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With a significant rise in the gig economy resulting from businesses’ increased dependency on freelancers and private contractors, employees are requesting more flexibility in their schedule.
Fremont, CA: An organization’s workforce is its driving force. Improving the workforce is an unending process. In order to improve workforce efficiency, it becomes imperative to focus on creating a better experience for employees. With the perpetual transformation of the workplace, workforce management software has needed to adapt to meet the needs of these trends. The quality of the workforce determines the progress of an organization. With a significant rise in the gig economy resulting from businesses’ increased dependency on freelancers and private contractors, employees are requesting more flexibility in their schedule.
Let us look at the latest workforce management trends:
Disengaged employees can lead businesses to great financial loss. Employees simply showing up at the office and going through the motions is not good enough. Offices are noticing that engaged employees are more productive than disengaged ones.
Employee engagement defines how much employees are passionate about their work and the extent to which they are committed to their companies. If employees are aware of their role within a business and are determined to do well, their performance will go up.
Companies with higher levels of employee engagement have reported a significant reduction in turnover. It can also reduce absenteeism.
With the increased demand for freelancers and private contractors, employees working 9 to 5 jobs are asking for more flexibility and control when it comes to their schedule. 2020 witnessed that more employers are willingly providing employees with the freedom to choose when they work and where. This has proved to be a win-win situation for both employers and employees as it has improved employee productivity and helped them improve work-life balance.
HR tech is becoming more advanced with time, providing solutions to almost every possible HR-related issues. However, one major problem with HR tech apps that they run independently rather than through a software suite. One of the biggest workforce management software trends includes easier integration and synchronization of data between different tools and software.
See also: Top HR Technology Companies