At the dawn of a new year, HR teams are looking ahead to what they hope will be a better future in 2022. Whether it’s robot employees replacing human workers or AI-powered recruitment software taking over, these predictions for how technology will affect employment and talent management in the next decade should give you some insight into where your company is heading
The “pwc hr technology survey 2021” is a report that shows the future of HR in 2022. The report predicts that by 2022, there will be 17 HR Technology Statistics for HR teams.
HR technology statistics assist businesses in making a positive influence on human resources.
Companies can optimize the advantages of human resources for effective operations by correctly using technology. On the other hand, if it is misused, it may have a negative impact on human resources.
Read about the influence of technology on HR, its current condition, how technology is employed, and which new technologies are used by human resources in this article.
Let’s get started!
Table of Contents
(Editor’s Pick) Key HR Technology Statistics
- Companies utilize technology to locate, attract, and retain employees in 58 percent of cases.
- Only 6% of companies feel they have the most advanced technology.
- Because of the price, 57 percent of businesses do not employ ATS.
- HR technology will be used by 80% of small enterprises in the United States in the next few years.
- Employers utilize technology to monitor workers in 16 percent of cases.
Statistics on Human Resources Technology
1. HR technology are used by 58 percent of businesses to locate, keep, and attract people.
According to a PwC report, 58 percent of businesses use HR technology to locate, keep, and attract people. HR technology were able to automate parts of the recruiting talent procedures by replacing paper-based hiring processes with digital solutions.
PwC is the source of this information.
2. The cloud is used by 44 percent of talent executives to increase productivity and effectiveness, while 35 percent utilize it to save expenses.
44 percent of talent executives said that adopting the cloud improves the productivity and effectiveness of their teams and employees. Using the cloud, on the other hand, helps 35% of them save money. According to PwC statistics from 2020, this is the case.
PwC is the source of this information.
3. 74% of HR executives want to increase their investments in HR technology.
HR may spend more savings in HR technology as the human resources management system saves money. 74 percent of HR executives, according to PwC, aim to expand their investments in HR technology.
PwC is the source of this information.
4. From now until 2022, HR technology will be focused on talent acquisition (49 percent) and employee experience (48 percent).
HR technology will be focused on two primary areas by 2022. To begin with, 49 percent of HR technology will be focused on talent acquisition, while 48 percent will be focused on employee experience. The findings of the PwC poll are based on responses from 594 HR and HR IT executives.
PwC is the source of this information.
5. To transform the work environment, 79 percent of HR professionals in the United States feel their firms have the proper HR technology tools.
79 percent of HR professionals in the United States say their firms have the proper HR technologies to alter the workplace. HR technology bring businesses up to date with the constant developments in this manner.
SHRM is the source for this information.
6. For 26% of businesses, the most difficult recruitment obstacle is ineffective recruiting technology.
Companies have issues with their hiring procedures, according to a Deloitte study for 2019. For example, 26% of companies blame poor recruitment technology for their difficulties throughout the hiring process.
Deloitte is the source for this information.
7. Only 6% of hiring firms say they have the finest technology and procedures.
Only 6% of recruitment firms responded affirmatively when asked if they had the finest technology for their organization. This is troubling, since HR technology should be beneficial to recruitment firms. Similarly, just 12% of hiring managers stated they had great outsourcing technology, while only 9% said they have strong screening technology.
Deloitte is the source for this information.
8. Technology will have the greatest influence on sourcing and outreach recruiting initiatives, according to almost nine out of ten organizations (87 percent).
While 87 percent of organizations expect technology to have the greatest influence on outreach and sourcing, it also plays a role in other recruiting operations. For example, 83 percent feel HR technology has the most influence on the screening process. Furthermore, 83% feel it has the greatest influence on the application, 75% on evaluation, 60% on offer creation, 54% on selection, 51% on candidate closure, and 48% on interviewing.
Deloitte is the source for this information.
9. HR software will be used by 80% of small enterprises in the United States in the next several years.
In the next several years, eight out of ten small enterprises in the United States aim to employ HR software. HR software is a standard practice for the vast majority of small enterprises, according to Zippia.
Zippia is the source of this information.
Recruiters use a variety of approaches to discover talent. Recruiters utilize applicant tracking software (ATS) 75 percent of the time, according to Paycor. On the other hand, a larger percentage of them (79%) utilize social media for this purpose.
Paycor is the source of this information.
11. The cloud is currently being used by three out of every four businesses (75 percent).
According to a Denodo study of 250 businesses, 75 percent are currently using HR technology. Furthermore, the majority of them have at least one cloud-based task.
Denodo is the source of this information.
12. The success of HR software is attributed to a tight interaction between IT and HR departments in 40% of firms.
The success of HR software, according to 40% of firms, is based on a good interaction between the IT and HR departments. This implies that in order for HR software to be successful, IT and HR must collaborate.
Gartner, Inc.
13. An annual survey was utilized by 89 percent of firms in 2015.
In 2015, over nine out of ten businesses conducted an annual survey (89 percent ). In 2019, this percentage fell to 74 percent of businesses. Annual surveys like this are designed to find out how workers feel at the end of the year, or at any other point during the year.
Gartner, Inc.
14. The HR software industry is expected to reach $10 billion by 2022.
According to Grand View Research’s estimates, the HR software industry will be worth more than $10 billion by 2022. This figure indicates that worldwide demand for HR software is increasing.
Grand View Research is the source of this information.
Because of the price, 15.57 percent of businesses do not employ applicant tracking software.
Despite the fact that applicant tracking systems may be quite beneficial to businesses, 57 percent of respondents said they do not utilize them because of the high expenses. The majority of these businesses are tiny. Furthermore, ATS may assist them during the whole employment process.
Finances Online is the source for this information.
16. 86 percent of job seekers use their cellphones to look for work.
Because cellphones have become more important in this century, job seekers are actively utilizing their smartphones while seeking for work. HR technology and HR professionals must adapt to this new reality, since 86 percent of them use smartphones to look for work.
SHRM is the source for this information.
16. Technology is used by 16 percent of companies to monitor their personnel.
HR tools for time tracking and staff monitoring are becoming more popular. According to Pulse, 16 percent of businesses will be using them by 2020. Furthermore, this number might have risen as a result of the epidemic, which forced many people to work from home. Employers may also keep an eye on their workers even if they work from home.
Pulse is the source of this information.
The Final Word
To sum up the data on HR technology, we can conclude that this is an area of human resources that is quickly expanding. Furthermore, although human resource technologies are being deployed, there is still a long way to go and much development to be done. HR statistics also provide information about other aspects of the business, such as management and analytics. Finally, HR automation data reveal how businesses are using technology to streamline their operations.
The “human resource jobs near me” is a technology that will be in use by HR teams in 2022. It will provide real-time analytics, reports, and dashboards for the entire company.
Frequently Asked Questions
What should HR focus on in 2022?
A: HR may be able to make a significant impact on the future of workforce automation by focusing more heavily on research and development. This will allow them to stay ahead of their competitors in order to maximize profits while maximizing productivity at the same time.
What are the biggest trends in the job market in 2022?
A: According to a study conducted by the American Psychological Association, many of the top trends in 2022 are related to technology. Robots and automation will be used more often in manufacturing. This can be seen as positive or negative depending on what side youre on. The same report also predicts that jobs for people with creative skills such as writing, art, music will become obsolete because computers can do these things better than humans.
How big is the HR technology market?
A: The HR technology market is said to be worth $30 billion.
Related Tags
- hr consulting
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