The landscape of people management has been dramatically changing over the last few years, thanks to millennials saturating the workforce at this point and the continuous advancements in HR technology. In the past decade, we have seen HR technology successfully automate and streamline existing HR processes — and with emerging technologies such as artificial intelligence and machine learning, we’ll see HR technology going beyond that.
Here are the top HR trends to consider for your business in 2021:
Cloud-based HR
With remote working and the gig economy on the rise, cloud-based technology becomes necessary for business continuity and productivity — and can be considered the future of HR tech. Cloud-based people management platforms will enable HR teams to access data real-time and make sound decisions accordingly. Moreover, they also give employees control over their data, tasks, and benefits, giving businesses the tools to track engagement and productivity more effectively.
Artificial Intelligence
Integrating artificial intelligence in HR processes can ease the workload of HR teams by automating repetitive tasks, giving them more time for more high-impact activities. The recruitment process, for one, can benefit from automating tasks like filling out forms, data encoding, setting schedules, and sending emails. AI-based algorithms and cloud computing can also help HR teams understand people’s profiles better and narrow down applicants more effectively.
Chatbot is also increasingly becoming popular over the last few years. With the use of chatbots, recruiters can increase the pace of candidate processing by slashing the time recruiters need to respond to job applications. One company that offers intelligent conversational HR chatbots is Botspice. (To know more on how you can create intelligent conversational HR chatbots visit www.botspice.com)
Learning and Development Tools
We’ve been seeing rapid advancements in artificial intelligence in the recent years, and it is safe to say that a huge part of the jobs we have now will be automated in the near future. However, this does not mean that there will be no jobs left for humans. It only means that the jobs will be different. This is where continuous and up-to-date learning and development efforts come in. Building your employees’ transferable competencies and skills is crucial in preparing them for change, and this can be done by investing in HR tech tools for online employee learning, personalized career pathing, identifying skill gaps, and reviewing competencies.
Data Security
Handing out paper payslips is almost an obsolete practice at this point, and with most things being done online, businesses are more compelled to strengthen their data security protocols to protect employee data and information. Tech vendors shall continue to reinforce safety for the data that clients entrust with them, while companies shall maintain systems that will ensure that employee information is well managed and processed. Amidst continuous digital transformation, tools and software that reinforce the safety and security of important company data will never be out of trend.
Bottomline
With the rate that digital transformation has been going recently, we should expect HR technology to continuously adapt to meet these changes. The HR department is critical to a business’ success, which is why it must always remain up-to-date with technology trends, and evaluate which of them will drive the business forward.
ABOUT ASEAMETRICS
ASEAMETRICS is an HR Consulting firm established to provide solutions to help companies solve talent-related business problems. They are an expert at providing technology-based solutions to help companies identify, develop, and manage the human resource for business success, today and in the future.
Integrated into the company’s high-impact services are advanced technologies through HR Avatar (for E-Testing), Udemy (for E-Learning and Competency Development), Arbinger (for E-Learning – Mindset Change), Withiii (E-Organizational Development), ESM (E-Strategy Management), and HopeChat VP (E-Psychological Services).
