chro_priorities

What Are The Biggest Priorities Of HR Leaders in 2020?

Now that the modern recruitment landscape is perpetually undergoing rapid changes, the majority of companies globally are facing a talent shortage. In fact, chief human resources officers (CHROs) in different corners of the world are striving hard to attain operational excellence so that they can easily facilitate business transformation and stay ahead of competition. Apart from streamlining talent acquisition efforts and boosting workforce efficiency, they are constantly adopting the necessary measures to strengthen their organizational strategies so as to drive phenomenal outcomes in a brief timespan. So, let us delve into the biggest and most crucial priorities of new-age CHROs in the year 2020 to help you get acquainted with the top trends that are taking over the hiring industry.

Here are 5 points that most CHROs are concerned about in 2020

The increasing need to invest in recruitment software to implement digital transformation

 

Owing to the increasing number of companies digitizing their talent acquisition process, recruitment technology has gained a great deal of importance amongst the present-day CHROs business leaders looking forward to getting in touch with top industry talent for filling open vacancies within the company. Since labor-intensive manual talent acquisition tasks eat up the valuable time of recruiters and HR managers, implementing digital transformation with the assistance of a technologically-advanced recruitment software can be really useful for enhancing the overall hiring efficacy instantaneously. An advanced hiring solution can help HR professionals automate a number of recruiting activities that require an ample amount of effort and time, thereby allowing them to shift their attention to other vital organizational tasks. By investing in an AI-powered digital recruitment software that is packed with all the required features, the new breed of chief human resources officers can effortlessly enhance their organization’s hiring process by leaps and bounds.

 

Paving the way for enhanced team collaboration between HR departments

 

Without a doubt, having a productive HR workforce is essential for ensuring organizational growth and winning the race for top talent in today’s tough candidate-driven job market. Chief human resources officers are now more focused on paving the way for enhanced team collaboration between HR departments to help organizations gain a competitive advantage over their competitors. Improving collaboration between employees working in separate departments can work wonders for turbocharging business efficiency for producing the desired results in as little time as possible. Best of all, utilizing technology for workplace collaborations can help employees come up with more creative ideas, create greater flexibility, facilitate team-based decision making, and open doors to seamless organizational productivity at the same time. Besides recruiting quality talent and reducing employee turnover, human resources professionals can attain long-term business goals much faster by working together in harmony.

 

Building a positive work culture that promotes both diversity and inclusion

 

Building a positive culture within the workplace that promotes both diversity and inclusion has indeed become a top priority for chief human resources officers looking to attract the best talent around. However, a large number of organizations fail to connect with highly qualified and diverse candidates owing to serious inclusivity issues, thereby being unable to drive innovative business results. Due to this, human resources personnel have started working towards building an inclusive work culture in their organization so as to supercharge their slowed-up recruitment process and attract diverse talent with little effort. Apart from this, the greatest benefit of creating a diverse and inclusive culture within the workplace is that it boosts engagement and prepares the way for improved employee retention in an instant.

 

Personalizing the overall candidate experience to boost employee engagement

 

One cannot deny that candidate experience has been a hot topic for CHROs for quite some time now. Since most modern-day workers are altogether disengaged and unhappy with their workplace culture, personalizing candidate experience has become extremely important for human resources professionals looking to boost employee engagement in less time. Since this a big challenge for companies globally, CHROs are putting in continual efforts to improve the candidate experience by providing employees with regular incentives and a better work-life balance to keep them engaged in the most efficient way possible for driving top-notch business outcomes instantly. Similarly, the use of AI-powered chatbots is on the rise as they help organizations to provide employees with a highly personalized experience. Other than this, recruiters can now make effective use of tech tools and regularly forward relevant emails with captivating content to enhance employee engagement without any hassle.

 

The growing importance of pay transparency reporting

 

The majority of modern-day CHROs are in agreement with the fact that pay transparency reporting has become a quite popular HR trend in today’s recruitment landscape. In fact, many companies worldwide have started giving more importance to pay transparency reporting to motivate employees, enhance their performance and prevent them from leaving the organization. Now that almost every other worker wants employers to make their salary information public, businesses are coming up with transparent compensation frameworks to be completely open about employees’ pay levels to eliminate the uncertainty associated with payments. In addition to publicizing the pay levels and salary details of workers, CHROs have begun implementing the present-day recruitment technology to ensure that human resources teams make data-driven compensation decisions to win the trust of employees and keep them satisfied so that they do not become disgruntled with their organization. Keeping everything else aside, reduced pay gaps and improved employee engagement are also some of the major advantages of pay transparency reporting.

 

There is no denying the fact that the serious dearth of talent in the present-day labor market has emerged as a top concern for most business leaders across the globe. Detrimental factors such as lack of evidence-based decision making, outdated HR tactics, and shrinking applicant pools contribute significantly to a slow talent acquisition process. As a result, chief human resources officers are modifying their management strategies and employing digital tech tools to efficiently deal with modern-day HR challenges. The key, however, is to equip yourself with a credible new-age recruitment automation solution that can help you hire the best talent and stay on top of your game.

 

hiring-challenges-2020

How to Overcome Hiring Challenges In 2020

 Despite the presence of numerous new-age digital tools and effective recruitment models, hiring top industry talent is still considered to be an uphill challenge by the majority of modern companies. The worst part is that the cutthroat competition for skilled applicants has made it even harder for recruiters to reach out to prospective candidates. Since the present-day employment market is majorly driven by candidates, most HR professionals concur to the fact that successfully hiring the right individuals for open job posts requires an enormous amount of effort and time. But hiring managers can easily tackle the various issues associated with talent acquisition by making effective use of a highly advanced recruitment management solution while adhering to a smartly planned approach simultaneously. The 5 strategies listed below will make it easier for you to hire suitable applicants with less hard work, thereby helping you to overcome recruitment challenges for producing top-notch business results in a flash.

Read more

Why Cloud Based Applicant Tracking System is a better option

Why Cloud Based Applicant Tracking System is a Better Option?

Cloud is trending big time in technology space. From large enterprises to startups, everyone is either in the process or preparing for moving their core business functions to the cloud. Well, even governments around the world have now identified the benefits that cloud represents and hence are not averse to capitalizing on cloud computing’s myriad benefits. Recruitment could not have been left behind and therefore we see a new breed of recruiting software, based in the cloud, making a wave across the industry. Here are some reasons why you should choose a cloud based applicant tracking system

 

If you are a part of the recruitment industry, you must have heard by now about the various benefits of using a hiring automation tool, more commonly known as an applicant tracking system. Many of you must be experiencing it firsthand. But what about a cloud based ATS? How does it make more sense, than say, your locally hosted ATS?

Here are some points that will make you re-evaluate your recruiting efforts with a cloud based applicant tracking software:

Cloud based ATS Improves Accessibility

With cloud comes the ability of remote access. While on-premise software will require you to be physically present in the office to get work done, an ATS with cloud capability will let you work from anywhere with just a computing device and an active internet connection. Working from office is not the most convenient option at times and therefore, having a cloud based system is of much use as it allows retrieving information and data from anywhere, anytime, 7 days a week.

(Also Read: How to Select an Applicant Tracking System?)

Cloud based Applicant Tracking System is quick to deploy

On premise software are often bulky and require expert installation skills, which make them a time consuming affair. On the other hand, with cloud based applicant tracking system, speedy implementation can be achieved as they do not have very high specific system requirements. Also, cloud based recruitment software  do not require much training as compared to legacy software. Without the need to spend time in processes like procuring licenses, setting up servers deploying cloud-based software is a much speedier process.

Cloud based Applicant Tracking Software speeds up recruitment process

Owing to the number of stakeholders involved in recruitment, the entire process becomes a lot complex and time intensive. Using cloud based applicant tracking software speeds up the entire recruitment process by reducing the response time between different parties involved as each update happens in real time. Coordinating communication becomes easier resulting in a more streamlined workflow. By removing friction across different stages of recruitment, a cloud based ATS accelerates the entire recruitment process.

(Also Read: Why Your Applicant Tracking System Needs an Upgrade?)

Cloud Applicant Tracking System is always up-to-date

With on-premise software, upgrading is a big headache. You have to call in engineers from vendor who take their own sweet time getting the system updated without worrying about your days of productivity going out of window. So much is the concern whenever an upgrade is around the corner that many companies ultimately decide to give it a miss, making them vulnerable and outdated. The cloud makes upgrading a system a breeze. You don’t even have to know that an update is happening, and your productivity and work remains unhindered. The vendor regularly releases patches and updates, which are applied automatically whenever the system is idle. This way your cloud based ATS is always updated with latest features and you can stay on top of your game.

Cloud based HR Software reduces expenses

As we already know that in cloud-based software, you are not required to buy any costly license per user like that in legacy software, therefore, you can be assured of greater capital savings. Plus, you will not require buying additional servers and storage space to host the software, and also can save on employing a specialized IT technician for update and maintenance. Applicant tracking systems based in the cloud result in significant cost savings and promise better ROI by improving productivity.

There are numerous other benefits that one can experience by implementing a modern cloud based applicant tracking software such as improved transparency, easier integration with other software and improved usability.

Benefits of Cloud Computing for HR

Benefits of Cloud Computing for Human Resources

          “It is not the strongest or the most intelligent who will survive but those who can best manage change.”

                                                                                                                                                                          – Leon C. Megginson

Cloud computing has been around for some time now. In fact, it’s almost impossible to walk your way through the world of HR without encountering references to cloud technology. We keep hearing large organizations making a move to the cloud. Despite the buzz, there still are companies and CHROs who are sitting on the fence, either aware and yet hesitant or still unaware of the immense benefits that makes cloud such a critical business asset in the current times and more so, in the coming future.

What is Cloud Computing?

Cloud computing refers to usage of configurable resources such as servers, storage, and software development platforms over the internet. In a cloud computing model the backend or the hardware is completely managed by the cloud vendor while the user pays only for the services used such as memory or software. These services are generally scalable. The main advantage for the user is that they do not have to build and maintain the computing infrastructure in house, thus saving in IT costs.  This new paradigm in information technology is particularly helpful for small businesses that do not have the financial prowess to match the large enterprises.

Benefits of Cloud Computing for Human Resources

 

Much of the discussion about adoption of cloud in HR revolves around the key benefits of cost of ownership, innovation and ease of use. When employers were asked to discuss their key motivations to implement cloud in HR, the results were along expected lines. While these advantages are strong enough to make a robust case for using cloud, those in HR who have learned to explore the hidden value of cloud computing will tell you there is more to what meets the eye.

Here are the top benefits of cloud computing in HR that your organization will experience:

Cloud computing in HR adds more flexibility

Moving your core HR processes to cloud adds more agility and flexibility. Catering to an audience which is always mobile, you need instant access to vital information and tools to remain relevant. Adopting cloud-based HR solutions eliminates the stacks of paperwork associated with the basic HR processes making them agile and responsive. Plus, even if the HR is working out of a different location like their home, cloud provides an easy way to manage and respond to workforce requests in an instant.

(Also Read: Why Cloud Based ATS is a better option)

HR and cloud computing allows innovation

HR is currently a minefield of changes, with a lot of things evolving even as we talk about the change. Cloud supports a quick access to innovation, unlike the on-premise software where one has to spend days going around in circle with the developers, and on boarding service executives. With cloud, not only the implementation of software innovation is fast, but also the changes are automatically adopted through updates with minimal disruption to day-to-day business. This way you will be saving time and money while implementation, and also, while adopting latest innovation to stay ahead of the curve through automatic system upgrades.

Use of cloud computing in HR saves costs

It’s surprising that out of the top three reasons of implementing cloud in the HR, lower costs of ownership ranked at third. After all, businesses are all about increasing their bottom lines and profit margins!

This points to a direction where the business leaders are now more worried about improving the qualitative aspect of their HR practices, rather than just focusing on growth numbers. In the long term, it is the easy implementation, quick upgrade, and low maintenance of cloud based HR processes which will result in significant dollar savings. Thus, cost savings to business is a natural corollary of all other benefits that cloud brings to the table.  Still, it is notable that only 14% enterprise moved to the cloud because cost saving was their primary purpose. Others latched on to it, as they realized that cloud offers more than cost reduction.

Other than these primary reasons, some other not so obvious advantages of cloud in HR include:

Impact of cloud computing in human resource management to streamline recruitment process

Recruitment is one of the most important HR functions, and with a number of stakeholders and departments involved, the process is far from simple. Requiring a lot of communication and collaboration between departments, hiring can be painstakingly time consuming at times for the HR. With the deployment of a cloud based recruitment solution, the entire process of hiring new talent which includes sourcing, interviewing and selecting the candidate can be streamlined. An integrated platform takes care of all aspects of recruitment and ensures participation of all those involved with minimal intrusion and effort, essentially cutting a lot of time and resources spent. An efficient employment process also goes a long way in building a positive company image.

(Also Read: How HR Technology can improve candidate experience)

Benefits of cloud computing in HR for talent acquisition

Till now legacy systems were at the heart of the recruitment processes. These software did make the work easy but

Benefits of cloud computing in HR for talent acquisition

owing to their dated functionalities, most of the work still needed to be done manually.  With human element involved, one cannot rule out the possibility of an erroneous decision being made on the basis of poor judgment, miscommunication or personal prejudice. Poor hiring decisions lead to waste of money and time and also put the brand reputation at risk. With cloud based technologies, one can totally avoid these human fallacies and make an informed decision based purely on data. Candidates are screened through a cloud based recruitment management system and the integrated analytics assesses the suitability of candidates through its smart algorithm. Thus, hiring the best possible candidate for an available position has become a lot easier with cloud based apps.

(Also Read: Ways to Improve Talent Acquisition)