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HOW TECHNOLOGY
IS TRANSFORMING
THE WORKFORCE!
By
Raghav Poojary
Head of HR Technology and Process Automation
FirstMeridian Business Services
Presenter Profile – Raghav Poojary
Head of HR Technology and Process Automation
FirstMeridian Business Services
Specializations
HR Technology & Process Automation | Tech Transformation Consulting | Tech Enabled RPO &
Managed Service Programs
2
Summary
Subject matter expert with more than 17 years of experience in setting up and
operating HR Tech CoE within the people business covering RPO, HR Consulting
and Staffing Business Operations.
Had worked with companies like Merit Trac, Skill Assure, CareerNet, Adecco,
PeopleStrong and Quess Corp in the past.
Linked-in Profile
https://www.linkedin.com/in/raghavpoojary/
Website
http://www.raghavpoojary.com/
5 MAY 2020How Technology is Transforming the Workforce
5 Trends Shaping the Future of Work!
35 MAY 2020How Technology is Transforming the Workforce
Global Mobile Workforce by 2022
42.5%
By 2022, 1.87 billion people will be
mobile employees, comprising 42.5%
of the total global workforce
[Source: Strategy Analytics]
Work from anywhere
Stay connected with people and information anytime,
anywhere, on any device
Hire the best talent regardless of location
Onboard top candidates who aren't willing to relocate
Business hours are when you are most productive
Open-ended schedule offering flexibility in work timings
Mobility – Key Impact Areas
4
Impact!
The way we manage people and projects will change –
project management methods will emerge as must
have skills and also increase in demand for
collaboration tools.
5 MAY 2020How Technology is Transforming the Workforce
Key Technologies Changing the Way We Work
Big Data Blockchain AI/ML/NLP
Robotic Process
Automation
Collaboration
Platforms
Cloud Computing Edge Computing Internet of Things
VR/AR Cybersecurity
55 MAY 2020How Technology is Transforming the Workforce
“In the future of
work, Technology is
the Central
Nervous System of
the organization
that enables
everything to
function.”
65 MAY 2020How Technology is Transforming the Workforce
A QUICK DIVE INTO
THE RECRUITMENT &
HR INDUSTRY
75 MAY 2020How Technology is Transforming the Workforce
The Recruitment Industry in India
85 MAY 2020How Technology is Transforming the Workforce
Recruitment Industry
TYPES OF SERVICES
• Temp Staffing
• Permanent Recruitment
• Recruitment Process Outsourcing
(RPO)
• Professional Staffing
• SOW-Based or Project Hiring
• Managed Services
• Master Services Provider
• HR Tech
Recruitment Industry
TOP TECH TRENDS
• An Applicant Tracking System
(ATS) to Automate End-to-End
Recruitment
• Mobile-Friendly Career Sites and
Digital Onboarding Apps to Attract
Millennials & Gen Z
• AI & Machine Learning to
Automate Sourcing
• Analytics and Algorithms to
Digitize Recruitment Practices
• Chatbots with Natural Language
Processing (for Improved
Candidate Experience)
Recruitment Industry
KEY FOCUS AREAS
• Candidate Supply Chain
• Candidate Experience
• Speed & Quality of Hire
• Service Automation
• Recruitment Team Productivity
• Employee Engagement
• Employee Benefits
• Client Servicing
• Compliance
• Vendor Management
95 MAY 2020How Technology is Transforming the Workforce
TRANSACTION TO
TRANSFORMATION
DIGITIZING END-TO-END HR &
RECRUITMENT PROCESSES
5 MAY 2020 10How Technology is Transforming the Workforce
Process Mapping of Staffing Operations
Process Sales &
Marketing
Contracts Demand
Mgmt.
Sourcing/
Processing
Offer/
Onboarding
Operations/
Resource
Mgmt.
Payroll &
Billing
Compliance
People
Sales Team Legal Team
Account
Management
Team
Sourcing
Team
&
Operations
Team
Onboarding
Team
Client
Servicing
Team
Payroll Team
&
Account
Team
Compliance
& Legal
Team
System
Sales CRM ERP ATS
Job Portals,
Social
Media,
Reference,
Market
Place
Mobile App
Based
Technologies
Bot Based
Attendance
Collection
Client Portal,
Payrolling
tools
EPFO
Portal,
eKYC,
115 MAY 2020How Technology is Transforming the Workforce
Setting Up of PMO Team for Tech Deployment and Adoption at Staffing Companies
12
PHASE 1
CURRENT STATE
ANALYSIS
PHASE 2
PMO DESIGN
PHASE 3
PMO
DEPLOYMENT
PHASE 4
PMO
MAINTENANCE
• Processes & tools
• Methodologies
• Org structures
• Roles & responsibilities
• Stakeholder analysis
• PMO functions
• Key Competencies
• Areas of responsibilities
• Training plan
• Resource plan
• IT infra
• Implement processes &
methodologies
• Communications
• Change management
• Performance monitoring
• Steady state operations
• Handover to operations
• Post-go live support
Communications&OrganisationalChangeManagement
5 MAY 2020How Technology is Transforming the Workforce
Pool Question
Do you see increase in Project Management practices being implemented post
COVID to handle work from home teams?
If Yes then to what percentage?
a) Increase by 10%
b) Increase by 20%
c) Increase by 30%
d) Increase by 40% +
135 MAY 2020How Technology is Transforming the Workforce
4 Building Blocks of Staffing Business
Colleagues
The internal workforce, consisting of all
the departments and teams across the
organization
Partners & Government Bodies
Freelance recruiters, vendor agencies,
suppliers of software, L&D service
providers, government regulatory bodies
like EPFO, Income Tax Department, etc.
Customers
Small, Medium and large-sized
businesses looking to scale their
workforce up through Staffing,
Recruitment, HR Tech & Managed
Services
Candidates
Freshers, experienced, mid-management
and leadership level professionals
seeking job/career opportunities
5 MAY 2020 14How Technology is Transforming the Workforce
Candidate/Associate Experience
– Bot-Enabled Job Search & Application
Management
– Digital KYC & Onboarding
– Mobile Attendance
– Career Services Platform
– Employee Self-Service
Candidate Supply Chain
– Job Portal (Web & Mobile)
– Campus Placement Portal
– Freelancer/Sub Vendor
Network Portal/App
– Market Place – Talent Stock Exchange
Digitization of Staffing Process – For Candidates
155 MAY 2020How Technology is Transforming the Workforce
The Power of Candidate Experience
165 MAY 2020How Technology is Transforming the Workforce
Digitization of Staffing Process – For Customers
Customer Experience
To Manage Demand, Candidate
Shortlisting, Video Interviews,
Assessments, Leaves and
Attendance, Invoice Approvals,
Helpdesk etc.
HR Tech Integrated
Services
– Demographic-Focused
Candidate Sourcing Platform
– L&D Platform
– Employee Benefits Platform
– Master Services Program
Tech-Enabled Services
– Payroll Management
– Statutory & Regulatory
Compliance
– Geo-Tagged Attendance
Tracking
– Analytics/Reporting Platform with
BI & Dashboards
– Managed Services Program
175 MAY 2020How Technology is Transforming the Workforce
Digitization of Staffing Process – For Colleagues
Service Automation
End to ERP to manage
Demand, Sourcing, Offers,
Candidate onboarding, attendance
management, payroll, invoicing,
collections and Candidate exit
management.
Productivity Tools
– Sales CRM
– ATS
– Performance Apps
– Recruiter App
– Freelance Recruiter App
Internal Employee
Engagement
– HRIS
– Rewards & Benefits
– L&D Tool
– Health & Wellness
– Tax & Money Mgmt. Tools
185 MAY 2020How Technology is Transforming the Workforce
ADOPTION OF NEW-
AGE TECH IN HR
195 MAY 2020How Technology is Transforming the Workforce
“79% agree that
chatbots will be an
important interface
to deliver quick,
real-time answers
to candidate or
employee queries”
20
Chatbots in Recruitment
5 MAY 2020How Technology is Transforming the Workforce
21
Pool Question
Do you prefer BOT handling your personal hiring for next job you apply?
a) Yes
b) No
c) May be
5 MAY 2020How Technology is Transforming the Workforce
Blockchain in HR
225 MAY 2020How Technology is Transforming the Workforce
Applications of Blockchain in HR
Employee Data Security and Access
• Decentralized data storage
• Restricted access through tokenized permission
Background Checks
• Access and verify work and academic history, etc.
• Eliminate chances of fraudulent applications
Smart Contracts for Gig Workforce
• Auto-release payments upon task completion
• Protect businesses from fraudulent invoicing
235 MAY 2020How Technology is Transforming the Workforce
THE WORLD OF JOBS
WILL CHANGE IN THE
COMING YEARS
245 MAY 2020How Technology is Transforming the Workforce
What Makes Gig Economy the Hottest Trend in India?
255 MAY 2020How Technology is Transforming the Workforce
Gig Workforce is Trending
• Unconventional Approach to Work by
Millennials
• The Rise of Start-Up Culture
• Growing Demand for Contractual
Workforce by MNCs
• Introduction of Blockchain Payment
System
• Rise of Freelancing Platforms
265 MAY 2020How Technology is Transforming the Workforce
Uberized Recruitment – Rating-Based Hiring of Workforce
275 MAY 2020How Technology is Transforming the Workforce
Uberized Recruitment is in Demand
28
• Immediate deployment of flexi staff
• Review and select candidate
profiles (using client ratings and
experience summary)
• Last-minute hiring requests
• Payroll and administration of flexi
staff taken care by vendor
• Rate the staff and add their profiles
to favourites
5 MAY 2020How Technology is Transforming the Workforce
Post-COVID Era in Employment and Workforce Building (1 of 2)
29
Borderless Workspaces
• Remote working will be the new
normal
• Lesser members at office
• Digital workspaces to become a
hot trend globally
• Programs managed remotely
with Project Management
Standards
Latest News
75% of 4.5 lakh TCS employees to
permanently work from home by
2025
5 MAY 2020How Technology is Transforming the Workforce
Post-COVID Era in Employment and Workforce Building (2 of 2)
30
Changes in Work Culture
• New ways to measure employee productivity;
which will be outcome-driven not time spent
• Redefinition of project management standards
• Adoption of Enterprise Learning to pick up
pace
• Leadership skills will evolve to manage a New
Breed of workers
• Newer strategies to instill a sense of belonging
within remote workers
• Elements of TEAM, TRUST and
TRANSPARENCY will take the centerstage
• Need for leaner operational models
5 MAY 2020How Technology is Transforming the Workforce
31
Pool Question
What Percentage of your team/company will be allowed to work from anywhere post
COVID come back?
a) 20%
b) 30%
c) 40%
d) 50% +
5 MAY 2020How Technology is Transforming the Workforce
THANK YOU
CONTACT DETAILS
RAGHAV POOJARY
Email: raghav.poojary@gmail.com
Linked-in Profile
https://www.linkedin.com/in/raghavpoojary/
Website
http://www.raghavpoojary.com/

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How technology is transforming the workforce!

  • 1. HOW TECHNOLOGY IS TRANSFORMING THE WORKFORCE! By Raghav Poojary Head of HR Technology and Process Automation FirstMeridian Business Services
  • 2. Presenter Profile – Raghav Poojary Head of HR Technology and Process Automation FirstMeridian Business Services Specializations HR Technology & Process Automation | Tech Transformation Consulting | Tech Enabled RPO & Managed Service Programs 2 Summary Subject matter expert with more than 17 years of experience in setting up and operating HR Tech CoE within the people business covering RPO, HR Consulting and Staffing Business Operations. Had worked with companies like Merit Trac, Skill Assure, CareerNet, Adecco, PeopleStrong and Quess Corp in the past. Linked-in Profile https://www.linkedin.com/in/raghavpoojary/ Website http://www.raghavpoojary.com/ 5 MAY 2020How Technology is Transforming the Workforce
  • 3. 5 Trends Shaping the Future of Work! 35 MAY 2020How Technology is Transforming the Workforce
  • 4. Global Mobile Workforce by 2022 42.5% By 2022, 1.87 billion people will be mobile employees, comprising 42.5% of the total global workforce [Source: Strategy Analytics] Work from anywhere Stay connected with people and information anytime, anywhere, on any device Hire the best talent regardless of location Onboard top candidates who aren't willing to relocate Business hours are when you are most productive Open-ended schedule offering flexibility in work timings Mobility – Key Impact Areas 4 Impact! The way we manage people and projects will change – project management methods will emerge as must have skills and also increase in demand for collaboration tools. 5 MAY 2020How Technology is Transforming the Workforce
  • 5. Key Technologies Changing the Way We Work Big Data Blockchain AI/ML/NLP Robotic Process Automation Collaboration Platforms Cloud Computing Edge Computing Internet of Things VR/AR Cybersecurity 55 MAY 2020How Technology is Transforming the Workforce
  • 6. “In the future of work, Technology is the Central Nervous System of the organization that enables everything to function.” 65 MAY 2020How Technology is Transforming the Workforce
  • 7. A QUICK DIVE INTO THE RECRUITMENT & HR INDUSTRY 75 MAY 2020How Technology is Transforming the Workforce
  • 8. The Recruitment Industry in India 85 MAY 2020How Technology is Transforming the Workforce
  • 9. Recruitment Industry TYPES OF SERVICES • Temp Staffing • Permanent Recruitment • Recruitment Process Outsourcing (RPO) • Professional Staffing • SOW-Based or Project Hiring • Managed Services • Master Services Provider • HR Tech Recruitment Industry TOP TECH TRENDS • An Applicant Tracking System (ATS) to Automate End-to-End Recruitment • Mobile-Friendly Career Sites and Digital Onboarding Apps to Attract Millennials & Gen Z • AI & Machine Learning to Automate Sourcing • Analytics and Algorithms to Digitize Recruitment Practices • Chatbots with Natural Language Processing (for Improved Candidate Experience) Recruitment Industry KEY FOCUS AREAS • Candidate Supply Chain • Candidate Experience • Speed & Quality of Hire • Service Automation • Recruitment Team Productivity • Employee Engagement • Employee Benefits • Client Servicing • Compliance • Vendor Management 95 MAY 2020How Technology is Transforming the Workforce
  • 10. TRANSACTION TO TRANSFORMATION DIGITIZING END-TO-END HR & RECRUITMENT PROCESSES 5 MAY 2020 10How Technology is Transforming the Workforce
  • 11. Process Mapping of Staffing Operations Process Sales & Marketing Contracts Demand Mgmt. Sourcing/ Processing Offer/ Onboarding Operations/ Resource Mgmt. Payroll & Billing Compliance People Sales Team Legal Team Account Management Team Sourcing Team & Operations Team Onboarding Team Client Servicing Team Payroll Team & Account Team Compliance & Legal Team System Sales CRM ERP ATS Job Portals, Social Media, Reference, Market Place Mobile App Based Technologies Bot Based Attendance Collection Client Portal, Payrolling tools EPFO Portal, eKYC, 115 MAY 2020How Technology is Transforming the Workforce
  • 12. Setting Up of PMO Team for Tech Deployment and Adoption at Staffing Companies 12 PHASE 1 CURRENT STATE ANALYSIS PHASE 2 PMO DESIGN PHASE 3 PMO DEPLOYMENT PHASE 4 PMO MAINTENANCE • Processes & tools • Methodologies • Org structures • Roles & responsibilities • Stakeholder analysis • PMO functions • Key Competencies • Areas of responsibilities • Training plan • Resource plan • IT infra • Implement processes & methodologies • Communications • Change management • Performance monitoring • Steady state operations • Handover to operations • Post-go live support Communications&OrganisationalChangeManagement 5 MAY 2020How Technology is Transforming the Workforce
  • 13. Pool Question Do you see increase in Project Management practices being implemented post COVID to handle work from home teams? If Yes then to what percentage? a) Increase by 10% b) Increase by 20% c) Increase by 30% d) Increase by 40% + 135 MAY 2020How Technology is Transforming the Workforce
  • 14. 4 Building Blocks of Staffing Business Colleagues The internal workforce, consisting of all the departments and teams across the organization Partners & Government Bodies Freelance recruiters, vendor agencies, suppliers of software, L&D service providers, government regulatory bodies like EPFO, Income Tax Department, etc. Customers Small, Medium and large-sized businesses looking to scale their workforce up through Staffing, Recruitment, HR Tech & Managed Services Candidates Freshers, experienced, mid-management and leadership level professionals seeking job/career opportunities 5 MAY 2020 14How Technology is Transforming the Workforce
  • 15. Candidate/Associate Experience – Bot-Enabled Job Search & Application Management – Digital KYC & Onboarding – Mobile Attendance – Career Services Platform – Employee Self-Service Candidate Supply Chain – Job Portal (Web & Mobile) – Campus Placement Portal – Freelancer/Sub Vendor Network Portal/App – Market Place – Talent Stock Exchange Digitization of Staffing Process – For Candidates 155 MAY 2020How Technology is Transforming the Workforce
  • 16. The Power of Candidate Experience 165 MAY 2020How Technology is Transforming the Workforce
  • 17. Digitization of Staffing Process – For Customers Customer Experience To Manage Demand, Candidate Shortlisting, Video Interviews, Assessments, Leaves and Attendance, Invoice Approvals, Helpdesk etc. HR Tech Integrated Services – Demographic-Focused Candidate Sourcing Platform – L&D Platform – Employee Benefits Platform – Master Services Program Tech-Enabled Services – Payroll Management – Statutory & Regulatory Compliance – Geo-Tagged Attendance Tracking – Analytics/Reporting Platform with BI & Dashboards – Managed Services Program 175 MAY 2020How Technology is Transforming the Workforce
  • 18. Digitization of Staffing Process – For Colleagues Service Automation End to ERP to manage Demand, Sourcing, Offers, Candidate onboarding, attendance management, payroll, invoicing, collections and Candidate exit management. Productivity Tools – Sales CRM – ATS – Performance Apps – Recruiter App – Freelance Recruiter App Internal Employee Engagement – HRIS – Rewards & Benefits – L&D Tool – Health & Wellness – Tax & Money Mgmt. Tools 185 MAY 2020How Technology is Transforming the Workforce
  • 19. ADOPTION OF NEW- AGE TECH IN HR 195 MAY 2020How Technology is Transforming the Workforce
  • 20. “79% agree that chatbots will be an important interface to deliver quick, real-time answers to candidate or employee queries” 20 Chatbots in Recruitment 5 MAY 2020How Technology is Transforming the Workforce
  • 21. 21 Pool Question Do you prefer BOT handling your personal hiring for next job you apply? a) Yes b) No c) May be 5 MAY 2020How Technology is Transforming the Workforce
  • 22. Blockchain in HR 225 MAY 2020How Technology is Transforming the Workforce
  • 23. Applications of Blockchain in HR Employee Data Security and Access • Decentralized data storage • Restricted access through tokenized permission Background Checks • Access and verify work and academic history, etc. • Eliminate chances of fraudulent applications Smart Contracts for Gig Workforce • Auto-release payments upon task completion • Protect businesses from fraudulent invoicing 235 MAY 2020How Technology is Transforming the Workforce
  • 24. THE WORLD OF JOBS WILL CHANGE IN THE COMING YEARS 245 MAY 2020How Technology is Transforming the Workforce
  • 25. What Makes Gig Economy the Hottest Trend in India? 255 MAY 2020How Technology is Transforming the Workforce
  • 26. Gig Workforce is Trending • Unconventional Approach to Work by Millennials • The Rise of Start-Up Culture • Growing Demand for Contractual Workforce by MNCs • Introduction of Blockchain Payment System • Rise of Freelancing Platforms 265 MAY 2020How Technology is Transforming the Workforce
  • 27. Uberized Recruitment – Rating-Based Hiring of Workforce 275 MAY 2020How Technology is Transforming the Workforce
  • 28. Uberized Recruitment is in Demand 28 • Immediate deployment of flexi staff • Review and select candidate profiles (using client ratings and experience summary) • Last-minute hiring requests • Payroll and administration of flexi staff taken care by vendor • Rate the staff and add their profiles to favourites 5 MAY 2020How Technology is Transforming the Workforce
  • 29. Post-COVID Era in Employment and Workforce Building (1 of 2) 29 Borderless Workspaces • Remote working will be the new normal • Lesser members at office • Digital workspaces to become a hot trend globally • Programs managed remotely with Project Management Standards Latest News 75% of 4.5 lakh TCS employees to permanently work from home by 2025 5 MAY 2020How Technology is Transforming the Workforce
  • 30. Post-COVID Era in Employment and Workforce Building (2 of 2) 30 Changes in Work Culture • New ways to measure employee productivity; which will be outcome-driven not time spent • Redefinition of project management standards • Adoption of Enterprise Learning to pick up pace • Leadership skills will evolve to manage a New Breed of workers • Newer strategies to instill a sense of belonging within remote workers • Elements of TEAM, TRUST and TRANSPARENCY will take the centerstage • Need for leaner operational models 5 MAY 2020How Technology is Transforming the Workforce
  • 31. 31 Pool Question What Percentage of your team/company will be allowed to work from anywhere post COVID come back? a) 20% b) 30% c) 40% d) 50% + 5 MAY 2020How Technology is Transforming the Workforce
  • 32. THANK YOU CONTACT DETAILS RAGHAV POOJARY Email: raghav.poojary@gmail.com Linked-in Profile https://www.linkedin.com/in/raghavpoojary/ Website http://www.raghavpoojary.com/