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4 Main Human Resources Innovations In 2019

4 Main Human Resources Innovations In 2019
  02/05/2019 09:05

According to various studies, the human resources management sector will reach 30 billion dollars by 2025. The business of creating innovative human resources solutions is booming. An industry that includes professionals who have historically been overburdened with the complicated life-cycle management processes of each employee is currently experiencing an avalanche of innovation.

Human resources technology trends for 2019 include solutions that will promote employee engagement, diversify the hiring of people, expand corporate welfare and employ artificial intelligence to improve HR operations.

Today, the increase in innovative technology for the workplace reflects the shift towards a more holistic employee experience.

4 Main Human Resources Innovations In 2019
  • Promote employee commitment.
  • Diversify the hiring of people.
  • Expand corporate welfare.
  • Rationalize human resources operations with AI.
1) Promote Employee Commitment

The companies will increase their expenses of hiring employees by 45% in 2019. The commitment of the employee is the level of emotional connection with their organization, when the workers feel valued, their dedication and enthusiasm for their tasks and co-workers. This, in turn, increases employee retention, performance and productivity.

There are many options to improve employee commitment. Human resources personnel can use employee-hiring software to request and track employee comments, recognize their achievements and promote a positive activity. These tools get practical information from employee feedback that is essential to improve engagement.

In addition, there are a variety of solutions to help engage workers beyond employee engagement software. These include solutions that offer continuous training and education, professional development, recognition, as well as the creation of programs on topics such as physical, mental and financial well-being.

2) Diversify The Hiring Of People

A recent report by McKinsey & Company found that ethnic and gender diversity in the workplace correlates positively with earnings. Increasingly, companies will establish diversity objectives that human resources personnel and hiring managers must meet. To do so, they must design clear work plans to achieve gender, ethnic, cultural and generational diversity. Fortunately, there are a growing number of technology solutions aimed at helping HR staff do just those.

To reduce the prevalence of sexism, racism, aging and classism during the hiring process, HR staff can implement a variety of recruiting, candidate selection, and interview and evaluation tools. These solutions provide a variety of features to help companies diversify their talent. The diverse analytics, for example, can help companies to understand and compare how their organization is classified in diversity with respect to its competitors. In addition, some solutions focus on writing information such as gender, race, ethnic origin or education during the process of scanning and interviewing the curriculum, highlighting skills and work experience.

3) Expand Corporate Welfare

Corporate wellness initiatives that focus on mental and financial health, in addition to physical wellness solutions, will expand by 40% in 2019. Companies will employ mental health, financial and physical wellness solutions to improve health and wellness employee health.

Corporate wellness programs are expanding beyond focusing solely on the physical health of employees. Technology can help companies improve their corporate welfare programs to include financial and mental health welfare solutions. These wellness programs are aimed at improving employee participation by providing the support they need to be more productive.

To provide a comprehensive corporate wellness solution, companies will increase their budget, focus on integrating solutions to improve employee access and adopt digital solutions. Companies will focus on emotional wellness initiatives, which include stress management workshops, meditation rooms, and mindfulness activities and integration of work life.

A greater focus on corporate welfare decreases stress and burnout, resulting in more productive employees and a positive organizational culture. Wellness is an essential component for a positive, attractive and inclusive business culture, and corporate wellness initiatives will continue to grow in 2019.

4) Rationalize Human Resources Operations With AI

Innovations in human resource technology driven by AI will increase by 35% throughout 2019. Businesses are increasingly leveraging AI technology to help identify data opportunities, improve internal workflows and increase productivity. , among others.

The human resource technologies incorporated in AI can also help companies improve the employee experience, increasing their commitment and improving the company’s culture.

Machine learning, an application of artificial intelligence, uses data to learn, identify patterns and make decisions. These tools reduce the amount of human power needed to perform a job quickly and effectively. Meanwhile, both response time and access to information increase.

The technologies promoted by the AI will continue to improve and increase throughout the human resources sector. As the demand for these technologies expands, there will be no shortage of new innovations in the next year.

We all understand the benefits of a diverse, committed and mentally, physically and financially healthy workforce. To create a prosperous, productive and committed work culture, companies need to recruit, hire and retain the best talent.

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