The recent explosion of HR technology has driven a major boom in innovative HR solutions. Employee lifecycle management, which defines the major HR function, is somewhat becoming less complicated; HR trends in 2019 suggest the industry is poised to rip even more benefits from the digital progression. This has inspired a projection that the global human resource management sector could reach $30 billion in the next six years – by 2025, according to G2 Crowd.
However, employee management is increasingly incurring more challenges. Employees are progressively looking forward to working for companies that go beyond paying good salaries and offer attractive benefits. They now seek diverse firms that easily improve their work-life experience and properly engage them. Despite this shift towards a more holistic experience, HR innovations are offering solutions for even more complex HR trends.
The HR Digest has recognized three (3) major HR technology trends for 2019. They include solutions for unconscious bias hiring, promote employee engagement, and improve HR operations through artificial intelligence.
Improved employee engagement
The level of emotional connection, commitment, and involvement which employees have for their companies describe employee engagement. Hence, everyone wins when employees are engaged. More companies are beginning to discover this as the ultimate recipe to increase employee performance, retention, and productivity. In 2019, companies will increase their spending on employee engagement by 45 percent, according to G2 Crowd, using a survey on HR and non-HR employees.
HR professionals will provide engagement initiatives to improve engagement and retention, though some would have a challenge of choosing the appropriate solution that will benefit the company, its culture, and employees.
Artificial intelligence will improve HR operations
Most of the transformation trends in 2019 will be led by artificial intelligence. The technology will ease HR operations by improving internal workflows, spark productivity, help HR professionals to identify data opportunities, etc. The use of artificial intelligence in employee management is a crucial HR tool to match employees’ increasing demand from employers.AI-driven technologies will assist HR professionals to save more times in their hiring process and through the use of automated responses. AI deployment will not be optional as it determines how businesses can attract and manage talents in various sectors. That takes us to the next HR trend.
The use of blind hiring technology
More businesses are recognizing diversity as a means of improving performance and workplace culture. There’s an increase in the number of organizations expanding their diversity hiring goals to incorporate various ethnicity, gender, age, culture and to be LGBT-friendly, according to Harvey Nash’s HR survey. The only means to achieve that goal is to deploy a more reliable hiring tool that will identify and remove the existing bias in its hiring process.
The main challenge will be acknowledging the existence of bias hiring by most businesses. However, this will be encouraged by a quest for improved productivity promised by ethnic and gender diversity in a recent report. Companies are poised to respond to McKinsey & Company’s January 2018 report that suggests a positive correlation between profit and diversity in the workplace.
While companies must hire and retain top talents to create thriving productivity, the bottom line of their efforts is in the use of emerging HR tools to address uprising challenges. AI is the promise and the technology will drive most HR trends in 2019 and beyond.