2020 has proven to be an intense catalyst for change for individuals, families, and businesses. The count, which increased before the pandemic, has become the norm. The importance of inclusion initiatives is further exacerbated by persistent inequalities. It seems more urgent than ever to support employee well-being, both physically and mentally. In 2021, we will see trends in HR technology that support companies in the “new normal” and provide technology solutions to solve new and persistent problems.
What is workforce technology?
If you’ve ever asked yourself, “What is HR technology?” You are not alone. HR technology is a broad term that encompasses the tools HR managers use to deliver a better employee experience.
HR software can securely store data, automate daily processes, and provide analytical tools for making more strategic decisions. Functions such as compensation, benefits, recruiting, onboarding, performance management, and employee communications can all be managed on a digital HR platform. By automating these processes, you not only save time and money for your business. It also reduces the possibility of human error, limits liability, and avoids costly mistakes. Cloud-based HR software is accessible from anywhere, which fits seamlessly into today’s work-at-home climate. Employees and employers can upload or verify data at home or on the go.