The HR industry has witnessed a massive paradigm shift that has changed how they work, especially after the pandemic hit several industries hard. From incorporating a more diversified and flexible work culture to taking employee health more seriously, the Human Resources teams have been trying hard to build a productive workplace.
A Brief Insight into the Recent Scenario in the HR Industry
According to Netsuite, 47% of the HR teams believe that employee retention, corporate culture management, and turnover are the biggest challenges they face. The COVID-19 pushed companies into adopting the work-from-home modules, making a huge impact on the modern-day work approaches, team collaboration techniques, and maintaining a healthy work environment.
While some companies have managed to find an opportunity to grow in digitizing their workplaces, others are still struggling to cope with these new norms. This is why organizations and their HR departments need to stay updated regarding the new trends in the industry.
It’s time to implement them into your core operations to ensure a more futuristic business and steady growth for your company and your employees. Besides, it would help if you also used an efficient HR management solution, like SAP SuccessFactors, to get your job done faster and with greater productivity.
What is SAP SuccessFactors Solution?
SAP SuccessFactors solutions provide a more engaging, flexible, and collaborative work culture by enhancing employee experiences. This cloud-based solution is designed to help HR teams manage various HR operations, including people performance, training and development, onboarding, business alignment, and learning activities.
SAP SuccessFactors offers a fully-featured suite of HR solutions that help to redefine your work processes and employee engagement. The best thing about this platform is that it is designed for all types and sizes of organizations, and currently, it is successfully operating across 60+ industries worldwide.
Using SAP SuccessFactors solutions, HR teams can manage these operations with higher efficiency and accuracy:
- Hiring and onboarding
- Guidance and efficiency
- Learning and development
- Employee appreciation
- Feedback and improvement
- Growth and better opportunities
- Employee engagement and motivation
- Pay, allowances, and benefits
Top 5 HR Trends in 2022 and the Role of SAP SuccessFactors Solution
Here are the top few trends in the HR industry that you need to know to reshape your workplace in 2022.
The Hybrid Work Model
Many employees are constantly looking for more flexible work cultures, especially after the pandemic. As a result, many employees are reluctant to return to the office environment and continue working for their homes. Yet others prefer the old office environment as they cannot concentrate in their homes due to various familial constraints.
Amidst such mixed reactions from employees, HR departments are working towards developing a hybrid work culture to cater to the needs of both parties while also keeping in mind the safety of their employees. Businesses are incorporating partial remote working approaches and flexible work hours to increase productivity and motivation among their employees.
To cope with this ever-increasing need to implement the hybrid model and shift to the cloud, SAP offers a Talent Hybrid model that enables companies to simplify their HR processes, reduce costs, drive efficiency, and improve employee experiences.
Using the Talent Management suite from SAP SuccessFactors, you can move all the talent management, performance tracking, and rewarding processes to the cloud. It also enables HR teams to provide timely feedback to their employees to help them stay on track.
Enhancing Employee Experience
Businesses focus on improving their employee experiences by providing more intelligent work solutions and automated workflows. However, HR professionals primarily focus on encouraging the personal and professional growth of the company’s most important assets – that’s, people.
If they receive the right training, they can play a vital role in maintaining healthy relationships between the company and its clients, thus bringing in more revenue and growth for their organization. Therefore, HR professionals are building more effective learning and development programs for their employees, and SAP can help you encourage higher participation rates.
Adopting Cloud-Based Technologies
Today, about one-third of the employees prefer working remotely from home for five days every week. This pushes the need for transferring all your core business processes on the cloud for ease of use and access. Besides, working on the cloud also helps HR teams to track their employees’ performance, collaboration, and progress in real-time.
This is why you need powerful, innovative, and intelligent software like SAP SuccessFactors to help your HR teams and employees stay motivated by managing their tasks on the cloud. SAP SuccessFactors is a flexible and comprehensive cloud suite for HR departments to handle HCM (Human Capital Management) operations confidently.
Using this cloud-based HCM solution, you can seamlessly integrate all your current talent management solutions while taking advantage of the new techniques, including AI (artificial intelligence), ML (machine learning), and so on.
Using Employee Analytics for Better Decision-Making
The modern-day work cultures have become more data-centric, allowing managers and leaders to monitor employee data and actionable analytics efferently and in real-time. It enables companies to stay productive and on the right track.
SAP SuccessFactors offers an accurate and real-time workforce analytics solution, known as SAP HR analytics, to help leaders and HR teams make informed decisions. It offers valuable data-driven insights into the HR processes of the company, including talent metrics, employee performance, etc., which prevents any wastage of resources in making wrong decisions.
Focusing on Internal Mobility
An internal mobility program refers to employees’ vertical and lateral movement within a given organization. It requires a specific process to help a profitable movement of internal talent between roles and responsibilities for the growth and success of each worker and the organization.
The internal mobility programs help save time, money, and effort and enable employees to learn new skills and advance in their careers. HR solutions like SAP SuccessFactors have a crucial role here as it enables employees to fill their skill gaps by finding the right learning activities. It helps workers prepare for the next roles and take up higher responsibilities.
SAP SuccessFactors makes it easier for managers and HR professionals to conduct regular 1:1 meetings wherein managers and employees can have productive discussions. This cloud-based HCM suite also maintains a steady work-life balance by increasing productive time and helping employees prioritize their work more easily.
If you aren’t using SAP HR solutions like SAP SuccessFactors, you should think about it. To grow a more futuristic and competitive business, you should invest in strengthening your HR teams and employee training.
To get proper guidance regarding the right solutions, try reaching out to professional and knowledgeable SAP consulting services to learn how to integrate SAP ERP solutions with your current workflows. It’s worth it if you consider the long-term benefits.