Written by Nicki Williams on 11th April, 2017.
Here at Strategic Pay, we're committed to providing you with the information you need to help run your HR operations successfully. So, although we don't personally provide IT solutions to HR, we thought we'd give you a rundown of how it's impacting the industry, and which new technologies are here to stay.
From an early stage, IT has been recognised as a key tool for aiding in HR analytics, and this isn't going to slow down any time soon. This is something that Strategic Pay take full advantage of - we gather a huge range of information on remuneration and rewards, as well as other HR policies and metrics, so that you don't have to.
2. Performance management software
A range of cutting edge practices have recently been making their mark in the area of performance management. These include crowd-sourced feedback, which involves other employees assessing staff through social media and tools for continuous work reviews. This dispenses with the formal bi-annual performance review, and instead monitors staff in real time, enabling you to identify any problems at an early stage. These technologies will also allow you to better reward those who are performing well.
3. Cloud software
Cloud technology enables you to clean up your office, save on paper, and become more transparent. For instance, instead of staff having to email HR every time they have a question on payroll, they can simply find the information on your cloud software. If your business has all its software and documentation on the cloud, it will also make it easier to implement flexible work policies like allowing your staff to work from home.
E-learning platforms are a great way to train employees. They involve discovering and sharing learning content. Often, they will include a way for employees to track their training progress, as well as providing some form of recognition for the online courses staff have undertaken. With more and more people keen to take on new skills, e-learning is going to continue to be an important part of HR technology.
Over the past few years, there have been lots of new IT tools marketed as the next big thing for the HR industry. These are the ones we believe are here to stay. For more information on performance management, flexible work policies, remuneration or rewards, please contact us.