By: Pranav Ramesh

Top 5 HR Technology Trends That Will Change The Business World Forever

HR technology is evolving at a rapid pace — with Artificial Intelligence (AI), machine learning, blockchain technology, and Virtual Reality (VR) being just a couple of the disruptive innovations pushing for digital transformation.  

HR management is now following up on the latest HR tech solutions to increase productivity, improve employee experience, optimize talent sourcing, create more learning opportunities, and facilitate work-life balance. 

The possibilities of implementing new tech in HR processes are limitless and this has caused many HR technology trends to take over the work environment. 

Find out below what are the top five human resource technology trends and how they will change the world of business. 

Remote Work Is Here To Stay 

It’s not news that more and more people prefer working from home. Since the COVID-19 pandemic proved it possible for most companies to switch from offline to hybrid or remote work, it looks like this trend is here in the long run.  

With more than 80% of managers now believing that remote teams will become the new normal, what does this mean for organizations? 

Remote work possesses administrative challenges by having to connect employees across different time zones and support their progress from afar. However, it also opens the door to new possibilities by increasing productivity levels and offering HR teams a larger pool of candidates to recruit from. 

VR conferencing, virtual coworking spaces, and cloud-based HR platforms are just some of the disruptive technologies that will help human resources leaders manage remote employees in a way that sparks innovation and builds trust. 

Recruiting — New Concept, Better Methods 

Talent sourcing is becoming increasingly more difficult as workers’ demands are changing to keep up with the current dynamic job market.  

The employee turnover rate is high following the pandemic, with almost a third of all new employees quitting after the first six months. This has caused a rise in new concepts for recruiting and employer branding.  

This trend is called reversed recruiting. HR departments are now having to prove their worth and attract candidates, not the other way around. The shortage of qualified workers puts pressure on HR professionals to adjust their branding and sync their talent acquisition strategy with their company culture. 

How do they do this? By using HR software that brings job seekers and recruiters together, facilitates conversations, allows for pre-screening, and uses AI-enabled matchmaking.  

No Room For Biases 

With people’s voices being louder than ever when asking for real progress in combating discrimination in the workplace, a simple diversity and inclusion (D&I) strategy is no longer enough.  

A Diversity, Equity, Inclusion, and Belonging (DEIB) strategy is now the uprising trend that HR leaders must comply with if they wish to remain competitive. The DEIB strategy focuses on eliminating biases, recruiting minority candidates, and facilitating a safe environment for people of all backgrounds to achieve their goals.  

New HR tech can make all of this happen by transforming processes like compensation, talent sourcing, recruiting, performance tracking, employee training, and task fulfillment to rely on fairness and equity. 

Agile Teams For The Future 

Immersive experiences are one of the biggest tech trends to move into the mainstream. Enabled by Augmented Reality (AR) and VR, they are also making their way into HR departments by customizing development schemes to the needs of each employee.  

With AI-powered technology, the training and onboarding strategy will soon shift its focus from information retention to learning through experience.  

This HR technology trend puts forward the concept of agile teams — people trained to adapt to fast-changing situations. The software behind the trend focuses on achieving a high level of engagement between cross-functional teams, supporting workers in developing their soft skills, and providing a large base for digital training resources. 

Top Priority — Employee Wellness 

Going down the list of HR technology trends, employee wellbeing is gaining more attention by the day. And you can see it in the numbers: 68% of Millenials and 81% of Gen Zers left their jobs in 2021 due to mental health problems and the 2022 situation doesn’t look any brighter. 

HR professionals must ensure that their employees are not overworked and avoid burnout, feel listened to and supported in achieving their goals, and have a sense of purpose outside of task fulfillment.  

Thankfully, disruptive tech can help with this too. With gamification and VR wearables, workers can track their stress levels, while data-driven HR tech analyzes and provides advice. Pairing health care with digital HR tools will soon become the norm. 

Conclusion 

As the world of work continues to embrace technological advances, the speed with which HR departments adjust determines how competitive the organizations remain. Remote work, reverse hiring, and employee welfare are only some of the HR technology trends that will permanently change the world of business.  

If you don’t want to be left out, start here with GABI, an AI-powered recruiting engine, and watch your business be caught up to speed with all the HR tech trends. Contact us here for more information.