DECEMBER 2020HR TECH OUTLOOK6Since the last decade, the global workforce has undergone rapid transformation by adopting new practices and perspectives. Amid the changing landscape, HR is tasked to think of new ways to maintain employee satisfaction while strengthening their relationship with the management. Besides, with declining talent pools, they are faced with challenges to identify the right candidates for a job role. The traditional challenges on one side, COVID-19 has entered the scene and brought with it a heap of challenges for the HR departments across the globe. With uncertain economy and stressful lives looming large, HR professionals are leaving no stone unturned to keep up the spirits among the teams spread geographically. To deliver a consistent employee experience across geographies, traditional solutions are being replaced with SaaS-based human capital management systems. The modern solutions leverage disruptive technologies such as predictive analytics, Big Data, AI, and social media platforms to deliver multiple benefits. Among them, predictive analytics offers recommendations related to hiring trends, training needs, and employee retention. Besides, applicant tracking systems are being integrated with diverse HR platforms. AI takes the burden off the heavily resource-oriented tasks, enabling hiring managers to engage with potential candidates in a more promising way. The smart systems automate tasks and maintain regulatory compliance with ever-changing regulatory laws. HR Tech Outlook has compiled a list of top HR Tech startups who are bringing new-age technology solutions to solve the evolving industry challenges. Besides, the edition includes insights from subject-matter experts in the HR sector on the latest industry trends, best practices, and recent innovations.Let us know your thoughts.Navigating HR in the New ParadigmHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 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 CHROs 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 - 09 - 2020, Volume 06, Issue 42 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Ronald Donovan
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