From outsourced payroll to virtual onboarding, technology is rapidly rewriting how HR functions. This has massively changed the way businesses hire, engage and retain their employees.
Integrating technological innovations into the workspace is a game-changer for any business.
Here is a lineup of some of the best revolutionary tech innovations that you could implement and experience superior results.
Harnessing AI and Machine Learning
AI and machine learning (ML) are at the forefront of today’s HR tech trends.
AI-powered Human Resource Information System (HRIS), enabling real-time analytics, is the digital warehouse of workers’ data. It streamlines the process of talent acquisition, predicts high performers and enables strategic decision making.
ML algorithms allow HR to look through employee patterns and analyse their performance. This becomes important in determining whether they get job promotions and placements.
As the workforce dynamic keeps changing, AI and ML help HR to navigate through them easily.
Centring Employee Experience
Technology can greatly improve employee experience.
For example, social connection tools are used to maintain employee well-being, prioritise their mental health and encourage a strong team culture .
Moreover, immersive technologies are great for training employees. Virtual and augmented reality training provide an interactive and engaging classroom setup that makes learning easy.
Positive employee engagement and interactions with HR increase business productivity, maximise retention, and reduce the rate of employee turnover.
Opting for Cloud-Based Solutions
If you need a tech that makes it easier to track, manage and optimise HR functions with ease, then you would better turn your way towards cloud-based solutions.
It streamlines all HR processes and securely stores all employee records. By automating several difficult business tasks such as payroll, onboarding, performance analytics and more, cloud software does HR tasks efficiently.
Cloud-based HR solutions are not only highly cost-effective and convenient, they are sharp, error-free and help deliver a smooth employee experience!
Investing in Blockchain Technologies
While the application of blockchain technology in HR may sound controversial, trust us when we say it is worth it!
Blockchain builds a decentralised database that is secure from any cyber threat. This is ideal for storing employee data, documents, contracts, and data related to outsourced payroll.
It also helps in background checks. It verifies the candidate’s credentials while hiring. It scans through their skills and disqualifies inferior candidates early in the process, thus saving valuable time and resources.
With the help of blockchain, your business can identify problem areas and take measures to improve the way HR functions.
It automates several HR tasks, thereby saving time and reducing the burden of having to follow the same routine. This way, HR professionals can become more productive and creative.
Addressing Cybersecurity Concerns
Employee data security or privacy has been the biggest concern this year.
Data encryption and Identity and Access Management (IAM) ensure that data is kept private and password protected. They also protect VPN and allow access to authorised individuals from within the organisation. This technology also ensures that you can easily revoke an employee’s access to all portals in one go when they leave the organization.
Practicing high vigilance and investing in cybersecurity tech will help you protect employee data from cyber threats.
Conclusion
Whether it is automated onboarding, outsourced payroll, training and development or employee data management, technology has become all-pervasive! HR professionals can now focus on tasks that need strategic intervention as opposed to the daily administrative ones, thanks to advanced yet affordable technologies.
If you’re interested in updating the technology and systems in your HR department, don’t forget to mark this article as your go-to list.
words Al Woods
