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HR Tech Outlook | Friday, December 30, 2022
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HR teams see greater returns on investments through cloud-integrated systems in hiring the right candidate, managing productivity, and employee retention.
FREMONT, CA: Cloud transformation is a comprehensive solution for the human resource department in any company. It aids a company's talent search, enhances data analytics, and manages different business models. Surveys show that HR teams prefer cloud solutions to upgrade the traditional hiring process. Fifty-five percent of HR departments from various companies agree that cloud transformation benefits work processes and businesses.
Surveys reflect that cloud solutions have potential benefits for retaining employees, managing remote work, and supervising technological applications.
Retaining employees: Eighty-eight percent of employees report work-life imbalance, low pay, and limited carrier growth. Companies globally face high attrition rates, and employees face frequent company downsizing. Companies can retain their employees better through skill development courses. HR teams can identify skilled candidates who have undergone skill training in their previous company.
New Methods: HR teams use cloud-based tracking tools that monitor and manage remote and hybrid productivity. Cloud solutions manage workforce productivity by matching performance against certain metrics. Twenty-four percent of HR teams report that managing off-site work is challenging to enforce without micromanaging employees. Automated tools replace micromanagement and monitor employees without limiting productivity. Cloud HR tools increase employee engagement, remote HR control, and data security. Companies observe 81 percent of managers adopt cloud applications and greater cost savings.
Employee engagement: Gamifying productivity, deadlines, and regular logins improve employee engagement and limits attrition. Managers can coordinate better by tracking employee progress and identifying employee skill deficiencies. Productivity applications facilitate training programs and task allocation.
Maximizing HR technology investments: HR cloud migration increases employees' cloud technology use and finer control of HR teams. Companies find cloud migration from legacy HR systems challenging. They cite gaps between digital adoption knowledge and cloud integration amongst HR professionals. HR departments worry about employee data security and breaches.
HR teams adopt cloud and software as a service (SaaS) applications to hire and manage talents. Understanding emerging cloud applications and securing databases facilitates future cloud integration in the HR system. HR teams can maximize employee retention, hire the right candidate, and improve productivity and management through automation, AI, the internet of things, blockchain, and virtual reality.
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