The digital revolution has brought about a paradigm shift in the way HR functions. The HR technology landscape has evolved to become more agile, efficient, and user-friendly. The following are some of the key trends that have emerged in the HR technology.
Cloud-based HR systems
Cloud-based HR systems have become increasingly popular in 2017. These systems offer a range of benefits, including scalability, flexibility, and cost-effectiveness. Cloud-based HR systems also provide real-time access to data, which enables HR professionals to make informed decisions. Some examples of cloud-based HR systems are Namely, Ultimate Software, Ceridian, ADP Vantage, Zenefits, and BambooHR.
Mobile HR applications
Mobile HR applications have become an essential tool for HR professionals. These applications enable HR professionals to access HR data and perform HR functions on-the-go. Mobile HR applications also provide employees with real-time access to HR information, which enhances employee engagement. ADP’s mobile app, which allows employees to access data like pay information anytime, anywhere and Workday’s mobile app, which enables employees to access HR data and perform HR functions on-the-go are great examples.
Artificial intelligence (AI)
AI has emerged as a game-changer in the HR technology landscape. AI-powered HR systems can automate repetitive tasks, such as resume screening and scheduling interviews. AI can also provide insights into employee behavior and performance, which can help HR professionals make data-driven decisions. There are some great systems available now - Workable, which automates the recruitment process by analyzing resumes and matching them with job descriptions and ADP DataCloud, which provides insights into employee behavior and performance, etc.
Employee engagement platforms
These platforms enable HR professionals to measure employee engagement and identify areas for improvement. Employee engagement platforms also provide employees with a platform to voice their opinions and concerns. Stella, uses algorithms to sift through candidates and opportunities to serve up the best fits. Resource, another system, uses AI to provide personalized learning and development recommendations to employees.
Analytics
Analytics has become an essential tool for HR professionals now. Analytics can provide insights into employee behavior, performance, and engagement. These insights can help HR professionals make informed decisions and improve HR processes. Again, ADP’s DataCloud provides insights into employee behavior, performance, and engagement. Visier provides insights into employee retention and workforce planning.