HR Technology Will Be Key In The Race For New Talent

The pandemic has accelerated workplace technology in countless ways, from where people work to automating tasks, and HR is no different. 

Technology is at the front of everyone’s minds, especially as companies face labor shortages and struggle to attract new talent. As a result of The Great Resignation, leaders are coming to terms with the need to update how they measure performance and productivity.  

Fortunately, new tools exist that can help HR and executives bring in new talent, retain current employees, and usher in what the modern workforce requires: a better employee experience. 

HR has long been viewed as a money pit, rather than a way to generate revenue. However, using this type of technology can help businesses measure productivity and employee wellbeing, allowing them to boost capital. 

By incorporating this type of technology, leaders are able to detect work patterns, measure employee behaviors, and understand what may or may not be working in everyday operations. 

Addressing what does not work will likely be key here, especially for companies suffering from the ongoing labor shortage. 

These leaders must address emerging demands from today’s workforce, which can include hybrid arrangements, career growth opportunities, better pay, improved benefits, and more. 

Having a clear understanding of how employees view the workplace is essential here, and without it, companies will fall far behind in the race for new talent. 

This can be done through employee surveys, which allows workers a chance to voice their opinions on how the company is operating, what would improve their experience, and whether the organization is doing enough to support staff during this unprecedented time.