DECEMBER 2019HR TECH OUTLOOK6The human resource (HR) industry is ever-evolving. Today, leveraging new technologies have made hiring the best talent, monitoring employee performance, and other processes--that are critical to business growth and success--much easier.HR processes are essential for the smooth functioning of any organization as they have a key role in planning, directing, and coordinating administrative functions. From the use of artificial intelligence in streamlining the recruitment process to the automation of HR processes, performance management, data analytics, facilitating regular employee reviews, and so on, HR technology solutions have always been a boon to companies. These tools enable HR professionals to reduce the time and resources required for administrative tasks and at the same time enhance existing systems and processes.An emerging technological tool, augmented analytics is geared to offer HR teams the ability to draw deeper insights from people data. Leveraging AI, machine learning, and augmented analytics, HR leaders can expand and amplify their capabilities and team size. Visual storytelling, another tool has been found to be hugely influential in locating candidates within the job market. Studies show that a job requirement posted with a video can increase the number of applicants by a significant amount. Moreover, digital HR solutions like self-service HRMS are gaining popularity as they reduce dependency on HR teams for everyday tasks such as leave, attendance, and holiday management. Through innovative solutions, HR tech startups help companies gain a competitive edge at enhancing employee performance through data-driven analytics and insights, streamlined administrative tasks, among others. While many technology startups have different goals, backgrounds, and areas of focus, one thing remains common--they are driven by big ideas.As newer channels for engagement surface in the marketplace, businesses are keen on implementing HR tech solutions to enhance their ability to provide digitally oriented HR services and simplify the hiring of skilled individuals. In light of this HR Tech Outlook presents its special edition on HR Tech Startups featuring insights from industry leaders and innovative solution providers.Let us know your thoughts! The Changing Face of HR ManagementHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's Noterichard@hrtechoutlook.comRichard WatsonCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKDecember - 06 - 2019, Volume 05, Issue 29 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Albert Rozario
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