Friday, December 23, 2016

An advanced HR technology is equal to a magic for the year 2017

As the technology age is growing agile, many people claimed that HR, as an operation, would become outmoded. It was said that HR had no feasible future and that all the operations performed by HR experts would be replaced by hi-tech software. It is legitimate that software is changing old HR manual functions, but technology is said to thrust hiring and recruitment into the 21st century as it adds the industry with immense growth freedom.

Latest trend in HR World

  1. HR unit the spine of organization
 Unlike the “counseling” role played by HR's, many organizations are being initiated by the HR function. In a world of unpredictable trends and outcomes, firms that are good with adaption will emerge profitably. The HR activities are currently redefining itself to become that critical driver.
2. Flexible in tapping skills in any point of time
Earlier in past, HR was limited to telephone calls or written material. But today’s present world HR's are inviting every means necessary to track the right kind of talent, both online and offline. With the power of the technology at their fingertips, HR can now track talent quickly, from multiple avenues.
3. Increase in Contracted Personnel
 After experiencing sudden rise and fall of outsourcing, firms are now acquiring a new kind of workforce, the extended kind. Such type of manpower is an ecosystem of independent contractors and outsourcing partners that offer businesses need-based HR activities. HR unit across the world are redefining the instructions of contractual employees, giving them more strategic value.
4. Piloting all the workforce under one roof
There’s a lot of buzz going on about customizing the optimal combination of mass production and it’s said to change the very methods by which firms manage their employees. HR departments of large corporations have already begun treating employees as a “workforce of one,” rather than a single entity.
5. Upcoming barriers for HR Management
Along with other managerial function, HR also faces a bunch of challenges before it can be future-ready:
6. Adapting to fluctuating trends in market
 The future of HR is not in adapting its duties, but in adapting to the new employee profiles. Extensive demographics across the world are already putting pressure to initiate and execute permanent solutions that will educate, train, integrate and retain a diversified workforce. And as the demographics change, so will their assumptions. Many times, HR will have to adapt to the newly evolving job duties & functions, while also computing for changes in benefits & incentives, as well as retention strategies for the workforce who are looking for more than money.
7. Winning the combat to hunt talent
Migration from beyond the border or within border adds a whole new aspect to HR complexities. As the company continues to grow and still scratching their heads on how to efficiently control labor flows, HRs continue to face a shortage of skilled manpower. Organizations alike will have to seek, grasp, and evaluate data on how present and future migration arrangement will affect the labor market.
8. Flexible to expand reach in every corner of organization
 For delivering a seamless and productive employee experience, HR first step to evolve from its stand-alone function of administering traditional HR activities. It has to adapt to a function that cuts across borders and practices, to deliver a comprehensive employee experience.
9. Keeping track on increasing risk as the complexity rises
 As technology continues to smoothly integrate the world by breaking down old information objection, HRs activities will also involve the development of risk management strategies that will protect not just the data of the company, but that of a workforce as well.
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