More and more organizations are transitioning into the new hybrid future.
However, keeping up with the ever-changing digital landscape calls for the need to rethink HR tech. As we continue to adapt to the “new normal,” there’s still a lot of room for improvement in staying abreast of HR tech and the innovation paradigm.
Adaptation is a must for organizations that want to stay relevant and retain employees. In our Future of Work case study, 44.6% of work-from-home employees prefer a fully remote setup, while 38.1% would rather work in a future hybrid setup.
If these statistics teach us anything, we must adapt to the latest HR trends to ensure a future-proof hybrid workplace.
This blog will explain the latest trends in innovation and technology in HR management. We’ll uncover key insights to help you engage and inspire your employees to perform at their best.
How Can Technology Improve the Quality of HR Decisions?
Let’s start with a basic definition: what is HR tech?
HR technology is a comprehensive suite of tools designed to streamline HR processes through automation. For example, it can eliminate manual work and speed up sourcing, retaining, and engaging employees. HR tools also play a crucial role in the entire employee lifecycle: from hiring all the way to retiring.
Digital technology makes admin procedures more practical and efficient by improving how you communicate and share updates with employees. As long as you’re equipped with the right tech stack, you can proactively streamline your decision-making process.
By automating HR, you can keep your business ops running smoothly and efficiently.
What are the Latest Trends in HR Technology?
Keeping up with the current HR tech landscape means staying in the know about the latest trends. Check them out below.
The Use of Web Portals & Mobile Apps
Thanks to digital tech and social media, it’s easier to boost your online presence and expand client reach. It’s also more convenient to collaborate and communicate through a virtual space.
In fact, 52% of leading HR solutions use more than one mobile app for Android, iOS, or Windows phone devices. Consider how a significant fraction of employees use apps for messaging, video conference meetings, document editing, and online training. With the right apps and web portals in your toolkit, you empower your workforce to produce happier and more satisfied employees.
Greater Internal Mobility & Collaboration
Internal social collaboration tools skyrocketed since organizations first adopted remote and hybrid work setups. Because of the “temporary death” of the physical office, it has changed the blueprint of the office forever.
HR is playing a more important role within organizations, and employees are turning to them for advice on navigating the new normal. In fact, research shows that 73% of workers expect their employers to help them prepare for the future of work.
That’s where the impact of collaboration tech tools comes in. Digital tech platforms bridge the gap by bringing teams closer together from a single platform.
Automated Recruitment, Onboarding, & Payroll Management
Manual recruitment and onboarding can be time-consuming and costly. With recruitment software, you can streamline communication with job candidates and reduce time spent on hiring. An HRIS also makes the uploading process of new employee information much easier and more streamlined.
Moreover, you can make payroll management more cost-efficient with an HRIS that validates timecards instantly. You can view employee attendance and approve their leave requests in one place.
Cloud Migration of HR Tools
Using cloud-based tools saves time, money, and resources. They can help eliminate manual processes and handle employee info storage, task delegation, and payroll management.
Consider PwC’s 2022 HR tech survey, which shares how cloud transformation is the third biggest human capital challenge for business leaders. With the digitization and evolution of HR software, cloud-based apps help businesses stay afloat, especially during the pandemic.
Data Privacy and Security Features
Further data from the PwC survey shows how over 21% of HR leaders are concerned about the safety of their data stored on the cloud. This tells us how data privacy is one of the top tech challenges in 2022.
The higher demand for cloud-based applications calls for stronger data privacy measures. For instance, the General Data Protection Regulation (GDPR) has been updated to protect sensitive employee information and company data.
Real-time Mentoring & Performance Management
Successful organizations acknowledge the importance of career growth. With agile HR tech solutions, managers can conduct evaluations in real-time and cascade remote feedback more efficiently.
Most companies use performance management tools to track employee productivity and satisfaction, which, in turn, fosters learning and development. It also motivates employees to embrace collaboration.
Employee Engagement & Wellness Programs
In today’s digital age, adapting to change entails more than simply transitioning from an old system into a web portal. Startups to large enterprises are integrating their learning platforms into the HRIS, which is more personalized, data-driven, and easier to use.
Streamline the entire process through the integration between performance management and learning management systems with Sprout — the first to offer integration between these two areas in the Philippines!
Improving the employee experience means creating an agile system to reflect personal and professional growth. Using specialized software lets you implement learning and development programs more effectively. So promote a positive work environment and offer employee engagement and wellness programs.
Prepare Your Large Enterprise for the Hybrid Future
With the HR tech revolution in full swing, you’ll need to take proactive steps to prepare your large enterprise for the hybrid future. It all starts with acknowledging that your employees are the foundation of your success — and providing the necessary tools to facilitate a smoother employee experience.
Stay hybrid work-ready and partner with Sprout. We offer a holistic, all-in-one people platform to help grow your enterprise. Get a fully integrated solution for seamless end-to-end HR management so you can focus on empowering your workforce. For every part of the lifecycle, there is a product in the ecosystem that will help in adjusting to that hybrid future.