Now that we’re nearly halfway through the year, it’s a great time to take a step back and evaluate some of the top 2017 HR innovations and trends. Our industry is changing rapidly, and it can be a challenge to stay on top of the latest tools and best practices. May 23, 2017, by Sanjoe Tom Jose, greenhouse
But luckily you don’t have to go out there and do a ton of research yourself—we’ve put together this list for you!
1. Predictive analytics
Predictive analytics presents a radical solution to all your woes, whether you’re concerned about attrition rate, candidate drop-offs across stages, or evaluating employee performance. All these integrated processes can be upgraded by bringing in digitalization/automation from the first step onwards.
Having the ability to analyze data points every step of the way helps improve predictions and insights and provides accurate hiring projections/numbers and prospective channels of recruitment.
An increasing number of organizations are concentrating on reducing costs that occur after hiring due to bad hiring decisions. Talent analytics can minimize cost and facilitate more effective recruitment.
2. Intelligent sourcing techniques
Many recruiters wish they could do more to attract passive candidates, and one of the 2017 HR innovations is intelligent sourcing that can find suitable profiles from a wider search on the internet and help to hire passive candidates.
Companies are now going to be able to understand every interaction a candidate has and hence the kind of content that will help attract them. The shift from talent management to talent generation management is here.
3. Distributed workforce
It’s become pretty common for employees and offices to be spread out across the globe. The trend of the distributed workforce means that technology like virtual reality will play a crucial role in the workforce, and expect to see early functional prototypes in 2017. Next generation versions of Slack and Hipchat will do much more.
Virtual Machine-based Simulations at Talview provide candidates with cloud-based Virtual Machines that are flexible, proctored, give real-time feedback and on-demand reviews via Talview panel account.
4. No more plain vanilla video interviewing
Plain vanilla interviewing will become a thing of the past. One of the top 2017 HR innovations is an intelligent interviewing system that can analyze the interview and assist the hiring manager in decision-making. This type of software can provide reports on technical, cognitive, and behavioral fit.
The Talview Talent Insights tool highlights enhanced video interviewing—one of the 2017 HR innovations.
5. Simulation & gamification
The trends of simulation and gamification will impact all aspects of HR from hiring and retention to learning and development and performance management via continuous validation.
At Talview, simulations and gamification have exponentially contributed to the success of these processes.
We’ve seen this in a few different ways already. Organizations like PWC are leveraging tools like Multiply and Badgeville.
To facilitate L&D, Dutch airline KLM has developed a virtual reality (VR) simulation which allows its engineers to take part in a simulated fire evacuation, choose how they respond at each stage, and experience the impact of their decisions. They have leveraged simulation and gamification for preparing cost-effective training programs.
6. Employer branding
Candidates feel more empowered than ever to negotiate their terms and seek new opportunities. It’s now on the employer to strategize their branding in order to attract the best candidates. One of the 2017 HR innovations is the increased focus on a holistic candidate experience through candidate branding. Companies are building interactive websites and making use of social media sites like Snapchat and Instagram to attract the next generation of candidates.
7. The integrated ATS
With all the changes in the HR and recruiting industries, it’s more important than ever to have an advanced ATS that’s customized with additional features and plugins. Look for integrations that help with sourcing, employee referrals, travel and interview-related expenses, background checks, and more. In 2017, you can expect to customize your ATS to your specific recruiting needs.
8. Rethinking annual performance evaluations
The annual performance review is now becoming extinct and it’s increasingly common for managers to focus on continuously shifting employee goals and take a flexible approach to evaluation. With Gen Z beginning to enter the workforce, frequent feedback and action-oriented corrective steps will become more prevalent. Companies will now begin to focus on more frequent, comprehensive, and relevant assessments.
We’ve shared a few of our ideas about 2017 HR innovations and trends—some of them are already impacting the way we work and manage employees, and some of them are transforming the way we do our work as recruiters and HR professionals. Are there any innovations or trends we didn’t include here that you think we should have? Leave us a note in the comments section to let us know!