Key trends and evolution of Human Resources

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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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Key trends and evolution of Human Resources

  1. 1. HR Evolution Seven Years from Now
  2. 2. Seven years – Business perspective Copyright 2013 | Saigun Technologies Pvt. Ltd. 2 Then why not HR?
  3. 3. 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
  4. 4. HR Future Trends Copyright 2013 | Saigun Technologies Pvt. Ltd. 4
  5. 5. 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
  6. 6. • 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
  7. 7. 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 effectiveBetter self-managed by employees
  8. 8. • 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. 8 HR Future Trends Strategic thinking will be the new core competency for HR Professionals
  9. 9. Thank You Copyright 2013 | Saigun Technologies Pvt. Ltd. www.empxtrack.com

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