DecodeHR’s HR Digital Transformation Survey: Unearthing Valuable Data
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Most utilised HR software: Payroll. Most keenly explored HR software: People analytics. These were some of the enlightening results from our first HR Digital Transformation survey last year. We have now launched our 2nd annual survey. To participate, click here.
Digital transformation is one of the most exciting developments in the HR industry today.
But beyond the flashy news about new applications and solutions which have the potential to transform HR, we wanted to put our finger on the pulse on the ground – what is the actual state of HR digital transformation?
It is especially relevant to what we do because dchr.tech - DecodeHR’s tech arm - aims to connect HR technologies to our clients, regardless of size, in a meaningful way.
The findings from our 2021 survey allowed us to better tailor tech solutions to people and organisations, to meet their expressed needs.
Said our Managing Director Evelyn Chow, “We can see that the transformation process is tough with too many choices and the stakes are high. Companies do need an HR digitalisation roadmap and the insight/data to select the right technologies. Our 2nd survey is part of our commitment to understand how companies are evolving and to continue to meet those needs.”
About Our 2021 Survey
It was conducted online between January 2021 to April 2021. Almost two-thirds of the survey participants were business owners, C-Level executives, HR Managers and HR Directors.
Interesting Findings
71% had already embarked on an HR digitalisation journey.
The top 3 types of HR software already used by participants were:
Payroll (61%)
Time and Attendance (43%)
Core HR (33%)
The top 3 types of HR software which our participants were exploring were:
People Analytics (27%)
People Management (26%)
Competency Management (21%)
The top 3 factors influencing buying decisions when it comes to HR software:
Cost (79%)
Ease of Use (73%)
Features (57%)
Participants required the most help in:
Software Selection Process (23%)
Measuring Effectiveness of Software Purchased (20%)
Implementation (17%)
Our 2nd HR Digital Transformation Survey aims to understand the key challenges and priorities of organisations in their digitalisation journey. This year, we are collaborating with our HR tech partners - Darwinbox, Swingvy, Talenox, The Talent Games and X0PA AI - to extend our reach internationally.
Please click here to participate and help us to gain more insights into the development of HR digitalisation.
CHECK OUT OTHER RESOURCES BY OUR HR TECH PARTNERS:
Darwinbox | Unlocking Digital ROI: The CXOs Guide to HR Tech Transformation
Swingvy | The Business Impact of Shifting to Cloud-based Software
Talenox | Why We Might Be Doing Remote Work All Wrong
Talenox | 3 Things to Look Out for in a Payroll Software
The Talent Games | Hiring Diverse Candidates with HR Technology
The Talent Games | Masan Group Case Study
X0PA AI | How Fast-Growing Companies Can Benefit from Talent Analytics
X0PA AI | It’s Time to Leverage AI to Remove Hiring Biases