Nigeria is a dominant force in the tech space and has consistently accounted for a majority of the funding that comes to Africa. Here’s why.
HR software has gone the fast-paced route when it comes to providing new opportunities to simplify, enhance and improve HR operations. While HR will always be grounded on the members of your workforce, the latest human resources technology trends amplify the significance of HR solutions in modern HR teams.
However, much like all tools in the market, HR software is rapidly evolving to answer the needs of the ventures they cater to. They need to adapt quickly to trends in human resource management, so that they won’t get left behind and so that their clients can retain an edge in their HR operations.
To keep you up to speed, here are some new trends in HR that you need to watch out for:
Setting objectives is a must when it comes to cultivating an efficient company culture. Goals are what gets people going, and having attainable ones allow you and your workforce to measure your productivity.
Setting goals gives you an outlook on your overall performance and pinpoints company strengths as well as areas for improvement.
Businesses have acknowledged that incorporating a goal-oriented model to their work operations is one of the future trends in human resource management. Furthermore, they have also recognized that when they promote company culture among employees, they make them more driven to work towards achieving enterprise goals. This carries on to customer satisfaction and the production of high quality work.
To establish and execute these objectives, organisations have enlisted the assistance of tools and technologies. HR software enables administrators, HR managers and even employees to delegate roles and attach goals alongside them. Having these assignments clarifies your employees’ tasks and responsibilities in your company.
As a bonus, the best HR software even allows you to establish and keep tabs on your personal goals, so that you can instantly view your progress as an individual in your department. You can even set personal goals outside of work, since access to personal goals is limited to your account alone.
The ability to set personal goals creates more proactive employees.
Furthermore, the capability to constantly view progress fosters increased employee engagement, another item on the roster of trends in human resource management.
From monitoring applicants to enhancing employee experience, human resource technology trends are greatly anchored on new artificial intelligence (AI) features that can take HR operations to a whole new level.
The support for HR technologies has led to AI being at the forefront of future trends in human resource management. It has been effectively enmeshed in the modern employee lifecycle, beginning with recruitment to HR service delivery to career routing to supplying personalized employee experiences.
To drive employee engagement, HR managers use HR software functions that rely on AI to effectively interact with their staff.
These features include intelligent questionnaires, real-time feedback tools, rewards and recognition programs, as well as individualized communication.
Meanwhile, to rise to employee expectations, these new trends in HR can assist in managing staff performance, overseeing workforce strategies, analyzing team members, delivering HR services as well as guiding staff on their career path of choice.
Although it is tricky to establish the exact population of LGBTQ in the workplace due to stigma and discrimination, enterprises worldwide are witnessing a growing number of workers coming out of the closet regarding their gender and sexuality.
For instance, establishments are beginning to witness a rise in workers who identify as gender non-binary. Because of this, HR software providers have considered implementing gender neutral language into their platforms, so that their needs are not overlooked from onboarding to actual employment.
Although the topic of gender and sexuality is not only another item on the list of new trends in HR, it’s good to see HR software beginning to become more inclusive, so that businesses can achieve gender equality and gender diversity.
Apart from this, research shows that an inclusive work culture is the primordial force that determines whether LGBTQ employees remain with the company or not, with 25% of LGBTQ team members claiming they stayed in a job due to the LGBTQ-inclusive work landscape.
When it comes to work, there are plenty of scenarios where your team’s efforts deserve to be lauded. It is imperative to make employees feel valued, especially during these times where a global pandemic looms and threatens to keep our spirits at rock bottom. One of the growing HR trends today is employee recognition, and HR technologies have adapted this into their software’s features.
Let’s say a particular department in your establishment does a job well done in a certain project. You can utilize your HR software like Hi5 to tag multiple users and shoot them a quick pat in the back for their impressive work. Each tagged team member will receive this recognition, so the cumbersome process of congratulating each employee who worked on the same project is also cut short for managers and administrators.
Human resource technology trends are shifting towards a more employee-centric approach, so if you’re looking for a platform that is grounded on your workforce, check out this HR software ranking for some examples.
Human capital management focuses on accomplishing organizational competency by concentrating on employee acquisition, management and optimization.
While there’s an increasing number of work in businesses that are conducted in flat organizational modules and departments, plenty of HR software that are grounded on human capital management aren’t wired to work alongside these structures. Because the future of enterprises rely on these modules that unleash the potential of vigorous teams, HR technologies have begun to evolve to keep up with these new trends in HR.
As organizational strategies and the workforce become more agile to match recurring transitions in establishments, HR software must evolve as well and adopt these future trends in human resource management.
This includes incorporating functionalities that equip team members with user-friendly and productive experiences.
For example, research has determined that employees’ demands regarding how and when they get paid will change. To maintain employee retention and enhance their staff’s control over their finances, HR managers are looking for solutions that promote a healthy payment schedule and support easy wage access.
Because of this, workers’ pay experience has become more personalized, thanks to more convenient methods that enable them to be paid in the way and time they prefer.
Another good example would be new trends in human resource management that allow managers to provide instant performance and culture feedback. These functions allow them to immediately hand out ratings to colleagues, the company and even yourself. You can even supply constructive criticism to team members, should they need to improve on certain aspects of their performance.
Individualized experiences are greatly incorporated in human resources technology trends nowadays, so these tools and technologies are easy to come by. At present, there are multiple suites and solutions available in a crowded market. It’s all a matter of selection for HR managers.
The scope of HR technology will continue to scale in the years to come. As new players enter the competition, an increasing number of organizations also look to advanced solutions that incorporate trends in human resource management which ultimately allow them to be more efficient and productive.
HR software continues to be in demand as they adopt these future trends in human resource management. Companies, on the other hand, keep mining for solutions that assist them in improving their staff recruitment, development and support.
This promising outlook is good news as HR software continues to follow these new trends in HR. We can only say that the future of HR technology is brighter than before, and we are going to be here for it.