HR technology trends: how a specialist HR consultancy can keep you ahead of the competition 

2023 is proving to be a challenging year for HR.

From the Great Resignation to the continued effects of the economic downturn of 2022, it’s time to hold onto your hats, because HR is in for another bumpy ride.

But with a number of challenges facing organisations across the globe, how can technology help to solve these problems and enable you to keep ahead of the competition?

In this blog, we investigate four ways a specialist HR consultancy can help you to use the latest HR technology trends to your advantage so you can ensure you come out on top.

4 HR technology trends to be aware of in 2023

1. Utilising technology and automation

One of the biggest trends for HR technology in 2023 that specialist HR consultancies can help with is the use of technology for top-of-the-funnel recruitment processes.

From utilising AI tools for greater efficiencies in candidate screening and interviewing to increased use of video, technology is set to play a more important role than ever before in the recruitment process as the economy faces ongoing uncertainty and budgets continue to shrink.

Another key trend for this coming year is the increased use of automation in HR. With managers under more pressure than ever before thanks to the current labour market, the automation of repetitive tasks such as managing payroll will free up managers’ time to focus on other important issues.

Not only does this free time enable you to build strong relationships with your employees as your business continues to grow, but if your business is currently undergoing a period of rapid expansion, outsourcing your HR also enables you to focus on what’s important, rather than being entrenched in the HR challenges that come with business growth.

2. A hybrid and flexible work model

In the wake of the COVID-19 pandemic, hybrid, flexible working is one lasting impact that is set to stick around for the long haul. In fact, one in five HR leaders say that hybrid working will continue to be a priority for them over the next three years.

Essentially, as organisations begin to accept that employees are not going to return to a pre-pandemic, five-day working week in the office, there are a number of changes that need to be made, from onboarding to learning and development - and technology is set to play a key role in the embedding of hybrid working models.

With teams working remotely - and often internationally - HR outsourcing can help you to take control of the hybrid working process by streamlining HR processes and providing everything you need in one place.

3. Using technology for global expansion

Now that many organisations have realised that they can grow their teams partly or fully remotely, more and more businesses are looking at entering new markets and expanding internationally - with technology such as global payroll or HR software playing an essential role in business growth.

If your business is growing internationally, you must align your existing HR principles and policy with local employment laws and country specific requirements. Employment law varies from country to country, and for every country you operate in, your HR team needs to be completely up to speed with that country’s legislation around everything from taxes and healthcare to benefits and payroll.

If your expansion is going to be successful, handing these complexities over to an expert with the necessary technology in place is one of the most important benefits of outsourcing your HR.

4. Focusing on employee experience

What all of these trends ultimately lead to is a shift in organisations across the globe to focus on employee experience. To attract and retain the best talent, you need to genuinely know and understand your people - which is why employee experience has become a strategic objective in its own right.

Wellbeing has been a buzzword for a few years now, and in today’s world, its importance is continuing to grow. Essentially, employee wellbeing and improved employee experiences mean a better bottom line - which is why creating a healthy company culture is at the front of mind for every HR leader in 2023.

As such, organisations must work together with their people to boost morale, encourage positive mindsets, and enhance the employee experience if they are going to reap the benefits of strengthened performance. In fact, McKinsey found that organisations with a positive employee experience are 1.3 times more likely to report organisation outperformance.

By leveraging new technologies focusing on employee experience, you can create numerous benefits across your organisation, from enhanced learning and development opportunities to upskilling talent and even improving emotional health and wellbeing.

How Activpayroll can help you stay ahead of the competition

Ultimately, if your organisation is going to succeed, you need an expert HR function so that you can take advantage of the latest technology trends, continue to grow your business, and maximise your international operations - and that’s where we come in.

From our global HR services and global mobility expertise to unbeatable knowledge of global payroll, if you want to get ahead of the competition and stay there, there’s no one better placed to help you. If you’d like to find out more about how we can help, contact us today to learn more about our range of global services.