With a global pandemic kicking off 2020, the new decade has been filled not only with fevered discussions about our health, wealth, jobs and well-being – but about the impact on our collective futures too. We’ve embraced new technologies more rapidly than we could have imagined. We’ve adopted remote working at speed. And the health and safety of our people has never been more critical.
COVID-19 didn’t just invade bodies, it exposed cracks in existing structures and accelerated change towards what was previously termed the ‘future of work’.
From applicant tracking to onboarding, retention and data-driven decision making, human resources initiatives are increasingly informed by analytics. Even small businesses can benefit from human capital management (HCM) software to record, gather and report the data you need to improve productivity. Powerful cloud-based HCM software is accessible from anywhere and can integrate with other vital business platforms, such as accounting software. HCM solutions also include features that make it easier for your team to focus on strategic initiatives.
Further, remote working and flexible schedules also appear to carry mental health benefits. Employees may be skeptical, so whatever direction you choose, be genuine and make concerted efforts. And each business’s needs will be different. Ask your employees what changes they’d like to see. And it may benefit your bottom line with a healthier workforce, as health insurance premiums continue to be one of the top financial concerns for small businesses.
Talent management constantly evolves with workforce changes, economic pressures and technology advancements. Successful and efficient talent management is about more than just paying employees well. It’s about considering their needs and treating them with dignity, respect and fairness. Not only is it the right thing to do, it helps retain employees, improve employee engagement and can even impact sales and customer service. Fostering a culture of respect helps employees and companies succeed through hard work and creativity.
We present to you, “Top 10 Talent Management Solution Providers - 2021.”