OCTOBER 2020HR TECH OUTLOOK6Technology has affected maximum industries, including Human Resource. Hiring today has considerably changed than what it was years back. Business dynamics are also fast-changing, making it a challenge for companies to sustain. To meet these gaps and the recruitment demands of companies, multiple startups are using new-age technologies like Artificial Intelligence (AI), Machine Learning (ML), and analytics. Besides, automation and AI is just a little section of the latest tech innovations implemented to HR on a regular basis. From payroll automation and soft skill management to artificial intelligence in recruitment, everything majorly depends on technology.In recent years, the remote team is the buzz word that is taking the industry by storm. The ability to work remotely is rapidly turning out to be one of the most sought-after employee benefits, but also quite an administrative challenge--businesses now have to be ready to connect employees in various time zones and take measures to ensure they all have equal learning and development possibilities. Apart from this, it gives employers access to new, previously inaccessible pools of talent while reducing recruitment costs. Moreover, some organisations rely entirely on distributed teams by design, while others are shifting toward hiring a growing number of remote employees. Similarly, the prominence of data management in human resources is undeniable, especially as teams grow. Tech and tools convenient to HR professionals today vary from simple surveys and employee feedback tools to sophisticated analytics platforms. Further, payroll handed out on actual paper payslips are almost gone. And aside from apparent pro-environmental benefits, what this means is that the need to adopt new ways of ensuring sensitive employee data in the long run. On the other hand, it looks like the most significant perk of latest HR tech trends is not meant to replace people. Instead, it's there to assist them and make more significant connections as professionals and co-workers.In this edition of HR Tech Outlook, we bring to you some of the leading HR tech startups that have excelled through innovation. We hope the inspiring success stories of these startups benefit our readers in pursuit of an ideal collaboration.Let us know your thoughts!Technology Innovations Keeping HR RelevantHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CHROs and CXOs to our editorial staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKOCTOBER - 26 - 2020, Volume 06, Issue 35 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Mark Christopher
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