A vast majority of human resources (HR) professionals see their portfolio of technology solutions as being a high priority, but few organizations are happy with their solutions. There is much room for improvement in many companies, as just 3% say the quality of their HR tech stack is ‘top-notch.’
The free research report, The State of Today’s HR Tech Stack 2020, is now available for download. HR.com’s Research Institute conducted the study of HR professionals to get a snapshot of the current state of HR technology and what should be the focus for tech solutions in the future.
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The study revealed that current HR tech stacks most commonly include employee access via mobile devices (73%), followed by their ability to facilitate employee self-service (71%). On the other hand, few HR professionals suggest that their HR tech stack automates many talent management processes (42%) or integrates many talent management solutions (32%). Just 21% say their HR tech stack nurtures and reinforces the desired corporate culture.
Further analysis shows that organizations reporting higher-quality tech stacks are more likely to:
- prioritize attention to their HR tech stacks
- see an increase in productivity and employee engagement
- automate and integrate talent management processes
- view their systems as up-to-date and user-friendly
- produce accurate and actionable HR analytics
- be good at planning HR tech stack implementations
- plan to incorporate artificial intelligence into future systems
“Most organizations need more effective tech solutions. Without it, they have a tough time maximizing HR’s productivity and employee experience,” stated Debbie McGrath, Chief Instigator and CEO of HR.com.
Download the full report which includes details on seven key takeaways to help departments gain insights into how to optimize their technology solutions for managing their workforce.
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