There was a time when HR was only about recruiting, recording employee details and managing their payroll. The Human Resource Management Systems of the present day are complex tools that help the HR team handle and manage a lot more than they conventionally did. The competitive job scenario makes it imperative for organizations to adapt to the changing environment in order to stay ahead of the game and the HR becomes the helm of this shift.
Increasingly, companies are taking a holistic approach to HR wherein the product/software works as an interface that meets the ever-increasing needs of employees, employers and candidates. Today’s comprehensive HR management software solutions need to tame the disruptive technology trends and inter-weave ideas that are future proof.
A shift from systems of record to systems of engagement
Legacy systems are giving way to new and robust cloud-based systems that give employees access to data, cutting down the need for HR intervention drastically. HR suites are now designed and developed with an employee centric approach with focus on user experience. Also there is a holistic take on HR services where in Human Resource Information System is integrated with the ERP of an organization, not to forget embracing mobile.
Talent management closely associated with the ERP
Though there is a huge market for standalone talent management software, studies show that businesses prefer to buy a complete package. Again, this goes on to show that HRM (Human Resource Management System) suites of the future would be a perfect amalgamation of talent management features that have been seamlessly incorporated with ERP systems. These packages would not only cover, onboarding and recruitment, it would also aid in employee assessment, engagement and improve productivity.
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Big Data and Predictive People Analysis
Big Data deals with volumes of data that’s out there and being able to analyze it correctly is the key to making informed business decisions that are critical to the performance of your organization. HR software solutions of the future should be decisive in evaluating patterns, correlations, trends and insights into human behavior and use this information to make predictions in hiring, training, retaining, attrition and other initiatives. HR systems that can identify and assess employee habits and behavior enable them to react appropriately to the various situations.
Machine learning to empower HRM
An interactive platform and machine learning capabilities go hand-in-hand. The present workforce are mostly millennials who are used to getting things done easily with a few clicks and a couple-o-taps. Machine learning incorporated in HRM systems would learn your habits, preferences, interests, etc. and present you with intuitive options, resources and information saving time. It is significant especially in training programs and gamification.
Mobile – The platform of the future for employee engagement
Today, mobile is an integral part of the HRM services as there is a shift in the way in which the tool is being used. Previously these systems were adopted for compliance and work process, today they function as tools to engage and empower employees. Since enterprises have embraced the BYOD concept, mobile plays a key role in employee collaboration and communication.
Role of Social Tools in Human Resource Information System
It’s pretty evident that Social tools have infiltrated not just HR process but almost any walk of life you can think of. Future proof management systems have already integrated Social tools to enable the HR get a better understanding of the employee/ candidate. Hence, these tools have found a part to play in every process right from candidate selection, training and onboarding, communication, employee recognition and performance management.
HR suites now function as middleware
The need for multiple applications within an organization has created the need for various products to co-exist and integrate with each other gracefully. HR suites have now assumed the role of middleware where they enable easy and seamless integration with other products. Future proof Human Resource Management Systems would account for such requirements.
A medium to engage, retain, capture feedbacks and award perks
HR systems today capture vast amounts of data. This data and analytics is used to discover, comprehend, prepare and react to instances like retention, response to feedbacks, etc. A comprehensive HR solution would be able to support performance management practices that leverage real-time, feed-back driven and agile data to engage with their employees.
Employee wellness and productivity to be a significant parameter
Companies across the world are investing in programs that enable employees to balance their work life by encouraging them to join health – related workshops, monitor and track their fitness. Some have even collaborated with healthcare providers to ensure better care and facilities for their employees. A happy employee makes a happy workplace!
Data Security and privacy
Typically, HRIS and other software have a repository of sensitive data to the tunes of social security number, bank details, etc. Hence data protection and privacy is a critical aspect of HRM systems. One has to learn from the recent Target and Samsung hacks.
Compliance
Tax and Regulatory practices are continuing to get more and more complex. Different geographies have different norms that govern HR responsibilities such as changes in labor laws, retirement reforms, multiple tax regimes, etc. Technology is the best alternative to ensure that these complex calculations are error free. A robust management system would be able to factor and account for all these responsibilities.
HR is a huge market place; it’s obvious that smarter, efficient and robust HR software solutions would be the need of the hour. Disruptive technology trends and competitive markets call for solutions that are more customer centric, more robust and more efficient. Such technology enabled HR solutions facilitate HR remain at the helm of shifting human expectations. HR products should strive to be relevant in the current context while at the same time show the flexibility to adapt to the needs of the future.
