The Road to HR Technology Trends 2022

New HR technology trends are on the way, but you don't need to get swayed away. 

Here's all you need to know about the latest HR trends to watch out for in 2022: -

Why Watch Out for HR Tech Trends?

Since the pandemic, HR has become a rapidly evolving field. It's not like it wasn't progressing at a fast pace earlier. However, since Covid-19 hit, almost every domain has metamorphosed like a fish; HR is no exception.

So staying up to date with the latest technological trend has become a trend. In addition, it is about sustainability and survival of the fittest. So, if you’re not technologically fit, you won’t be able to sustain for long. Period. 

Let’s dive right in.

6 Major HR Tech Trends You Need to Watch Out for in 2022

• Cloud Migration

Is your company struggling to communicate between different areas of HRM?

No more; cloud migration has all the answers...

From talent acquisition and performance evaluation to onboarding, payroll, and employee communication, the cloud has multiple solutions for every facet of HR. Cloud-based HR tools can significantly help increase accessibility, giving every member access to relevant workplace data at all times. More precisely, the benefits of cloud migration include: -

• Reduced risk of human errors while data inputting

• Foster interdependence within teams and departments, which can also promote collaboration.

• Reduced overhead handling of day-to-day assignments.

• Significant savings in terms of both time and money

• A more flexible and easier way to update, share and collaborate.

Next up is remote work or as you may know it “Work from Home”.

• Remote Work is on Its Way, Fast

2022 has witnessed a massive shift towards remote work since the pandemic. While this was a slow-developing trend for the last decade, Covid-19 has escalated its acceptance and made “work from home” a reality for most employees. So naturally, new HR tech trends will follow. 

Organizations worldwide must ensure that remote employees, especially those working in different time zones, have access to learning opportunities and face no scheduling errors in the business processes. 

Come 2022; you can expect to see a variety of products and solutions that will make room for overall improvement in terms of quality, productivity, collaboration, and much more.

• Increased Focus on Data Security

Since remote work has become a norm, the need to safeguard sensitive information has presented itself. This is why the latest HR technology trends will focus not only on increased security but also compel companies to adopt new procedures. 

So if your company is aiming to implement a system with enhanced data management and security in your business, don't forget to train your HR professionals, so they can prepare the employee workforce for the transition. 

• Employee Self-Service Tools Will be a Thing

Your company's HR is the link between management and employees. So often, they are overloaded with tasks and assignments, which means they won't be available to answer employee queries. 

This is where the self-service tools come in handy. By asking relevant questions, these tools help employees guide themselves to the ideal solution for their problems. And not just that, the self-service tools also help HR managers keep their team and other employees up to date without having to answer each employee's questions.

Here are some of the benefits you can reap by implementing self-service tools in your organization: -

• Increased admin department efficiency as they won't have to answer general/common employee queries.

• Improved transparency as employees can see sources of workplace data and validate them.

• Real-time updates to workers, especially about new regulations or company policies

• Boosted team morale and reduced burnout is always a great benefit.

• Blockchain Integration

In 2020, 53% of C-level officers, including CEOs, financial officers, and chief human resource managers, have identified blockchain as an integral part of their organizational infrastructure in 2020. 

They say it has helped their organization function more efficiently.

However, every new technology comes bearing some new challenges. With blockchain, companies will encounter data security and access management challenges. So to tackle these, organizations will have to implement HR tech trends like blockchain solutions to ensure transparency in data integrity and workplace operations. 

• Say Yes to Analytics

"Sense of purpose" is a new motivation. 

Yes, you heard it right; a sense of purpose significantly impacts employee retention. Employees who believe that profits are not the only focus of their company are 27% more likely to stay at their current jobs.

Leveraging this can help your organization retain employees. And people analytics tools are the answer to your problem. These tools use data science and AI to research, collate, and process employee data and identify patterns from it. Your organization can use these tools to determine the employees' preferred learning styles, keep track of their engagement levels, and retain the company's internal resources to avoid hiring new employees.

Winter (in the form of HR Tech Trends) is Coming…

The future of HR is directly proportional to nascent technologies and trends. And soon, more and more companies will transition to cloud-based or other such solutions that will enhance productivity, reduce errors, and ensure transparency. So, to be a frontrunner in the field, your organization must take essential steps.

TeamNest can help you take the first one. By automating your entire HR department ranging from attendance, expenses, helpdesk, and compliance to engagement and payroll, TeamNest's all-in-one integrated platform can take care of your technological needs. So, you can focus on taking your company's revenue up a notch and being a leader. 

“Don't be a technological dinosaur, be a winner only with TeamNest’s cloud-powered solutions.”

To invest in your company's future, reach out to TeamNest @ +91 91378 66322 or email @ sales@teamnest.com.