Half to change HR tech inside three years
Only 29% of HR professionals think that their HR systems are fit for the modern workforce; Core HR platforms open to disruption from specialist providers offering a differentiated HR experience in talent acquisition, learning, performance management and employee listening.
The majority of HR professionals do not believe their existing HR solutions are a good match to the needs of their workforce. Employee experience expectations, across changing demographics, continue to throw up a significant mismatch between what HR teams want and what their solutions can deliver.
This is a slight decline in advocacy on 2023 and underlines what a deeply embedded problem this continues to be in HR and change is coming. There is continued opportunity for volatility in the HR technology market, especially in the emerging themes of skills, analytics, onboarding, service desk, strategic workforce planning and learning. Looking out over two to three years, on average, over half of HR teams are expecting to change their systems.
Uncertainty seems to be growing, and this leaves core HRIS platforms open to disruption from specialist providers who enable a differentiated HR experience. It’s what we see with enterprises adopting niche solutions to raise their game in talent acquisition, learning, performance management and employee listening.
- Fosway
David Perring is back with Fosway's report on where and why the HR technology ecosystem is set for change.
Programme links
HR Realities Part 3
Series links
HR Realities - part 1: Performance and profitability almost topple skills as top challenge
HR Realities - part 2: Budgets and Investment
HR Realities - part 3: Half to change HR tech inside three years
HR Realities - part 4: Employee experience gets thumbs down
HR Realities - part 5: AI in HR, today
Coming soon
HR Realities - part 6: AI in HR, tomorrow