo automation and adopt machine learning to identify and predict solutions. However, being a people-oriented process that requires human perception will remain the core of HR for a long time."
Article | October 18, 2021
You will no doubt have seen that the European Court of Justice recently issued its judgement in the Schrems II case and held that the EU/US Privacy Shield programme was invalid.
The Privacy Shield is one of the mechanisms that can be used by businesses to protect transfers of personal data from the EU to the United States under the GDPR.
Egress Software Technologies, Inc. (our US subsidiary in Massachusetts) has been certified with the EU/US and Swiss/US Privacy Shield Programmes since 2019.
Article | October 18, 2021
At Bonusly, you’ll never find us without a good staff appreciation idea. After all, recognition-rich cultures have been proven to improve engagement, reduce turnover, and even increase productivity. We've assembled a list of staff appreciation ideas so you can get started on your own team. And if you have any questions around appreciation, let one of our appreciation experts help you further:
Article | October 18, 2021
If you want to increase employee performance or drive behavioral change plus achieve a high ROI on your training spend, read on! In this article, I share 10 mobile learning trends for 2020 with tips for each that will help you maximize their impact. Discover What Mobile Learning Trends You Should Adopt In 2020. According to a survey by the Brandon Hall Group, mobile learning now features among the top three business development priorities for companies and ranks only behind the need for seamless business alignment and improved data mining.