But as a result of this quick shift to digital communication and collaboration, we are now entering an era where traditional office-based HR is becoming less relevant. Organisations are seeking ways to streamline operations and procedures and improve their efficiency, effectiveness and agility in order to survive in the modern digital environment. If implemented properly, these technological tools have the potential to significantly affect the working environment and the experience of employees.
In this article, we will discuss the HR technology trends for 2023 and beyond that human resources leaders should keep an eye on.
AI-Powered Data Analytics
A variety of technologies will be used in HR in the future. According to IBM research, the use of AI integration in manufacturing and commerce will rise from 40% to 80% over the next three years. Artificial intelligence-powered data analytics will be used to improve different facets of human resource management in the upcoming years. Not only that, but these technologies will be the foundation of the workplace of the future. Many firms already use HR as a strategic tool. In the future, data analytics and reports will aid HR in becoming more knowledgeable and objective. For instance, analytics platforms with AI capabilities can assist in identifying employee leave trends, employees who may leave the organisation and much more. Data that is timely available will unquestionably help HR and leadership to make strategic decisions and reduce potential risks.
Artificial intelligence will also be useful in the future for data-driven hiring. Automation of workflows will help organisations save time and money.
Virtual Learning and Development
Employee learning and development is a core strategy of every organisation. Due to abrupt changes in work arrangements and organisations’ lack of preparedness for them, L&D has had to deal with a flood of changes during the past two years. The challenge for learning and development professionals in 2023 will be to provide ongoing learning while putting engagement and inclusion at the forefront. To achieve the best results, learning and employee experience must complement one another.
The adoption of gamification and virtual reality in the learning process will make 2023 a landmark year with organisations already embracing digital learning. The estimated overall impact consists higher employee engagement, motivation and improved learning outcomes. Additionally, digital learning will be tailored to cover more ground using mobile and desktop applications to ensure that remote workers learn new skills at the click of a button.
Cloud-based HR Systems
Today, employees are more connected than ever and they expect their employers to keep up with the evolving needs. Organisations are putting cloud-based HR systems and human resource management systems (HRMS) in place to satisfy this need. These HR management tools support managing a remote workforce in addition to measuring and enhancing worker productivity, teamwork and many other areas.
Since they enable HR to access employee data in real-time from anywhere and make educated decisions, cloud-based HR systems are now widely used. These solutions also provide employees with self-service tools that give them the right experience and allow them to accomplish their jobs in an efficient and effective way. Hence, companies will continue to use cloud-based HR systems and HRMS solutions to build a highly productive and engaged workforce in 2023.
Diversity, Equity, Inclusion and Belongingness with HR Technology
Organisations have increased their efforts to foster a diverse and inclusive workplace over the past few years. However, the success was not very significant. The main reason for this was that there wasn’t enough data to examine the result. Employee data was mostly recorded on paper, which led to storage and accessibility issues.
Utilising data analytics to gain useful insights is crucial as organisations implement a number of policies and practices to improve diversity, equity, inclusion and belongingness (DEIB) at work. According to research by HBR, an organisation’s diversity initiatives can be significantly impacted by data analysis and disclosure.
A robust data-driven DEIB strategy will be one of the most significant HR tech trends in 2023. Organisations must implement practical steps to improve diversity and inclusion because a significant percentage of employees are eager to work in a hybrid environment. This can be achieved with the implementation of the right HR technology tools that can help build a holistic and inclusive work culture, where no one is left behind. It can further assist in eliminating bias in managers, workflows and talent management processes.
Concluding Thoughts
Technology is constantly evolving and changing. It won’t be long before new technological advancements become the norm. Future HR trends will come and go, with some remaining for many years and others only existing briefly. Which trends will be the most significant in ten years is difficult to predict. But in 2023, before adopting the altering business standards, HR departments will need to assess and comprehend the impact of technology.
The writer is Co-Founder & CEO, uKnowva – 360 degree HRMS
