Enterprise "digital transformation" has become one of the hot topics in the world, and has become the main strategy of all enterprises to cope with the challenges. Statistics show that 67% of the world's top 1000 enterprises and 50% of China's Top 1000 enterprises will take digital transformation as the core of their strategy. As an important part of enterprise management, human resources are also undergoing profound changes brought by digitization.
As we all know, with the development of technology, the digitalization and informatization of human resources have experienced the evolution process from Excel tools, stand-alone HR software, to e-HR system and HR SaaS. In terms of function, the early HR software mainly focused on data and archive management, then integrated process tools and data mining, and now the application of big data model, cloud computing and mobile platform, enabling it to construct an application from HR to line managers, employees, senior management and other roles. In other words, enterprises need more intelligent, humanized and customizable human resource service platform.
What are the trends of human resource technology on a global scale? What technologies are creating different value for HR workers? Let's look at them all.
A recent study by Fosway in collaboration with the EU's HR chiefs revealed that 75% of companies plan to buy HR technology to cope with future challenges; 86% of respondents said end-user experience is a key driver for buying new HR technology; 95% believe accurate data and analysis are very important to the success of their HR operations; Of course, 66% of HR executives feel that current HR technology is not ready, as the business focus is increasingly on people issues that have an impact on HR.
Salary modeling
In terms of compensation systems, 40 per cent of HR executives plan to change their compensation systems in the next two years, 45 per cent will do the same to their core HR systems, and pay transparency and modelling will be a trend. Moreover, in the future, it will also be possible for an employee to set up his own payroll and get what he wants when he needs it.
Voice robot
When it comes to the practical application of AI/machine learning, 76% want predictive analytics, 70% want chatbots, 58% of respondents want shortlists, and 58% of companies want dashboards and reports when using machine learning to automate HR processes. The core human cloud of Beisen's e HR software ---- has taken the lead in realizing the chatbot function, which can enable employees to get timely replies to their inquiries, reduce their dependence on people, and comprehensively improve service experience and employee satisfaction. At the same time, HR can only answer the questions that need human intervention, refine the division of labor, and realize effective supervision of work while improving work efficiency, so as to promote the effective progress of business.
Employee self-service
Now that holistic talent development is evolving into holistic benefits development, HR is looking at the employee as a whole in order to achieve performance and retention -- focusing on the employee experience throughout the life cycle, which includes not only health, but also observing the employee's life and the additional value that the employer can give beyond the commitments already made. Especially when the consumption of human resources to the individual level is increasingly high, to meet the expectations of future employees, to provide such functions of self-service technology, combined with the salary model is expected to have a bright future. Beisen's all-scene integrated employee incentive and welfare platform -- Senfu can provide enterprises with a full-scene, warm employee incentive and welfare management system, covering 500,000 service merchants and more than 300,000 products across the country, to provide employees with high-quality welfare content and services, and make enterprises more relaxed and employees more satisfied under the premise of compliance.
Talent recruitment
In terms of talent acquisition, 51% of HR executives plan to change the way they recruit/acquire talent in the next two years, and 51% of HR executives also plan to change or move into analytics in the next two years. Beeson has been working on the practical application of AI for three years. Based on the big data platform of Beisen and massive recruitment behavior data and ability data, it is found that AI can greatly reduce the workload of resume screening, intelligently activate existing talents, and analyze the degree of CV difference. According to the China Enterprise Recruitment Index (BRI) Report 2018-2019, through comparison and analysis of more than 100 million resumes in the recruitment platform of Beisen, it is found that up to 39% of the contents of resumes have different information in different delivery behaviors. The differences in resume information mainly appear in education background, working time, working rank, project experience and other aspects, among which work experience accounts for more than 80%.
Learning development
In terms of learning development, since the skills gap is no longer just an internal issue but one that needs to be addressed through learning and development, certain technologies have created the possibility to inform and educate potential new employees before they are hired. To this end, providing the above micro-learning and induction training solutions will become the new way of recruitment in the future. It is understood that 55% of HR executives currently plan to change their entry technology in the next two years, and 48% plan to change their learning and development in the next two years.
Agile performance
Employee experience has become a core concern. 51% of HR managers plan to change their performance management and improve their experience in the next two years; Ninety-one percent of HR leaders say improving performance and profitability is the top goal, and 86 percent believe the quality of the end-user experience is the primary driver for changing HR systems. While new technologies enable feedback from job candidates to reduce bias, HR solutions are becoming more embedded in communication and collaboration platforms that identify when and how leaders communicate with their teams.
Supported by feedback analysis, machine learning, and workflow management, this will lead to changes in human resources and employee behavior. At the same time, the maturity of technology and user cognition also promotes the global and even Chinese HR SaaS market to develop vigorously.
According to the "China HCM SaaS Market Report in the Second Half of 2018" released by IDC, the growth rate of China's HCM SaaS market is as high as 47.4%, which is faster than the overall SaaS market, and is 5 times the growth rate of traditional OP software deployment. The market share of Beisen reached 17.6%, surpassing ASP, Oracle and other foreign manufacturers, and ranking first in the Chinese market.
On August 8th, iTalentU Beisen fourth User Ecology Conference is about to land in Beijing National Convention Center. 2000+HR practitioners will experience Beisen's leading HR technology, software and solutions up close. AI recruitment, AI evaluation, HR robot, talent big data analysis, employee self-service, one-click tax declaration, agile performance, as well as amazing school recruitment black technology solution, "omnipresent" HR PaaS platform, on-site play the latest HR software and applications...... The latest and most IN the forefront, there are dozens of heavyweight super HR scene share, mysterious big celebrity support, August 8, Beijing, iTalentU Beisen fourth user ecological conference, registration channel is about to open, the details of the Beisen official.
About Beisen
Beisen, an integrated talent management cloud platform, provides enterprises with integrated SaaS software and services covering the whole process of HR business, such as assessment, recruitment, organizational personnel, compensation, leave attendance, performance, succession, survey and Onboarding. It also meets the personalized and independent development needs of medium and large enterprises through its own PaaS platform. Every day, more than 5,000 medium and large enterprises, more than 120,000 HR employees and more than 10 million enterprise employees are using Beisen's innovative HR technology products and services. Beisen Cloud platform adds nearly 10 million talent evaluation data and hundreds of millions of resumes every year, and processes more than 1 billion pieces of data every day. For more information, please visit our website.