HR Tech is Evolving Voice & AI Systems are future

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20 years back, self-service applications were a rarity with HR systems set up on premise. However, due to the rise in mobile technology, cloud-based platforms are now available to make the work-life easier for employees as well as managers in a company, small or large. MNCs with a truly diverse global workforce have been benefitted the most as they can now connect seamlessly like never before. Various tools and virtual interfaces have brought about a significant change, allowing quick and constant engagement, disregarding the physical constraints.

According to Jason Averbook, an HR tech industry analyst, "It'll be no more clicking or going through menus." The time is not far off when voice-based assistants will take over these interfaces and platforms with Amazon's Alexa or Google Home being used to look up payroll, benefits or any other work-related app.

HR tech thus becomes a very important aspect of any business. All the industries are dependent on it. It helps in developing a vital bond between the individuals and their organizations.

HR tech is now an industry in itself, which is worth billions of dollars, says Ellis Whittam.

Some innovations in the HR tech are just around the corner. Artificial intelligence is one of them. Of all the companies exhibiting at this year's HR tech conference in Las Vegas, fifty of them showed several AI-based workforce applications. It can be really helpful in completing high-volume repetitive tasks and augmenting things people are good at, like problem-solving. It can be put to use for employee assistance, job interviews and wellness as well.

Autopay payroll platform, which has been present since past 50 years, is being evolved too, with better versions of it being developed every now and then. The latest platform is developed keeping modern work and pay practices in mind, covering global payroll and a flexibility to pay independent contracts daily as per their shift. Weekly and batch payments will be a thing of past and not the way business is to be done in the future.

People management practitioners will have to innovate quickly in order to adapt to this constantly evolving business world. Stacey Valy Panayiotou of The Coca-Cola Co. thinks that a possible way to do so is to experiment all possible HR tech projects even before instituting a pilot. They ran experiments for over nine months on new management processes and tried different approaches and also created a business case. This, in turn, helped her team gain a lot of valuable data needed to be analyzed for a fast-track and seamless approval to proceed with the newer platforms.

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29th Jan 2018 15:35

Not having the right support structures in place and so on can mean people are not driven to want to succeed, and if they don't want to succeed, neither will your firm. Making sure a good general understanding of HR basics is worth thinking about to achieve this. My law firm recently received HR support from Guardian Support, as the firms management had been made aware of some potential issues within the company that could have escalated. It would be worth investigating the pros and cons of having HR services as part of your company if you currently do not have a structure in place as it could come back to bite you. We got a large amount of options with HR software and did not realise the sytsems were in place, and they have been of great help since. https://www.guardiansupport.co.uk/

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