The HR landscape is ever-evolving, and technology is becoming a bigger part of that evolution. With the HR software market surpassing $10 billion as of 2022, HR professionals are discovering technological support in all areas within their wheelhouse. Here is a look at some of the biggest HR technology trends this year.
Increased Automation
Automation is the gift that keeps on giving to HR professionals, saving time as well as improving security, and reducing human error. Automating any part of your processes will help whether it is benefits management, payroll, or recruitment. For example, with a good benefits administration system, your employees will be able to access valuable resources and view their benefits year-round, which can eliminate mailing personalized before open enrollment. The system can also allow employees to upload documents instead of printing copies and physically sending them to HR. This gives you as an HR professional the time back you need to focus on more complex tasks.
Employee Well-Being & Recognition
As we navigate this post-pandemic world, employee well-being and recognition remain top of mind for many HR professionals, and it’s not a coincidence that they go hand-in-hand in creating an environment of positivity. A great recognition program can lead to increased engagement and reduced absenteeism, and lower turnover. In fact, 97% of employees believe it’s important to have their strengths recognized. Integrating technology makes it even easier to make this part of your culture. There are countless software solutions out there that can help you manage employee recognition, collect valuable feedback from peers, and help you promote your organization’s core values.
Incorporating Diversity, Equity, and Inclusion
Diversity, Equity, and Inclusion (DEI) remain a top priority in all industries, and we are finally seeing new technologies emerging because of it. These technologies support the entire employee life cycle – artificial intelligence assists employers in recruitment, analytics can track and identify problem areas such as pay discrepancies, and insights can track employee engagement and retention.
For help with selecting the right technology partner, check out this article from the Bentek Blog.
When it comes to HR technology, the most important thing is vetting software to make sure it is the right fit for your organization. There is no one size fits all solution, so look for those that are best in class! With 20 years of experience, Bentek is the leader in Public Sector Benefits Administration. Contact us today to learn more!
