Upcoming Trends in Human Resource Management
Human resource management (HRM) has always been a key factor when it comes to employee productivity. Organizations invest hefty to improve this process in order to optimally use their resources. However, organizations need to adapt the technological advancements and holistic employee engagement techniques in order to be more efficient.
Biometric Tracking and Security
Buddy punching is a serious issue and organizations are striving to halt it. Fingerprints, retina and facial scans are unique and cannot be replicated. Biometric trackers, which offer these functionalities, will automatically put a halt to buddy punching and save organizations from incurring expenditure due to false information.
At the outset, the biometric solution might seem a huge expenditure but in the long run it is highly beneficial for both employees and organizations as it will inject transparency in HRM process and build trust between both stakeholders.
Enhancing Employee Engagement
HR professionals from around the globe agree that organizations with better employee engagement have witnessed better retention of productive employees and these developments play an important role in an enterprise’s ranking and image in the market. Organizations must understand the significance of the process and make an investment to enhance the same. HR executives must pinpoint the flaws that degrade the employee engagement and take initiatives to patch them up in the least possible time.
Use of Artificial Intelligence and Machine Learning
Using AI and machine learning, companies would be able to enhance their candidate and employee experience and understand their needs better. With ever-changing demands of employees, it has become harder to design and implement a process that would address their requirements and act as a gateway between them and employers. AI and machine learning can make this possible by facilitating analysis of data recorded from interview to off-boarding and providing better insights of candidate and employee needs. With AI enabled chatbots and expedited process, organizations will be able to save operational cost and time and enhance employee experience.
AR and VR in Training
HR executives can use augmented reality (AR) and virtual reality (VR) in employee training and on-boarding. Real-time scenarios can be replicated with these technologies without much effort and subsequently, they will enable new talents to understand the work environment.
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