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Is it better to hire contract or full-time?

Is it better to hire contract or full-time?

In today's world, there are many different hiring practices. There are full-time workers, part-time workers, contract workers who freelance, contract-to-hire and so on. With contract hiring websites such as Jobble and Upwork, some positions can easily be filled...

The Latest Technology Trends in the HR Industry

by | Aug 27, 2018 | HR News, HR technology

TAM_Latest_HR_technology_trends

The focus of internal HR and company culture has shifted drastically over the last few years. The market now demands new technology to modernize today’s workplace. Your business has the opportunity to be on the forefront of innovation by adopting technology that will revolutionize today’s workplace.

Implementing the latest technology is so important that many employees decide whether to join or stay at a company depending on its technological sophistication. According to this report from the Harvard Business Review, 51% of survey respondents said outdated or inadequate office technology impedes their organization’s ability to retain employees with high-value skills and experience, and 58% say the state of a company’s technology factors into decisions by job candidates about where they want to work.

So where do you go from here? Let’s break down the basics of the latest HR technology trends that recruiters, hiring managers, and other HR professionals should keep in mind.

HR Software

HR software options for internal company procedures combine a number of systems and processes for easy management of everyday business tasks.  Lower level choices include Human Resource Information Systems (HRIS), which enable users to more efficiently automate administrative processes and manage people, policies, procedures, and tasks such as payroll and compliance.

Higher level options often involve more extensive, cloud-based HR Management Systems (HRMS) that incorporate everything an HRIS offers, plus a streamlined, automated process for workflow, Time & Labor Management (TLM), artificial intelligence and data-driven analytics.

Two other important software options to consider include Applicant Tracking Systems (ATS) and Candidate Relationship Management (CRM) Systems to automate and improve relationships with potential job applicants. An ATS system is a software application that enables recruiters to automate and streamline their hiring and onboarding procedures. The primary role of an ATS is to provide a central repository for submitted data and to allow seamless collaboration between recruiters, applicants, and clients, as well as internal and external job boards.

Most ATS systems integrate with job boards and allow recruiters to effortlessly acquire resumes from candidates seeking positions. Recruiters can track job postings, engage with candidates, maintain compliance, collaborate on team decisions, search their repository of applicants, and so much more.

CRM systems are complementary to ATS systems because they actively market to job-seekers, nurture relationships, and create a talent pool of qualified active and passive candidates. CRM technology automates the attraction of talent, as well as organizes, communicates and manages the process for potential new hires. CRM systems gather data from many different sources including te