HR Trends that Will Define 2020 and Beyond

We are living in an era where people do innovations constantly and willing to change their lifestyles for better sustainable living. In HR service sector also rapidly changing because of the innovations done by HR innovators in the industry. New HR technologies come up with new HR solutions for traditional HR problems like recruitment, retention, and satisfaction. Companies need to identify emerging HR trends in 2020 to easily navigate your business.  

Today’s business is more focusing on people and most of the companies trying to add more meaning to their internal processes and systems to provide better HR services for their employees. The majority of the modern workforce is filled with millennials and Gen Z and both of that generations are more tech-savvy. Due to that that companies need to cater better HR services to keep them with their companies.

Here are some HR trends which can be useful for organizations.

HR analytics trends 

 HR analytics is known to most of the HR professionals around the world. But that doesn’t mean all of them are using analytics to better manage their HR services. HR departments have been collecting data for decades and they are not taking maximum out of it. HR leaders must user HR analytics to get a proper idea of how the company performs. New HRIS systems come with HR analytics and HR dashboards will help your company to summarise performance and insights from that data you gathered.

 Upcoming Technologies and HR 

Technology innovations are changing HR systems faster than ever. New HR tools, HR technologies, systems, and infrastructure becoming available in the modern market place. HCM software and human resources management software are now capable of doing so many things and because of robots who can control HR systems will replace human workers shortly. Some of the latest technologies are listed below. 

RPA- Robotic Process Automation 

 RPA is an application of technology, developed using business logic and structured inputs, which designed for automating business processes. In practice, this will support the data-driven process of the company. Automation RPA allows HR professionals to focus on the most important tasks of their work. As an example, for the recruitment process HR professionals do not need to update the system manually if there is RPA assign for it. RPA can enter records for database, gather employee documents and update applicant tracking systems more effectively and efficiently.  

AI- Artificial Intelligence

 Al is an algorithm that records data and using that data it can do something beyond what it was corded to do in the beginning. The best advantage of this is that it can learn something without human intervention. Most of the companies in the world are now using AI applications. AI will help HR systems to run operations smoothly by providing insights and suggesting actionable strategies based on data. The majority of the companies are using AI for the recruitment and hiring process. Al can predict when to start the hiring process for certain departments to prevent critical periods. Advance AI applications are more expensive but when technology evolves, those applications become a vital part of our day to day lives.  

 VR- Virtual Reality 

VR creates a realistic 3-D image or environment, which enables humans to perceive as real and interact realistically. A perfect example of the successful use of VR technology is the British Army. They are already using VR to overcome recruitment challenges. They have created four VR experiences based on combat training, adventure training, tank training, and parachute training. This means in the business sector if some jobs require more on-the-job training, VR can be a perfect and valuable investment. 

Some of the new HR trends might already be familiar to you, but there are some visible changes in those trends. Some of the trends tend to grow fast in some regions around the world. Because of that, companies need to be updated on what’s happening around the world to cater to a better experience for their customers and employees.

Blog credits: Peoples HR

We are living in an era where people do innovations constantly and willing to change their lifestyles for better sustainable living. In HR service sector also rapidly changing because of the innovations done by HR innovators in the industry. New HR technologies come up with new HR solutions for traditional HR problems like recruitment, retention, and satisfaction. Companies need to identify emerging HR trends in 2020 to easily navigate your business.  Today’s business is more focusing on people and most of the companies trying to add more meaning to their internal processes and systems to provide better HR services for their employees. The majority of the modern workforce is filled with millennials and Gen Z and both of that generations are more tech-savvy. Due to that that companies need to cater better HR services to keep them with their companies. Here are some HR trends which can be useful for organizations.