The HR Software Market now faces a revolution which is projected to make a drastic change in the HR technology by 2017. HR technology is said to have started creating a buzz in the business industry in early 2000's with services like administrative and Human Resources management operations made digitally.
As the world becomes internet at digital technology-based, more and more companies seek services from HR Software. These are tools used to do operations such as employee data administration, workforce management and payroll, compensation and benefits as well as recruitment, performance and talent supervision and learning and development management, in an automated way instead of the usual traditional manner as explained by Roland Berger.
However, the HR Software Market is believed to be having its disruptive phase as its rapid development often changes the way most organizations work. In fact, according to HR Katha (Human Resource Simplified), these changes may even shape other trends in the future of HR technology thus the need for new ways of doing such.
In line with that, they have presented the trends HR professional and service providers must look forward to in order to improve their line of performance in the coming year. These trends were based on the report of Bersin by Deloitte titled: "'HR Technology Disruptions for 2017: Nine Trends Reinventing the HR Software Market". Here is our sorted list:
Modern Performance Evaluation Management Ways
Employees and the management seems to have less barrier due to the software that connects them to and from each other. Thus, more companies tend to use such to reinvent performance evaluation methods by using regular developmental conversations, feedback generations and periodic check-ins.
HR Katha also suggested that new tools look like games, personality assessment-like methods and online check-in systems are most likely to be more effective than the old-school form-based evaluations.
Faster and more Real-Time Evaluation Tools
Due to the availability of HR software, evaluation isn't only easier but can also be done faster and in a real-time basis. Unlike the older way of using annual survey on the workplace which may take much longer time and may give inaccurate and outdated results, HR technology can now provide tools for real-time surveys which can be done in quarterly basis garnering much more reliable information from the employees.
Birth of more Fit and Wellness apps to boost employees' performance
2017 is also projected to carry out new applications and tools that will provide employees with more information regarding work-life balance and health related issues. These tools are said to help out a lot in the HR development programs as they increase productivity amongst employees which can definitely lead into the success of the organization as a whole.
More complex employee recruitment/acquisition software
Due to HR technology, recruitment of new employees can be done with just a few clicks on the computer. Now, various tools are already crafted and will be made available to offer complete services in the acquisition of new talents from searching, online interviewing, candidate scoring, as well as with onboarding and ongoing candidate relationship management.
These tools are often connected to online job boards which makes it easier for the HR to locate and even save data of previous and current applicants to be revisited every now and then. It can also be used to create a pool of reserved applicants in case of a sudden vacancy.
Appearance of digital HR with artificial intelligence
Soon to enter and eventually may conquer the HR technology are the digital HR software with Artificial Intelligence. These are the tools with AI, which will be able to process HR operations smoothly thus making work flow more efficient, improving the employee experience and strengthen the HR department's value and power.
2017 will indeed bring more exciting HR technologies that may cause commotion to the current software market. If you are into this line of service, it is utmost important to be updated of the latest trend in order to ensure better and faster performance as well as improved work in the years to come.
