May 27th, 2022 Read Time: 5 minutes
Jessica is a content writer with more than 8 years of experience covering SaaS and the tech industry. She has worked with both B2B and B2C publications across North America, Europe, and APAC and currently writes about IT Solutions or Electric.
Technology is now well established as one of the most important factors in the successful running of a business. From product research and development, to customer service and accounts, tech has streamlined the workload of every department. However, one team that often gets overlooked when it comes to tech resources is HR.
HR and People Teams stand to benefit immensely from technical advancements, especially in today’s remote and hybrid working environments. By leveraging digital HR tools, People Teams can maximize both the efficiency and precision of their work. Keep reading to find out about the latest HR tech trends that will shape the work of this critical department in 2022.
Still not convinced that your HR team requires dedicated technology solutions? Here are three reasons why you should reconsider.
Many HR software solutions are designed to automate and simplify basic HR activities. These systems are comprehensive platforms capable of automating certain recruiting and screening processes, new employee onboarding, compensation and payroll processing, and regulatory compliance.
These technology benefits relieve your small HR workforce of manual tasks, enable efficient recruitment and onboarding of new employees, improve the accuracy of tax and welfare computation for an error-free payroll process, and expedite several other fundamental HR processes.
Employee data is among the most valuable assets in your firm. A well-equipped HR system will feature a repository for all of your personnel information, preferably structured into digitized employee files that can be quickly accessed and sorted. In addition, this data must be stored safely and securely to avoid costly breaches. With the right technology in place, this is one less labor-intensive responsibility to place on your HR team.
One of the most crucial functions of technology in any business is to save time for your staff. Reclaiming time spent on manual tasks allows for more investment in substantial initiatives that will help with your firm’s growth. With dedicated technology in place, your HR department will not only optimize operations, but also devote more time to business critical work.
To stay competitive, HR must adopt a working model that provides employees with greater freedom while simultaneously enhancing quality and performance. Here are some of the hot trends that every HR professional should be aware of in 2022:
The growth in remote and hybrid employees is one of the most profound and long-lasting changes to the workplace in recent times. The majority of companies must now enable their employees to work from home at least some of the time, which has significant implications for people management. HR departments, in particular, need to adapt to this major transformation by leveraging technology that sets employees up for success. From device procurement to systems access, HR technology is crucial in today’s hybrid environment.
Whether employees are office-based or fully remote, they should have a consistent onboarding experience when joining your company. Given the present talent shortage, businesses must make a good first impression during an employee’s first few days and weeks. As such, the uptake of digital onboarding solutions is one HR tech trend that shows no sign of slowing. According to research by Electric, 52% of HR professionals still find onboarding to be a challenging or frustrating aspect of their role. By automating critical but repetitive tasks, onboarding technology delivers a seamless new employee experience while alleviating the workload for HR. Likewise, when an employee leaves the company, this technology can ensure the necessary steps are completed before their last day.
AI-powered systems are transforming the way companies uncover talent by providing valuable insights into candidates’ potential. The IEEE Global Study predicts that 21% of significant technology advances in 2022 will include artificial intelligence and machine learning. Human resource departments are already utilizing artificial intelligence (AI) technologies to effectively find and recruit suitable workers, and the capabilities of this technology will only grow over time. However, there are still some kinks to work out, notably in the fields of equal-recruiting practices. While AI may help save time in the recruitment process, it still requires the input and oversight of talented people managers.
Employee wellbeing is deservedly attracting more investment, and is increasingly considered an important factor in performance and productivity. According to McKinsey, organizations with strong employee engagement are 21% more lucrative. Employees who are engaged are simply more likely to contribute to the company’s success. There are several HR technology platforms that target employees’ physical and emotional wellbeing, including mental health supports. Solutions that enhance employees’ wellness are a key HR tech trend to increase workplace happiness and reduce turnover.
While HR has long been responsible for driving continuing education and upskilling initiatives for employees, their efforts have traditionally been role-specific. However, with the growing rate of cyber attacks against small and mid-sized businesses, it has become imperative for employees of all levels to have a certain level of cybersecurity awareness and training. In the past, this may have fallen on your IT department, but it’s likely that HR will become increasingly involved in this training in order to ensure it is carried out in a structured and engaging manner. Additionally, HR teams themselves will need to further their knowledge of employee data protection best practices to avoid cybersecurity threats that specifically target their departments.
A well-resourced HR team has positive knock-on effects for your entire business. From recruitment to retention efforts, the right technology can significantly lighten the workload of this critical department. At Electric, we believe in streamlining operational IT work so that HR can get back to supporting your employees and growing your teams. To learn more about our solutions for People Teams, contact us today!