The Impact Of Technology In Human Resource Management
The Numbers Tell the Tale
Technology is rapidly changing human resource operations. Confident that …show more content…
Organizations with less than 10,000 employees lean towards this trend strongly, with 34 percent SaaS adoption among them. 28 percent of these organizations use legacy systems combined with SaaS platforms. Larger organizations still view security and deployment as sticking points to SaaS implementation. Overall, all organizations are slowly accepted outsourced solutions as a viable alternative. Human resource departments at firms around the world are adopting new technology for several key functions.
More Firms Will Adopt Technology to Manage Talent
The most significant human resource software innovation is in human capital management. Most firms plan to upgrade the system they use to track employee performance over the next three years. Among those firms, half seek a solution that integrates with their enterprise legacy system. New advancements in this area have increased the demand for talent management software. With integration, employers can now compare labor needs to their talent pool to identify skill set shortages. The programs offer many improved features that firms view as a viable tradeoff to customized solutions.
Enterprises Will Increase Mobile HR …show more content…
The department heads use the platforms such as to LinkedIn to recruit employees, Yammer for internal social networking and SharePoint for employee collaboration. Social media is a growing force for globally dispersed organizations. Yet, firms are just beginning to harness social media as a business tool. Conversely (As an aside), most contemporary job candidates research potential employers using social media.
Big Data Analytics Will Continue to Proliferate
Enterprises are increasingly adopting big data analytic technology, which allows firms to find hidden resources and opportunities among abundant data repositories. Over half of small organizations exploit big data analytics compared to 80 percent of large organizations. The firms use big data analytics to amalgamate information mined from their entire enterprise. On average, only around 35 percent of enterprises continue to use manual analysis and reporting practices. Among human resource departments, big data technology is still evolving. Only 20 percent of organizations use custom-built, in-house solutions.
Technology Vendors Are Improving the Business User