Michael Specht

A blog from Australia looking at technology, management, Human Resources (HR) and recruitment.

HR Technology Trends

June 7th, 2009 · 2 Comments · HR Management, HRIS, Technology · 7,339 views



The Future
Credit: Flickr dbilly

Last month Watson Wyatt released their 2009 HR Technology Trends Report. So I grabbed my credit card and laid down US$45 to get a copy so I could see what they had to say.

Some thoughts:

  • The report is very hard to compare with their 2007 HR Technology Trends Report as the format has changed.
  • Intranets are still the most favoured method of communicating with employees 72%, with newer technologies making an entrance such as social networking 13%, Blogs 11% and podcasts 6%.
  • Organisations are still use manual processes when it comes to some core areas of talent management; succession planning (53%), career development (48%) and workforce planning (55%).
  • However 56% of organisations are planning to increase their use of talent management technology over the next two years. With leveraging existing ERP’s being the primary approach, 29%, integrated talent management systems are next with 27%.
  • Across all talent management areas organisation have a higher satisfaction with external solutions than internally developed ones.
  • However internally developed systems have a higher satisfaction than outsourced solutions in the areas of Recruiting, Compensation Administration, Annual Pay & Bonus Delivery, Succession Planning, and Workforce Planning.

So what next?

  • Technology vendors who have best in class succession planning and workforce planning solutions have the potential for growth over the next two years as organisation move to automate these processes.
  • Outsource providers in compensation administration, succession planning and workforce planning need to clean up their act otherwise they may see business dropping off.
  • Emerging technologies will continue to grow in usage within organisations to streamline communications with employees.
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