May 18, 2022 | 15:38 GMT+7

HR Tech - The latest trend in human resources management

Quoc Phong - Hoàng An -

The emergence of HR Technology is changing the way enterprises manage their human resources.

In this era of digital transformation, Human Resources Technology (HR Tech) is being used in enterprise management alongside emerging tech tools such as artificial intelligence (AI) and the Internet of Things (IoT). Businesses are adapting and updating to stay abreast of inevitable tech trends.

After two years of Covid-19, many Vietnamese organizations and businesses are facing a major challenge: the drastic change seen in the labor market. Along with that, Gen Z, with knowledge and early use of high technology, is gradually becoming the main element of the workforce. HR Tech is therefore becoming a new trend for many businesses.

The application of HR Tech around the world has been towards new problems in HR management, such as using technology to effective control remote working or applying digital experiences through virtual reality (VR), blockchain, robotic process automation (RPA), IoT, AI, cloud computing, and big data. HR Tech also helps businesses upgrade and operate their HR management system, automating, standardizing, and streamlining all processes, thereby improving the employee experience, bringing cost benefits, and saving time. Additionally, HR Tech contributes to the digital transformation process within businesses, which will support the utilization of all their resources.

Now is a golden time for the application of HR Tech, especially given the ongoing surge in technology development. In Vietnam, the application of Big Data, AI, cloud computing, and integrated software and hardware solution systems to optimize and increase the effectiveness of HR management at organizations and enterprises, including small and medium-sized enterprises (SMEs), has also begun to develop strongly.

In addition, analysts say that HR Tech is an inevitable trend that will help businesses improve their entire HR management activities and is changing the management of workers. Moreover, it is expected to help businesses resolve issues such as recruiting the wrong candidate and attracting and retaining talent, and helping create a happy working environment for everyone.