HR technology trends have looked a little different in the past couple of years. We’ve heard it repeatedly, “the world of work is changing.” Not only is it changing, but it’s changing at a rapid pace to keep up with the unpredictable circumstances of life lately. The pandemic has created a shift in just about every aspect of day-to-day life, and it has significantly affected the world of human resources technology.
We are here to help you keep up to speed on these changes. There are many HR technology trends for 2022 that are exciting and innovative for those in the HR space, so let’s take a look.
Artificial Intelligence
AI is here to stay, and it’s revolutionizing how companies look at their HR technology. Those who have already jumped on this trend have started to see the benefits of AI. In fact, according to Gartner, two-thirds of early AI adopters have one to three active AI projects, with plans to double the number of projects by the end of 2022. Chief Human Resource Officers today are using the power of AI for HR functions like talent acquisition, operations, and training and development. The benefits, like enhanced employee experience and cost-saving, to name a few, are hard to ignore.
Remote and Hybrid Work
The work-from-home culture has exploded in the past two years. What used to be a sometimes-rare type of work has become commonplace. HR technology has had to evolve and adapt as well. Employers are now focusing on applications that enhance employee experience, drive communication, encourage collaboration and promote wellness initiatives for working from home.
Automation
Automation is making a significant impact in organizations saving in time and cost by automating standard HR and Payroll functions. Things like payroll functions and data entry benefit greatly from automation but it helps in other areas as well. Automation is also enhancing the employee experience. Features like chatbots, data delivery, and automated parsing of resumes are examples of how automation is changing the way we work. Better yet, automation also saves money. A recent HRexecutive.com article states that companies can save on average $54,709 annually by automating their time management process.
Digital Training, Development & Performance Management
Organizations want platforms that can support their workforce. With the buzz of the Great Resignation still looming over the workplace, having certain applications in place can help retain and attract employees. New technology now allows companies to focus on understanding employees’ current skills while also offering learning and development opportunities for them to grow. HR technology that focuses on employee training helps to ensure that employees remain engaged and, in turn, often leads to better employee retention in general. Digital performance management has transformed how many organizations have conducted employee reviews, employee development, and monitoring performance metrics. Many companies are jumping on this trend and seeing the benefits throughout the organization.
HR Analytics Software
Having quality data and analytics has proven vital in today’s work environment. HR analytics allow businesses to gather data about staffing, compensation and benefits, scheduling, and more. Companies can then analyze this data to make critical decisions and understand processes and areas for improvement. As a result, companies generally see better employee retention, performance, engagement, and enhanced company culture.
2022 is shaping up to be another demanding year for those in Human Resources. It’s becoming more apparent every year that HR organizations must leverage new technology to improve efficiency and effectiveness. Many companies in 2022 are jumping on the trend bandwagon with improvement initiatives to enhance their HR technology. Curious about how new technology trends can improve your organization?
Reach out to us today to see how we can help.