key trends and evolution of human resources

Post on 10-May-2015

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The requirements of the Human resource department change according to the business scenario. It is important for companies to keep the hr systems up to date depending on the current trends

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HR Evolution

Seven Years from Now

Seven years – Business perspective

Copyright 2013 | Saigun Technologies Pvt. Ltd.

2

Then why not HR?

New Today -> Old Tomorrow

• As companies change, their HR requirements change

• Buying trends of HR have changed

• HR systems have aged and become mature

• Excel sheets are no more used for payroll calculations and employee management

• HRMS softwares have become old now

Copyright 2013 | Saigun Technologies Pvt. Ltd.

3

HR Future Trends

Copyright 2013 | Saigun Technologies Pvt. Ltd.

4

HR Future Trends

• On-premise hosted costly enterprise applications will be obsolete in next seven years

• Enterprise applications and web applications will move to cloud applications

Copyright 2013 | Saigun Technologies Pvt. Ltd.

5

Enterprise Applications will become obsolete and Cloud Applications will capture the market

Easy to buy and use without bearing any infrastructure cost

Software vendors mange application versions for their customers

• Hand-held technology for virtual meetings, conferences and virtual classroom trainings are already being used

• Demand for new interface and consumer-like experience will be a driving force for future HR applications

Copyright 2013 | Saigun Technologies Pvt. Ltd.

6

HR Future Trends

HR Applications will be used on Mobile Systems

A research shows that most companies these days use three to four different HR software systems to manage different requirements

Copyright 2013 | Saigun Technologies Pvt. Ltd.

7

HR Future Trends

Companies will have a single HR System

Future trends suggest that companies

will soon prefer to buy a single vendor

solution for all their HR needs

Reduced data

integrity problems

Cost effective Better self-managed

by employees

• HR professionals will emerge as strategic business partners for organizations

• Find the right combination of compensation, benefits, and learning opportunities for the employees

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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HR Future Trends

Strategic thinking will be the new core competency for HR Professionals

Thank You

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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