You’ve probably heard the old adage that “nothing in life is certain but death and taxes.
In last week’s largest national HR Technology Conference, keynote speaker Josh Bersin predicted radical changes in the year ahead for HR professionals — a notion we saw constantly reiterated throughout the three-day Las Vegas event. With burgeoning AI, machine learning, automation, new tools for continuous assessment, and various other disruptive technologies, it’s clear that both the function of HR and the tools by which it performs those functions are quickly evolving.
A few notable trends for 2018:
AI is cropping up more and more
Many large HCM suite vendors have introduced system upgrades that bear the hallmarks of AI, and Ultimate Software even unveiled “Xander,” their new AI-based employee feedback platform. While analysts tend to agree that AI is still mostly in its infancy in HR Tech, and that there are no clear leaders yet in this space, we may not be far off from fully-realized AI technology for HR purposes.
Talent acquisition is hot
According to Bersin, the hottest area of investor interest is talent acquisition, which has become an “incredibly dynamic space” thanks to increased funding and innovation.
Video interviewing gets an upgrade
Companies like HireVue are making tools that can “capture a million data elements from one 15-minute interview.” This type of technology can totally revolutionize the way we conduct interviews and the data we use to assess candidates.
Year-end reviews are on the way out
Tools for continuous assessment — as opposed to the more traditional year-end review — are on the rise. A number of companies are developing a diverse range of tools for continuous assessment, so it’s up to each HR department to determine which specific approach is the right one for their company. Despite initially feeling disruptive to employees, continuous assessment usually leads to increased engagement.
Replicon at HR Tech
We debuted our Time Intelligence™️ Platform during HR Tech to help businesses understand, manage, and deploy time as their most valuable asset. We had a blast chatting with different folks about how Time Intelligence™️ can completely revamp their business both at our booth, as well as at a Replicon-sponsored dinner event at Bouchon (with guest speaker Hal Elrod). Check out some highlights below:
The Replicon team at HR Tech!
Replicon CEO Raj Narayanaswamy leads our panel on “Culture vs. Compliance: How to Maintain a People-First Culture While Complying with Labor Laws“
Dinner at Bouchon to chat with industry leaders about Time Intelligence™️
Guest speaker Hal Elrod went on to discuss deploying time as your most valuable asset in your own life