Driving Change with New Trends for 2022
While 2021 was a year of challenges not only for HR but for every professional. Coming years will bring new challenges. 2022 is going to be all about pushing the boundaries of how to add value, especially for HR . more than 47% of global businesses are moving towards digitization. today technology has a strong impact on more than half of the workforce and is growing. For HR it's high time to know about the emerging trends.
While 2021 was a year of challenges not only for HR but for every professional. Coming years will bring new challenges. 2022 is going to be all about pushing the boundaries of how to add value, especially for HR . more than 47% of global businesses are moving towards digitization. today technology has a strong impact on more than half of the workforce and is growing. For HR it's high time to know about the emerging trends.
Automation in Recruitment
According to LinkedIn Quality of hire is the top priority for 62.5% to 71.2% of talent acquisition leaders. Manual requirements are time consuming and take a lot of effort to find the right candidate. Following a one to one resume is not what an HR person wants to do. Automating the recruitment process can benefit with Engage talent faster, Save valuable time, Hire for multiple roles simultaneously, Create a strong candidate experience, Eliminate hiring biases. As with all organization decisions, each one is unique. Evaluating your entire recruitment cycle to determine the most vulnerable and time-consuming steps of the process. Then, implement tools that address those needs specifically and you’ll immediately see the benefits automation has to offer for hiring the best talent.
Performance Management
For growth of employees the most important threshold is to measure the employee performance. A well crafted performance management system plays a crucial role in streamlining the activities of the organization employees to achieve the goals. With the help of performance management. Highlights training needs, Delivers greater employee autonomy, Boosts morale,Helps with identifying the right employees for promotion,Helps define career paths, Supports manpower planning, Increases employee retention, Delivers greater employee autonomy and Improves accountability.
Predictive analysis
What is predictive analysis is the first question that should be answered first. Predictive analytics is a strategic analytics study that makes predictions about future outcomes based on historical data combined with statistical modeling and machine learning. Today's businesses are immersed in data residing in transactional databases, equipment log files or other data sources. Predictive analytics can be dilapidated into different steps that specialize in the way to deploy predictive analytics, what you require to predict, and what data you require to predict it. Predictive analytics assists Reduce future risks, Improve fraud detection, Gain a competitive advantage, Optimize processes and performance, Increase asset utilization, Improve production capacity and quality.
Social Connect
In the upcoming years social media has spread rapidly and during the pandemic it has even grown 2X. today every 10 out of 9 people are using social media. Social media is a great way to communicate with former employees and upcoming talent. The HR professional must use social media to keep the peers engaged in the organization. Socializing benefits with companies to be more innovative, Discover and deliver information, Improves employee recognition, Cushion for employee engagement, Boosts organizational productivity.
Design thinking
Design Thinking is not an exclusive property of designers but human centered techniques to solve problems in a creative and innovative way of an individual. Leading businesses Apple, Google, Samsung and IBM have adopted the Design Thinking approach rapidly. Design Thinking revolves around developing an understanding of the people for whom we design products or services to be given or for the end user. Design Thinking helps HR to Reinvent itself with interesting methodologies, Focus on employee experience, feed Company-wide innovation, create a mindset that drives results.
Training and Development
Employee development and training refers to the process of strategically planning how to invest resources into the improvement of employee job skills. Employee development and training Improving productivity and engagement Fending off stagnation, Maximizing performance, Evaluate skill gaps, Assess efficacy and sustain gains. It is important to continue the training and development of employees in order for the business to operate successfully. Plus, employees who are used to growing and learning will surpass those who don't. Learning is a lifelong journey, and cultivating it in employees will also help make the business more resilient to change.
RPA based Payroll
Bots can conduct activities at accuracy and at significantly higher speeds than humans Who are proficient in performing the same tasks. HR and payroll has not been a leading candidate for RPA but digitalization has changed the senior. The time consuming task like processing payroll can be done in just a few clicks thanks to technological transformation. By implementing an RPA base payroll HR adds value such as Real time and Easier Calculation, More Accurate Timekeeping, Assists in financial planning for employers, Lower Payroll Costs, Automatic Error Correcting.
Business Intelligence
Business intelligence refers to the procedural and technical infrastructure that collects, stores, analyzes the data produced by the activities of a company for prediction. Business Intelligence encompasses data mining, process analysis, performance benchmarking, and descriptive analysis. Also commonly known as BI. Realize the growth of technology businesses are integrating the insights from AI into a broader BI strategy for Data visualization.
Mobile First approach
The HR department is an important part of the business, so there is a need to streamline HR processes to facilitate management. It is seen that more than half of employees access work-related information, reports and data through the HR mobile app. Smart phones have become a mini computer in the pocket for many people and have changed the way organizations operate. A simple and easy HR mobile app helps employees easily access information anytime, anywhere and keep track of daily tasks and their busy schedules. Employees can maintain their dashboard, track attendance, update payroll information and more.